Zscaler Inc (ZS) Stock Price & News - Google Finance (2024)

FAQs

Is Zscaler a good stock to buy? ›

Zscaler has 51.14% upside potential, based on the analysts' average price target. Zscaler has a conensus rating of Strong Buy which is based on 26 buy ratings, 6 hold ratings and 0 sell ratings. The average price target for Zscaler is $263.46.

Based on short-term price targets offered by 35 analysts, the average price target for Zscaler comes to $254.06. The forecasts range from a low of $210.00 to a high of $310.00. The average price target represents an increase of 46.88% from the last closing price of $172.97.

According to our current ZS stock forecast, the value of Zscaler shares will rise by 2.37% and reach $ 173.23 per share by April 27, 2024. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 39 (Fear).

Zscaler stock price stood at $170.97

According to the latest long-term forecast, Zscaler price will hit $250 by the middle of 2025 and then $300 by the end of 2027. Zscaler will rise to $350 within the year of 2028, $400 in 2030, $450 in 2032 and $500 in 2034.

With its 3-star rating, we believe Zscaler stock is fairly valued compared with our long-term fair value estimate of $213. We forecast revenue to grow at a 28% compound annual growth rate over the next five years.

Zscaler stock has received a consensus rating of buy. The average rating score is and is based on 66 buy ratings, 33 hold ratings, and 0 sell ratings. What was the 52-week low for Zscaler stock? The low in the last 52 weeks of Zscaler stock was 84.93.

So How Risky Is Zscaler? While Zscaler lost money on an earnings before interest and tax (EBIT) level, it actually generated positive free cash flow US$463m. So although it is loss-making, it doesn't seem to have too much near-term balance sheet risk, keeping in mind the net cash.

What about privacy? The Zscaler service does not record or store personal data when you browse the internet. The service only inspects your internet traffic for threats when you are connected to your corporate network or when Zscaler Client Connector is enabled.

Zscaler (NASDAQ: ZS) accelerates digital transformation so that customers can be more agile, efficient, resilient, and secure. The Zscaler Zero Trust Exchange protects thousands of customers from cyberattacks and data loss by securely connecting users, devices, and applications in any location.

Zscaler Inc quote is equal to 176.920 USD at 2024-04-23. Based on our forecasts, a long-term increase is expected, the "ZS" stock price prognosis for 2029-04-18 is 508.773 USD. With a 5-year investment, the revenue is expected to be around +187.57%. Your current $100 investment may be up to $287.57 in 2029.

Who makes Zscaler? ›

Zscaler was founded in 2007 by Jay Chaudhry and K. Kailash.

The Zscaler Zero Trust Exchange, a SSE-based platform, is the world's largest inline cloud security platform, protecting thousands of customers from cyberattacks and data loss by securely connecting users, devices, and applications over any network.

Zscaler operates the largest security cloud in the world, serving 7,000+ customers and 50+ million users, processing over 300 billion transactions a day, and receiving 500 trillion health performance and security metrics.

29, 2024.

Zscaler reported strong quarterly results on Feb. 29. The stock dropped following earnings due to a mixed reception of its forecasts. The cybersecurity stock has expensive valuation ratios that lead to volatility.

Zscaler is a fast-growing company, and some of these answers can change just as quickly. We update them periodically, but from time to time, they may fall out of date. You can always contact us to confirm any details. This FAQ is current as of July 2023.