I'm LongbridgeAI, I can summarize articles.Cantor Fitzgerald maintained an Overweight rating on Zscaler (ZS) with a $275 price target, implying 29.6% upside from the Oct 6 close of $212.25. The firm cites significant growth opportunities within a $19 billion addressable market and strong financial targets driven by AI adoption, including a long-term ARR goal exceeding $8 billion by FY31. This follows recent analyst actions from Needham, Wedbush, and RBC Capital, with price targets ranging between $215 and $255.
Cantor Fitzgerald maintained their Overweight rating on Zscaler's stock with a price target of $275.00.
The price target implies an upside of 29.6% from the Oct 6 close of $212.25.
Key takeaways from the analyst note
Significant Growth Opportunity: Zscaler's management highlighted a substantial addressable market of approximately $19 billion within its installed base, with around $15 billion in potential whitespace. This presents a compelling opportunity for growth, especially as the company targets the 75% of enterprise customers who have yet to adopt its solutions.
Strong Financial Targets Driven by AI Adoption: With a long-term goal of exceeding $8 billion in Annual Recurring Revenue (ARR) by FY31, Zscaler is positioned for robust growth, underpinned by the increasing demand for AI-driven security solutions. The expected compounded annual growth rate (CAGR) of 17% reflects confidence in the company's ability to capitalize on emerging trends in cybersecurity.
Recent analyst actions on ZS
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| Oct 7 | Needham | Maintains | Buy | $255 |
| Sep 28 | Wedbush | Reiterates | Outperform | $215 |
| Sep 25 | RBC Capital | Maintains | Outperform | $236 |
Across the three most recent analyst notes published on ZS over the past 30 days, price targets range from $215 to $255.
Explore more price target data and ratings for Zscaler on the .