Rating Change
DA Davidson analysts initiated coverage on Zscaler, Inc. (NASDAQ:ZS) with a rating of Neutral on October 21, 2026.
new coverageNASDAQ:ZS
DA Davidson Initiates Coverage on Zscaler, Inc. (ZS) with Neutral
DA Davidson analysts initiated coverage on Zscaler, Inc. (NASDAQ:ZS) with a rating of Neutral on October 21, 2026.
At publication ·
What changed
Zscaler, Inc. (NASDAQ:ZS) · new coverage
- Firm
- DA Davidson
- Rating
- Neutral
- Price at event
- $231.33
- Market capitalization
- $37.7B
At a glance
Key takeaways
- DA Davidson initiated Neutral coverage on Zscaler (ZS) on October 21, 2026, as the stock trades at $231.33 with a $37.7B market cap.
- Zscaler stock has declined 30.9% over the past 52 weeks, underperforming despite recent analyst activity.
Market Context
Zscaler, Inc. operates in the Technology sector. The stock currently trades at $231.33 with a market capitalization of $37.7B. The stock has declined 30.9% over the past 52 weeks.
Analyst coverage from DA Davidson provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Zscaler, Inc.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Zscaler, Inc.
Among the 10 most recent ratings: 7 Buy, 3 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Oct 21, 2026 | DA Davidson | Neutral | N/A |
| Oct 15, 2026 | Citigroup | Buy | N/A |
| Oct 09, 2026 | Citizens | Market Outperform | N/A |
| Oct 08, 2026 | Amerx | Buy | N/A |
| Oct 07, 2026 | RBC Capital | Outperform | N/A |
Related Tools: Analyst Ratings Dashboard | View ZS Stock Page
Frequently Asked Questions
What does the Neutral rating mean for ZS?
A rating of Neutral from DA Davidson reflects the analyst's outlook on Zscaler, Inc. (NASDAQ:ZS). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the ZS forecast page.