Zscaler (NASDAQ:ZS) Given “Neutral” Rating at BTIG Research

Zscaler (NASDAQ:ZS)‘s stock had its “neutral” rating reaffirmed by equities research analysts at BTIG Research in a research report issued on Thursday,Benzinga reports.

A number of other equities analysts also recently issued reports on ZS. Zacks Research raised shares of Zscaler from a “strong sell” rating to a “hold” rating in a research note on Friday, March 27th. Canaccord Genuity Group decreased their price target on shares of Zscaler from $340.00 to $275.00 and set a “buy” rating for the company in a research note on Friday, February 27th. Barclays set a $220.00 price target on shares of Zscaler in a research note on Thursday, February 19th. Royal Bank Of Canada decreased their price target on shares of Zscaler from $250.00 to $205.00 and set an “outperform” rating for the company in a research note on Friday, February 27th. Finally, Wells Fargo & Company initiated coverage on shares of Zscaler in a research note on Tuesday, March 3rd. They set an “overweight” rating and a $200.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $267.86.

Zscaler Price Performance

ZS stock opened at $137.85 on Thursday. Zscaler has a 1 year low of $128.00 and a 1 year high of $336.99. The company has a market cap of $22.16 billion, a P/E ratio of -328.21 and a beta of 1.12. The firm has a 50-day moving average of $158.85 and a 200 day moving average of $229.76. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.90 and a quick ratio of 1.90.

Zscaler (NASDAQ:ZS) last released its quarterly earnings results on Thursday, February 26th. The company reported $1.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.12. Zscaler had a negative net margin of 2.25% and a positive return on equity of 0.06%. The company had revenue of $815.75 million during the quarter, compared to the consensus estimate of $798.92 million. During the same period in the prior year, the firm earned $0.78 earnings per share. Zscaler’s revenue was up 25.9% on a year-over-year basis. 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, sell-side analysts forecast that Zscaler will post -0.1 EPS for the current year.

Insider Buying and Selling at Zscaler

In other Zscaler news, EVP Raj Judge sold 2,488 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $156.59, for a total transaction of $389,595.92. Following the completion of the transaction, the executive vice president owned 67,906 shares of the company’s stock, valued at approximately $10,633,400.54. This trade represents a 3.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Adam Geller sold 2,094 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $153.53, for a total transaction of $321,491.82. Following the transaction, the insider directly owned 46,949 shares of the company’s stock, valued at $7,208,079.97. This represents a 4.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 12,130 shares of company stock valued at $1,892,487. 17.20% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Zscaler

Institutional investors and hedge funds have recently made changes to their positions in the company. Integrated Wealth Concepts LLC raised its holdings in Zscaler by 19.9% in the 1st quarter. Integrated Wealth Concepts LLC now owns 1,439 shares of the company’s stock worth $285,000 after acquiring an additional 239 shares during the last quarter. NewEdge Advisors LLC boosted its stake in Zscaler by 8.2% during the 1st quarter. NewEdge Advisors LLC now owns 4,899 shares of the company’s stock valued at $972,000 after purchasing an additional 370 shares during the last quarter. Empowered Funds LLC boosted its stake in Zscaler by 9.2% during the 1st quarter. Empowered Funds LLC now owns 2,811 shares of the company’s stock valued at $558,000 after purchasing an additional 238 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in Zscaler during the 2nd quarter valued at $252,000. Finally, Jump Financial LLC purchased a new stake in Zscaler during the 2nd quarter valued at $3,019,000. Institutional investors own 46.45% of the company’s stock.

About Zscaler

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.