Cantor Fitzgerald Forecasts Strong Price Appreciation for Zscaler (NASDAQ:ZS) Stock

Zscaler (NASDAQ:ZS) had its target price boosted by equities researchers at Cantor Fitzgerald from $225.00 to $275.00 in a report issued on Wednesday, Benzinga reports. The firm currently has an “overweight” rating on the stock. Cantor Fitzgerald’s price target would suggest a potential upside of 29.56% from the company’s previous close.

A number of other brokerages have also weighed in on ZS. Sanford C. Bernstein boosted their price objective on Zscaler from $224.00 to $298.00 and gave the stock an “outperform” rating in a research report on Thursday, September 17th. Barclays boosted their price target on Zscaler from $200.00 to $220.00 and gave the stock an “overweight” rating in a report on Tuesday, September 29th. Roth Capital reiterated a “neutral” rating and set a $170.00 target price on shares of Zscaler in a research report on Saturday, September 5th. BTIG Research restated a “neutral” rating on shares of Zscaler in a research report on Friday, September 4th. Finally, Guggenheim reaffirmed a “buy” rating on shares of Zscaler in a research note on Friday, September 25th. Thirty-four investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $224.90.

Zscaler Stock Up 5.2%

Shares of NASDAQ ZS opened at $212.25 on Wednesday. The stock has a market capitalization of $34.61 billion, a P/E ratio of -544.23, a PEG ratio of 21.03 and a beta of 0.94. The stock’s fifty day moving average is $181.94 and its 200 day moving average is $155.82. Zscaler has a 52 week low of $114.63 and a 52 week high of $336.99. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.70 and a current ratio of 1.70.

Zscaler (NASDAQ:ZS) last released its earnings results on Thursday, September 3rd. The company reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.10. Zscaler had a positive return on equity of 1.23% and a negative net margin of 1.88%.The firm had revenue of $898.19 million during the quarter, compared to analysts’ expectations of $876.96 million. During the same period in the prior year, the company earned $0.89 earnings per share. The company’s quarterly revenue was up 24.9% on a year-over-year basis. Zscaler has set its FY 2027 guidance at 4.860-4.900 EPS and its Q1 2027 guidance at 1.150-1.160 EPS. Sell-side analysts forecast that Zscaler will post 0.7 earnings per share for the current fiscal year.

Insider Transactions at Zscaler

In other Zscaler news, insider Robert Schlossman sold 5,394 shares of the business’s stock in a transaction on Monday, September 21st. The shares were sold at an average price of $200.00, for a total transaction of $1,078,800.00. Following the completion of the sale, the insider owned 61,525 shares in the company, valued at approximately $12,305,000. The trade was a 8.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Kevin Rubin sold 519 shares of the business’s stock in a transaction dated Friday, September 25th. The stock was sold at an average price of $197.28, for a total transaction of $102,388.32. Following the sale, the chief financial officer directly owned 42,768 shares of the company’s stock, valued at approximately $8,437,271.04. The trade was a 1.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 29,053 shares of company stock valued at $5,610,165. Company insiders own 17.20% of the company’s stock.

Institutional Trading of Zscaler

A number of hedge funds have recently bought and sold shares of the business. Parkside Financial Bank & Trust raised its stake in Zscaler by 18.8% in the 2nd quarter. Parkside Financial Bank & Trust now owns 417 shares of the company’s stock valued at $59,000 after acquiring an additional 66 shares during the period. Versant Capital Management Inc lifted its holdings in Zscaler by 45.6% during the third quarter. Versant Capital Management Inc now owns 230 shares of the company’s stock valued at $46,000 after purchasing an additional 72 shares during the last quarter. Koshinski Asset Management Inc. boosted its position in Zscaler by 2.7% during the first quarter. Koshinski Asset Management Inc. now owns 3,036 shares of the company’s stock worth $426,000 after purchasing an additional 79 shares during the period. J.W. Cole Advisors Inc. boosted its position in Zscaler by 2.0% during the fourth quarter. J.W. Cole Advisors Inc. now owns 4,106 shares of the company’s stock worth $908,000 after purchasing an additional 80 shares during the period. Finally, CX Institutional increased its stake in shares of Zscaler by 15.9% in the third quarter. CX Institutional now owns 611 shares of the company’s stock worth $122,000 after purchasing an additional 84 shares in the last quarter. 46.45% of the stock is currently owned by institutional investors.

Key Zscaler News

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Fiscal 2027 guidance reaffirmed: Zscaler maintained its first-quarter and full-year fiscal 2027 outlook, removing a key uncertainty for investors. Management’s guidance includes FY27 EPS of approximately $4.86–$4.90 and Q1 EPS of $1.15–$1.16. Zscaler Hosts 2026 Investor Day, Reaffirms First Quarter and Fiscal 2027 Guidance
• Positive Sentiment: AI is strengthening demand: Management said enterprises need stronger zero-trust defenses as AI agents create new attack surfaces and cyber risks. Investors viewed this as a potentially significant growth tailwind for Zscaler’s cloud security platform. Zscaler Stock Jumps as AI Drives Demand for Zero Trust Platform
• Positive Sentiment: Analyst target raised: Stifel increased its price target, citing Zscaler’s prospects in AI cybersecurity. The target revision adds to bullish sentiment surrounding the company’s growth outlook. Zscaler: Stifel hikes target on AI cybersecurity prospects
• Positive Sentiment: IBM and Red Hat collaboration: Zscaler is working with IBM and Red Hat on protection for private applications during the period between vulnerability disclosure and patch deployment, expanding its enterprise security ecosystem. Zscaler Collaborates with IBM and Red Hat
• Neutral Sentiment: One analyst retained a Buy rating but lowered conviction from an earlier stronger stance. The analyst cited roughly 25% revenue growth, improving profitability, a net-cash balance sheet and a long-term $10 billion ARR target, while highlighting valuation and execution expectations. Zscaler Analyst Rating
• Negative Sentiment: Pomerantz LLP announced an investigation into potential claims on behalf of Zscaler investors. No allegations or findings were provided, but the announcement creates a modest headline and litigation overhang. Pomerantz Investor Alert

Zscaler Company Profile

Zscaler, Inc is a cloud-based cybersecurity company that provides security services designed to help organizations connect users, applications, devices and workloads securely. Its platform is built around a zero-trust security model, which verifies access based on identity, context and policy rather than relying primarily on traditional network perimeters.

The company’s offerings include Zscaler Internet Access, which helps secure internet and software-as-a-service access, and Zscaler Private Access, which provides controlled access to private applications without extending an organization’s network to remote users.