StreetInsider.com News Articles

Zscaler (ZS) PT Raised to $190 at FBN Securities

Fri, 04 Sep 2026 12:45:14 -0400

FBN Securities analyst Shelby Seyrafi raised the price target on Zscaler (NASDAQ: ZS) to $190.00 (from $175.00) while maintaining a Outperform rating.

The analyst comments "Retain Outperform. We reiterate our Outperform rating on ZS and raise our price target to $190 from $175 following a clean FQ4 2026 beat on every disclosed line. Key positives — revenue of $898.2M (+25% Y/Y) beating consensus by 2.4%, organic net new ARR of $232M accelerating to 17% Y/Y from 7% in FY2025 and 10% in 1H FY2026, RPO of $7,400M up 28% Y/Y and 3.2% above consensus, and a record 24.3% NG operating margin%

Zscaler (ZS) PT Raised to $190 at FBN Securities

Fri, 04 Sep 2026 12:45:14 -0400

FBN Securities analyst Shelby Seyrafi raised the price target on Zscaler (NASDAQ: ZS) to $190.00 (from $175.00) while maintaining a Outperform rating.

Zscaler (ZS) Reiterated at Overweight by JPMorgan on Beat and Raise Results

Fri, 04 Sep 2026 08:03:31 -0400

JPMorgan analyst Brian Essex reiterated an Overweight rating and $215.00 price target on Zscaler (NASDAQ: ZS).

The analyst commented, "Beat with a slightly better outlook for revenue and ARR for FY27. Zscaler delivered revenue and ARR above consensus by a greater magnitude than we’ve seen year-to-date. The company also increased guidance for revenue and ARR over its initial FY27 outlook previously given, which we don’t think many expected, but still view as maintaining an appropriate level of prudence."

For an analyst ratings summary and ratings history on Zscaler click here. For more ratings news on Zscaler click here.

Shares of Zscaler

Zscaler (ZS) PT Raised to $225 at Stephens

Fri, 04 Sep 2026 07:33:06 -0400

(Updated - September 4, 2026 7:33 AM EDT)

Stephens analyst Todd Weller raised the price target on Zscaler (NASDAQ: ZS) to $225.00 (from $200.00) while maintaining a Overweight rating.

The analyst commented: "Zscaler closed out FY26 with strong F4Q results and equally important the quarter was clean and relatively uneventful compared to the last few quarters. Zscaler delivered a respectable ARR beat with organic NNARR acceleration and relatively stable organic ARR growth. Trends across key growth drivers (ZTE, Data Security, improving sales productivity, Z-Flex) were positive and the company’s newer Security for AI solutions are experiencing positive early traction. We also viewed

Zscaler (ZS) PT Raised to $225 at Stephens

Fri, 04 Sep 2026 07:33:06 -0400

(Updated - September 4, 2026 7:33 AM EDT)

Stephens analyst Todd Weller raised the price target on Zscaler (NASDAQ: ZS) to $225.00 (from $200.00) while maintaining a Overweight rating.

Zscaler (ZS) PT Raised to $175 at Piper Sandler

Fri, 04 Sep 2026 07:31:57 -0400

Piper Sandler analyst Rob Owens raised the price target on Zscaler (NASDAQ: ZS) to $175.00 (from $160.00) while maintaining a Neutral rating.

Zscaler (ZS) PT Raised to $210 at RBC Capital

Fri, 04 Sep 2026 07:23:47 -0400

RBC Capital analyst Matthew Hedberg raised the price target on Zscaler (NASDAQ: ZS) to $210.00 (from $200.00) while maintaining a Outperform rating.

Zscaler (ZS) Reiterated at Buy by Stifel on Solid Q4 Print

Fri, 04 Sep 2026 07:13:05 -0400

Stifel analyst Adam Borg reiterated a Buy rating and $200.00 price target on Zscaler (NASDAQ: ZS).

The analyst commented, "Zscaler delivered a solid F4Q26 print, with results above expectations across all top-line and bottom-line metrics and conservative guidance assumptions, as Zscaler saw increasing contribution from AI offerings, non-seat-based solutions, continued Z-Flex momentum, record large-deal activity, and improved sales productivity. Importantly, organic ARR grew 20%+ as organic NNARR grew 17% Y/Y, the second consecutive quarter of acceleration. Turning to guidance, F1Q27 guidance was above consensus, and management walked up FY27 ARR and revenue guidance by about 50bps, with Operating Income above consensus

Zscaler (ZS) PT Raised to $215 at Needham

Fri, 04 Sep 2026 07:09:22 -0400

(Updated - September 4, 2026 7:09 AM EDT)

Needham analyst Alex Henderson raised the price target on Zscaler (NASDAQ: ZS) to $215.00 (from $180.00) while maintaining a Buy rating.

