Zscaler, Inc. (NASDAQ:ZS) Receives $267.86 Consensus Price Target from Brokerages
by Scott Moore · The Cerbat GemZscaler, Inc. (NASDAQ:ZS – Get Free Report) has earned an average recommendation of “Moderate Buy” from the forty-two ratings firms that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, eight have given a hold rating, thirty-one have issued a buy rating and two have given a strong buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $265.4324.
Several equities analysts have commented on ZS shares. Cantor Fitzgerald lowered their target price on shares of Zscaler from $365.00 to $300.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 24th. Truist Financial reduced their price target on shares of Zscaler from $350.00 to $250.00 and set a “buy” rating for the company in a research note on Tuesday, February 17th. Royal Bank Of Canada decreased their price objective on shares of Zscaler from $250.00 to $205.00 and set an “outperform” rating for the company in a report on Friday, February 27th. Wells Fargo & Company assumed coverage on Zscaler in a report on Tuesday, March 3rd. They set an “overweight” rating and a $200.00 target price on the stock. Finally, Needham & Company LLC cut their target price on Zscaler from $310.00 to $180.00 and set a “buy” rating for the company in a research report on Friday, February 27th.
Check Out Our Latest Stock Analysis on ZS
Insiders Place Their Bets
In other Zscaler news, CFO Kevin Rubin sold 1,682 shares of the company’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $156.59, for a total value of $263,384.38. Following the completion of the sale, the chief financial officer directly owned 46,479 shares of the company’s stock, valued at approximately $7,278,146.61. This represents a 3.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Adam Geller sold 2,094 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $153.53, for a total transaction of $321,491.82. Following the transaction, the insider owned 46,949 shares of the company’s stock, valued at approximately $7,208,079.97. This trade represents a 4.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 12,130 shares of company stock valued at $1,892,487. 17.20% of the stock is currently owned by insiders.
Institutional Trading of Zscaler
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bessemer Group Inc. increased its holdings in shares of Zscaler by 3.2% in the third quarter. Bessemer Group Inc. now owns 1,021 shares of the company’s stock valued at $306,000 after buying an additional 32 shares in the last quarter. Cox Capital Mgt LLC grew its holdings in shares of Zscaler by 0.6% in the 3rd quarter. Cox Capital Mgt LLC now owns 5,576 shares of the company’s stock worth $1,671,000 after acquiring an additional 33 shares during the last quarter. Brookstone Capital Management grew its holdings in shares of Zscaler by 3.7% in the 3rd quarter. Brookstone Capital Management now owns 936 shares of the company’s stock worth $280,000 after acquiring an additional 33 shares during the last quarter. Wedbush Securities Inc. raised its position in shares of Zscaler by 0.7% during the third quarter. Wedbush Securities Inc. now owns 5,129 shares of the company’s stock worth $1,537,000 after purchasing an additional 34 shares during the period. Finally, Goldstream Capital Management Ltd raised its position in shares of Zscaler by 0.3% during the third quarter. Goldstream Capital Management Ltd now owns 12,450 shares of the company’s stock worth $3,731,000 after purchasing an additional 34 shares during the period. 46.45% of the stock is owned by institutional investors and hedge funds.
Zscaler Stock Performance
Shares of ZS stock opened at $134.68 on Monday. Zscaler has a 1 year low of $114.63 and a 1 year high of $336.99. The firm has a market capitalization of $21.66 billion, a PE ratio of -320.67 and a beta of 1.12. The stock has a fifty day moving average of $150.33 and a two-hundred day moving average of $221.08. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.90 and a current ratio of 1.90.
Zscaler (NASDAQ:ZS – Get Free Report) last issued its quarterly earnings results on Thursday, February 26th. The company reported $1.01 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.12. The company had revenue of $815.75 million for the quarter, compared to analyst estimates of $798.92 million. Zscaler had a positive return on equity of 0.06% and a negative net margin of 2.25%.The company’s quarterly revenue was up 25.9% compared to the same quarter last year. During the same period last year, the company earned $0.78 earnings per share. Zscaler has set its Q3 2026 guidance at 1.000-1.010 EPS and its FY 2026 guidance at 3.990-4.020 EPS. As a group, research analysts expect that Zscaler will post -0.1 EPS for the current year.
Zscaler Company Profile
Zscaler is a cloud security company that delivers a cloud-native platform to protect users, applications and data as organizations move away from traditional, network-centric security architectures. The company focuses on a zero trust approach that assumes no implicit trust for users or devices, providing secure access to the internet, SaaS applications and private applications regardless of where users are located. Zscaler positions its services as an alternative to legacy appliances and site-centric VPNs, aiming to simplify security while enabling modern, distributed workforces.
Key offerings are built around the Zscaler Zero Trust Exchange, a multi-tenant cloud platform that enforces security and access policies in-line.