Zscaler, Inc. (ZS) Stock Price, Quote & News - Stock Analysis (2024)

FAQs

Zscaler, Inc. (ZS) Stock Price, Quote & News - Stock Analysis? ›

ZS Stock Forecast FAQ

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. This is based on 32 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

ZS Stock Forecast FAQ

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. This is based on 32 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

As of 2024-04-30, the Fair Value of Zscaler Inc (ZS) is -4.63 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 179.04 USD, the upside of Zscaler Inc is -102.6%.

Zscaler shares received a boost from KeyBanc Capital analyst Eric Heath, who turned bullish on the security software company, which has been under pressure this year amid concern about decelerating growth in billings. Zscaler shares, down about 20% year to date, edged up 1.6% to $175.68 on Thursday.

Based on analysts offering 12 month price targets for ZS in the last 3 months. The average price target is $261.68 with a high estimate of $310 and a low estimate of $214.

NASDAQ: ZS

Despite delivering impressive quarterly financial results, the cybersecurity stock still slid lower thanks to a combination of pessimism about its outlook, an expensive valuation, and unfavorable market conditions.

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.

Out of 26 analysts, 12 (46.15%) are recommending ZS as a Strong Buy, 9 (34.62%) are recommending ZS as a Buy, 5 (19.23%) are recommending ZS as a Hold, 0 (0%) are recommending ZS as a Sell, and 0 (0%) are recommending ZS as a Strong Sell. If you're new to stock investing, here's how to buy Zscaler stock.

According to our current ZS stock forecast, the value of Zscaler shares will rise by 3.12% and reach $ 179.93 per share by May 9, 2024. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 39 (Fear).

Is Zscaler a loss making company? ›

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. One positive is that Zscaler is growing revenue apace, which makes it easier to sell a growth story and raise capital if need be.

Intrinsic Value. The intrinsic value of one ZS stock under the Base Case scenario is 72.02 USD. Compared to the current market price of 174.37 USD, Zscaler Inc is Overvalued by 59%.

Zscaler is expected to see accelerated growth in the near term, with sustained growth above 30% and a proven track record of winning market share.

Since ZS is currently undervalued, it may be a great time to increase your holdings in the stock. With a positive outlook on the horizon, it seems like this growth has not yet been fully factored into the share price.

One of the biggest strengths that Zscaler has shown has been growing within its customer base. This can be seen in its strong net dollar retention numbers. For its fiscal year ended in July, the company saw net dollar retention of 121%. For its most recent quarter ended in January, this metric was 117%.

Zscaler offers an internet networking connection that is secure and private, and it interconnects the company's users. But Zscaler also has it to where the data centers, third parties, cloud and data center infrastructure, and even SAAS (software as a service) are interconnected on this private internet connection.

Zscaler Inc quote is equal to 172.735 USD at 2024-04-30. Based on our forecasts, a long-term increase is expected, the "ZS" stock price prognosis for 2029-04-25 is 517.800 USD. With a 5-year investment, the revenue is expected to be around +199.77%. Your current $100 investment may be up to $299.77 in 2029.

Fair Value Estimate for Zscaler

We forecast revenue to grow at a 28% compound annual growth rate over the next five years. As enterprises increasingly shift network traffic routing directly to cloud applications, we see massive greenfield opportunities for the firm to take advantage and grow its business.

The lawsuit alleges that ZS worked side-by-side with its clients to develop and implement the questionable tactics used to sell opioids over the past two decades and, as a result, had access to vast amounts of the companies' data.

PwC scored higher in 8 areas: Overall rating, Diversity and inclusion, Work-life balance, Senior management, Career opportunities, CEO approval, Recommend to a friend and Positive Business Outlook. ZS Associates scored higher in 1 area: Compensation & Benefits.