Zscaler (NASDAQ:ZS) Upgraded at Mizuho

Mizuho upgraded shares of Zscaler (NASDAQ:ZS) from a neutral rating to an outperform rating in a research report report published on Tuesday morning, Marketbeat Ratings reports. Mizuho currently has $310.00 target price on the stock.

Several other equities research analysts also recently weighed in on the stock. Stifel Nicolaus reduced their price target on shares of Zscaler from $330.00 to $320.00 and set a “buy” rating for the company in a research report on Wednesday, November 26th. Guggenheim restated a “neutral” rating on shares of Zscaler in a research note on Wednesday, September 3rd. Zacks Research raised Zscaler from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 2nd. HC Wainwright reissued a “buy” rating on shares of Zscaler in a research report on Wednesday, November 26th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $365.00 price target on shares of Zscaler in a report on Wednesday, November 26th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $322.66.

Zscaler Stock Up 2.1%

ZS stock opened at $231.09 on Tuesday. The business has a 50 day moving average of $286.74 and a 200 day moving average of $289.66. The firm has a market cap of $36.85 billion, a PE ratio of -888.77 and a beta of 1.07. Zscaler has a twelve month low of $164.78 and a twelve month high of $336.99. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 0.86.

Zscaler (NASDAQ:ZS) last released its earnings results on Tuesday, November 25th. The company reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.11. Zscaler had a negative return on equity of 0.12% and a negative net margin of 1.45%.The firm had revenue of $788.11 million for the quarter, compared to analysts’ expectations of $773.86 million. During the same period in the prior year, the firm posted $0.77 earnings per share. The company’s quarterly revenue was up 25.5% on a year-over-year basis. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS and its Q2 2026 guidance at 0.890-0.900 EPS. On average, research analysts forecast that Zscaler will post -0.1 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Adam Geller sold 1,620 shares of the stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $232.79, for a total value of $377,119.80. Following the completion of the transaction, the insider directly owned 50,528 shares of the company’s stock, valued at $11,762,413.12. This trade represents a 3.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Raj Judge sold 3,438 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $230.82, for a total transaction of $793,559.16. Following the sale, the executive vice president directly owned 70,394 shares in the company, valued at approximately $16,248,343.08. This represents a 4.66% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 28,903 shares of company stock valued at $7,504,284 in the last 90 days. 17.20% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Binnacle Investments Inc purchased a new stake in shares of Zscaler in the third quarter worth about $25,000. Tradewinds Capital Management LLC boosted its position in Zscaler by 145.7% in the 3rd quarter. Tradewinds Capital Management LLC now owns 86 shares of the company’s stock worth $26,000 after purchasing an additional 51 shares in the last quarter. Root Financial Partners LLC acquired a new stake in shares of Zscaler during the 3rd quarter worth approximately $26,000. McIlrath & Eck LLC purchased a new position in Zscaler in the third quarter valued at $29,000. Finally, Quaker Wealth Management LLC raised its position in shares of Zscaler by 200.0% in the second quarter. Quaker Wealth Management LLC now owns 97 shares of the company’s stock worth $30,000 after acquiring an additional 194 shares during the period. Hedge funds and other institutional investors 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.