Zscaler (NASDAQ:ZS) Given New $257.00 Price Target at The Goldman Sachs Group

Zscaler (NASDAQ:ZS) had its target price reduced by stock analysts at The Goldman Sachs Group from $290.00 to $257.00 in a report issued on Monday,Benzinga reports. The firm currently has a “neutral” rating on the stock. The Goldman Sachs Group’s price target points to a potential upside of 72.52% from the stock’s current price.

Several other equities research analysts have also issued reports on the stock. Cantor Fitzgerald reduced their target price on shares of Zscaler from $365.00 to $300.00 and set an “overweight” rating for the company in a report on Tuesday, February 24th. Capital One Financial set a $320.00 price objective on shares of Zscaler and gave the stock an “overweight” rating in a research note on Wednesday, November 26th. HC Wainwright restated a “buy” rating on shares of Zscaler in a research note on Wednesday, November 26th. Stephens dropped their target price on shares of Zscaler from $340.00 to $225.00 and set an “overweight” rating for the company in a report on Monday, February 23rd. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Zscaler in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $275.68.

Zscaler Stock Performance

Shares of NASDAQ ZS traded up $1.98 during midday trading on Monday, hitting $148.97. 2,495,639 shares of the company’s stock traded hands, compared to its average volume of 2,702,153. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.90 and a current ratio of 1.90. The stock has a market capitalization of $23.76 billion, a price-to-earnings ratio of -354.35, a price-to-earnings-growth ratio of 217.30 and a beta of 1.02. The firm has a fifty day moving average of $198.92 and a 200 day moving average of $254.90. Zscaler has a 1 year low of $140.56 and a 1 year high of $336.99.

Zscaler (NASDAQ:ZS) last announced its earnings results on Thursday, February 26th. The company reported $1.01 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.12. The business had revenue of $815.75 million during the quarter, compared to analysts’ expectations of $798.92 million. Zscaler had a negative net margin of 2.25% and a positive return on equity of 0.06%. The firm’s revenue was up 25.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.78 earnings per share. Zscaler has set its Q3 2026 guidance at 1.000-1.010 EPS and its FY 2026 guidance at 3.990-4.020 EPS. On average, analysts forecast that Zscaler will post -0.1 earnings per share for the current year.

Insider Transactions at Zscaler

In other news, insider Adam Geller sold 1,620 shares of the business’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $232.79, for a total value of $377,119.80. Following the sale, the insider directly owned 50,528 shares in the company, valued at $11,762,413.12. The trade was a 3.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director James A. Beer sold 653 shares of the stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $226.72, for a total transaction of $148,048.16. Following the completion of the transaction, the director directly owned 3,485 shares of the company’s stock, valued at approximately $790,119.20. The trade was a 15.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 19,350 shares of company stock valued at $4,471,509. 17.20% of the stock is owned by insiders.

Hedge Funds Weigh In On Zscaler

Large investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its position in Zscaler by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 11,423,424 shares of the company’s stock valued at $2,569,357,000 after purchasing an additional 55,521 shares during the period. Groupama Asset Managment lifted its position in shares of Zscaler by 76,352.6% in the 3rd quarter. Groupama Asset Managment now owns 4,750,000 shares of the company’s stock worth $1,423,385,000 after purchasing an additional 4,743,787 shares during the period. First Trust Advisors LP boosted its stake in shares of Zscaler by 15.9% during the fourth quarter. First Trust Advisors LP now owns 2,582,897 shares of the company’s stock valued at $580,945,000 after purchasing an additional 354,763 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in Zscaler by 43.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,572,358 shares of the company’s stock valued at $578,576,000 after buying an additional 777,414 shares during the period. Finally, State Street Corp increased its holdings in Zscaler by 3.4% during the fourth quarter. State Street Corp now owns 2,337,604 shares of the company’s stock valued at $525,774,000 after buying an additional 77,800 shares during the period. Institutional investors own 46.45% of the company’s stock.

Key Stories Impacting Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Zscaler launched an AI & Cyber Threat Research Center with Bharti Airtel in India, a strategic expansion that strengthens its footprint in a high‑growth market and supports adoption of its cloud‑native, zero‑trust platform. This is a tangible growth/market‑access catalyst for international revenue growth. Read More.
• Positive Sentiment: Market commentary is framing Zscaler as an oversold growth leader and a “buy the dip” opportunity, arguing valuation and technical signals support accumulation by institutions—this narrative can attract bargain‑hunters and short‑covering flows. Read More.
• Neutral Sentiment: Zacks highlights shifting international revenue trends for Zscaler and suggests these trends deserve attention because they affect Wall Street forecasts and the stock’s longer‑term growth profile; improved overseas growth would be constructive but details and pace matter. Read More.
• Neutral Sentiment: A Zacks piece notes Zscaler is trending among readers and summarizes factors that could influence the stock (growth trajectory, valuation, competitive position). Useful context for sentiment but not a direct catalyst. Read More.
• Negative Sentiment: Multiple brokers cut Zscaler price targets this morning, reflecting lowered near‑term expectations and adding selling pressure. Notable cuts include Mizuho, RBC, Morgan Stanley, Oppenheimer, BMO, Piper Sandler, Needham, Citizens Jmp and Berenberg — these revisions increase headline risk and may cap near‑term upside. Links to the reports: Read More., Read More., Read More., Read More., Read More., Read More., Read More., Read More., Read More..

Zscaler Company Profile

Zscaler is a cloud security company that delivers a cloud-native platform to protect users, applications and data as organizations move away from traditional, network-centric security architectures. The company focuses on a zero trust approach that assumes no implicit trust for users or devices, providing secure access to the internet, SaaS applications and private applications regardless of where users are located. Zscaler positions its services as an alternative to legacy appliances and site-centric VPNs, aiming to simplify security while enabling modern, distributed workforces.

Key offerings are built around the Zscaler Zero Trust Exchange, a multi-tenant cloud platform that enforces security and access policies in-line.