European Investor
18 Sep 2026, 10:02
Zscaler Stock Rises 3.1%, Extends Gains Premarket as Bernstein Raises Target to $298
Zscaler shares closed Thursday at $197.47, up 3.07%, and were trading another 0.67% higher at $198.80 in Friday premarket trading.
The move came as Sanford C. Bernstein raised its price target on Zscaler to $298 from $224 while maintaining an Outperform rating. The new target implies roughly 51% upside from Thursday’s closing price.
Broader probable reasons behind the positive sentiment include continued strength in cybersecurity spending, growing adoption of zero-trust security architectures, and rising enterprise demand for secure access across cloud and AI-driven environments.
Zscaler is also positioned to benefit from companies consolidating security tools onto fewer platforms, particularly as organizations look to protect cloud applications, remote users and machine identities.
The sharp target increase from Bernstein adds to that constructive backdrop, while Friday’s premarket gain suggests positive momentum has carried over into the next session.
Zscaler shares closed Thursday at $197.47, up 3.07%, and were trading another 0.67% higher at $198.80 in Friday premarket trading.
The move came as Sanford C. Bernstein raised its price target on Zscaler to $298 from $224 while maintaining an Outperform rating. The new target implies roughly 51% upside from Thursday’s closing price.
Broader probable reasons behind the positive sentiment include continued strength in cybersecurity spending, growing adoption of zero-trust security architectures, and rising enterprise demand for secure access across cloud and AI-driven environments.
Zscaler is also positioned to benefit from companies consolidating security tools onto fewer platforms, particularly as organizations look to protect cloud applications, remote users and machine identities.
The sharp target increase from Bernstein adds to that constructive backdrop, while Friday’s premarket gain suggests positive momentum has carried over into the next session.
