October 7, 2026
Analyst Bio:
Rosenblatt Securities raised its price target on Zscaler Inc. (NASDAQ:ZS) to $250 from $200 while reiterating a Buy rating on the cybersecurity company’s shares. The stock currently trades at $212.25, up nearly 50% over the past six months.
The firm increased its price target following Zscaler’s investor day, where management outlined a path to more than $8 billion in annual recurring revenue by fiscal year 2031. This target represents more than double the approximately $3.8 billion in ARR the company reported at the end of fiscal year 2026.
