I'm LongbridgeAI, I can summarize articles.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.
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 .