The analyst commented: "Zscaler reported a strong finish to FY26, with 4QFY26 ARR increasing 25% yr-yr (20% organic) to $3,771 Million and outperforming the consensus estimate of $3,745 Million by 0.7%/$26 Million. Management noted solid performance, especially in the Americas and APJ regions, supplemented by double-digit sales productivity growth.

Updated ARR guidance for 17% yr-yr growth implies just 4% yr-yr Net-New ARR growth (compared to 14% organic in FY26), and strikes us as conservative

Zscaler (ZS) PT Raised to $215 at Needham

Fri, 04 Sep 2026 07:09:22 -0400

(Updated - September 4, 2026 7:09 AM EDT)

Needham analyst Alex Henderson raised the price target on Zscaler (NASDAQ: ZS) to $215.00 (from $180.00) while maintaining a Buy rating.

Updated ARR guidance for 17% yr-yr growth implies just 4% yr-yr Net-New ARR growth (compared to 14% organic in FY26), and strikes us as conservative

Zscaler (ZS) PT Raised to $200 at Scotiabank

Fri, 04 Sep 2026 06:50:32 -0400

(Updated - September 4, 2026 6:50 AM EDT)

Scotiabank analyst Patrick Colville raised the price target on Zscaler (NASDAQ: ZS) to $200.00 (from $175.00) while maintaining a Sector Outperform rating.

The analyst commented: "We reiterate our Sector Outperform rating on Zscaler after a 'climb the wall of worry' print as F4Q saw new ARR (ex Red Canary) accelerate to 17% y/y. Changes within the sales organization continue with a 3% RIF announced, but positive to hear the 2 senior sales departures have been filled. Management’s F27 ARR guide was lifted from the target provided last quarter. Assuming a typical beat, this goal

Zscaler (ZS) PT Raised to $200 at Scotiabank

Fri, 04 Sep 2026 06:50:32 -0400

(Updated - September 4, 2026 6:50 AM EDT)

Scotiabank analyst Patrick Colville raised the price target on Zscaler (NASDAQ: ZS) to $200.00 (from $175.00) while maintaining a Sector Outperform rating.

Canaccord Reiterates Buy Rating on Zscaler (ZS)

Fri, 04 Sep 2026 06:43:13 -0400

Canaccord analyst Michael Walkley reiterated a Buy rating and $210.00 price target on Zscaler (NASDAQ: ZS).

The analyst commented: "Bears may pick at the fact that guided FY27 ARR growth of 16.6–17.4% implies net new ARR growth decelerating from 17% in Q4 to roughly 4% at the midpoint. We think the guidance is carefully prudent in the midst of a sales force shift. The Red Canary base is assumed to contribute zero net new ARR while absorbing MDR-rate churn; the sales leadership transition is loaded entirely into 1H27, Agentic SecOps (launching September 9) is paced to contribute only in 2H27 and

Zscaler (ZS) PT Raised to $230 at Baird

Fri, 04 Sep 2026 06:18:05 -0400

Baird analyst Shrenik Kothari raised the price target on Zscaler (NASDAQ: ZS) to $230.00 (from $220.00) while maintaining a Outperform rating.

Zscaler (ZS) PT Raised to $165 at Morgan Stanley

Fri, 04 Sep 2026 06:10:42 -0400

Morgan Stanley analyst Meta Marshall raised the price target on Zscaler (NASDAQ: ZS) to $165.00 (from $145.00) while maintaining a Equalweight rating.

The analyst comments "Remain EW, PT to $165 from $145. PT increased to $165 From $145 on the back of slightly better-than-expected FQ4 results. $165 is based on 31x EV/FCF FY28e FCF of $1,233mm, up slightly from prior 25x (on a lower $1,197mm FY28 FCF estimate). Upside risks to our PT include an acceleration in cybersecurity spend and better competitive dynamics. Downside risks to our PT include increased competitive pressure from larger vendors, particularly Palo Alto Networks, as well

Zscaler (ZS) PT Raised to $165 at Morgan Stanley

Fri, 04 Sep 2026 06:10:42 -0400

Morgan Stanley analyst Meta Marshall raised the price target on Zscaler (NASDAQ: ZS) to $165.00 (from $145.00) while maintaining a Equalweight rating.

Zscaler (ZS) PT Raised to $215 at Wells Fargo

Fri, 04 Sep 2026 05:24:14 -0400

Wells Fargo analyst Richard Poland raised the price target on Zscaler (NASDAQ: ZS) to $215.00 (from $210.00) while maintaining a Overweight rating.

