ZS stock forecast, quote, news & analysis
Zscaler is a software-as-a-service, or SaaS, firm focusing on providing cloud-native cybersecurity solutions to primarily enterprise customers... Show more
Why Zscaler (ZS) Stock Is Up +19% in the Last 30 Days
Key Takeaways
- Zscaler shares rose roughly 19% over the 30-day period into late October 2026, climbing from $214.45 on September 23 to $255.15 at the October 23 close.
- The advance extended a powerful multi-month rebound, with the stock up about 73% over the prior three months.
- A well-received October 6 Investor Day, where management positioned Zscaler as "the cybersecurity platform for the AI era" and outlined a long-term $10 billion annual recurring revenue (ARR) ambition, anchored the move.
- A broad wave of analyst price-target increases followed the event, including raises at Wells Fargo, Truist, Stephens, Scotiabank, JPMorgan, TD Cowen, and Canaccord.
- Strong fiscal fourth-quarter results reported September 3, featuring 25% ARR growth and an accelerating net-new-ARR trajectory, underpinned investor confidence.
- For additional detail on Zscaler's Price Targets, Earnings, and Forecast, explore Tickeron's dedicated pages.
- Explore Trending AI Robots to see AI-driven trading strategies covering ZS and thousands of other tickers.
Zscaler (ZS) Company Overview and Market Position
Zscaler, Inc. is a cloud-native cybersecurity company built around a Zero Trust Exchange platform delivered as software-as-a-service. Its core offerings include Zscaler Internet Access (ZIA), Zscaler Private Access (ZPA), and Zscaler Digital Experience (ZDX), which let enterprises secure users, applications, and data without relying on traditional VPNs or on-premises appliances. The company is a leading player in the Secure Access Service Edge (SASE) market and competes with peers such as Palo Alto Networks (PANW), Cloudflare (NET), and CrowdStrike (CRWD). Investors track ZS closely because its subscription-based, high-growth model sits at the center of the enterprise shift toward zero-trust architecture and, increasingly, AI-era security.
Zscaler (ZS) Stock Price Performance: Last 30 Days vs. Quarter
Over the trailing 30 days, Zscaler shares advanced from a closing price of $214.45 on September 23 to $255.15 on October 23, a gain of about 19%. The move was not linear: the stock pulled back toward the $193 level in late September before rallying sharply through October, capped by a 7.8% single-session gain on October 21.
The longer view is even stronger. From roughly $147 in late July 2026, Zscaler climbed to $255.15 by October 23, an increase of approximately 73% over the past three months. That rebound marked a notable valuation re-rating after the stock ended June near its cheapest sales multiple since fiscal 2018.
What Drove ZS Stock Price in the Last 30 Days
The primary catalyst was Zscaler's October 6 Investor Day, where management reinforced its AI-security opportunity, reaffirmed first-quarter fiscal 2027 guidance of $935 million to $939 million in revenue, and framed a long-term path toward $10 billion in ARR. That messaging triggered a wave of analyst price-target increases on October 7, including moves at Wells Fargo (to $260), Truist (to $250), Stephens (to $265), Scotiabank (to $255), JPMorgan (to $245), TD Cowen (to $230), Stifel (to $235), and Canaccord (to $250 from $210).
Momentum continued on October 21, when D.A. Davidson initiated coverage of Zscaler with a Neutral rating, and shares climbed 7.8% for the day. The rally also rode a broader cybersecurity advance, as sector peers gained on commentary suggesting cybersecurity providers may benefit from rising AI token usage.
What Drove ZS Stock Performance Over the Last Quarter
The quarter's foundation was Zscaler's fiscal fourth-quarter 2026 report, released September 3. Full-year revenue rose 25.4% to $3.35 billion, ARR reached about $3.8 billion (up 25%), and free cash flow totaled $779 million, or 23.2% of revenue. Notably, growth in newly added recurring revenue, excluding the Red Canary acquisition, accelerated from 7% in fiscal 2025 to 17% in the fiscal fourth quarter, signaling re-acceleration in the core business even as management guided fiscal 2027 revenue growth to a more moderate 16.6% to 17.5%.
This combination of improving profitability trends and a fresh AI-security growth narrative drove a sharp re-rating from depressed mid-year valuations, lifting the stock well off its June lows.
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ZS Stock Forecast Drivers: What Investors Should Watch Next
Investors will be focused on Zscaler's fiscal first-quarter 2027 earnings report, expected in November 2026. Key metrics include revenue against management's guidance of $935 million to $939 million, ARR growth relative to the roughly 17% pace embedded in guidance, and net-new ARR, which indicates whether the AI-security story is translating into accelerating demand. Free-cash-flow margin progression toward the company's 23% to 23.5% target and any disclosure on Security-for-AI product adoption will also be closely watched. Competitive and commoditization pressures in the SASE market, along with broader sensitivity of high-multiple software names to interest rates and macroeconomic conditions, remain the principal risks to monitor.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
ZS in downward trend: price may drop because broke its higher Bollinger Band on October 23, 2026
ZS broke above its upper Bollinger Band on October 23, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 35 similar instances where the stock broke above the upper band. In 29 of the 35 cases the stock fell afterwards. This puts the odds of success at 83%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for ZS moved out of overbought territory on October 29, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 36 similar instances where the indicator moved out of overbought territory. In 28 of the 36 cases, the stock moved lower in the following days. This puts the odds of a move lower at 78%.
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 43 of 52 cases where ZS's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 83%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ZS declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 81%.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 08, 2026. You may want to consider a long position or call options on ZS as a result. In 67 of 79 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 85%.
The Moving Average Convergence Divergence (MACD) for ZS just turned positive on October 22, 2026. Looking at past instances where ZS's MACD turned positive, the stock continued to rise in 38 of 46 cases over the following month. The odds of a continued upward trend are 83%.
Following a +9.54% 3-day Advance, the price is estimated to grow further. Considering data from situations where ZS advanced for three days, in 260 of 345 cases, the price rose further within the following month. The odds of a continued upward trend are 75%.
The Aroon Indicator entered an Uptrend today. In 182 of 230 cases where ZS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 79%.
Fundamental Analysis (Ratings)
The Tickeron Valuation Rating of 3 (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (14.925) is normal, around the industry mean (15.569). ZS has a moderately low P/E Ratio (-609.820) as compared to the industry average of (58.592). Projected Growth (PEG Ratio) (2.043) is also within normal values, averaging (3.648). Dividend Yield (0.000) settles around the average of (0.269) among similar stocks. P/S Ratio (9.158) is also within normal values, averaging (103.889).
The Tickeron Price Growth Rating for this company is 35 (best 1 - 100 worst), indicating steady price growth. ZS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron SMR rating for this company is 92 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is 97 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. ZS’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 91, placing this stock worse than average.
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General Information
an antivirus & cloud security platform
Industry ComputerCommunications