Zscaler shares tumble as lower free cash flow outlook overshadows upbeat Q3 result
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Zscaler (ZS) PT Lowered to $230 at Freedom Broker
May 27, 2026 10:36 AM EDTFreedom Broker analyst Almas Almaganbetov lowered the price target on Zscaler (NASDAQ: ZS) to $230.00 (from $270.00) while maintaining a Buy rating.
The analyst comments "Zscaler (ZS) reported strong FQ326 results, beating management guidance, our expectations, and consensus estimates. The strong performance was driven by broadbased demand across multiple vectors, including AI Protect, Data Security, Zero Trust Branch, the cloud marketplace, and large upsell deals.... More
Zscaler (ZS) PT Lowered to $175 at FBN Securities
May 27, 2026 9:21 AM EDTFBN Securities analyst Shelby Seyrafi lowered the price target on Zscaler (NASDAQ: ZS) to $175.00 (from $200.00) while maintaining a Outperform rating.
The analyst comments "Retain Outperform. We retain our Outperform rating on ZS and lower our PT from $200 to $175 due to some of the... More
Zscaler (ZS) PT Lowered to $205 at JPMorgan
May 27, 2026 6:49 AM EDTJPMorgan analyst Brian Essex lowered the price target on Zscaler (NASDAQ: ZS) to $205.00 (from $250.00) while maintaining a Overweight rating.
The analyst comments "Zscaler delivered solid 3Q results with strong Z-Flex momentum, but implied Q4 and early FY27 outlooks disappointed. ZS saw strong growth driven by Z- Flex momentum, sustained Zero Trust Everywhere expansion, public sector strength, and a rapidly scaling AI security portfolio. The stock traded lower after hours as the increase to FY26 guidance was less than the magnitude of the 3Q beat, and the (very) early... More

