Zscaler reaffirmed its fiscal 2027 guidance, easing concerns about leadership changes, but Jefferies views its $10 billion annual recurring revenue (ARR) target for 2031 as ambitious. The cybersecurity firm aims for over $8 billion ARR by 2031, implying 17% annual growth, with an upside scenario of $10 billion ARR driven partly by AI. Jefferies raised its price target to $250 but cautions that reaching $10 billion ARR requires significant growth acceleration and strong traction in security operations and AI security, facing competition from CrowdStrike. Near-term growth outlook for 2027 ARR could exceed expectations by 2-3 percentage points.
Zscaler shares trade at USD 212.98 on Pluang as of Oct 08, 2026 01:21 WIB, showing a modest 0.34% gain for the day. The stock holds a market cap of $34.61 billion and an enterprise value of $32.99 billion, with a strong buy sentiment at 73% of Pluang order activity. This trading context highlights investor interest despite Jefferies' caution on the ambitious $10 billion ARR target for 2031.
Needham raised Zscaler's price target to $255, citing strong demand for AI-related cybersecurity solutions. Zscaler aims to exceed $8 billion in annual recurring revenue by fiscal 2031, driven by increasing needs to protect against AI-powered cyberat...
Eight Wall Street firms raised their price targets for Zscaler following the company's $10 billion Annual Recurring Revenue (ARR) goal announcement, with targets now implying a 29% upside from current prices. While most analysts maintain Buy or Overw...
Zscaler reported a 25% year-over-year revenue increase, surpassing guidance and nearing GAAP profitability with a strong cash position. Management expects 17.5%–19% revenue growth and aims for $10 billion in annual recurring revenue by fiscal 2031, s...
CrowdStrike, in partnership with Amazon Web Services and NVIDIA, launched its fourth annual Cybersecurity Startup Accelerator targeting early-stage companies developing AI agent protection. This initiative boosted CrowdStrike shares by 3%, with Palo ...
Zscaler's stock climbed 3% following its Investor Day in New York City, where the company reaffirmed its financial guidance for the current quarter and full fiscal year. The event emphasized the growing importance of agentic AI in cybersecurity, with...
