Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of March 1, 2026, Zscaler, Inc. (ZS) has a Wall Street consensus price target of $288.85, based on estimates from 52 covering analysts. With the stock currently trading at $146.99, this represents a potential upside of +96.5%. The company has a market capitalization of $23.60B.
Analyst price targets range from a low of $209.00 to a high of $360.00, representing a 52% spread in expectations. The median target of $307.50 differs from the mean, suggesting potential outlier estimates. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 42 analysts rating the stock as a Buy or Strong Buy,9 rating it Hold, and 1 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, ZS trades at a trailing P/E of -544.4x and forward P/E of 36.8x. Analysts expect EPS to grow +1042.4% over the next year.
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Start ComparisonThe consensus Wall Street price target for ZS is $288.85, representing 96.5% upside from the current price of $146.99. With 52 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
ZS has a consensus rating of "Buy" based on 52 Wall Street analysts. The rating breakdown is predominantly bullish, with 42 Buy/Strong Buy ratings. The consensus 12-month price target of $288.85 implies 96.5% upside from current levels.
At a forward P/E of 36.8304x, ZS trades at a premium valuation. The consensus price target of $288.85 (96.5% upside) suggests analysts still see growth justifying the multiple.
The most bullish Wall Street analyst has a price target of $360 for ZS, while the most conservative target is $209. The consensus of $288.85 represents the median expectation. These targets typically reflect 12-month expectations.
ZS is heavily covered by Wall Street, with 52 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 42 have Buy ratings, 9 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month ZS stock forecast based on 52 Wall Street analysts shows a consensus price target of $288.85, with estimates ranging from $209 (bear case) to $360 (bull case). The median consensus rating is "Buy".
ZS trades at a forward P/E ratio of 36.8x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are very optimistic on ZS, with a "Buy" consensus rating and $288.85 price target (96.5% upside). 42 of 52 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
ZS analyst price targets range from $209 to $360, a 52% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $288.85 consensus represents the middle ground.