Brokerages Set Zscaler, Inc. (NASDAQ:ZS) PT at $214.21

Shares of Zscaler, Inc. (NASDAQ:ZS) have been given an average rating of “Moderate Buy” by the forty-one ratings firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, six have assigned a hold rating and thirty-four have issued a buy rating on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $215.3590.

ZS has been the subject of several research analyst reports. Evercore set a $155.00 target price on Zscaler and gave the stock an “in-line” rating in a research note on Wednesday, May 27th. TD Cowen increased their price target on Zscaler from $180.00 to $200.00 and gave the company a “buy” rating in a research note on Monday, August 17th. Royal Bank Of Canada restated an “outperform” rating and issued a $200.00 price target on shares of Zscaler in a research note on Wednesday, June 10th. Wells Fargo & Company raised their price target on Zscaler from $180.00 to $210.00 and gave the company an “overweight” rating in a report on Monday, August 17th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Zscaler in a research report on Tuesday, June 9th.

Insider Activity at Zscaler

In other news, CEO Jagtar Singh Chaudhry sold 2,878 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total transaction of $363,865.54. Following the completion of the sale, the chief executive officer owned 343,038 shares in the company, valued at approximately $43,370,294.34. This trade represents a 0.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Robert Schlossman sold 3,146 shares of Zscaler stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $126.43, for a total transaction of $397,748.78. Following the sale, the insider directly owned 69,366 shares of the company’s stock, valued at $8,769,943.38. The trade was a 4.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 16,269 shares of company stock valued at $2,052,589 over the last three months. Company insiders own 17.20% of the company’s stock.

Institutional Investors Weigh In On Zscaler

A number of institutional investors have recently made changes to their positions in the company. Kentucky Retirement Systems Insurance Trust Fund increased its stake in shares of Zscaler by 1.4% during the third quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 2,569 shares of the company’s stock worth $770,000 after purchasing an additional 36 shares during the period. Parallel Advisors LLC boosted its stake in Zscaler by 10.9% in the 3rd quarter. Parallel Advisors LLC now owns 397 shares of the company’s stock valued at $119,000 after purchasing an additional 39 shares during the period. Smartleaf Asset Management LLC grew its holdings in Zscaler by 7.5% in the 2nd quarter. Smartleaf Asset Management LLC now owns 648 shares of the company’s stock valued at $204,000 after buying an additional 45 shares in the last quarter. Yousif Capital Management LLC grew its holdings in Zscaler by 3.8% in the 4th quarter. Yousif Capital Management LLC now owns 1,326 shares of the company’s stock valued at $274,000 after buying an additional 48 shares in the last quarter. Finally, Larson Financial Group LLC grew its holdings in Zscaler by 2.6% in the 3rd quarter. Larson Financial Group LLC now owns 2,040 shares of the company’s stock valued at $611,000 after buying an additional 52 shares in the last quarter. Institutional investors own 46.45% of the company’s stock.

Trending Headlines about Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: KeyBanc raised its price target to $210 from a lower prior target, citing what it views as a valuation discount and potential for the cybersecurity company to regain investor confidence. KeyBanc upgrades Zscaler price target
• Positive Sentiment: Additional bullish analyst actions supported the stock. Mizuho lifted its price target to $210, Stifel Nicolaus raised its target to $200, and Cantor Fitzgerald assigned Zscaler an “Overweight” rating. The actions suggest Wall Street sees upside despite the stock’s sharp decline from its 52-week high. Mizuho raises Zscaler price target Stifel raises Zscaler price target Cantor Fitzgerald rates Zscaler Overweight
• Positive Sentiment: Rising AI-driven cyber threats reinforce demand for Zscaler’s platform. NTT DATA CEO Abhijit Dubey said frontier AI is making attacks more sophisticated, expanding the attack surface, and accelerating attacks to machine speed—an industry trend that could increase demand for cloud-based zero-trust security. AI and cybersecurity threats
• Positive Sentiment: Zscaler’s expanded Carahsoft partnership targets U.S. small and midsize businesses with standardized bundles, simpler pricing, and broader partner enablement. The initiative could diversify Zscaler’s customer base and create an additional growth channel beyond large enterprises. Zscaler and Carahsoft SMB partnership
• Negative Sentiment: AI-lab IPO speculation remains a risk to sentiment. Reports that Anthropic may pursue a massive public offering renewed concerns that investors could redirect capital from enterprise software stocks toward AI companies, contributing to recent pressure on Zscaler. Zscaler and AI IPO concerns

Zscaler Trading Up 3.9%

Shares of NASDAQ:ZS opened at $181.74 on Friday. Zscaler has a 52-week low of $114.63 and a 52-week high of $336.99. The company has a market capitalization of $29.39 billion, a P/E ratio of -378.62, a price-to-earnings-growth ratio of 71.33 and a beta of 0.94. The company has a 50-day simple moving average of $151.10 and a 200 day simple moving average of $150.54. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.86 and a current ratio of 1.86.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings results on Tuesday, May 26th. The company reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.07. The business had revenue of $850.48 million during the quarter, compared to analysts’ expectations of $835.14 million. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.Zscaler’s quarterly revenue was up 25.4% on a year-over-year basis. During the same quarter last year, the company posted $0.84 earnings per share. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. Sell-side analysts forecast that Zscaler will post 0.13 earnings per share for the current year.

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.