Zscaler (NASDAQ:ZS) Stock Price Up 1.1% – Here’s What Happened

Posted by Brenda Bartman on Jun 13th, 2026

Zscaler, Inc. (NASDAQ:ZS – Get Free Report) shares rose 1.1% during trading on Thursday . The company traded as high as $126.35 and last traded at $126.11. Approximately 3,778,057 shares traded hands during trading, an increase of 5% from the average daily volume of 3,602,568 shares. The stock had previously closed at $124.73.

Key Headlines Impacting Zscaler

Here are the key news stories impacting Zscaler this week:

Positive Sentiment: Stephens reaffirmed Overweight on Zscaler and set a $200 price target, implying substantial upside from current levels.
Positive Sentiment: Canaccord Genuity also reiterated Buy and raised its target to $210, signaling continued analyst confidence in Zscaler’s growth outlook.
Positive Sentiment: Zscaler unveiled new AI-driven security features for its Zero Trust SASE platform, including the ZAgent Framework and other offerings aimed at securing AI agents, endpoints, partners, unmanaged devices, and Kubernetes environments. Zscaler Bets On AI Agent Security And Identity To Revive Growth
Positive Sentiment: The company also expanded its Zero Trust SASE solution for a world of AI and distributed users, reinforcing its positioning in a fast-growing security niche. Zscaler expands Zero Trust SASE solution for ‘a world of AI with distributed users’
Neutral Sentiment: Recent media coverage and Zacks commentary show Zscaler remains one of the more closely watched software names, with investors focused on whether AI-related demand can offset slowing growth expectations.
Neutral Sentiment: Management commentary at recent events emphasized zero trust as a foundation for deploying AI agents, which supports the long-term thesis but does not appear to be an immediate catalyst.
Negative Sentiment: Zacks noted that Zscaler is trading near a 52-week low after FY27 guidance pointed to slower growth, even though AI security bookings and platform gains may help support the stock.
Negative Sentiment: The Schall Law Firm announced a fraud investigation into possible false or misleading statements, adding legal and reputational overhang for investors.

Analysts Set New Price Targets

ZS has been the topic of a number of analyst reports. Truist Financial set a $210.00 target price on Zscaler in a research note on Wednesday, May 27th. Citigroup reaffirmed a “market outperform” rating on shares of Zscaler in a research note on Wednesday, May 27th. BMO Capital Markets cut their target price on Zscaler from $210.00 to $178.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 27th. Cantor Fitzgerald reissued an “overweight” rating and issued a $225.00 price objective on shares of Zscaler in a research note on Wednesday. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $179.00 price objective on shares of Zscaler in a research note on Wednesday, May 27th. Thirty-four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Zscaler has a consensus rating of “Moderate Buy” and a consensus price target of $214.33.

Get Our Latest Research Report on Zscaler

Zscaler Stock Performance

The company has a market cap of $20.94 billion, a P/E ratio of -269.83, a PEG ratio of 78.85 and a beta of 0.97. The firm has a 50 day moving average of $142.55 and a 200-day moving average of $177.84. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.72.

Zscaler (NASDAQ:ZS – Get Free Report) last announced its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.07. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.The company had revenue of $850.48 million for the quarter, compared to analysts’ expectations of $835.14 million. During the same quarter in the prior year, the firm earned $0.84 earnings per share. Zscaler’s revenue was up 25.4% compared to the same quarter last year. 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, sell-side analysts anticipate that Zscaler, Inc. will post 0.11 EPS for the current fiscal year.

Insider Buying and Selling at Zscaler

In other Zscaler news, insider Adam Geller sold 2,094 shares of the stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $153.53, for a total transaction of $321,491.82. Following the sale, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Raj Judge sold 2,488 shares of the stock in a transaction on Tuesday, March 17th. The shares were 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 in the company, valued at $10,633,400.54. This trade represents a 3.53% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 12,130 shares of company stock worth $1,892,487. 17.20% of the stock is currently owned by company insiders.

Institutional Trading of Zscaler

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Westpac Banking Corp lifted its holdings in shares of Zscaler by 919.0% during the 3rd quarter. Westpac Banking Corp now owns 9,986 shares of the company’s stock valued at $2,992,000 after purchasing an additional 9,006 shares during the last quarter. Korea Investment CORP lifted its holdings in shares of Zscaler by 24.0% during the 3rd quarter. Korea Investment CORP now owns 98,370 shares of the company’s stock valued at $29,478,000 after purchasing an additional 19,026 shares during the last quarter. Qsemble Capital Management LP lifted its holdings in shares of Zscaler by 105.5% during the 4th quarter. Qsemble Capital Management LP now owns 15,773 shares of the company’s stock valued at $3,548,000 after purchasing an additional 8,099 shares during the last quarter. Oxbow Advisors LLC purchased a new stake in shares of Zscaler during the 4th quarter valued at $2,939,000. Finally, Vinva Investment Management Ltd lifted its holdings in shares of Zscaler by 136.1% during the 3rd quarter. Vinva Investment Management Ltd now owns 11,347 shares of the company’s stock valued at $3,400,000 after purchasing an additional 6,541 shares during the last quarter. Institutional investors own 46.45% of the company’s stock.

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.