Zscaler Stock: Where Is It Headed After The Strong Rally?

According to Benzinga's proprietary "Adhishthana Principles" cyclical analysis, Zscaler (ZS) is currently in Phase 10 of its weekly cycle, having already rallied 33%, and Phase 2 of its monthly cycle, suggesting further potential upside. The analysis forecasts a potential peak formation between September 2nd and October 12th, 2025, but notes concerns including weaker profitability metrics and a failure to deliver a "supreme move" in Phase 9, advising investors to monitor the stock closely during the specified period to calibrate portfolio decisions.

Analysis

Zscaler (ZS) is currently in the 10th Phase of its 18-Phase weekly Adhishthana Cycle, a proprietary cyclical analysis framework, and has rallied approximately 33% since entering this phase, demonstrating a 66.66% alignment with the Adhishthana Principles. Historically, ZS exhibited significant cyclical patterns, including a 225% 'Rally of Buddhi' in Phase 2 after 37 bars of consolidation, an 'Illusory Rally' in Phase 4 from $191.14 to $376.11, and a subsequent 'Renunciation' in Phase 5 where it broke the Phase 4 low of $125.12. Phase 6 established a 'Level of Nirvana' at $146.93, acting as a key valuation barometer. The current Phase 10 is interpreted as the beginning of an ascent towards an 'Adhishthana Himalayan Formation,' with a potential peak formation anticipated between September 2nd and October 12th, 2025. On a monthly timeframe, ZS is in Phase 2, which commenced after 38 bars of consolidation and is also exhibiting a 'Rally of Buddhi,' with this phase scheduled to end on January 31, 2028; this suggests a potential for the stock to peak in Phase 11 if the current weekly rally extends. However, cautionary factors include ZS's failure to deliver a 'supreme move' in weekly Phase 9, a comparatively lower weekly alignment percentage, and weaker fundamental profitability metrics relative to its peers.

Key Decisions for Investors

• Given the current cyclical positioning and observed rally, Zscaler may be considered a strong hold, aligning with the article's direct takeaway.
• Investors should closely monitor Zscaler's price action between September 2nd and October 12th, 2025, for signs of a potential peak formation as predicted by the Adhishthana Cycle's 10th Phase.
• Portfolio decisions should be calibrated based on whether the stock forms a peak during the specified 2025 window or if the rally extends, potentially into Phase 11, while also considering the noted concerns regarding fundamental profitability and deviations from ideal Adhishthana Principle alignments.