Cantor Fitzgerald Lowers Earnings Estimates for Zscaler

Zscaler, Inc. (NASDAQ:ZS) – Stock analysts at Cantor Fitzgerald cut their FY2026 EPS estimates for Zscaler in a report released on Wednesday, September 3rd. Cantor Fitzgerald analyst J. Ruykhaver now forecasts that the company will post earnings per share of $0.17 for the year, down from their previous estimate of $0.20. Cantor Fitzgerald has a “Overweight” rating and a $340.00 price objective on the stock. The consensus estimate for Zscaler’s current full-year earnings is ($0.10) per share.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings data 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 firm had revenue of $719.23 million during the quarter, compared to analysts’ expectations of $707.15 million. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.49%. The company’s revenue for the quarter was up 21.3% compared to the same quarter last year. During the same period in the prior year, the company 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.

A number of other brokerages also recently issued reports on ZS. Zacks Research downgraded shares of Zscaler from a “hold” rating to a “strong sell” rating in a report on Wednesday. JMP Securities reiterated a “market outperform” rating and issued a $355.00 price target on shares of Zscaler in a report on Wednesday. JPMorgan Chase & Co. lifted their price target on shares of Zscaler from $348.00 to $351.00 and gave the company an “overweight” rating in a report on Wednesday. BTIG Research reiterated a “buy” rating on shares of Zscaler in a report on Thursday, July 10th. Finally, Robert W. Baird lifted their price target on shares of Zscaler from $330.00 to $345.00 and gave the company an “outperform” rating in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $307.00.

Zscaler Price Performance

Shares of NASDAQ ZS opened at $274.20 on Thursday. The firm has a fifty day moving average price of $285.29 and a 200-day moving average price of $250.88. The stock has a market cap of $42.69 billion, a PE ratio of -1,015.56, a price-to-earnings-growth ratio of 221.54 and a beta of 1.05. Zscaler has a 1 year low of $153.45 and a 1 year high of $318.46.

Insiders Place Their Bets

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

Hedge Funds Weigh In On Zscaler

Large investors have recently made changes to their positions in the company. ORG Partners LLC boosted its stake in shares of Zscaler by 284.8% during the 1st quarter. ORG Partners LLC now owns 127 shares of the company’s stock worth $26,000 after purchasing an additional 94 shares during the period. SVB Wealth LLC purchased a new position in shares of Zscaler during the 1st quarter worth about $26,000. Colonial Trust Co SC purchased a new position in shares of Zscaler during the 4th quarter worth about $28,000. Goodman Advisory Group LLC bought a new stake in Zscaler during the 1st quarter valued at about $29,000. Finally, N.E.W. Advisory Services LLC bought a new stake in Zscaler during the 1st quarter valued at about $29,000. 46.45% of the stock is owned by hedge funds and other institutional investors.

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.