Brokerages Set Zscaler, Inc. (NASDAQ:ZS) Target Price at $216.03

Shares of Zscaler, Inc. (NASDAQ:ZS) have earned a consensus recommendation of “Moderate Buy” from the forty brokerages that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and thirty-three have assigned a buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $216.0263.

A number of equities research analysts have issued reports on the company. Truist Financial set a $210.00 target price on Zscaler in a research note on Wednesday, May 27th. BMO Capital Markets cut their target price on Zscaler from $210.00 to $178.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 27th. Berenberg Bank set a $200.00 target price on Zscaler in a research note on Thursday, May 28th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $179.00 target price on shares of Zscaler in a research note on Wednesday, May 27th. Finally, 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.

Zscaler Stock Performance

ZS stock opened at $135.26 on Tuesday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.86 and a current ratio of 1.86. The stock has a market capitalization of $21.87 billion, a price-to-earnings ratio of -281.79 and a beta of 0.97. Zscaler has a 1 year low of $114.63 and a 1 year high of $336.99. The stock’s fifty day moving average is $143.79 and its two-hundred day moving average is $183.80.

Zscaler (NASDAQ:ZS) last posted its earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.07. The company had revenue of $850.48 million for the quarter, compared to analysts’ expectations 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 period last year, the business posted $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. On average, research analysts predict that Zscaler will post -0.03 EPS for the current year.

Insider Buying and Selling at Zscaler

In related news, EVP Raj Judge sold 2,488 shares of Zscaler stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $156.59, for a total transaction of $389,595.92. Following the sale, the executive vice president directly owned 67,906 shares in the company, valued at $10,633,400.54. The trade was 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 available through the SEC website. Also, Director James A. Beer sold 177 shares of Zscaler stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $153.53, for a total transaction of $27,174.81. Following the sale, the director owned 4,384 shares in the company, valued at approximately $673,075.52. This represents a 3.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 12,130 shares of company stock valued at $1,892,487. 17.20% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Zscaler

A number of hedge funds and other institutional investors have recently modified their holdings of ZS. Integrated Wealth Concepts LLC raised its stake in shares of Zscaler by 19.9% during the first quarter. Integrated Wealth Concepts LLC now owns 1,439 shares of the company’s stock valued at $285,000 after purchasing an additional 239 shares in the last quarter. NewEdge Advisors LLC raised its stake in shares of Zscaler by 8.2% during the first quarter. NewEdge Advisors LLC now owns 4,899 shares of the company’s stock valued at $972,000 after purchasing an additional 370 shares in the last quarter. Empowered Funds LLC grew its holdings in Zscaler by 9.2% during the first quarter. Empowered Funds LLC now owns 2,811 shares of the company’s stock worth $558,000 after acquiring an additional 238 shares during the period. Sivia Capital Partners LLC acquired a new position in Zscaler during the second quarter worth about $252,000. Finally, Jump Financial LLC acquired a new position in Zscaler during the second quarter worth about $3,019,000. 46.45% of the stock is currently owned by institutional investors.

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.