Zscaler, Inc. (NASDAQ:ZS) Receives $267.86 Consensus Target Price from Analysts

Zscaler, Inc. (NASDAQ:ZS) has been assigned an average rating of “Moderate Buy” from the forty-two brokerages that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, thirty-one have given a buy rating and two have assigned a strong buy rating to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $265.4324.

Several equities research analysts have recently weighed in on ZS shares. Zacks Research raised Zscaler from a “strong sell” rating to a “hold” rating in a research note on Friday, March 27th. Needham & Company LLC decreased their target price on Zscaler from $310.00 to $180.00 and set a “buy” rating for the company in a research note on Friday, February 27th. Sanford C. Bernstein raised Zscaler from a “market perform” rating to an “outperform” rating and set a $228.00 target price for the company in a research note on Friday, February 13th. Barclays set a $220.00 target price on Zscaler in a research note on Thursday, February 19th. Finally, Cantor Fitzgerald decreased their target price on Zscaler from $365.00 to $300.00 and set an “overweight” rating for the company in a research note on Tuesday, February 24th.

Insider Buying and Selling at Zscaler

In related news, Director James A. Beer sold 177 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $153.53, for a total transaction of $27,174.81. Following the completion of the sale, the director owned 4,384 shares of the company’s stock, valued at $673,075.52. This trade represents a 3.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Raj Judge sold 2,488 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $156.59, for a total value of $389,595.92. Following the sale, the executive vice president directly owned 67,906 shares of the company’s stock, valued at $10,633,400.54. This represents a 3.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 12,130 shares of company stock valued at $1,892,487 over the last ninety days. Insiders own 17.20% of the company’s stock.

Institutional Investors Weigh In On Zscaler

Large investors have recently added to or reduced their stakes in the business. Groupama Asset Managment grew its stake in Zscaler by 76,352.6% in the third quarter. Groupama Asset Managment now owns 4,750,000 shares of the company’s stock valued at $1,423,385,000 after acquiring an additional 4,743,787 shares during the period. Price T Rowe Associates Inc. MD grew its stake in Zscaler by 43.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,572,358 shares of the company’s stock valued at $578,576,000 after acquiring an additional 777,414 shares during the period. AQR Capital Management LLC grew its stake in Zscaler by 61.8% in the third quarter. AQR Capital Management LLC now owns 1,941,571 shares of the company’s stock valued at $576,083,000 after acquiring an additional 741,756 shares during the period. Vanguard Group Inc. grew its stake in Zscaler by 6.1% in the third quarter. Vanguard Group Inc. now owns 11,367,903 shares of the company’s stock valued at $3,406,506,000 after acquiring an additional 652,771 shares during the period. Finally, Alyeska Investment Group L.P. acquired a new stake in Zscaler in the third quarter valued at approximately $109,440,000. Institutional investors and hedge funds own 46.45% of the company’s stock.

Zscaler Trading Up 6.8%

Shares of ZS stock opened at $131.01 on Monday. The stock has a market cap of $21.07 billion, a price-to-earnings ratio of -311.93 and a beta of 1.12. The stock has a 50-day moving average of $151.68 and a 200-day moving average of $223.96. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.78. Zscaler has a 1-year low of $114.63 and a 1-year high of $336.99.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings results on Thursday, February 26th. The company reported $1.01 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.12. The company had revenue of $815.75 million during the quarter, compared to analysts’ expectations of $798.92 million. Zscaler had a positive return on equity of 0.06% and a negative net margin of 2.25%.The business’s quarterly revenue was up 25.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $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. On average, equities research analysts forecast that Zscaler will post -0.1 earnings per share for the current year.

About Zscaler

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.