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

Zscaler, Inc. (NASDAQ:ZS) has been assigned an average rating of “Moderate Buy” from the forty-one research firms that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, six have assigned a hold rating and thirty-four have issued a buy rating on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $213.4359.

ZS has been the topic of a number of research reports. Stephens reaffirmed an “overweight” rating and issued a $200.00 price objective on shares of Zscaler in a report on Friday, June 12th. HC Wainwright raised Zscaler from a “buy” rating to a “buy” rating in a report on Monday, May 18th. KeyCorp lifted their target price on Zscaler from $176.00 to $185.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Morgan Stanley reduced their target price on shares of Zscaler from $155.00 to $145.00 and set an “equal weight” rating for the company in a research report on Wednesday, May 27th. Finally, Berenberg Bank set a $200.00 price target on shares of Zscaler in a research note on Thursday, May 28th.

Zscaler Trading Up 0.7%

Shares of NASDAQ:ZS opened at $185.70 on Friday. Zscaler has a 12-month low of $114.63 and a 12-month high of $336.99. The business has a 50 day moving average of $147.88 and a 200-day moving average of $150.61. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.72. The stock has a market cap of $30.03 billion, a PE ratio of -386.87, a P/E/G ratio of 66.08 and a beta of 0.94.

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

Insider Buying and Selling at Zscaler

In other Zscaler news, CEO Jagtar Singh Chaudhry sold 2,878 shares of the business’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total value of $363,865.54. Following the completion of the sale, the chief executive officer owned 343,038 shares of the company’s stock, valued at $43,370,294.34. The trade was a 0.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Kevin Rubin sold 503 shares of the stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $147.12, for a total transaction of $74,001.36. Following the transaction, the chief financial officer owned 41,398 shares in the company, valued at approximately $6,090,473.76. The trade was a 1.20% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 16,269 shares of company stock worth $2,052,589 over the last quarter. Company insiders own 17.20% of the company’s stock.

Institutional Investors Weigh In On Zscaler

Several institutional investors have recently made changes to their positions in the stock. Binnacle Investments Inc bought a new position in Zscaler during the 3rd quarter worth $25,000. AlphaCentric Advisors LLC bought a new stake in shares of Zscaler during the 4th quarter valued at $29,000. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of Zscaler during the 4th quarter worth $30,000. Mcguire Capital Advisors Inc. acquired a new stake in shares of Zscaler during the 4th quarter worth $32,000. Finally, Western Wealth Management LLC bought a new position in shares of Zscaler in the first quarter worth $33,000. 46.45% of the stock is currently owned by institutional investors.

Zscaler News Roundup

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Expanded SMB and mid-market reach: Zscaler and Carahsoft expanded their partnership to deliver Zscaler’s Zero Trust Exchange platform to U.S. small and midsize businesses. Carahsoft’s sales and distribution network could broaden Zscaler’s customer base and create additional growth opportunities beyond large enterprises. Zscaler and Carahsoft Expand Partnership to Deliver Enterprise-Proven Zero Trust Security to SMB and Mid-Market Customers
• Positive Sentiment: Bullish analyst and investor commentary: Several reports point to Wall Street’s Buy-equivalent average recommendation and identify reasons to remain positive on Zscaler, including its cybersecurity positioning and long-term growth potential. However, the reports also caution that analyst optimism may be overly favorable. Is It Worth Investing in Zscaler Based on Wall Street’s Bullish Views?
• Neutral Sentiment: Industry comparison: Qualys’ higher outlook and new AI-powered vulnerability detection tools underscore continued innovation across cybersecurity, while Zscaler’s participation in the CSAI Foundation reflects involvement in AI-related cyber-risk initiatives. The developments may reinforce sector interest but also highlight intense competition. How Investors May Respond to Qualys Raised Outlook and New AI Cyber Risk Tools
• Negative Sentiment: Valuation and competitive risks: One comparison concludes that Okta currently offers steadier growth, a lower valuation, cross-selling potential and exposure to AI-agent opportunities, making it the more attractive cybersecurity investment. This could limit Zscaler’s appeal, particularly while its shares remain valued at a premium and have declined in 2026. Zscaler vs. Okta: Which Cybersecurity Stock Is the Better Buy?

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.