Zscaler (NASDAQ:ZS) Price Target Raised to $185.00

Posted by Geri Gentry on Jul 19th, 2026

Zscaler (NASDAQ:ZS – Free Report) had its target price raised by KeyCorp from $176.00 to $185.00 in a report published on Thursday morning, MarketBeat reports. KeyCorp currently has an overweight rating on the stock.

Several other brokerages also recently issued reports on ZS. BTIG Research reiterated a “neutral” rating on shares of Zscaler in a research note on Thursday, April 9th. Needham & Company LLC reissued a “buy” rating and set a $180.00 price target on shares of Zscaler in a research report on Wednesday, June 10th. Piper Sandler decreased their price objective on shares of Zscaler from $185.00 to $160.00 and set a “neutral” rating for the company in a report on Wednesday, May 27th. Barclays lowered their price objective on Zscaler from $180.00 to $170.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 27th. Finally, Zacks Research upgraded Zscaler from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 27th. Thirty-four analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $214.21.

Read Our Latest Stock Report on ZS

Zscaler Price Performance

ZS opened at $149.94 on Thursday. The firm has a market cap of $24.25 billion, a PE ratio of -312.37, a P/E/G ratio of 85.93 and a beta of 0.96. The stock has a 50-day moving average price of $143.85 and a 200-day moving average price of $159.67. Zscaler has a 1 year low of $114.63 and a 1 year high of $336.99. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.86 and a quick ratio of 1.86.

Zscaler (NASDAQ:ZS – Get Free Report) last announced its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 EPS for the quarter, beating the consensus estimate of $1.01 by $0.07. The company had revenue of $850.48 million for the quarter, compared to the consensus estimate of $835.14 million. Zscaler had a negative net margin of 2.44% and a negative return on equity of 0.37%. Zscaler’s revenue for the quarter was up 25.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.84 EPS. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. Sell-side analysts predict that Zscaler will post 0.12 earnings per share for the current fiscal year.

Insider Activity at Zscaler

In other news, insider Robert Schlossman sold 3,146 shares of Zscaler stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total value of $397,748.78. Following the completion of the sale, the insider directly owned 69,366 shares in the company, valued at $8,769,943.38. The trade was a 4.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Kevin Rubin sold 3,000 shares of the business’s stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $124.22, for a total transaction of $372,660.00. Following the transaction, the chief financial officer directly owned 41,901 shares of the company’s stock, valued at $5,204,942.22. The trade was a 6.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 15,766 shares of company stock valued at $1,978,587. Insiders own 17.20% of the company’s stock.

Institutional Investors Weigh In On Zscaler

Hedge funds have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC boosted its stake in shares of Zscaler by 19.9% in the 1st quarter. Integrated Wealth Concepts LLC now owns 1,439 shares of the company’s stock worth $285,000 after buying an additional 239 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of Zscaler by 8.2% in the first quarter. NewEdge Advisors LLC now owns 4,899 shares of the company’s stock worth $972,000 after acquiring an additional 370 shares during the period. Empowered Funds LLC increased its position in Zscaler by 9.2% during the first quarter. Empowered Funds LLC now owns 2,811 shares of the company’s stock valued at $558,000 after acquiring an additional 238 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in Zscaler during the second quarter valued at $252,000. Finally, Jump Financial LLC bought a new position in Zscaler in the second quarter valued at about $3,019,000. 46.45% of the stock is currently owned by hedge funds and other institutional investors.

Zscaler Company Profile

(Get Free Report)

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.