Equites Radar

ZS · Zscaler, Inc.

Software - InfrastructureUnited StatesAnalyst view: Buy

$164.54

+0.65% last session

End-of-day data · close of 2026-09-11

Mildly bearish1 bullish · 3 bearish technical signals
Consensus: Buy (1.57 from 44 analysts)
To mean target: +26.7%

Market cap

$27B

Enterprise value

$25B

Trailing P/E

Forward P/E

29.2

Dividend yield

Beta

0.95

Avg volume

3M

Employees

9K

Daily Change %

0.65%

5 Days Change

-2.18%

10 Days Change

-11.83%

30 Days Change

-6.97%

60 Days Change

19.26%

Month to Day Change

-6.88%

Year to Day Change

-26.15%

Analyst Outlook

Consensus ratingBuy
Recommendation mean (1–5)1.57
Covering analysts44
Mean price target$207.06
Low price target$155.00
Upside to mean target+26.7%

Analyst estimates change daily — follow the shifts on the Estimate Trends page.

Technical Analysis

RSI (14)45.8
50-day MA$162.93
200-day MA$170.03
Price vs 50-day MA+1.0%
Price vs 200-day MA-3.2%
MACD histogram-3.03
Volume vs 3-month avg0.7×
52w low $118.0552w high $336.27

Analyst sentiment over time — ZS

Rec Mean (blue, left — higher = more bullish) vs. price targets (right).

Investment Bank Ratings as of 2026-09-08

Latest call per bank · past 12 months

Citigroup

Buy

$205

+25.4% vs price
▲ raised from $175Maintains · 2026-09-08

Morgan Stanley

Equal-Weight

$165

+0.9% vs price
▲ raised from $145Maintains · 2026-09-04

Wells Fargo

Overweight

$215

+31.5% vs price
▲ raised from $210Maintains · 2026-09-04

RBC Capital

Outperform

$210

+28.5% vs price
▲ raised from $200Maintains · 2026-09-04

Barclays

Overweight

$200

+22.3% vs price
▲ raised from $192Maintains · 2026-09-04

JP Morgan

Overweight

$215

+31.5% vs price
▲ raised from $205Maintains · 2026-08-26

UBS

Buy

$225

+37.6% vs price
▼ cut from $260Maintains · 2026-05-27

Goldman Sachs

Neutral

$257

+57.2% vs price
▼ cut from $290Maintains · 2026-03-02

Bank of America

Buy

$335

+104.9% vs price
▼ cut from $355Maintains · 2025-11-26

Recent rating actions

DateFirmActionRatingPrice target
2026-09-08CitigroupMaintainsBuy$175 $205
2026-09-04MacquarieMaintainsOutperform$172 $200
2026-09-04Piper SandlerMaintainsNeutral$160 $175
2026-09-04Morgan StanleyMaintainsEqual-Weight$145 $165
2026-09-04BMO CapitalMaintainsOutperform$178 $200
2026-09-04BairdMaintainsOutperform$220 $230
2026-09-04Wells FargoMaintainsOverweight$210 $215
2026-09-04RBC CapitalMaintainsOutperform$200 $210

Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.

Signal Summary as of 2026-09-11

  • RSI (14): RSI is 46 — neutral momentum, neither overbought nor oversold.
  • Price vs 50-day MA: Trading 1.0% above the 50-day MA ($162.93).
  • Price vs 200-day MA: Trading 3.2% below the 200-day MA ($170.03).
  • MA cross: The 50-day MA sits below the 200-day MA (death-cross regime) — the longer-term trend points down.
  • MACD (12,26,9): MACD histogram is negative (-3.03) — short-term momentum is fading.
  • 52-week range: Price sits between the 52-week low ($118.05) and high ($336.27).

ZS Price Chart

Loading chart for ZS

Fundamentals

Revenue (TTM)$3.0B
EBITDA$0M
Free cash flow$1.0B
Operating cash flow$1.0B
Book value / share$15.94
Net Debt / EBITDA-36.6
WACC10.0%
Revenue growth25.00%
Earnings growth

About Zscaler, Inc.

Zscaler, Inc. operates as a cloud security company worldwide. The company offers cyberthreat protection products, including Zero Trust SASE, a solution that securely connects workforces, AI agents, workloads, and IoT/OT devices to cloud apps and AI services; Zscaler Internet Access, which provides advanced threat protection, sandbox, and zero trust firewall; Zscaler Private Access solution that includes cyberthreat and data protection, application discovery, secure application access, application segmentation, application protection, and reduced attack surface; Zero Trust Browser, a solution that secures browser-based access to business applications for the extended workforce, including third parties and partners; Zscaler Digital Experience, a solution that monitors end-user experience and helps organizations identify and resolve performance issues across their digital environment; Zero Trust Branch; and Zero Trust Cloud solutions. It also provides Security for AI solution to secure AI adoption across the full AI ecosystem; data security services, including AI-powered data classification and contextual insights, data loss prevention, Saas security, and data security posture management solution. In addition, the company offers Agentic Security Operations solution that enables enterprises to reduce cyber risk by using AI-powered automation; exposure management platform; deception; managed detection and response; agentic security operations center; and threat hunting solutions. It serves automotive, airlines and transportation, conglomerates, consumer goods and retail, energy, financial services, healthcare, insurance, manufacturing, media and communications, public sector and education, technology, and telecommunications services industries. The company was formerly known as SafeChannel, Inc. and changed its name to Zscaler, Inc. in August 2008. Zscaler, Inc. was incorporated in 2007 and is headquartered in San Jose, California.

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Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.