The analyst comments "Raising estimates: We're raising our FY27/FY28 revs estimates 0.6%/0.9% and changing FCF estimates by 0.4%/-1.0%. Valuation/PT change: Shares are trading at 28x EV/FCF on our NTM estimates in after- hours trading, a discount to peers on cash flow that is temporarily burdened by spikes in component costs/shortages. At these levels, despite competition concerns, risk/reward looks positively skewed. Our price target of $215 is based on ~28x EV/FCF on our forward NTM estimates."

Zscaler (ZS) PT Raised to $215 at Wells Fargo

Fri, 04 Sep 2026 05:24:14 -0400

Wells Fargo analyst Richard Poland raised the price target on Zscaler (NASDAQ: ZS) to $215.00 (from $210.00) while maintaining a Overweight rating.

Zscaler (ZS) PT Raised to $200 at BMO Capital

Fri, 04 Sep 2026 05:10:29 -0400

BMO Capital analyst Keith Bachman raised the price target on Zscaler (NASDAQ: ZS) to $200.00 (from $178.00) while maintaining a Outperform rating.

The analyst comments "ZS reported solid results against a relatively low bar, and our FY27 ARR estimates are moving modestly higher. We envision upside tension given a ramping AI security product portfolio, growing Z-Flex momentum, and durable net retention rate, among other factors. We are incrementally positive on ZS’ expanding portfolio offerings and long-term opportunities given signs of pipeline strength. However, we do not think the results of the quarter will change investor sentiment in the near-term. We are

Zscaler (ZS) PT Raised to $200 at BMO Capital

Fri, 04 Sep 2026 05:10:29 -0400

BMO Capital analyst Keith Bachman raised the price target on Zscaler (NASDAQ: ZS) to $200.00 (from $178.00) while maintaining a Outperform rating.

Cantor Fitzgerald on Zscaler (ZS): 'We See Beat-and-Raise Setup for FY27'

Fri, 04 Sep 2026 05:06:05 -0400

Cantor Fitzgerald analyst Jonathan Ruykhaver reiterated an Overweight rating and $225.00 price target on Zscaler (NASDAQ: ZS).

The analyst comments "We reiterate our Overweight rating and maintain our 12-month price target of $225 following strong F4Q26 results and an improved FY27 outlook. Zscaler exceeded F4Q26 FactSet consensus estimates for gross margin, revenue, ARR, operating margin, free cash flow, and EPS. Organic NNARR growth also accelerated, easing concerns around last quarter’s sales leadership departures. Shares are down ~2% after hours (versus SPY ~flat) following initial FY27 guidance that implies a step-down in NNARR. The guide incorporates ongoing sales transitions, potential Red Canary

Guggenheim Reiterates Buy Rating on Zscaler (ZS)

Fri, 04 Sep 2026 05:05:23 -0400

Guggenheim analyst John DiFucci reiterated a Buy rating and $214.00 price target on Zscaler (NASDAQ: ZS).

The analyst comments "After a disappointing guide last quarter, Zscaler reported strong F4Q26 results and guided both F1Q27 and FY27 above the Street, which we view as reasonably attainable. Strength in the period came from the Americas and APAC, though management noted that work still needs to be done in EMEA, which is in the process of hiring a new leader for the region. Despite this, New ARR accelerated in the quarter (even excluding Red Canary) against a more difficult comp, implying improving business momentum,

Zscaler (ZS) PT Raised to $200 at Barclays

Fri, 04 Sep 2026 04:22:53 -0400

Barclays analyst Peter Weed raised the price target on Zscaler (NASDAQ: ZS) to $200.00 (from $192.00) while maintaining a Overweight rating.

After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM

Thu, 03 Sep 2026 16:29:37 -0400

After-Hours Movers:

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Samsara surged 11% following a strong beat-and-raise Q2 performance. The Connected Operations Cloud provider reported an adjusted EPS of $0.20 on $508.4 million in revenue, beating analyst estimates across the board. Management raised full-year guidance, projecting total revenue of $2.04–$2.05 billion and adjusted EPS of $0.76–$0.78, driven by expanding large-enterprise customer additions and strong fleet-telematics demand.

UiPath Inc. (NYSE: PATH)

UiPath climbed 13% after reporting solid Q2 top-line results. The enterprise automation software maker met bottom-line targets with an EPS of $0.15 while delivering revenue of $410.26 million (beating the $397.77 million estimate). Upbeat full-year revenue guidance of

After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM

Thu, 03 Sep 2026 16:29:37 -0400

After-Hours Movers:

Samsara Inc (NYSE: IOT)

UiPath Inc. (NYSE: PATH)