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Last update: Aug 13, 2026, 3:02 PM ET
Zscaler, Inc.
$187.60 5.80% today
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Why Zscaler, Inc. (ZS) stock moved

Updated Aug 13, 2026

Zscaler, Inc. (ZS) shares climbed 5.8% to $187.60 as of August 13, 2026, a significant gain from the prior close of $177.32. BestStocks flagged the session as a major change for ZS. Below, we break down what changed for ZS, why it matters for investors, how the stock reacted, and the catalysts on the calendar.

What happened

ZS climbed 5.8% to $187.60

Zscaler rose 4.74% on August 10, 2026, closing at $176.68 from a prior close of $168.68, with no company-specific catalyst identified for the session. The advance came alongside a broad rebound across cybersecurity and software-infrastructure names — Palo Alto Networks gained 5.82%, CrowdStrike 5.01%, Rubrik 8.70%, MongoDB 4.48%, SentinelOne 3.88%, Cloudflare 3.44% and Fortinet 2.86% — and Zscaler's move actually trailed both Palo Alto Networks and CrowdStrike. Volume of 3.41 million shares came in below its recent average of roughly 4.46 million, which is consistent with a sector-driven move rather than a high-conviction reaction to company news.

ValuationLow confidence
Rel. volume
0.4×
Below Avg
Vs peers
No comparable peers
Market cap
$30.3B
NASDAQ Global Select
Analyst target
$191
+1.7% vs price
Price chart
Jul 13 – Aug 13
VVEVVEEEEVVEE$139$164$188Jul 13Jul 21Jul 29Aug 5Aug 13
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details

What it means for Zscaler, Inc. investors

For Zscaler, Inc. investors, the recent signals are mixed, leaving the near-term picture neutral / mixed. On the constructive side: Material positive event; Strong 5.8% price move on light volume. Weighing against that: Zscaler, Inc. (ZS) moved -4.34% from $148.72 to $142.26 on 2026-07-22; Zscaler, Inc. (ZS) moved -2.56% from $152.09 to $148.19 on 2026-07-15. Wall Street's consensus price target sits at $190.76, implying +1.7% upside from $187.60. Over the past 90 days analysts logged 2 upgrades and 1 downgrade. BestStocks rates the overall signal quality low (53/100). With earnings roughly 20 days out, the next report is the most likely near-term test of the move.

ZS price reaction

ZS last traded at $187.60, up $10.28 (+5.80%) from the previous close of $177.32. The session traded on 0.4× average volume (below avg), so participation was unremarkable. Over the past month the stock has ranged between $139.70 and $187.60, and it currently sits about 100% of the way up that band.

Bullish and bearish analyst opinions on Zscaler, Inc. (ZS)

Latest catalyststrengthens the bull case
The latest catalyst — a materially positive development — it strengthens the bull case and confirms the prevailing bullish analyst lean.

The consensus analyst price target on Zscaler, Inc. (ZS) is $190.76, 1.7% above the recent $187.60. Over the past 90 days analysts logged 2 upgrades, 39 maintains, and 1 downgrade. Here is how the bullish and bearish cases on ZS line up.

The bullish case

  • Wall Street's consensus price target of $190.76 implies +1.7% upside from $187.60.
  • The Street's most bullish target is $230.00 (+22.6%).
  • 2 analyst upgrades in the past 90 days, most recently Guggenheim to Buy (2026-06-01).
  • Material positive event.
  • Strong 5.8% price move on light volume.

The bearish case

  • The most bearish analyst target is $145.00 (-22.7%).
  • 1 analyst downgrade in the past 90 days, most recently Evercore ISI Group to In Line (2026-05-27).
  • Zscaler, Inc. (ZS) moved -4.34% from $148.72 to $142.26 on 2026-07-22.
Bull vs bear balanceNeutral / Mixed
BearishNeutralBullish

Weighing both sides, BestStocks' composite read of recent signals is roughly balanced, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.

Analyst price targets and ratings are FMP consensus figures as of Aug 13, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.

Analyst expectations
Consensus target: $191+1.7%
2 upgrades= 39 maintains1 downgrades
Keybanc maintained Overweight · 2026-07-16
SEC filings watch
8-K2026-05-26
Material event — review for impact
high
10-Q2026-05-26
Quarterly financial results
medium
8-K2026-04-16
Material event — review for impact
high
Peer context
ZS+5.8%

Previous notable changes for ZS

Material / Earnings2026-08-11+1.1%
Zscaler, Inc. (ZS) moved +1.85% from $175.31 to $178.55 on 2026-08-11, reaching a new 30-day high. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume remained near its 5-day average.
Valuation2026-08-10+4.7%via MarketWatch
Zscaler gained 4.91% to $176.97, driven by institutional positioning ahead of upcoming fiscal Q4 2026 earnings and recent stake adjustments by Bank of America and Assenagon Asset Management. The web catalyst notes that the move follows disclosures of these institutional filings and anticipation for the earnings call, with market discussions focusing on the stock's discounted valuation as a potential value opportunity. Volume stands at 1.05x the historical average, indicating normal participation for this point in the session.
Material / Earnings2026-08-07+3.7%
Zscaler, Inc. (ZS) moved +0.40% from $168.00 to $168.68 on 2026-08-07. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The move coincides with ZS reaching a new 30-day high.
Material / Earnings2026-08-06+0.6%
ZS moved +4.40% from its $155.75 open to a $162.60 close on 2026-08-06.

In-depth ZS event analyses

Permanent, dated analyses of ZS's most significant sessions.
Upcoming catalysts & outlook
Next earnings
2026-09-02 (est.)
in 20 days
Earnings Release
2026-09-02
High impact
Thesis shift
Neutral / Mixed
bullish signal
Risk level
High
from change events

Frequently asked questions about ZS

Why did Zscaler, Inc. (ZS) stock move?

Zscaler rose 4.74% on August 10, 2026, closing at $176.68 from a prior close of $168.68, with no company-specific catalyst identified for the session. The advance came alongside a broad rebound across cybersecurity and software-infrastructure names — Palo Alto Networks gained 5.82%, CrowdStrike 5.01%, Rubrik 8.70%, MongoDB 4.48%, SentinelOne 3.88%, Cloudflare 3.44% and Fortinet 2.86% — and Zscaler's move actually trailed both Palo Alto Networks and CrowdStrike. Volume of 3.41 million shares came in below its recent average of roughly 4.46 million, which is consistent with a sector-driven move rather than a high-conviction reaction to company news.

How much did ZS stock rise?

ZS gained 5.80% ($10.28) versus the prior close of $177.32, last trading at $187.60 on 0.4× average volume.

When is Zscaler, Inc.'s next earnings date?

ZS's next earnings report is estimated for 2026-09-02 — about 20 days away.

What is the analyst price target for ZS?

The consensus analyst price target for ZS is $190.76, about 1.7% above the current $187.60. Over the past 90 days, analysts recorded 2 upgrades, 39 maintains, and 1 downgrade.

How BestStocks tracks ZS

This page is generated automatically by BestStocks' change-detection system after its price and volume cleared ZS-specific materiality thresholds, triggering an evidence check. It draws on 20 tracked change events for ZS, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of August 13, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.

Data sources
FMP real-time & historical price dataSEC EDGAR filingsFMP earnings & estimatesAnalyst ratings & price targets (FMP)Earnings calendar (FMP)
Educational research tool — not personalized investment advice. Data may be delayed.