Zscaler (ZS) PT Lowered to $205 at JPMorgan

Zscaler (ZS) PT Lowered to $230 at Freedom Broker

Freedom 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

FBN 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 $200 at Stephens

(Updated - May 27, 2026 6:54 AM EDT)

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

The analyst commented: "We thought Zscalers F3Q26 results were solid overall, but... More

Zscaler (ZS) PT Lowered to $179 at Goldman Sachs

Goldman Sachs analyst Gabriela Borges lowered the price target on Zscaler (NASDAQ: ZS) to $179.00 (from $257.00) while maintaining a Neutral rating.

The analyst comments "We believe Zscaler's outlook reects an ongoing maturity in its business and the SASE cycle, with contributions from AI yet... More

Zscaler (ZS) Reiterated at Market Outperform by Citizens

Citizens analyst Trevor Walsh reiterated a Market Outperform rating and $210.00 price target on Zscaler (NASDAQ: ZS).

The analyst commented, "We reiterate our Market Outperform rating on Zscaler, Inc. (ZS) and $210 price target, after the company reported F3Q26 results largely ahead of consensus, but... More

Zscaler (ZS) PT Lowered to $175 at Stifel

Stifel analyst Adam Borg lowered the price target on Zscaler (NASDAQ: ZS) to $175.00 (from $180.00) while maintaining a Buy rating.

The analyst comments "Read-thru: Given the moving parts, coupled with strong moves across a number of cyber players QTD, we would not... More

Zscaler (ZS) PT Lowered to $180 at TD Cowen

TD Cowen analyst Shaul Eyal lowered the price target on Zscaler (NASDAQ: ZS) to $180.00 (from $220.00) while maintaining a Buy rating.

The analyst comments "We are lowering our target on ZS to $180 from $220 following healthy 3Q26 results tempered by indications of growth deceleration in FY27. Our... More

Zscaler (ZS) PT Lowered to $200 at Truist Securities

Truist Securities analyst Junaid Siddiqui lowered the price target on Zscaler (NASDAQ: ZS) to $200.00 (from $250.00) while maintaining a Buy rating.

The analyst comments "ZS delivered a solid 3Q26 beat across revenue, ARR, and profitability, supported by large-deal momentum and platform expansion. However, shares declined ~20%... More

Zscaler (ZS) PT Lowered to $200 at RBC Capital

RBC Capital analyst Matthew Hedberg lowered the price target on Zscaler (NASDAQ: ZS) to $200.00 (from $205.00) while maintaining a Outperform rating.

The analyst comments "Zscaler reported a solid Q3 with organic ARR growth consistent q/q. That said, the company maintained FY organic ARR guidance despite... More

Zscaler (ZS) PT Lowered to $185 at Mizuho

Mizuho analyst Gregg Moskowitz lowered the price target on Zscaler (NASDAQ: ZS) to $185.00 (from $210.00) while maintaining a Outperform rating.

The analyst comments "ZS executed generally well this quarter, as F3Q ARR growth of 25% Y/Y modestly exceeded the Street's 24.5% estimate.... More

Evercore ISI Downgrades Zscaler (ZS) to In Line

Evercore ISI analyst Peter Levine downgraded Zscaler (NASDAQ: ZS) from Outperform to In Line with a price target of $155.00 (from $225.00).

The analyst comments: To In Line ZS delivered a solid F3Q, but most of the positive data points from the quarter were overshadowed by a more cautious outlook and disappointing initial FY27 guide following the departure of two senior sales leaders and mgmts acknowledgment of net new logo softness, which contributed to a more cautious tone overall. Mgmt guided both FY27 ARR and rev growth to ~16-17% y/y (vs. consensus of +18.6%... More

Zscaler (ZS) PT Lowered to $170 at Barclays

Barclays analyst Peter Weed lowered the price target on Zscaler (NASDAQ: ZS) to $170.00 (from $180.00) while maintaining a Overweight rating.... More

Zscaler (ZS) PT Lowered to $145 at Morgan Stanley

Morgan Stanley analyst Meta Marshall lowered the price target on Zscaler (NASDAQ: ZS) to $145.00 (from $155.00) while maintaining a Equalweight rating.

The analyst comments: We had downgraded ZS in April, as coming out of RSA and in early CQ1 checks, we were picking up on more... More

Zscaler shares tumble as lower free cash flow outlook overshadows upbeat Q3 result

Investing.com -- Zscaler reported stronger-than-expected third-quarter fiscal 2026 results on Tuesday, driven by continued demand for its AI-focused cybersecurity offerings and Zero Trust platform, while slashing its annual free cash flow expectations.

Shares in the company dived nearly 17% in extended hours of trading on Tuesday.

The company said it is slashing its full year free cash flow margin of approximately 22.8 to 23.3%, down from our prior expectation of 26.5 to 27%,... More

After-hours movers: ZS, APPS, SMTC, BOX, PODD, VRRM, FLY

After-hours movers:

Zscaler (NASDAQ: ZS) | -16%

Despite beating Q3 expectations and providing strong full-year guidance, the stock tumbled due to light revenue projections for the upcoming fourth quarter. While full-year revenue is expected to edge past consensus at $3.33 billion, the Q4 revenue guidance of $875 million to $878 million fell just short of the $879.1 million analyst estimate.

Digital Turbine (NASDAQ: APPS) | +15%

Shares surged after the company posted an impressive Q4... More

Zscaler (ZS) Tops Q3 EPS by 7c, Beats on Revenue; Offers Guidance

(Updated - May 26, 2026 4:08 PM EDT)

Zscaler (NASDAQ: ZS) reported Q3 EPS of $1.08, $0.07 better than the analyst estimate of $1.01. Revenue for the quarter came in at $850.48 million versus the consensus estimate of $835.55 million.

The company sees FY 26 non-GAAP EPS of $4.1-$4.11 vs analyst... More

Zscaler earnings preview: Moderate beat expected, but guidance in focus

Zscaler (NASDAQ: ZS) reports fiscal third-quarter 2026 earnings after the close on Tuesday, with analysts broadly expecting a modest beat on current-quarter metrics while flagging fiscal year 2027 annual recurring revenue guidance as the critical variable for the stock.

In a note previewing the report, Baird analyst Shrenik Kothari said the setup into the print represents "a low... More

Zscaler (ZS) call put ratio 1.5 calls to 1 put into quarter results

Zscaler (NASDAQ: ZS) May 29 weekly 182.50 straddle priced for a move of 14%. Call put ratio 1.5 calls to 1 put into the expected release of quarter results today after the bell.