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Why Zscaler stock is rising today

By Wealth Awesome -

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Stocks & ETFs:ZS.US

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Zscaler's stock is gaining momentum following a significant collaboration announcement.

Zscaler Inc (NASDAQ:ZS) is seeing a notable rise in its stock price, currently up by 3.40% to close at CA$203.28. This increase follows a strategic collaboration with IBM and Red Hat aimed at enhancing cybersecurity for private applications.

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Zscaler Inc

ZS.US

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ZS.US

Zscaler Inc

Source:WealthAwesomeWealthAwesome
↑ $74.40 (59.82%)
74 day period
$123.80$169.22$214.64Jun 17Aug 11Oct 1

Market cap

$32.41B

52W high

$336.99

52W low

$114.63

1W change

-7.39%

Beta

0.95

Analyst Price Targets

Based on 46 analysts covering ZS · as of Sep 30, 2026

📈

Wall Street analysts forecast ZS stock price to rise 5.7% over the next 12 months.

Consensus

Buy

4.17 / 5.00

Avg. Target

C$210.13

+5.7% Upside

Previously C$209.68 on Sep 28, 2026

Current Price

C$198.78

Last close

Analyst Breakdown (46 analysts)

Strong Buy 24
Buy 9
Hold 11
Sell 1
Strong Sell 1
Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on ZS's historical volatility

HistoricalForecast68%95%
C$92.52C$195.98C$299.45C$402.91C$506.37C$609.83TodayJun 17Aug 11Oct 1Nov 13Dec 27Feb 8

30-Day Vol

76.4%

Annualized

90-Day Vol

60.3%

Annualized

Trend (90d)

+50.0%

Annualized drift

90d Mean

C$237.64

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$210.97C$162.10 – C$274.58
60 trading daysC$223.91C$154.25 – C$325.03
90 trading daysC$237.64C$150.56 – C$375.10

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

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Investor takeaway: Investors are responding positively to Zscaler's proactive approach to cybersecurity, especially in light of emerging AI threats, which could strengthen the company's long-term growth prospects.

Zscaler's stock rises 3.40% amid strategic collaboration news.

The collaboration is expected to enhance Zscaler's offerings and may lead to increased demand for its cybersecurity solutions, particularly as AI-driven threats escalate.

Bull case

The partnership with IBM and Red Hat positions Zscaler to deliver advanced security solutions, which could help increase its market share and boost recurring revenue from subscription services.

Bear case

Despite today's gains, Zscaler's stock is still below its fair value after a significant decline over the past year, raising concerns about the sustainability of its recent performance.

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Strategic Collaboration with IBM and Red Hat

Zscaler's recent partnership with IBM and Red Hat aims to strengthen security for private applications, addressing vulnerabilities that cyber attackers can exploit. This collaboration combines Zscaler's Autonomous Application Shield with IBM's Lightwell technology, offering organizations immediate protection while they work on patching vulnerabilities.

Market Response and Future Outlook

The stock's rise reflects investor optimism about Zscaler's ability to capture a larger share of the cybersecurity market, especially as AI-generated threats become more common. Analysts are closely watching how this collaboration could lead to increased revenue and market presence for Zscaler in the coming quarters.


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Wealth Awesome
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Wealth Awesome

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Published: October 5, 2026
Last Updated: October 5, 2026

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