Zscaler (NASDAQ:ZS) Given New $267.00 Price Target at JPMorgan Chase & Co.

Zscaler (NASDAQ:ZS) had its price objective cut by JPMorgan Chase & Co. from $354.00 to $267.00 in a research note issued to investors on Friday,Benzinga reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 66.34% from the company’s current price.

A number of other research analysts have also recently weighed in on ZS. Morgan Stanley set a $305.00 price objective on Zscaler in a research report on Thursday, December 18th. HC Wainwright reiterated a “buy” rating on shares of Zscaler in a research report on Wednesday, November 26th. Bank of America decreased their price objective on shares of Zscaler from $355.00 to $335.00 and set a “buy” rating on the stock in a research report on Wednesday, November 26th. Berenberg Bank lowered their target price on shares of Zscaler from $400.00 to $390.00 and set a “buy” rating on the stock in a research note on Friday, November 28th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $250.00 price target on shares of Zscaler in a research note on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Zscaler has a consensus rating of “Moderate Buy” and a consensus price target of $304.78.

Zscaler Stock Performance

NASDAQ ZS traded down $8.48 during trading hours on Friday, hitting $160.51. 2,105,144 shares of the company’s stock traded hands, compared to its average volume of 2,147,584. The business’s fifty day moving average price is $208.26 and its two-hundred day moving average price is $260.39. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 0.86. The firm has a market capitalization of $25.60 billion, a P/E ratio of -617.35, a P/E/G ratio of 350.89 and a beta of 1.02. Zscaler has a 52 week low of $161.50 and a 52 week high of $336.99.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings results on Tuesday, November 25th. The company reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.11. The business had revenue of $788.11 million for the quarter, compared to analysts’ expectations of $773.86 million. Zscaler had a negative net margin of 1.45% and a negative return on equity of 0.12%. The company’s revenue was up 25.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.77 EPS. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS and its Q2 2026 guidance at 0.890-0.900 EPS. Equities research analysts predict that Zscaler will post -0.1 EPS for the current year.

Insider Activity at Zscaler

In other news, insider Adam Geller sold 2,060 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $230.82, for a total transaction of $475,489.20. Following the sale, the insider directly owned 52,148 shares of the company’s stock, valued at $12,036,801.36. This represents a 3.80% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Robert Schlossman sold 3,084 shares of the stock in a transaction that occurred on 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 owned 77,002 shares of the company’s stock, valued at $17,773,601.64. This represents a 3.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 19,350 shares of company stock valued at $4,471,509 in the last 90 days. 17.20% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Zscaler

A number of hedge funds have recently bought and sold shares of the business. Sunbelt Securities Inc. lifted its stake in Zscaler by 92.9% in the fourth quarter. Sunbelt Securities Inc. now owns 3,755 shares of the company’s stock worth $845,000 after purchasing an additional 1,808 shares during the last quarter. Kovitz Investment Group Partners LLC raised its holdings in shares of Zscaler by 618.0% in the fourth quarter. Kovitz Investment Group Partners LLC now owns 6,785 shares of the company’s stock worth $1,526,000 after buying an additional 5,840 shares during the period. Mcguire Capital Advisors Inc. bought a new stake in shares of Zscaler during the 4th quarter worth approximately $32,000. Invesco Ltd. boosted its holdings in Zscaler by 13.8% during the 4th quarter. Invesco Ltd. now owns 1,469,657 shares of the company’s stock valued at $330,555,000 after acquiring an additional 178,692 shares during the period. Finally, Rare Wolf Capital LLC bought a new position in Zscaler in the 4th quarter valued at $425,000. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Zscaler Company Profile

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.