BMO Capital Markets Forecasts Strong Price Appreciation for Zscaler (NASDAQ:ZS) Stock

Zscaler (NASDAQ:ZS) had its target price upped by analysts at BMO Capital Markets from $295.00 to $315.00 in a research report issued to clients and investors on Wednesday, Marketbeat.com reports. The firm presently has an “outperform” rating on the stock. BMO Capital Markets’ price target would suggest a potential upside of 17.43% from the stock’s current price.

A number of other research analysts have also recently issued reports on ZS. Wall Street Zen cut shares of Zscaler from a “buy” rating to a “hold” rating in a report on Saturday, August 30th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $340.00 price target on shares of Zscaler in a report on Thursday, August 28th. Morgan Stanley raised shares of Zscaler from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $280.00 to $320.00 in a report on Tuesday. Evercore ISI raised their price target on shares of Zscaler from $245.00 to $290.00 and gave the stock an “outperform” rating in a report on Friday, May 30th. Finally, Loop Capital raised their price target on shares of Zscaler from $250.00 to $260.00 and gave the stock a “hold” rating in a report on Friday, May 30th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, Zscaler has an average rating of “Moderate Buy” and a consensus target price of $307.00.

Zscaler Trading Down 0.9%

Shares of ZS stock opened at $268.25 on Wednesday. The business’s fifty day simple moving average is $286.12 and its 200-day simple moving average is $250.49. The company has a market cap of $41.77 billion, a PE ratio of -993.52, a PEG ratio of 250.14 and a beta of 1.05. Zscaler has a 12-month low of $153.45 and a 12-month high of $318.46.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.09. The business had revenue of $719.23 million for the quarter, compared to the consensus estimate of $707.15 million. Zscaler had a negative return on equity of 0.49% and a negative net margin of 1.55%.The business’s quarterly revenue was up 21.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.88 earnings per share. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. On average, equities analysts forecast that Zscaler will post -0.1 earnings per share for the current year.

Insider Activity

In other Zscaler news, EVP Raj Judge sold 2,957 shares of Zscaler stock in a transaction dated Tuesday, June 17th. The shares were sold at an average price of $303.70, for a total transaction of $898,040.90. Following the transaction, the executive vice president directly owned 76,289 shares of the company’s stock, valued at $23,168,969.30. The trade was a 3.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Ajay Mangal sold 120,000 shares of the business’s stock in a transaction that occurred on Monday, June 9th. The shares were sold at an average price of $300.89, for a total transaction of $36,106,800.00. Following the completion of the sale, the insider directly owned 2,550,210 shares in the company, valued at $767,332,686.90. This trade represents a 4.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 143,305 shares of company stock valued at $43,199,936 in the last ninety days. 18.10% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in ZS. ORG Partners LLC grew its holdings in Zscaler by 284.8% during the 1st quarter. ORG Partners LLC now owns 127 shares of the company’s stock worth $26,000 after acquiring an additional 94 shares in the last quarter. SVB Wealth LLC purchased a new stake in Zscaler in the 1st quarter valued at $26,000. Colonial Trust Co SC purchased a new position in Zscaler during the 4th quarter worth $28,000. Goodman Advisory Group LLC purchased a new position in Zscaler during the 1st quarter worth $29,000. Finally, N.E.W. Advisory Services LLC purchased a new position in shares of Zscaler in the 1st quarter valued at about $29,000. Institutional investors and hedge funds own 46.45% of the company’s stock.

About Zscaler

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.