Brokers Set Expectations for Zscaler FY2026 Earnings

Zscaler, Inc. (NASDAQ:ZS) – Research analysts at Cantor Fitzgerald issued their FY2026 EPS estimates for Zscaler in a research report issued on Monday, June 9th. Cantor Fitzgerald analyst J. Ruykhaver expects that the company will earn $0.20 per share for the year. Cantor Fitzgerald has a “Overweight” rating and a $275.00 price objective on the stock. The consensus estimate for Zscaler’s current full-year earnings is ($0.10) per share.

Other equities research analysts have also recently issued research reports about the stock. Guggenheim restated a “neutral” rating on shares of Zscaler in a research report on Friday, May 30th. Robert W. Baird raised their price objective on shares of Zscaler from $295.00 to $315.00 and gave the company an “outperform” rating in a research report on Friday, May 30th. Piper Sandler restated a “neutral” rating and issued a $260.00 price objective (up previously from $235.00) on shares of Zscaler in a research report on Friday, May 30th. Loop Capital raised their price objective on shares of Zscaler from $250.00 to $260.00 and gave the company a “hold” rating in a research report on Friday, May 30th. Finally, Stifel Nicolaus raised their price objective on shares of Zscaler from $270.00 to $295.00 and gave the company a “buy” rating in a research report on Friday, May 30th. Nine investment analysts have rated the stock with a hold rating, twenty-eight have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $286.79.

Zscaler Trading Down 0.6%

ZS opened at $297.97 on Tuesday. The stock has a market capitalization of $46.39 billion, a PE ratio of -1,191.88 and a beta of 1.09. Zscaler has a 1-year low of $153.45 and a 1-year high of $306.78. The firm has a 50-day moving average price of $233.82 and a two-hundred day moving average price of $210.84.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings data on Thursday, May 29th. The company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.08. The firm had revenue of $678.03 million for the quarter, compared to analysts’ expectations of $667.13 million. Zscaler had a negative net margin of 1.58% and a negative return on equity of 0.75%. The company’s quarterly revenue was up 22.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.88 earnings per share.

Insider Activity at Zscaler

In related news, CEO Jagtar Singh Chaudhry sold 2,155 shares of the firm’s stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $199.15, for a total transaction of $429,168.25. Following the sale, the chief executive officer now directly owns 356,414 shares in the company, valued at $70,979,848.10. This trade represents a 0.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Andrew William Fraser Brown sold 20,333 shares of the firm’s stock in a transaction on Wednesday, June 4th. The stock was sold at an average price of $296.72, for a total transaction of $6,033,207.76. Following the sale, the director now owns 27,216 shares in the company, valued at approximately $8,075,531.52. The trade was a 42.76% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 266,722 shares of company stock worth $57,583,648. 18.10% of the stock is currently owned by company insiders.

Institutional Trading of Zscaler

Institutional investors have recently made changes to their positions in the business. T. Rowe Price Investment Management Inc. bought a new stake in Zscaler during the first quarter worth $516,622,000. Nuveen LLC bought a new position in shares of Zscaler in the 1st quarter valued at about $153,340,000. Goldman Sachs Group Inc. grew its position in shares of Zscaler by 23.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 3,048,238 shares of the company’s stock valued at $604,831,000 after acquiring an additional 578,883 shares during the period. AQR Capital Management LLC grew its position in shares of Zscaler by 120.1% in the 4th quarter. AQR Capital Management LLC now owns 964,031 shares of the company’s stock valued at $173,921,000 after acquiring an additional 525,956 shares during the period. Finally, Natixis bought a new position in shares of Zscaler in the 4th quarter valued at about $87,775,000. Institutional investors own 46.45% of the company’s stock.

Zscaler Company Profile

Zscaler, Inc operates as a cloud security company worldwide. The company offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds.