Zscaler (ZS) – Investment Analysts’ Weekly Ratings Changes

Several analysts have recently updated their ratings and price targets for Zscaler (NASDAQ: ZS):

• 10/22/2026 – Zscaler had its price target raised by Freedom Broker from $230.00 to $270.00. They now have a “buy” rating on the stock.
• 10/21/2026 – Zscaler is now covered by DA Davidson. They set a “neutral” rating and a $215.00 price target on the stock.
• 10/20/2026 – Zscaler is now covered by DA Davidson. They set a “neutral” rating and a $215.00 price target on the stock.
• 10/15/2026 – Zscaler had its price target raised by Citigroup from $245.00 to $260.00. They now have a “buy” rating on the stock.
• 10/9/2026 – Zscaler had its “market outperform” rating reaffirmed by Citigroup.
• 10/9/2026 – Zscaler had its price target raised by Citizens Jmp from $210.00 to $265.00. They now have a “market outperform” rating on the stock.
• 10/7/2026 – Zscaler had its price target raised by Scotiabank from $240.00 to $255.00. They now have a “sector outperform” rating on the stock.
• 10/7/2026 – Zscaler had its price target raised by Jefferies Financial Group from $220.00 to $250.00. They now have a “buy” rating on the stock.
• 10/7/2026 – Zscaler had its price target raised by Canaccord Genuity Group from $210.00 to $250.00. They now have a “buy” rating on the stock.
• 10/7/2026 – Zscaler had its price target raised by Stephens from $225.00 to $265.00. They now have an “overweight” rating on the stock.
• 10/7/2026 – Zscaler was given a new $250.00 price target by Rosenblatt Securities.
• 10/7/2026 – Zscaler had its price target raised by Stifel Nicolaus from $200.00 to $235.00. They now have a “buy” rating on the stock.
• 10/7/2026 – Zscaler had its price target raised by Guggenheim from $214.00 to $254.00. They now have a “buy” rating on the stock.
• 10/7/2026 – Zscaler had its price target raised by Wells Fargo & Company from $215.00 to $260.00. They now have an “overweight” rating on the stock.
• 10/7/2026 – Zscaler had its price target raised by TD Cowen from $200.00 to $230.00. They now have a “buy” rating on the stock.
• 10/7/2026 – Zscaler had its price target raised by Barclays from $220.00 to $225.00. They now have an “overweight” rating on the stock.
• 10/7/2026 – Zscaler had its price target raised by Citigroup from $205.00 to $245.00. They now have a “buy” rating on the stock.
• 10/7/2026 – Zscaler was given a new $235.00 price target by Mizuho.
• 10/7/2026 – Zscaler had its price target raised by UBS Group from $225.00 to $250.00. They now have a “buy” rating on the stock.
• 10/7/2026 – Zscaler had its “outperform” rating reaffirmed by BNP Paribas Exane. They now have a $250.00 price target on the stock, up from $230.00.
• 10/7/2026 – Zscaler had its “buy” rating reaffirmed by Truist Financial. They now have a $250.00 price target on the stock, up from $200.00.
• 10/7/2026 – Zscaler had its price target raised by JPMorgan Chase & Co. from $215.00 to $245.00. They now have an “overweight” rating on the stock.
• 10/7/2026 – Zscaler had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $236.00 price target on the stock.
• 10/7/2026 – Zscaler had its price target raised by Wedbush from $215.00 to $240.00. They now have an “outperform” rating on the stock.
• 10/7/2026 – Zscaler had its “neutral” rating reaffirmed by BTIG Research.
• 10/7/2026 – Zscaler had its price target raised by Needham & Company LLC from $215.00 to $255.00. They now have a “buy” rating on the stock.
• 10/7/2026 – Zscaler had its price target raised by Morgan Stanley from $165.00 to $185.00. They now have an “equal weight” rating on the stock.
• 10/7/2026 – Zscaler had its price target raised by Cantor Fitzgerald from $225.00 to $275.00. They now have an “overweight” rating on the stock.
• 10/7/2026 – Zscaler had its price target raised by Robert W. Baird from $230.00 to $285.00. They now have an “outperform” rating on the stock.
• 10/6/2026 – Zscaler is now covered by Yorkville Ives. They set an “outperform” rating and a $250.00 price target on the stock.
• 10/5/2026 – Zscaler had its price target raised by Scotiabank from $200.00 to $240.00. They now have an “outperform” rating on the stock.
• 10/2/2026 – Zscaler was upgraded by Zacks Research from “strong sell” to “hold”.
• 9/29/2026 – Zscaler had its price target raised by Barclays from $200.00 to $220.00. They now have an “overweight” rating on the stock.
• 9/28/2026 – Zscaler had its “outperform” rating reaffirmed by Wedbush. They now have a $215.00 price target on the stock.
• 9/25/2026 – Zscaler had its price target raised by Royal Bank Of Canada from $210.00 to $236.00. They now have an “outperform” rating on the stock.
• 9/25/2026 – Zscaler had its “buy” rating reaffirmed by Guggenheim.
• 9/25/2026 – Zscaler had its price target raised by Mizuho from $210.00 to $220.00. They now have an “outperform” rating on the stock.
