In recent trading, Zscaler Inc. (ZS) shares surpassed the average analyst 12-month target price of $188.70, reaching $191.96 per share. This shift prompts analysts to consider either downgrading their valuation or adjusting their target price, which currently ranges from $135.00 to $225.00 with a standard deviation of $19.657.
Among 33 analysts covering Zscaler, there are 24 “strong buy” ratings, 1 “buy,” and 8 “hold” ratings, with no analysts recommending a sell. The average rating stands at 1.52 on a scale where 1 indicates “strong buy” and 5 indicates “strong sell.” This rating reflects a positive sentiment among analysts while raising questions for investors on whether to hold or capitalize on potential gains.
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