Zscaler, Inc. (NASDAQ:ZS) Receives $216.65 Average Price Target from Analysts

Zscaler, Inc. (NASDAQ:ZS) has earned an average recommendation of “Moderate Buy” from the forty-two ratings firms that are currently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, six have given a hold recommendation and thirty-four have given a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $216.5250.

A number of brokerages recently issued reports on ZS. Piper Sandler upped their price target on Zscaler from $160.00 to $175.00 and gave the company a “neutral” rating in a report on Friday, September 4th. B. Riley Financial reduced their price objective on shares of Zscaler from $225.00 to $215.00 and set a “buy” rating for the company in a research report on Wednesday, May 27th. The Goldman Sachs Group restated a “neutral” rating and issued a $179.00 target price on shares of Zscaler in a report on Wednesday, May 27th. Wedbush initiated coverage on shares of Zscaler in a research report on Friday. They issued an “outperform” rating and a $215.00 target price on the stock. Finally, Berenberg Bank set a $200.00 price target on shares of Zscaler in a research note on Thursday, May 28th.

Insider Activity at Zscaler

In other Zscaler news, CFO Kevin Rubin sold 3,000 shares of the firm’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $124.22, for a total transaction of $372,660.00. Following the transaction, the chief financial officer owned 41,901 shares of the company’s stock, valued at approximately $5,204,942.22. This trade represents a 6.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robert Schlossman sold 3,146 shares of Zscaler stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $126.43, for a total value of $397,748.78. Following the sale, the insider owned 69,366 shares in the company, valued at $8,769,943.38. This trade represents a 4.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 16,772 shares of company stock worth $2,139,799. Insiders own 17.20% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in ZS. Binnacle Investments Inc purchased a new position in shares of Zscaler during the third quarter worth approximately $25,000. AlphaCentric Advisors LLC acquired a new stake in Zscaler during the 4th quarter worth $29,000. University of Texas Texas AM Investment Management Co. purchased a new position in Zscaler during the 4th quarter worth $30,000. Mcguire Capital Advisors Inc. purchased a new position in Zscaler during the 4th quarter worth $32,000. Finally, Strive Financial Group LLC acquired a new position in Zscaler in the fourth quarter valued at $39,000. Institutional investors and hedge funds own 46.45% of the company’s stock.

Zscaler Stock Up 0.6%

Shares of NASDAQ ZS opened at $164.54 on Thursday. The company has a market capitalization of $26.83 billion, a price-to-earnings ratio of -421.90, a price-to-earnings-growth ratio of 21.28 and a beta of 0.95. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.70 and a quick ratio of 1.70. The business has a 50-day moving average of $163.38 and a two-hundred day moving average of $150.35. Zscaler has a 1 year low of $114.63 and a 1 year high of $336.99.

Zscaler (NASDAQ:ZS) last released its quarterly earnings data on Thursday, September 3rd. The company reported $1.19 EPS for the quarter, beating analysts’ consensus estimates of $1.09 by $0.10. Zscaler had a positive return on equity of 1.23% and a negative net margin of 1.88%.The business had revenue of $898.19 million for the quarter, compared to the consensus estimate of $876.96 million. During the same quarter in the prior year, the business posted $0.89 EPS. The business’s revenue for the quarter was up 24.9% on a year-over-year basis. Zscaler has set its FY 2027 guidance at 4.860-4.900 EPS and its Q1 2027 guidance at 1.150-1.160 EPS. On average, analysts forecast that Zscaler will post 0.59 earnings per share for the current fiscal year.

About Zscaler

Zscaler, Inc is a cloud-native cybersecurity company that provides security services designed to help organizations connect users, devices, applications and workloads securely over the internet. Its platform is built around a zero-trust security model, which verifies access based on identity, context and policy rather than relying primarily on a traditional corporate network perimeter.

The company’s offerings include Zscaler Internet Access, which secures access to internet and software-as-a-service applications, and Zscaler Private Access, which provides secure, policy-based access to private applications without requiring conventional virtual private networks.