Zscaler (NASDAQ:ZS) Price Target Raised to $355.00

Zscaler (NASDAQ:ZS) had its price target boosted by Bank of America from $340.00 to $355.00 in a research report report published on Monday,MarketScreener reports. They currently have a buy rating on the stock.

ZS has been the subject of a number of other research reports. Cantor Fitzgerald reiterated an “overweight” rating and issued a $340.00 price objective on shares of Zscaler in a research report on Wednesday, September 3rd. Susquehanna upped their price objective on shares of Zscaler from $320.00 to $340.00 and gave the stock a “positive” rating in a research report on Wednesday, September 3rd. Wedbush reiterated an “outperform” rating and issued a $330.00 price objective on shares of Zscaler in a research report on Wednesday, September 3rd. BMO Capital Markets upped their price objective on shares of Zscaler from $295.00 to $315.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 3rd. Finally, Barclays upped their price objective on shares of Zscaler from $300.00 to $320.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 3rd. One analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $307.86.

Zscaler Trading Down 0.8%

NASDAQ ZS opened at $307.92 on Monday. The company has a market capitalization of $48.74 billion, a PE ratio of -1,140.44 and a beta of 1.06. The company has a fifty day moving average of $288.61 and a 200 day moving average of $272.79. Zscaler has a 1 year low of $164.78 and a 1 year high of $319.89. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.01 and a quick ratio of 2.01.

Zscaler (NASDAQ:ZS) last posted its earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.09. The company had revenue of $719.23 million during the quarter, compared to the consensus estimate of $707.15 million. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.47%. The firm’s quarterly revenue was up 21.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.88 earnings per share. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. Research analysts forecast that Zscaler will post -0.1 earnings per share for the current year.

Insider Activity at Zscaler

In other Zscaler news, insider Adam Geller sold 11,193 shares of the stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total value of $3,141,875.10. Following the completion of the sale, the insider owned 53,942 shares in the company, valued at approximately $15,141,519.40. This represents a 17.18% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jagtar Singh Chaudhry sold 2,865 shares of the stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total transaction of $804,205.50. Following the completion of the sale, the chief executive officer owned 350,700 shares of the company’s stock, valued at approximately $98,441,490. The trade was a 0.81% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 39,884 shares of company stock worth $11,406,825 in the last quarter. Company insiders own 18.10% of the company’s stock.

Institutional Trading of Zscaler

A number of hedge funds have recently bought and sold shares of ZS. ORG Partners LLC raised its holdings in Zscaler by 284.8% in the 1st quarter. ORG Partners LLC now owns 127 shares of the company’s stock valued at $26,000 after acquiring an additional 94 shares during the last quarter. SVB Wealth LLC acquired a new stake in Zscaler in the 1st quarter valued at about $26,000. Tradewinds Capital Management LLC raised its holdings in Zscaler by 145.7% in the 3rd quarter. Tradewinds Capital Management LLC now owns 86 shares of the company’s stock valued at $26,000 after acquiring an additional 51 shares during the last quarter. Goodman Advisory Group LLC acquired a new stake in Zscaler in the 1st quarter valued at about $29,000. Finally, N.E.W. Advisory Services LLC acquired a new stake in Zscaler in the 1st quarter valued at about $29,000. Institutional investors and hedge funds own 46.45% of the company’s stock.

Zscaler Company Profile

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.