Brokerages Set Zscaler, Inc. (NASDAQ:ZS) Target Price at $312.39

Zscaler, Inc. (NASDAQ:ZS) has been assigned a consensus rating of “Moderate Buy” from the forty brokerages that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation, thirty have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $312.3889.

Several equities analysts have recently weighed in on the stock. Bank of America increased their price objective on shares of Zscaler from $340.00 to $355.00 and gave the stock a “buy” rating in a research note on Monday, October 20th. B. Riley assumed coverage on shares of Zscaler in a research report on Tuesday, August 26th. They set a “neutral” rating and a $275.00 target price for the company. Macquarie assumed coverage on Zscaler in a research note on Friday, October 31st. They issued an “outperform” rating and a $390.00 price objective on the stock. Cantor Fitzgerald reiterated an “overweight” rating and issued a $340.00 price target on shares of Zscaler in a research report on Wednesday, September 3rd. Finally, Evercore ISI increased their price objective on shares of Zscaler from $290.00 to $320.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 3rd.

Insider Buying and Selling

In related news, EVP Raj Judge sold 4,524 shares of Zscaler stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total value of $1,269,886.80. Following the completion of the sale, the executive vice president directly owned 73,832 shares in the company, valued at $20,724,642.40. This trade represents a 5.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Adam Geller sold 10,464 shares of the firm’s stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $284.25, for a total value of $2,974,392.00. Following the completion of the transaction, the insider owned 43,478 shares of the company’s stock, valued at approximately $12,358,621.50. The trade was a 19.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 43,084 shares of company stock worth $12,446,825 over the last quarter. Insiders own 18.10% of the company’s stock.

Institutional Trading of Zscaler

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bessemer Group Inc. increased its position in shares of Zscaler by 3.2% in the third quarter. Bessemer Group Inc. now owns 1,021 shares of the company’s stock valued at $306,000 after buying an additional 32 shares in the last quarter. Cox Capital Mgt LLC grew its holdings in shares of Zscaler by 0.6% in the third quarter. Cox Capital Mgt LLC now owns 5,576 shares of the company’s stock valued at $1,671,000 after purchasing an additional 33 shares during the period. Brookstone Capital Management increased its holdings in shares of Zscaler by 3.7% during the 3rd quarter. Brookstone Capital Management now owns 936 shares of the company’s stock worth $280,000 after buying an additional 33 shares during the last quarter. Wedbush Securities Inc. lifted its stake in shares of Zscaler by 0.7% in the 3rd quarter. Wedbush Securities Inc. now owns 5,129 shares of the company’s stock valued at $1,537,000 after purchasing an additional 34 shares during the last quarter. Finally, Goldstream Capital Management Ltd boosted its stake in Zscaler by 0.3% during the third quarter. Goldstream Capital Management Ltd now owns 12,450 shares of the company’s stock worth $3,731,000 after buying an additional 34 shares during the period. Institutional investors and hedge funds own 46.45% of the company’s stock.

Zscaler Trading Down 3.0%

NASDAQ ZS opened at $299.45 on Friday. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.95. Zscaler has a twelve month low of $164.78 and a twelve month high of $336.99. The firm has a market capitalization of $47.40 billion, a PE ratio of -1,109.07 and a beta of 1.06. The stock’s 50 day moving average is $305.33 and its 200 day moving average is $288.80.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 earnings per share 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 analyst estimates of $707.15 million. Zscaler had a negative return on equity of 0.47% and a negative net margin of 1.55%.The firm’s revenue for the quarter was up 21.3% on a year-over-year basis. During the same quarter last year, the company earned $0.88 EPS. 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 fiscal year.

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.