Needham Rates Zscaler (ZS) buy, $180 Price Target
Needham analyst Mike Cikos reaffirms a Buy rating on Zscaler, Inc. with a price target of $180 on June 10, 2026, a 38.97% upside from the current price.
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Needham rated Zscaler, Inc. ($ZS) "buy" with a $180 price target on June 10, 2026.
Since the rating, $ZS is down 0.3% after 1 week, up 11.7% after 1 month and up 66.3% to date (from the $124.73 close on Jun 10, 2026).
ZS
Zscaler, Inc.
Key Points
- Needham's Mike Cikos reiterated a Buy rating on Zscaler, Inc. with a target of $180, with shares currently at $129.52. Zscaler recently reported revenue of $3.35 billion, but remains unprofitable with an EPS of -$0.39. The stock has a high price target from analysts of $305, showing strong support from the analyst community.
- Needham's $180 price target implies 38.97% upside from Zscaler, Inc.'s ($ZS) current $129.52 share price.
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Analysts Set New Price Targets
On June 10, 2026, Needham analyst Mike Cikos reiterated a Buy rating on Zscaler, Inc. (ZS) with a price target of $180. The stock is currently trading at $129.52, reflecting the company's performance in the cloud security market.
Recent Analyst Support
Cikos's reiteration adds to a string of positive recommendations for Zscaler. Other firms have also maintained Buy ratings, including Citigroup, which recently raised its target to $260, and Amerx, which initiated coverage with a target of $305. This support from multiple analysts indicates strong confidence in Zscaler's growth potential.
How Zscaler, Inc. Stock Has Traded
Zscaler's shares have seen considerable volatility, trading well below its 52-week high of $336.99. At the current price, Zscaler is around 14% above its 52-week low of $114.62. The stock's performance is pivotal as Zscaler develops solutions in a competitive cybersecurity landscape.
$ZS price target
Zscaler, Inc. daily closes and this analyst's $180 target. Not advice.
What Zscaler, Inc. Does
Zscaler, Inc. is a cloud security company that offers a variety of solutions to safeguard businesses from cyber threats. Its services are crucial as more companies transition to cloud-based operations and face increasing security challenges.
What’s Next for Zscaler
Investors should watch for Zscaler's next earnings report scheduled for November 24, 2026. The 13F filing also serves as a reminder that analyst ratings are based on past performance and may not reflect current positions.
Related Filing Alerts
Source: Needham's rating change on $ZS (Jun 10, 2026). Written by software, not financial advice. How we make alerts