Zscaler (NASDAQ:ZS) Price Target Raised to $200.00

Zscaler (NASDAQ:ZS) had its price target increased by Stifel Nicolaus from $175.00 to $200.00 in a report issued on Wednesday morning,Benzinga reports. The brokerage currently has a buy rating on the stock.

Several other equities analysts have also recently issued reports on ZS. Stephens reiterated an “overweight” rating and set a $200.00 price target on shares of Zscaler in a research report on Friday, June 12th. Guggenheim restated a “buy” rating and issued a $214.00 price objective on shares of Zscaler in a report on Wednesday, June 10th. Wedbush reaffirmed an “outperform” rating and set a $220.00 target price on shares of Zscaler in a research note on Wednesday, June 10th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $225.00 target price on shares of Zscaler in a report on Wednesday. Finally, Citizens Jmp dropped their price target on shares of Zscaler from $290.00 to $210.00 and set a “market outperform” rating on the stock in a research report on Friday, May 1st. Thirty-four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Zscaler presently has a consensus rating of “Moderate Buy” and an average price target of $215.36.

Zscaler Trading Up 3.9%

Zscaler stock opened at $181.74 on Wednesday. Zscaler has a 12-month low of $114.63 and a 12-month high of $336.99. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.86 and a quick ratio of 1.86. The stock has a market capitalization of $29.39 billion, a PE ratio of -378.62, a price-to-earnings-growth ratio of 68.66 and a beta of 0.94. The firm has a 50 day simple moving average of $151.10 and a 200-day simple moving average of $150.54.

Zscaler (NASDAQ:ZS) last announced its earnings results on Tuesday, May 26th. The company reported $1.08 EPS for the quarter, topping the consensus estimate of $1.01 by $0.07. The firm 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 quarter in the previous 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 expect that Zscaler will post 0.12 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Robert Schlossman sold 3,146 shares of the 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 completion of the sale, the insider directly owned 69,366 shares of the company’s stock, valued at approximately $8,769,943.38. This represents a 4.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Jagtar Singh Chaudhry sold 2,878 shares of the stock in a transaction dated Tuesday, June 16th. The stock was 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 directly owned 343,038 shares of the company’s stock, valued at approximately $43,370,294.34. This represents a 0.83% decrease in their ownership of the stock. 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. In the last ninety days, insiders sold 16,269 shares of company stock worth $2,052,589. 17.20% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Zscaler

Large investors have recently made changes to their positions in the business. Integrated Wealth Concepts LLC lifted its position in shares of Zscaler by 19.9% in the first quarter. Integrated Wealth Concepts LLC now owns 1,439 shares of the company’s stock worth $285,000 after purchasing an additional 239 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in shares of Zscaler by 8.2% during the first quarter. NewEdge Advisors LLC now owns 4,899 shares of the company’s stock worth $972,000 after purchasing an additional 370 shares during the period. Empowered Funds LLC grew its position in Zscaler by 9.2% during the first quarter. Empowered Funds LLC now owns 2,811 shares of the company’s stock valued at $558,000 after purchasing an additional 238 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in Zscaler during the second quarter valued at approximately $252,000. Finally, Jump Financial LLC purchased a new position in Zscaler during the second quarter valued at approximately $3,019,000. Institutional investors and hedge funds own 46.45% of the company’s stock.

More Zscaler News

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: KeyBanc raised its price target to $210 from a lower prior target, citing what it views as a valuation discount and potential for the cybersecurity company to regain investor confidence. KeyBanc upgrades Zscaler price target
• Positive Sentiment: Additional bullish analyst actions supported the stock. Mizuho lifted its price target to $210, Stifel Nicolaus raised its target to $200, and Cantor Fitzgerald assigned Zscaler an “Overweight” rating. The actions suggest Wall Street sees upside despite the stock’s sharp decline from its 52-week high. Mizuho raises Zscaler price target Stifel raises Zscaler price target Cantor Fitzgerald rates Zscaler Overweight
• Positive Sentiment: Rising AI-driven cyber threats reinforce demand for Zscaler’s platform. NTT DATA CEO Abhijit Dubey said frontier AI is making attacks more sophisticated, expanding the attack surface, and accelerating attacks to machine speed—an industry trend that could increase demand for cloud-based zero-trust security. AI and cybersecurity threats
• Positive Sentiment: Zscaler’s expanded Carahsoft partnership targets U.S. small and midsize businesses with standardized bundles, simpler pricing, and broader partner enablement. The initiative could diversify Zscaler’s customer base and create an additional growth channel beyond large enterprises. Zscaler and Carahsoft SMB partnership
• Negative Sentiment: AI-lab IPO speculation remains a risk to sentiment. Reports that Anthropic may pursue a massive public offering renewed concerns that investors could redirect capital from enterprise software stocks toward AI companies, contributing to recent pressure on Zscaler. Zscaler and AI IPO concerns

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.