Zscaler (NASDAQ:ZS) Price Target Raised to $320.00

Zscaler (NASDAQ:ZS) had its target price hoisted by Barclays from $300.00 to $320.00 in a report published on Wednesday,Benzinga reports. The brokerage currently has an overweight rating on the stock.

Several other equities research analysts have also issued reports on the company. JMP Securities reiterated a “market outperform” rating and set a $355.00 price target on shares of Zscaler in a report on Wednesday. Wall Street Zen cut shares of Zscaler from a “buy” rating to a “hold” rating in a research note on Saturday, August 30th. B. Riley assumed coverage on shares of Zscaler in a report on Tuesday, August 26th. They set a “neutral” rating and a $275.00 price objective for the company. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $340.00 price objective on shares of Zscaler in a research note on Wednesday. Finally, Rosenblatt Securities increased their target price on Zscaler from $315.00 to $330.00 and gave the stock a “buy” rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Zscaler 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 Wednesday. The business’s fifty day moving average price is $285.29 and its two-hundred day moving average price is $250.88. The firm has a market capitalization of $42.69 billion, a PE ratio of -1,015.56, a P/E/G 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.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.09. The business 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 business’s revenue was up 21.3% on a year-over-year basis. During the same period last 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. Equities research analysts expect that Zscaler will post -0.1 earnings per share for the current fiscal year.

Insider Transactions at Zscaler

In other Zscaler news, EVP Raj Judge sold 2,957 shares of the business’s stock in a transaction dated Tuesday, June 17th. The stock was sold at an average price of $303.70, for a total transaction of $898,040.90. Following the completion of the transaction, the executive vice president owned 76,289 shares of the company’s stock, valued at approximately $23,168,969.30. The trade was a 3.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Robert Schlossman sold 3,174 shares of the company’s stock in a transaction dated Wednesday, June 18th. The stock was sold at an average price of $305.07, for a total value of $968,292.18. Following the completion of the transaction, the insider directly owned 88,970 shares of the company’s stock, valued at approximately $27,142,077.90. The trade was a 3.44% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 143,305 shares of company stock worth $43,199,936. 18.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. ORG Partners LLC lifted its stake in Zscaler by 284.8% in the first quarter. ORG Partners LLC now owns 127 shares of the company’s stock worth $26,000 after purchasing an additional 94 shares during the last quarter. SVB Wealth LLC purchased a new position in shares of Zscaler during the first quarter valued at approximately $26,000. Colonial Trust Co SC purchased a new stake in Zscaler during the 4th quarter valued at about $28,000. Goodman Advisory Group LLC bought a new stake in shares of Zscaler during the first quarter valued at approximately $29,000. Finally, N.E.W. Advisory Services LLC bought a new stake in shares of Zscaler in the first quarter worth approximately $29,000. Hedge funds and other institutional investors 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.