Canaccord analyst Kingsley Crane raised the firm’s price target on Zscaler (ZS) to $305 from $230 and keeps a Buy rating on the shares. The firm said Zscaler delivered a strong quarter with FQ3’25 results ahead of consensus expectations across the board. They noted they also announced the acquisition of Red Canary, which on the surface seems to represent a meaningful move into the managed detection and response (MDR) space and also has the potential to accelerate the agentic roadmap as it is to bolster its SOC strategy.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ZS:
- Zscaler Stock Surges Amid Analyst Upgrades
- Zscaler’s Financial Flexibility at Risk Amid Looming $1.15 Billion Debt Maturity
- Zscaler Stock (ZS) Zooms 8% Higher as Analysts Hike Price Targets
- Zscaler price target raised to $310 from $240 at Needham
- Zscaler price target raised to $300 from $260 at Truist
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue