Berenberg Bank Lowers Zscaler (NASDAQ:ZS) Price Target to $390.00

Zscaler (NASDAQ:ZS) had its target price reduced by investment analysts at Berenberg Bank from $400.00 to $390.00 in a report released on Friday,MarketScreener reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price target indicates a potential upside of 55.21% from the company’s previous close.

ZS has been the subject of several other reports. Zacks Research upgraded Zscaler from a “strong sell” rating to a “hold” rating in a report on Thursday, October 2nd. Stifel Nicolaus decreased their price target on Zscaler from $330.00 to $320.00 and set a “buy” rating on the stock in a research note on Wednesday. BTIG Research reaffirmed a “buy” rating and set a $365.00 price target on shares of Zscaler in a research report on Wednesday. B. Riley initiated coverage on shares of Zscaler in a research report on Tuesday, August 26th. They set a “neutral” rating and a $275.00 price target on the stock. Finally, Wall Street Zen downgraded Zscaler from a “buy” rating to a “hold” rating in a research report on Saturday, October 18th. One investment analyst has rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $316.56.

Zscaler Trading Down 0.3%

ZS opened at $251.28 on Friday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 2.01 and a current ratio of 1.82. Zscaler has a one year low of $164.78 and a one year high of $336.99. The business’s 50-day simple moving average is $303.63 and its 200-day simple moving average is $291.32. The company has a market cap of $40.07 billion, a P/E ratio of -966.42 and a beta of 1.06.

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

Insiders Place Their Bets

In other news, insider Robert Schlossman sold 7,006 shares of the company’s stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $305.57, for a total value of $2,140,823.42. Following the completion of the transaction, the insider owned 76,132 shares in the company, valued at $23,263,655.24. This represents a 8.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Adam Geller sold 11,193 shares of the stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total transaction of $3,141,875.10. Following the sale, the insider directly owned 53,942 shares of the company’s stock, valued at $15,141,519.40. This represents a 17.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 43,084 shares of company stock worth $12,446,825. Company insiders own 18.10% of the company’s stock.

Institutional Trading of Zscaler

Institutional investors have recently made changes to their positions in the business. Binnacle Investments Inc acquired a new position in Zscaler during the third quarter valued at approximately $25,000. Tradewinds Capital Management LLC raised its stake in shares of Zscaler by 145.7% during the 3rd quarter. Tradewinds Capital Management LLC now owns 86 shares of the company’s stock worth $26,000 after purchasing an additional 51 shares in the last quarter. Root Financial Partners LLC acquired a new stake in shares of Zscaler in the 3rd quarter valued at approximately $26,000. McIlrath & Eck LLC acquired a new stake in shares of Zscaler in the 3rd quarter valued at approximately $29,000. Finally, Quaker Wealth Management LLC grew its stake in shares of Zscaler by 200.0% in the second quarter. Quaker Wealth Management LLC now owns 97 shares of the company’s stock valued at $30,000 after buying an additional 194 shares in the last quarter. Institutional investors 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.