Brokerages Set Zscaler, Inc. (NASDAQ:ZS) Price Target at $263.46

Zscaler, Inc. (NASDAQ:ZS) has been given an average rating of “Moderate Buy” by the forty-one ratings firms that are covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell rating, eight have given a hold rating, twenty-nine have issued a buy rating and two have given a strong buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $263.4571.

Several research analysts recently commented on the stock. Truist Financial cut their price target on shares of Zscaler from $350.00 to $250.00 and set a “buy” rating on the stock in a report on Tuesday, February 17th. Citigroup cut their price target on shares of Zscaler from $305.00 to $195.00 and set a “buy” rating on the stock in a report on Monday, March 2nd. Needham & Company LLC cut their price target on shares of Zscaler from $310.00 to $180.00 and set a “buy” rating on the stock in a report on Friday, February 27th. TD Cowen cut their price target on shares of Zscaler from $330.00 to $260.00 and set a “buy” rating on the stock in a report on Tuesday, February 24th. Finally, Oppenheimer lowered their price objective on shares of Zscaler from $280.00 to $250.00 and set an “outperform” rating for the company in a research report on Tuesday, March 10th.

Insider Buying and Selling

In other Zscaler news, Director James A. Beer sold 177 shares of the stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $153.53, for a total value of $27,174.81. Following the completion of the sale, the director owned 4,384 shares of the company’s stock, valued at $673,075.52. This trade represents a 3.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Adam Geller sold 2,094 shares of the stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $153.53, for a total transaction of $321,491.82. Following the completion of the sale, the insider directly owned 46,949 shares of the company’s stock, valued at $7,208,079.97. This trade represents a 4.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 12,130 shares of company stock valued at $1,892,487 over the last three months. Company insiders own 17.20% of the company’s stock.

Institutional Trading of Zscaler

Large investors have recently bought and sold shares of the company. Binnacle Investments Inc acquired a new stake in Zscaler in the third quarter valued at approximately $25,000. Root Financial Partners LLC acquired a new stake in Zscaler in the third quarter valued at approximately $26,000. McIlrath & Eck LLC acquired a new stake in Zscaler in the third quarter valued at approximately $29,000. AlphaCentric Advisors LLC acquired a new stake in Zscaler in the fourth quarter valued at approximately $29,000. Finally, Picton Mahoney Asset Management acquired a new stake in Zscaler in the third quarter valued at approximately $30,000. Institutional investors and hedge funds own 46.45% of the company’s stock.

Zscaler Trading Down 1.8%

NASDAQ ZS opened at $146.17 on Friday. Zscaler has a one year low of $114.63 and a one year high of $336.99. The company’s 50 day moving average price is $142.79 and its 200 day moving average price is $203.55. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.90 and a current ratio of 1.90. The firm has a market capitalization of $23.50 billion, a price-to-earnings ratio of -348.02 and a beta of 0.96.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings results on Thursday, February 26th. The company reported $1.01 EPS for the quarter, beating the consensus estimate of $0.89 by $0.12. Zscaler had a negative net margin of 2.25% and a positive return on equity of 0.06%. The firm had revenue of $815.75 million for the quarter, compared to analyst estimates of $798.92 million. During the same quarter last year, the firm posted $0.78 earnings per share. Zscaler’s revenue for the quarter was up 25.9% compared to the same quarter last year. Zscaler has set its Q3 2026 guidance at 1.000-1.010 EPS and its FY 2026 guidance at 3.990-4.020 EPS. On average, sell-side analysts predict that Zscaler will post -0.03 EPS for the current year.

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.