### Zscaler Stock Price Target Raised by Multiple Analysts Amid Strong Performance In recent days, several financial institutions have raised their price targets for Zscaler, a leading cloud security company, reflecting growing confidence in its business prospects. Analysts cite strong quarterly results, customer enthusiasm, and advancements in AI security as key factors driving these optimistic revisions. Notably, Scotiabank has set a new target of $360, while Deutsche Bank has also increased its target based on positive customer feedback. This trend indicates a robust outlook for Zscaler as it continues to capitalize on the increasing demand for cybersecurity solutions. ### Breakdown of Analyst Actions and Market Sentiment 1. **Price Target Increases**: - Scotiabank: Target raised to **$360** [https://in.investing.com/news/analyst-ratings/scotiabank-raises-zscaler-stock-price-target-to-360-93CH-4866520]. - Deutsche Bank: Target raised due to **customer enthusiasm** [https://uk.investing.com/news/analyst-ratings/deutsche-bank-raises-zscaler-stock-price-target-on-customer-enthusiasm-93CH-4122850]. - Mizuho: Target raised to **$290** focusing on **AI security** [https://au.investing.com/news/analyst-ratings/mizuho-raises-zscaler-stock-price-target-to-290-on-ai-security-focus-93CH-3875803]. - RBC Capital: Target raised on **growth prospects** [https://uk.investing.com/news/analyst-ratings/rbc-capital-raises-zscaler-stock-price-target-on-growth-prospects-93CH-4119710]. - Other notable increases include targets from BTIG ($329), Susquehanna ($320), and Needham ($310) [https://uk.investing.com/news/analyst-ratings/btig-analysts-raise-zscaler-stock-price-target-to-329-on-growth-outlook-93CH-4119067, https://in.investing.com/news/analyst-ratings/susquehanna-maintains-positive-rating-and-320-target-for-zscaler-stock-93CH-4862431, https://www.investing.com/news/analyst-ratings/needham-raises-zscaler-stock-target-to-310-maintains-buy-rating-93CH-4072640]. 2. **Market Performance**: - Zscaler's stock surged **5.1%** following its Q1 2025 results, which exceeded expectations [https://www.indexbox.io/blog/zscaler-shares-surge-following-strong-q1-2025-results]. - The company reported a **22.6% revenue increase** to $678 million, with a profit of $0.84 per share [https://www.indexbox.io/blog/zscalers-impressive-q1-cy2025-performance-surpasses-expectations]. 3. **Strategic Developments**: - Zscaler's focus on **AI advancements** and strategic acquisitions has been highlighted as a key driver of its growth [https://in.investing.com/news/analyst-ratings/needham-raises-zscaler-stock-price-target-on-ai-advancements-93CH-4862377]. - The appointment of a new CFO and optimistic revenue guidance for the upcoming quarters further bolster investor confidence [https://simplywall.st/stocks/us/software/nasdaq-zs/zscaler/news/zscaler-nasdaqgszs-reports-sales-growth-appoints-new-cfo-upd]. ### Summary of Findings and Future Outlook **Key Conclusions**: 1. **Analyst Optimism**: Multiple analysts have raised their price targets for Zscaler, reflecting a consensus on the company's strong growth potential and market position. 2. **Strong Financial Performance**: Zscaler's recent quarterly results have significantly outperformed expectations, contributing to a positive market reaction. 3. **Strategic Focus on AI**: The company's emphasis on AI and cybersecurity solutions is expected to drive future growth, aligning with market trends. **Next Steps**: - Investors should monitor Zscaler's performance closely, particularly in light of its strategic initiatives and market conditions. The raised price targets suggest a bullish outlook, but ongoing evaluation of the company's execution and market dynamics will be crucial for informed investment decisions. For further details, please refer to the respective articles linked throughout this summary.