Zscaler (NASDAQ:ZS) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Zscaler (NASDAQ:ZS) from a hold rating to a buy rating in a research note published on Sunday.

A number of other equities analysts also recently issued reports on ZS. Piper Sandler lifted their price objective on shares of Zscaler from $260.00 to $280.00 and gave the stock a “neutral” rating in a report on Wednesday, September 3rd. FBN Securities upgraded Zscaler to a “strong-buy” rating in a research note on Friday, May 30th. Morgan Stanley raised Zscaler from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $280.00 to $320.00 in a report on Tuesday, September 2nd. Royal Bank Of Canada boosted their price objective on Zscaler from $315.00 to $335.00 and gave the stock an “outperform” rating in a report on Wednesday, September 3rd. Finally, Stifel Nicolaus raised their target price on Zscaler from $295.00 to $330.00 and gave the stock a “buy” rating in a research note on Wednesday, September 3rd. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Zscaler currently has a consensus rating of “Moderate Buy” and an average price target of $307.00.

Zscaler Price Performance

Shares of NASDAQ ZS opened at $282.29 on Friday. The business has a 50-day moving average of $284.15 and a 200-day moving average of $252.24. The stock has a market capitalization of $43.95 billion, a price-to-earnings ratio of -1,045.52 and a beta of 1.05. Zscaler has a fifty-two week low of $153.45 and a fifty-two week high of $318.46.

Zscaler (NASDAQ:ZS) last announced its earnings results on Tuesday, September 2nd. The company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.80 by $0.09. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.49%. The business had revenue of $719.23 million during the quarter, compared to the consensus estimate of $707.15 million. During the same quarter in the previous year, the firm posted $0.88 EPS. Zscaler’s revenue was up 21.3% compared to the same quarter last year. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. On average, sell-side analysts expect that Zscaler will post -0.1 EPS for the current year.

Insider Buying and Selling at Zscaler

In other news, insider Syam Nair sold 4,064 shares of the business’s stock in a transaction on Tuesday, June 17th. The stock was sold at an average price of $303.70, for a total value of $1,234,236.80. Following the completion of the transaction, the insider directly owned 106,659 shares of the company’s stock, valued at approximately $32,392,338.30. The trade was a 3.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Jagtar Singh Chaudhry sold 2,849 shares of the business’s stock in a transaction on Tuesday, June 17th. The stock was sold at an average price of $303.70, for a total value of $865,241.30. Following the completion of the transaction, the chief executive officer directly owned 353,565 shares of the company’s stock, valued at approximately $107,377,690.50. The trade was a 0.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 23,305 shares of company stock worth $7,093,136. Insiders own 18.10% of the company’s stock.

Institutional Trading of Zscaler

A number of institutional investors have recently made changes to their positions in the business. China Universal Asset Management Co. Ltd. boosted its stake in Zscaler by 46.0% in the 2nd quarter. China Universal Asset Management Co. Ltd. now owns 5,535 shares of the company’s stock worth $1,738,000 after purchasing an additional 1,745 shares in the last quarter. Orion Porfolio Solutions LLC raised its holdings in shares of Zscaler by 41.9% in the second quarter. Orion Porfolio Solutions LLC now owns 4,374 shares of the company’s stock worth $1,373,000 after buying an additional 1,292 shares during the last quarter. Munro Partners purchased a new position in shares of Zscaler in the second quarter worth $3,221,000. Thrivent Financial for Lutherans acquired a new stake in Zscaler during the 2nd quarter worth about $232,000. Finally, MASTERINVEST Kapitalanlage GmbH purchased a new stake in Zscaler in the second quarter valued at approximately $1,793,000. Institutional investors and hedge funds own 46.45% of the company’s stock.

About Zscaler

Zscaler, Inc operates as a cloud security company worldwide. The company offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds.