Zscaler (NASDAQ:ZS) Research Coverage Started at Wells Fargo & Company

Wells Fargo & Company assumed coverage on shares of Zscaler (NASDAQ:ZS) in a report published on Tuesday morning, Marketbeat Ratings reports. The firm issued an overweight rating and a $200.00 target price on the stock.

Other equities research analysts also recently issued reports about the stock. The Goldman Sachs Group reduced their price target on shares of Zscaler from $290.00 to $257.00 and set a “neutral” rating for the company in a research report on Monday. Stephens reduced their price objective on Zscaler from $340.00 to $225.00 and set an “overweight” rating for the company in a report on Monday, February 23rd. BTIG Research lowered their target price on Zscaler from $365.00 to $209.00 and set a “buy” rating on the stock in a report on Tuesday, February 24th. Citizens Jmp dropped their price target on Zscaler from $355.00 to $290.00 and set a “market outperform” rating for the company in a research report on Friday, February 27th. Finally, Sanford C. Bernstein upgraded shares of Zscaler from a “market perform” rating to an “outperform” rating and set a $228.00 price objective on the stock in a research report on Friday, February 13th. Two analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, six have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $267.92.

Zscaler Trading Up 3.7%

NASDAQ:ZS opened at $161.96 on Tuesday. Zscaler has a 1 year low of $140.56 and a 1 year high of $336.99. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.90 and a current ratio of 1.90. The stock has a fifty day moving average price of $192.96 and a two-hundred day moving average price of $251.88. The stock has a market capitalization of $26.04 billion, a price-to-earnings ratio of -385.62, a PEG ratio of 648.56 and a beta of 1.07.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings results on Thursday, February 26th. The company reported $1.01 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.12. Zscaler had a negative net margin of 2.25% and a positive return on equity of 0.06%. The business had revenue of $815.75 million for the quarter, compared to analysts’ expectations of $798.92 million. During the same period in the prior year, the company posted $0.78 EPS. The business’s revenue for the quarter was up 25.9% on a year-over-year basis. Zscaler has set its Q3 2026 guidance at 1.000-1.010 EPS and its FY 2026 guidance at 3.990-4.020 EPS. As a group, sell-side analysts anticipate that Zscaler will post -0.1 earnings per share for the current fiscal year.

Insider Transactions at Zscaler

In other Zscaler news, insider Robert Schlossman sold 3,084 shares of the company’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total value of $711,848.88. Following the transaction, the insider directly owned 77,002 shares in the company, valued at approximately $17,773,601.64. This represents a 3.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Raj Judge sold 3,438 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $230.82, for a total transaction of $793,559.16. Following the sale, the executive vice president directly owned 70,394 shares in the company, valued at $16,248,343.08. This represents a 4.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 19,350 shares of company stock worth $4,471,509 in the last ninety days. Company insiders own 17.20% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of ZS. Bessemer Group Inc. lifted its stake in shares of Zscaler by 3.2% during the 3rd quarter. Bessemer Group Inc. now owns 1,021 shares of the company’s stock worth $306,000 after purchasing an additional 32 shares during the period. Cox Capital Mgt LLC lifted its position in Zscaler by 0.6% during the third quarter. Cox Capital Mgt LLC now owns 5,576 shares of the company’s stock worth $1,671,000 after buying an additional 33 shares during the period. Brookstone Capital Management boosted its stake in Zscaler by 3.7% in the 3rd quarter. Brookstone Capital Management now owns 936 shares of the company’s stock worth $280,000 after buying an additional 33 shares during the last quarter. Wedbush Securities Inc. grew its holdings in Zscaler by 0.7% in the 3rd quarter. Wedbush Securities Inc. now owns 5,129 shares of the company’s stock valued at $1,537,000 after buying an additional 34 shares during the period. Finally, Goldstream Capital Management Ltd increased its stake in shares of Zscaler by 0.3% during the 3rd quarter. Goldstream Capital Management Ltd now owns 12,450 shares of the company’s stock valued at $3,731,000 after acquiring an additional 34 shares during the last quarter. 46.45% of the stock is currently owned by institutional investors and hedge funds.

About Zscaler

Zscaler is a cloud security company that delivers a cloud-native platform to protect users, applications and data as organizations move away from traditional, network-centric security architectures. The company focuses on a zero trust approach that assumes no implicit trust for users or devices, providing secure access to the internet, SaaS applications and private applications regardless of where users are located. Zscaler positions its services as an alternative to legacy appliances and site-centric VPNs, aiming to simplify security while enabling modern, distributed workforces.

Key offerings are built around the Zscaler Zero Trust Exchange, a multi-tenant cloud platform that enforces security and access policies in-line.