Eight firms just raised their Zscaler price targets, but one holdout analyst set a target below where the stock already trades, and that disagreement reveals a fault line investors need to understand before the next earnings report.
Zscaler, Inc. (ZS) Analyst/Investor Day Transcript
Zscaler remains a "Buy" as cybersecurity sector momentum and AI-driven urgency support continued growth, despite reduced conviction from earlier strong buy levels. ZS delivered 25% YoY revenue growth, exceeded guidance, and is on the cusp of GAAP profitability, with a robust net cash balance sheet. Management guides for 17.5%–19% revenue growth and targets $10 billion ARR by FY31, implying sustained mid-teens CAGR and 27%–30% non-GAAP operating margins.
Zscaler NASDAQ: ZS used its 2026 Investor Day to position its Zero Trust Exchange platform as a cybersecurity architecture designed for the growing use of artificial intelligence, while outlining a path to more than $8 billion in annual recurring revenue by fiscal 2031 and a potential upside case of $10 billion.
Agentic AI took center stage as Zscaler (NASDAQ:ZS | ZS Price Prediction) hosted its Investor Day in New York City and reaffirmed its guidance for the current quarter and the full fiscal year. Zscaler stock is at $207.
Zscaler (ZS) closed at $196.6 in the latest trading session, marking a -1.1% move from the prior day.
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Zacks.com users have recently been watching Zscaler (ZS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
While cybersecurity peers doubled in value over the past year, Zscaler slid past 30% and now sits at a crossroads where one bold analyst sees a very different story unfolding than the rest of Wall Street is willing to admit.
Two sharp selloffs are happening side by side for unrelated reasons. Cybersecurity provider Zscaler (NASDAQ:ZS | ZS Price Prediction) is losing its chief revenue officer.
Shares of Zscaler Inc. (NASDAQ:ZS) fell 8.6% on Friday morning after the company announced that chief revenue officer Mike Rich is stepping down for personal reasons. Ross Tackett, currently Worldwide Head of Sales, will take over as CRO effective October 1.
Zscaler stock falls after the company announces a new chief revenue officer.