Zscaler, Inc. (NASDAQ:ZS) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Zscaler, Inc. (NASDAQ:ZSGet Free Report) have received an average recommendation of “Moderate Buy” from the forty-one research firms that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, six have given a hold recommendation and thirty-four have issued a buy recommendation on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $214.2051.

Several brokerages recently issued reports on ZS. BMO Capital Markets reduced their price objective on shares of Zscaler from $210.00 to $178.00 and set an “outperform” rating on the stock in a report on Wednesday, May 27th. Piper Sandler lowered their target price on Zscaler from $185.00 to $160.00 and set a “neutral” rating for the company in a research note on Wednesday, May 27th. Citizens Jmp reduced their price objective on shares of Zscaler from $290.00 to $210.00 and set a “market outperform” rating on the stock in a report on Friday, May 1st. Citigroup restated a “market outperform” rating on shares of Zscaler in a research note on Wednesday, May 27th. Finally, Stifel Nicolaus decreased their price objective on shares of Zscaler from $180.00 to $175.00 and set a “buy” rating for the company in a research note on Wednesday, May 27th.

Read Our Latest Research Report on ZS

Insider Transactions at Zscaler

In other Zscaler news, insider Adam Geller sold 2,817 shares of the firm’s stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $122.60, for a total transaction of $345,364.20. Following the transaction, the insider directly owned 42,314 shares of the company’s stock, valued at approximately $5,187,696.40. This trade represents a 6.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robert Schlossman sold 3,146 shares of the business’s stock in a transaction dated 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 transaction, the insider owned 69,366 shares in the company, valued at $8,769,943.38. This trade represents a 4.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 15,766 shares of company stock worth $1,978,587. 17.20% of the stock is currently owned by corporate insiders.

Institutional Trading of Zscaler

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Investors Research Corp purchased a new stake in Zscaler in the 2nd quarter valued at approximately $251,000. Handelsbanken Fonder AB grew its stake in Zscaler by 89.6% in the 2nd quarter. Handelsbanken Fonder AB now owns 60,933 shares of the company’s stock valued at $8,601,000 after acquiring an additional 28,792 shares during the last quarter. Allied Private Wealth LLC acquired a new stake in shares of Zscaler in the second quarter valued at approximately $103,000. Hennion & Walsh Asset Management Inc. increased its position in Zscaler by 4.4% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 6,665 shares of the company’s stock worth $941,000 after buying an additional 280 shares in the last quarter. Finally, Strategic Investment Solutions Inc. IL acquired a new position in Zscaler in the 2nd quarter valued at about $581,000. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Zscaler Price Performance

NASDAQ ZS opened at $142.32 on Wednesday. The business’s fifty day simple moving average is $143.06 and its 200-day simple moving average is $156.39. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.72. The firm has a market cap of $23.01 billion, a PE ratio of -296.49, a P/E/G ratio of 81.56 and a beta of 0.96. Zscaler has a 52 week low of $114.63 and a 52 week high of $336.99.

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

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.

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Analyst Recommendations for Zscaler (NASDAQ:ZS)

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