Brokerages Set Zscaler, Inc. (NASDAQ:ZS) PT at $214.21

Shares of Zscaler, Inc. (NASDAQ:ZS) have earned an average recommendation of “Moderate Buy” from the forty-one analysts that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and thirty-four have issued a buy rating on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $214.2051.

Several brokerages recently issued reports on ZS. Canaccord Genuity Group reiterated a “buy” rating and issued a $210.00 price target on shares of Zscaler in a report on Thursday, June 11th. FBN Securities restated an “outperform” rating and set a $175.00 price objective on shares of Zscaler in a research note on Wednesday, May 27th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Zscaler in a research report on Tuesday, June 9th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $200.00 target price on shares of Zscaler in a research report on Wednesday, June 10th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $180.00 target price on shares of Zscaler in a report on Wednesday, June 10th.

Zscaler Price Performance

ZS opened at $142.32 on Wednesday. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.72. Zscaler has a 52-week low of $114.63 and a 52-week high of $336.99. The company has a 50 day moving average of $143.06 and a two-hundred day moving average of $156.85. The company has a market cap of $23.01 billion, a P/E ratio of -296.49, a P/E/G ratio of 80.06 and a beta of 0.96.

Zscaler (NASDAQ:ZS) last released its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.07. Zscaler had a negative net margin of 2.44% and a negative return on equity of 0.37%. The company had revenue of $850.48 million during the quarter, compared to analyst estimates of $835.14 million. During the same quarter in the prior year, the business earned $0.84 earnings per share. The business’s quarterly revenue was up 25.4% compared to the same quarter last year. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. On average, analysts expect that Zscaler will post 0.12 earnings per share for the current year.

Insider Buying and Selling

In other Zscaler news, insider Adam Geller sold 2,817 shares of the stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $122.60, for a total value of $345,364.20. Following the completion of the sale, the insider owned 42,314 shares of the company’s stock, valued at $5,187,696.40. This trade represents a 6.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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 that occurred on Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total transaction of $397,748.78. Following the sale, the insider owned 69,366 shares in the company, valued at $8,769,943.38. This represents a 4.34% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 15,766 shares of company stock worth $1,978,587 in the last 90 days. 17.20% of the stock is owned by insiders.

Institutional Investors Weigh In On Zscaler

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Binnacle Investments Inc purchased a new position in Zscaler in the 3rd quarter valued at about $25,000. AlphaCentric Advisors LLC purchased a new stake in shares of Zscaler during the fourth quarter worth about $29,000. University of Texas Texas AM Investment Management Co. purchased a new stake in shares of Zscaler during the fourth quarter worth about $30,000. Mcguire Capital Advisors Inc. acquired a new position in shares of Zscaler in the fourth quarter worth about $32,000. Finally, Family CFO Inc acquired a new position in shares of Zscaler in the fourth quarter worth about $34,000. Hedge funds and other institutional investors own 46.45% of the company’s stock.

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.