DA Davidson began covering Zscaler with a Neutral rating, according to the latest headline.
The October 21 headline says DA Davidson initiated coverage of Zscaler Inc. with a Neutral rating. It gives no explanation for the rating or firm-specific price target. Zscaler’s latest supplied close was US$225.13, and trading volume was well below its 20-day average.
Investor takeaway: The Neutral rating is a new coverage event, but the available information doesn’t explain the firm’s view or provide its price target.
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Zscaler Inc
ZS.US
ZS.US
Zscaler Inc
WealthAwesomeMarket cap
$34.98B
52W high
$336.99
52W low
$114.63
1W change
-6.19%
Beta
0.94
Analyst Price Targets
Based on 46 analysts covering ZS · as of Oct 19, 2026
Wall Street analysts forecast ZS stock price to rise 9.0% over the next 12 months.
Consensus
Buy4.41 / 5.00
Avg. Target
C$233.72
+9.0% Upside
Previously C$233.38 on Oct 12, 2026
Current Price
C$214.51
Last close
Analyst Breakdown (46 analysts)
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on ZS's historical volatility
30-Day Vol
68.8%
Annualized
90-Day Vol
59.0%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$256.45
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$227.67 | C$179.56 – C$288.66 |
| 60 trading days | C$241.63 | C$172.72 – C$338.02 |
| 90 trading days | C$256.45 | C$170.00 – C$386.87 |
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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363,700 shares traded
Zscaler traded 363,700 shares, or 0.46 times its 20-day average volume of 2,890,044 shares.
Bull case
Zscaler shares rose 8.72% over the past month. The supplied analyst data shows an average price target of US$233.72.
Bear case
Shares fell 6.19% over the past week. The supplied company figures show a -1.9% profit margin and TTM EPS of -US$0.39.
DA Davidson starts coverage with a Neutral rating
The October 21 headline reports that DA Davidson began covering Zscaler with a Neutral rating. It’s the only supplied catalyst. The headline includes no rationale, analyst commentary, or DA Davidson price target, so it doesn’t show what informed the firm’s view. Other listed headlines cover separate topics and add no details about this initiation.
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Shares closed at US$225.13 on below-average volume
Zscaler’s latest supplied closing price was US$225.13. Shares gained 0.93% over one day and 8.72% over one month, but fell 6.19% over one week and 2.75% year to date. Volume was 363,700 shares, or 0.46 times the 20-day average of 2,890,044. The figures don’t show that the rating announcement caused the share-price moves.
Zscaler’s market capitalization was about US$34.98 billion. Its reported profit margin was -1.9%, and TTM EPS was -US$0.39. See more company figures on the Zscaler stock page.
The firm’s rationale and any target remain unspecified
The main unanswered question is why DA Davidson assigned a Neutral rating. The headline provides no explanation or firm-specific target. Separately, the supplied average analyst target is US$233.72, 3.8% above the latest close. That’s an average across analysts, not a DA Davidson target. Investors can look for more details about the initiation and compare them with broader analyst-consensus data on the analyst ratings page.
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