Zscaler’s (ZS) “Outperform” Rating Reaffirmed at Wedbush

Posted by Brian Himes on Sep 11th, 2026

Zscaler (NASDAQ:ZS – Get Free Report)‘s stock had its “outperform” rating reaffirmed by equities researchers at Wedbush in a research report issued to clients and investors on Friday, Benzinga reports. They presently have a $215.00 price target on the stock. Wedbush’s price objective would indicate a potential upside of 31.51% from the company’s current price.

Several other research analysts also recently issued reports on the stock. Piper Sandler boosted their price objective on shares of Zscaler from $160.00 to $175.00 and gave the stock a “neutral” rating in a report on Friday, September 4th. Mizuho boosted their target price on shares of Zscaler from $185.00 to $210.00 and gave the company an “outperform” rating in a research note on Wednesday, August 19th. KeyCorp raised their price target on Zscaler from $185.00 to $210.00 and gave the company an “overweight” rating in a report on Friday, August 21st. UBS Group reduced their target price on shares of Zscaler from $260.00 to $225.00 and set a “buy” rating on the stock in a research report on Wednesday, May 27th. Finally, Evercore set a $155.00 price target on shares of Zscaler and gave the company an “in-line” rating in a report on Wednesday, May 27th. Thirty-four research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $216.53.

Check Out Our Latest Report on ZS

Zscaler Stock Down 1.6%

Zscaler stock opened at $163.48 on Friday. Zscaler has a 1-year low of $114.63 and a 1-year high of $336.99. The firm’s fifty day simple moving average is $163.04 and its 200-day simple moving average is $150.25. The company has a market capitalization of $26.66 billion, a P/E ratio of -419.18, a P/E/G ratio of 21.48 and a beta of 0.95. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 0.65.

Zscaler (NASDAQ:ZS – Get Free Report) last posted its quarterly earnings data on Thursday, September 3rd. The company reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.10. Zscaler had a negative net margin of 1.88% and a positive return on equity of 1.23%. The business had revenue of $898.19 million during the quarter, compared to the consensus estimate of $876.96 million. During the same period in the prior year, the firm earned $0.89 EPS. Zscaler’s quarterly revenue was up 24.9% compared to the same quarter last year. Zscaler has set its FY 2027 guidance at 4.860-4.900 EPS and its Q1 2027 guidance at 1.150-1.160 EPS. Sell-side analysts forecast that Zscaler will post 0.56 earnings per share for the current fiscal year.

Insider Transactions at Zscaler

In other news, CEO Jagtar Chaudhry sold 2,878 shares of the company’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $126.43, for a total transaction of $363,865.54. Following the completion of the transaction, the chief executive officer directly owned 343,038 shares of the company’s stock, valued at $43,370,294.34. This represents a 0.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Robert Schlossman sold 3,146 shares of the stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $126.43, for a total value of $397,748.78. Following the transaction, the insider owned 69,366 shares of the company’s stock, valued at approximately $8,769,943.38. The trade was a 4.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 16,772 shares of company stock valued at $2,139,799. 17.20% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Zscaler

Several institutional investors and hedge funds have recently modified their holdings of the stock. Kentucky Retirement Systems Insurance Trust Fund increased its position in shares of Zscaler by 1.4% in the third quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 2,569 shares of the company’s stock valued at $770,000 after acquiring an additional 36 shares during the last quarter. Parallel Advisors LLC grew its position in shares of Zscaler by 10.9% in the 3rd quarter. Parallel Advisors LLC now owns 397 shares of the company’s stock valued at $119,000 after acquiring an additional 39 shares during the period. Smartleaf Asset Management LLC increased its position in Zscaler by 7.5% during the second quarter. Smartleaf Asset Management LLC now owns 648 shares of the company’s stock worth $204,000 after buying an additional 45 shares during the last quarter. Larson Financial Group LLC raised its position in shares of Zscaler by 2.6% in the third quarter. Larson Financial Group LLC now owns 2,040 shares of the company’s stock valued at $611,000 after purchasing an additional 52 shares during the period. Finally, Crossmark Global Holdings Inc. lifted its position in Zscaler by 6.1% during the third quarter. Crossmark Global Holdings Inc. now owns 976 shares of the company’s stock worth $292,000 after acquiring an additional 56 shares during the last quarter. 46.45% of the stock is currently owned by institutional investors and hedge funds.

Zscaler Company Profile

(Get Free Report)

Zscaler, Inc is a cloud-native cybersecurity company that provides security services designed to help organizations connect users, devices, applications and workloads securely over the internet. Its platform is built around a zero-trust security model, which verifies access based on identity, context and policy rather than relying primarily on a traditional corporate network perimeter.

The company’s offerings include Zscaler Internet Access, which secures access to internet and software-as-a-service applications, and Zscaler Private Access, which provides secure, policy-based access to private applications without requiring conventional virtual private networks.