Cantor Fitzgerald Predicts Increased Earnings for Zscaler

Zscaler, Inc. (NASDAQ:ZS) – Analysts at Cantor Fitzgerald boosted their FY2026 EPS estimates for Zscaler in a note issued to investors on Wednesday, November 26th. Cantor Fitzgerald analyst J. Ruykhaver now anticipates that the company will post earnings per share of $0.02 for the year, up from their previous forecast of ($0.02). Cantor Fitzgerald currently has a “Overweight” rating on the stock. The consensus estimate for Zscaler’s current full-year earnings is ($0.10) per share.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings results on Tuesday, November 25th. The company reported $0.96 EPS for the quarter, beating the consensus estimate of $0.85 by $0.11. Zscaler had a negative net margin of 1.45% and a negative return on equity of 0.12%. The business had revenue of $788.11 million during the quarter, compared to the consensus estimate of $773.86 million. During the same quarter in the prior year, the firm earned $0.77 EPS. The firm’s quarterly revenue was up 25.5% on a year-over-year basis. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS. Q2 2026 guidance at 0.890-0.900 EPS.

Several other research firms have also weighed in on ZS. BMO Capital Markets upped their price target on Zscaler from $295.00 to $315.00 and gave the company an “outperform” rating in a research report on Wednesday, September 3rd. Rosenblatt Securities reiterated a “buy” rating and issued a $365.00 target price on shares of Zscaler in a report on Wednesday, November 26th. Evercore ISI increased their price target on shares of Zscaler from $290.00 to $320.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 3rd. BTIG Research restated a “buy” rating and set a $365.00 price target on shares of Zscaler in a report on Wednesday, November 26th. Finally, Morgan Stanley upped their price objective on shares of Zscaler from $320.00 to $335.00 and gave the company an “overweight” rating in a research note on Thursday, November 13th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $319.38.

Zscaler Price Performance

ZS opened at $243.28 on Monday. The firm has a market capitalization of $38.80 billion, a P/E ratio of -935.66 and a beta of 1.07. The stock has a fifty day moving average of $302.66 and a 200-day moving average of $291.64. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 0.86. Zscaler has a 12-month low of $164.78 and a 12-month high of $336.99.

Insider Activity

In related news, insider Adam Geller sold 10,464 shares of the company’s stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $284.25, for a total value of $2,974,392.00. Following the completion of the sale, the insider owned 43,478 shares in the company, valued at $12,358,621.50. This represents a 19.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Robert Schlossman sold 3,200 shares of the firm’s stock in a transaction on Friday, October 24th. The stock was sold at an average price of $325.00, for a total value of $1,040,000.00. Following the sale, the insider directly owned 80,086 shares in the company, valued at $26,027,950. The trade was a 3.84% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 43,084 shares of company stock worth $12,446,825 over the last three months. Company insiders own 17.20% of the company’s stock.

Institutional Investors Weigh In On Zscaler

Several institutional investors have recently added to or reduced their stakes in ZS. Avantax Advisory Services Inc. raised its stake in shares of Zscaler by 44.1% in the 1st quarter. Avantax Advisory Services Inc. now owns 5,236 shares of the company’s stock valued at $1,039,000 after purchasing an additional 1,602 shares during the period. Mackenzie Financial Corp boosted its position in shares of Zscaler by 17.9% during the first quarter. Mackenzie Financial Corp now owns 6,326 shares of the company’s stock worth $1,255,000 after buying an additional 960 shares during the period. Vestcor Inc grew its holdings in shares of Zscaler by 34.9% during the first quarter. Vestcor Inc now owns 2,044 shares of the company’s stock worth $406,000 after buying an additional 529 shares in the last quarter. Bayforest Capital Ltd acquired a new stake in Zscaler in the 1st quarter valued at approximately $34,000. Finally, Harbour Investments Inc. lifted its stake in Zscaler by 6.9% in the 1st quarter. Harbour Investments Inc. now owns 1,278 shares of the company’s stock valued at $254,000 after acquiring an additional 83 shares in the last quarter. 46.45% of the stock is owned by institutional investors.

About Zscaler

Zscaler, Inc operates as a cloud security company worldwide. The company offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds.