Zscaler (NASDAQ:ZS) Price Target Raised to $330.00

Zscaler (NASDAQ:ZS) had its price target hoisted by Stifel Nicolaus from $295.00 to $330.00 in a report released on Wednesday morning, MarketBeat reports. Stifel Nicolaus currently has a buy rating on the stock.

Other equities analysts also recently issued reports about the company. Scotiabank raised their price objective on Zscaler from $310.00 to $360.00 and gave the stock a “sector outperform” rating in a report on Friday, June 6th. Roth Capital reiterated a “neutral” rating on shares of Zscaler in a report on Wednesday, May 28th. Truist Financial reiterated a “buy” rating and set a $300.00 target price (up from $260.00) on shares of Zscaler in a report on Friday, May 30th. JMP Securities raised their target price on Zscaler from $310.00 to $355.00 and gave the company a “market outperform” rating in a report on Tuesday, July 1st. Finally, JPMorgan Chase & Co. raised their target price on Zscaler from $292.00 to $348.00 and gave the company an “overweight” rating in a report on Monday, June 16th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $307.00.

Zscaler Price Performance

Zscaler stock opened at $274.20 on Wednesday. The stock’s 50-day moving average is $285.29 and its 200-day moving average is $250.88. The company has a market cap of $42.69 billion, a price-to-earnings ratio of -1,015.56, a price-to-earnings-growth ratio of 221.54 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 released its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.09. The company 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 company’s quarterly revenue was up 21.3% compared to the same quarter last year. During the same period last year, the business posted $0.88 EPS. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. Research analysts anticipate that Zscaler will post -0.1 EPS for the current year.

Insider Activity

In other news, insider Robert Schlossman sold 3,174 shares of Zscaler stock in a transaction that occurred on 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 owned 88,970 shares in the company, valued at approximately $27,142,077.90. This trade represents a 3.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Syam Nair sold 4,064 shares of Zscaler stock in a transaction that occurred on Tuesday, June 17th. The stock was sold at an average price of $303.70, for a total value of $1,234,236.80. Following the completion of the transaction, the insider owned 106,659 shares of the company’s stock, valued at approximately $32,392,338.30. The trade was a 3.67% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 143,305 shares of company stock worth $43,199,936 over the last quarter. Corporate insiders own 18.10% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. ORG Partners LLC grew its position in shares of Zscaler by 284.8% in 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 acquired a new position in shares of Zscaler in the 1st quarter worth approximately $26,000. Colonial Trust Co SC acquired a new position in shares of Zscaler in the 4th quarter worth approximately $28,000. Goodman Advisory Group LLC acquired a new position in shares of Zscaler in the 1st quarter worth approximately $29,000. Finally, N.E.W. Advisory Services LLC acquired a new position in shares of Zscaler in the 1st quarter worth approximately $29,000. Institutional investors and hedge funds 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.