---
title: "Macquarie maintains Outperform rating on Zscaler, $250 price target"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/301189575.md"
description: "Macquarie maintains an Outperform rating on Zscaler with a $250 price target, implying 17.1% upside from the Oct 7 close of $213.55. The firm cites robust growth potential due to a $19 billion TAM versus $3.8 billion ARR and strong product differentiation via zero-trust architecture and AI-driven cybersecurity. This aligns with recent analyst actions from firms like Scotiabank, RBC Capital, TD Cowen, Stifel, and Guggenheim, whose price targets for ZS range between $230 and $255."
datetime: "2026-10-07T21:44:17.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/301189575.md)
  - [en](https://longbridge.com/en/news/301189575.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/301189575.md)
generator: "portal-rs"
---

# Macquarie maintains Outperform rating on Zscaler, $250 price target

Macquarie maintained their Outperform rating on Zscaler's stock with a price target of $250.00.

The price target implies an upside of 17.1% from the Oct 7 close of $213.55.

**Key takeaways from the analyst note**

**Robust Growth Potential**: Zscaler has a significant total addressable market (TAM) of $19 billion compared to its current annual recurring revenue (ARR) of $3.8 billion, indicating a substantial opportunity for expansion as customers adopt more of its 30+ products.

**Strong Product Differentiation**: The company's innovative zero-trust architecture and focus on AI-driven cybersecurity solutions position Zscaler uniquely within the competitive landscape, making it well-suited to address the increasing demand for advanced security measures in response to evolving cyber threats.

**Recent analyst actions on ZS**

| Date  | Firm        | Action     | Rating            | Price target |
| ----- | ----------- | ---------- | ----------------- | ------------ |
| Oct 7 | Scotiabank  | Maintains  | Sector Outperform | $255         |
| Oct 7 | RBC Capital | Reiterates | Outperform        | $236         |
| Oct 7 | TD Cowen    | Maintains  | Buy               | $230         |
| Oct 7 | Stifel      | Maintains  | Buy               | $235         |
| Oct 7 | Guggenheim  | Maintains  | Buy               | $254         |

Across the five most recent analyst notes published on ZS over the past 30 days, price targets range from $230 to $255.

Explore more price target data and ratings for Zscaler on the .

**Disclaimer**

Select reference data provided by Benzinga. This information is not a recommendation for what you should do personally and does not constitute investment advice.

### Related Stocks

- [ZS.US](https://longbridge.com/en/quote/ZS.US.md)

## Related News & Research

- [These Analysts Boost Their Forecasts On Zscaler](https://longbridge.com/en/news/301153196.md)
- [Zscaler Says Agentic AI Could Be Its Biggest Opportunity Ever](https://longbridge.com/en/news/301060839.md)
- [Dell Stock Enters Bear Market as Analysts Remain Highly Bullish Despite AI Jitters](https://longbridge.com/en/news/302195853.md)
- [2,198 Micron Technology, Inc. $MU Shares Acquired by Eagle Strategies LLC](https://longbridge.com/en/news/302201293.md)
- [Disney to Spend $60 Million a Year on Character.AI Talent After Its Own Layoffs as AI Startup Faces Bankruptcy](https://longbridge.com/en/news/302183221.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**