• 9/24/2026 – Zscaler was upgraded by Weiss Ratings from “sell (e+)” to “sell (d-)”.
• 9/17/2026 – Zscaler had its price target raised by Sanford C. Bernstein from $224.00 to $298.00. They now have an “outperform” rating on the stock.
• 9/11/2026 – Zscaler is now covered by Wedbush. They set an “outperform” rating and a $215.00 price target on the stock.
• 9/10/2026 – Zscaler was downgraded by Weiss Ratings from “sell (d-)” to “sell (e+)”.
• 9/8/2026 – Zscaler had its price target raised by Citigroup from $175.00 to $205.00. They now have a “buy” rating on the stock.
• 9/5/2026 – Zscaler had its “neutral” rating reaffirmed by Roth Capital. They now have a $170.00 price target on the stock.
• 9/4/2026 – Zscaler had its “outperform” rating reaffirmed by Scotiabank.
• 9/4/2026 – Zscaler had its “buy” rating reaffirmed by Deutsche Bank Aktiengesellschaft.
• 9/4/2026 – Zscaler was given a new $215.00 price target by Stephens.
• 9/4/2026 – Zscaler had its price target raised by Royal Bank Of Canada from $200.00 to $210.00. They now have an “outperform” rating on the stock.
• 9/4/2026 – Zscaler had its price target raised by Scotiabank from $175.00 to $200.00. They now have a “sector outperform” rating on the stock.
• 9/4/2026 – Zscaler had its price target raised by Piper Sandler from $160.00 to $175.00. They now have a “neutral” rating on the stock.
• 9/4/2026 – Zscaler had its price target raised by Morgan Stanley from $145.00 to $165.00. They now have an “equal weight” rating on the stock.
• 9/4/2026 – Zscaler had its price target raised by Barclays from $192.00 to $200.00. They now have an “overweight” rating on the stock.
• 9/4/2026 – Zscaler had its price target raised by Wells Fargo & Company from $210.00 to $215.00. They now have an “overweight” rating on the stock.
• 9/4/2026 – Zscaler had its price target raised by BMO Capital Markets from $178.00 to $200.00. They now have an “outperform” rating on the stock.
• 9/4/2026 – Zscaler had its “buy” rating reaffirmed by Guggenheim. They now have a $214.00 price target on the stock.
• 9/4/2026 – Zscaler had its price target raised by Robert W. Baird from $220.00 to $230.00. They now have an “outperform” rating on the stock.
• 9/4/2026 – Zscaler had its “buy” rating reaffirmed by TD Cowen. They now have a $200.00 price target on the stock.
• 9/4/2026 – Zscaler had its “buy” rating reaffirmed by Canaccord Genuity Group. They now have a $210.00 price target on the stock.
• 9/4/2026 – Zscaler had its price target raised by Stephens from $200.00 to $225.00. They now have an “overweight” rating on the stock.
• 9/4/2026 – Zscaler had its price target raised by Needham & Company LLC from $180.00 to $215.00. They now have a “buy” rating on the stock.
• 9/4/2026 – Zscaler had its “overweight” rating reaffirmed by Cantor Fitzgerald. They now have a $225.00 price target on the stock.
• 9/4/2026 – Zscaler had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $200.00 price target on the stock.
• 9/4/2026 – Zscaler had its “neutral” rating reaffirmed by BTIG Research.
• 9/3/2026 – Zscaler was downgraded by Zacks Research from “hold” to “strong sell”.
• 9/2/2026 – Zscaler had its “buy” rating reaffirmed by Jefferies Financial Group. They now have a $220.00 price target on the stock.

Insider Buying and Selling

In other Zscaler news, insider Adam Geller sold 1,042 shares of the firm’s stock in a transaction that occurred on Monday, October 12th. The stock was sold at an average price of $235.95, for a total value of $245,859.90. Following the sale, the insider owned 38,308 shares of the company’s stock, valued at $9,038,772.60. This trade represents a 2.65% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robert Schlossman sold 5,394 shares of the firm’s stock in a transaction on Monday, September 21st. The stock was sold at an average price of $200.00, for a total transaction of $1,078,800.00. Following the completion of the sale, the insider owned 61,525 shares in the company, valued at approximately $12,305,000. The trade was a 8.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 53,550 shares of company stock valued at $11,182,875 in the last quarter. Company insiders own 17.20% of the company’s stock.

Zscaler, Inc is a cloud-based cybersecurity company that helps organizations secure access to applications, websites, data and other digital resources. Its platform is designed around a zero-trust security model, which verifies users and devices and enforces security policies before granting access, rather than relying primarily on a traditional corporate network perimeter.

The company’s offerings include Zscaler Internet Access, which provides secure access to internet and software-as-a-service applications, and Zscaler Private Access, which enables secure access to private applications without extending an organization’s network to users.