Zscaler (NASDAQ:ZS – Get Free Report) was upgraded by research analysts at Mizuho from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Tuesday, MarketBeat reports. The brokerage currently has a $310.00 price objective on the stock. Mizuho’s price objective would indicate a potential upside of 36.91% from the company’s current price.
Several other research analysts have also issued reports on ZS. Susquehanna increased their price objective on Zscaler from $320.00 to $340.00 and gave the stock a “positive” rating in a research note on Wednesday, September 3rd. Citizens Jmp reaffirmed a “market outperform” rating and issued a $355.00 target price on shares of Zscaler in a report on Wednesday, November 26th. Evercore ISI increased their target price on shares of Zscaler from $290.00 to $320.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 3rd. Stifel Nicolaus reduced their price target on shares of Zscaler from $330.00 to $320.00 and set a “buy” rating on the stock in a research report on Wednesday, November 26th. Finally, Macquarie started coverage on shares of Zscaler in a research note on Friday, October 31st. They set an “outperform” rating and a $390.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $323.45.
Check Out Our Latest Analysis on ZS
Zscaler Stock Down 2.7%
Zscaler (NASDAQ:ZS – Get Free Report) last released its quarterly earnings data on Tuesday, November 25th. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.11. The company 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 company’s revenue was up 25.5% compared to the same quarter last year. During the same period in the prior 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 analysts predict that Zscaler will post -0.1 EPS for the current fiscal year.
Insider Buying and Selling at Zscaler
In related news, CFO Kevin Rubin sold 3,303 shares of the business’s 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 $762,398.46. Following the completion of the transaction, the chief financial officer owned 48,161 shares in the company, valued at $11,116,522.02. The trade was a 6.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Robert Schlossman sold 2,349 shares of the company’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $232.79, for a total value of $546,823.71. Following the transaction, the insider directly owned 74,653 shares in the company, valued at approximately $17,378,471.87. This represents a 3.05% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 28,903 shares of company stock valued at $7,504,284 over the last three months. Insiders own 17.20% of the company’s stock.
Institutional Trading of Zscaler
Institutional investors and hedge funds have recently made changes to their positions in the business. Bessemer Group Inc. grew its position 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 buying an additional 32 shares during the period. Cox Capital Mgt LLC boosted its stake in Zscaler by 0.6% during the 3rd quarter. Cox Capital Mgt LLC now owns 5,576 shares of the company’s stock worth $1,671,000 after acquiring an additional 33 shares during the last quarter. Brookstone Capital Management grew its holdings in Zscaler by 3.7% during the third quarter. Brookstone Capital Management now owns 936 shares of the company’s stock valued at $280,000 after purchasing an additional 33 shares during the period. