Brokerages Set Zscaler, Inc. (NASDAQ:ZS) PT at $322.66

Zscaler, Inc. (NASDAQ:ZS) has earned an average rating of “Moderate Buy” from the forty-three research firms that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, eight have given a hold rating, thirty-three have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $320.1316.

ZS has been the subject of a number of analyst reports. Cantor Fitzgerald restated an “overweight” rating on shares of Zscaler in a research note on Wednesday, November 26th. Weiss Ratings restated a “sell (d-)” rating on shares of Zscaler in a research report on Wednesday, October 8th. Zacks Research upgraded Zscaler from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 2nd. Needham & Company LLC dropped their price objective on Zscaler from $350.00 to $310.00 and set a “buy” rating for the company in a research note on Wednesday, November 26th. Finally, UBS Group cut their price objective on Zscaler from $350.00 to $340.00 and set a “buy” rating for the company in a report on Wednesday, November 26th.

Insider Transactions at Zscaler

In other Zscaler news, CEO Jagtar Singh Chaudhry sold 2,843 shares of the company’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total transaction of $656,221.26. Following the sale, the chief executive officer directly owned 347,857 shares of the company’s stock, valued at approximately $80,292,352.74. This represents a 0.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Raj Judge sold 3,438 shares of Zscaler stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total transaction of $793,559.16. Following the completion of the transaction, the executive vice president owned 70,394 shares of the company’s stock, valued at $16,248,343.08. This trade represents a 4.66% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 22,550 shares of company stock valued at $5,511,509. 17.20% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Brookstone Capital Management bought a new stake in Zscaler during the 2nd quarter worth about $283,000. VestGen Advisors LLC bought a new position in shares of Zscaler in the 2nd quarter valued at about $1,592,000. Mackenzie Financial Corp grew its position in shares of Zscaler by 133.6% during the 2nd quarter. Mackenzie Financial Corp now owns 14,780 shares of the company’s stock worth $4,640,000 after buying an additional 8,454 shares during the period. Schroder Investment Management Group grew its position in shares of Zscaler by 11.5% during the 2nd quarter. Schroder Investment Management Group now owns 164,061 shares of the company’s stock worth $51,505,000 after buying an additional 16,868 shares during the period. Finally, Ensign Peak Advisors Inc raised its stake in shares of Zscaler by 9.9% during the second quarter. Ensign Peak Advisors Inc now owns 395,391 shares of the company’s stock worth $124,129,000 after buying an additional 35,770 shares during the last quarter. Institutional investors own 46.45% of the company’s stock.

Zscaler Stock Up 1.0%

ZS opened at $222.76 on Friday. The company has a market capitalization of $35.52 billion, a P/E ratio of -856.74, a P/E/G ratio of 4,229.41 and a beta of 1.02. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.82 and a quick ratio of 1.82. The firm’s fifty day moving average price is $266.99 and its two-hundred day moving average price is $283.30. Zscaler has a fifty-two week low of $164.78 and a fifty-two week high of $336.99.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings data on Tuesday, November 25th. The company reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.11. The company had revenue of $788.11 million during the quarter, compared to analysts’ expectations of $773.86 million. Zscaler had a negative net margin of 1.45% and a negative return on equity of 0.12%. The business’s revenue was up 25.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.77 EPS. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS and its Q2 2026 guidance at 0.890-0.900 EPS. On average, analysts anticipate that Zscaler will post -0.1 EPS for the current year.

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.