- Needham sets a bullish tone for Zscaler, maintaining a "Buy" rating with an ambitious $350 target.
- The recent rollout of Zscaler's Z-Flex program has attracted significant enterprise interest, securing over $65 million in Total Contract Value.
- Wall Street analysts present a mixed outlook, while GuruFocus estimates suggest a potential downside based on GF Value assessments.
Needham maintains a Buy rating on Zscaler (ZS, Financial) with a $350 price target, highlighting the success of its new Z-Flex program. Launched in Q3 fiscal 2025, Z-Flex has already secured over $65 million in Total Contract Value. The initiative aims to attract larger enterprises by offering flexible purchasing options.
Wall Street Analysts Forecast
Wall Street analysts have offered a range of one-year price targets for Zscaler Inc (ZS, Financial), with a consensus average target of $315.82. Among these, the estimates span from a high of $385.00 to a low of $215.00. This average target suggests a modest upside of 0.33% from the current market price of $314.77. Investors looking for a more comprehensive breakdown can visit the Zscaler Inc (ZS) Forecast page for further details.
In terms of brokerage recommendations, Zscaler Inc (ZS, Financial) holds an "Outperform" status with an average score of 2.0, derived from 47 brokerage firms. The rating scale ranges from 1, indicating a Strong Buy, to 5, indicating a Sell.
Based on GuruFocus estimates, the estimated GF Value for Zscaler Inc (ZS, Financial) in one year is $294.26. This suggests a potential downside of 6.52% from the current price of $314.77. The GF Value represents GuruFocus' estimate of the fair value at which the stock should trade, calculated using historical trading multiples, past growth, and future business performance projections. More detailed insights can be found on the Zscaler Inc (ZS) Summary page.