Zscaler’s (ZS) “Neutral” Rating Reaffirmed at Guggenheim

Guggenheim restated their neutral rating on shares of Zscaler (NASDAQ:ZS) in a research note released on Wednesday morning,Benzinga reports.

A number of other equities analysts have also weighed in on ZS. Rosenblatt Securities upped their price target on shares of Zscaler from $315.00 to $330.00 and gave the stock a “buy” rating in a research report on Wednesday. Needham & Company LLC reiterated a “buy” rating and issued a $350.00 price target on shares of Zscaler in a research report on Wednesday. Cantor Fitzgerald reiterated an “overweight” rating and issued a $340.00 price target on shares of Zscaler in a research report on Wednesday. Wells Fargo & Company upgraded shares of Zscaler from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $260.00 to $385.00 in a research report on Friday, June 13th. Finally, Stephens reiterated an “overweight” rating and issued a $255.00 price target on shares of Zscaler in a research report on Tuesday, May 27th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $307.00.

Zscaler Stock Up 2.2%

Shares of ZS stock opened at $274.20 on Wednesday. The company has a 50 day moving average price of $285.29 and a 200-day moving average price of $250.88. Zscaler has a 52 week low of $153.45 and a 52 week high of $318.46. 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 (NASDAQ:ZS) last announced its earnings results 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 company had revenue of $719.23 million during the quarter, compared to analyst estimates of $707.15 million. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.49%. The firm’s quarterly revenue was up 21.3% compared to the same quarter last year. During the same period in the previous year, the business 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. Analysts anticipate that Zscaler will post -0.1 earnings per share for the current year.

Insider Activity at Zscaler

In related news, EVP Raj Judge sold 2,957 shares of the company’s stock in a transaction on Tuesday, June 17th. The shares were sold at an average price of $303.70, for a total transaction of $898,040.90. Following the sale, the executive vice president owned 76,289 shares of the company’s stock, valued at $23,168,969.30. This represents a 3.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Adam Geller sold 3,662 shares of the company’s stock in a transaction on Wednesday, June 18th. The shares were sold at an average price of $306.72, for a total transaction of $1,123,208.64. Following the sale, the insider directly owned 46,813 shares in the company, valued at approximately $14,358,483.36. The trade was a 7.26% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 143,305 shares of company stock valued at $43,199,936 over the last quarter. 18.10% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Zscaler

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Parcion Private Wealth LLC raised its stake in shares of Zscaler by 3.3% in the second quarter. Parcion Private Wealth LLC now owns 1,200 shares of the company’s stock valued at $377,000 after acquiring an additional 38 shares during the period. Secure Asset Management LLC raised its stake in shares of Zscaler by 1.8% in the second quarter. Secure Asset Management LLC now owns 2,436 shares of the company’s stock valued at $765,000 after acquiring an additional 43 shares during the period. Tlwm raised its stake in shares of Zscaler by 1.0% in the second quarter. Tlwm now owns 4,649 shares of the company’s stock valued at $1,460,000 after acquiring an additional 44 shares during the period. Sepio Capital LP raised its stake in shares of Zscaler by 0.6% in the second quarter. Sepio Capital LP now owns 8,209 shares of the company’s stock valued at $2,577,000 after acquiring an additional 45 shares during the period. Finally, Smartleaf Asset Management LLC raised its stake in shares of Zscaler by 7.5% in the second quarter. Smartleaf Asset Management LLC now owns 648 shares of the company’s stock valued at $204,000 after acquiring an additional 45 shares during the period. 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.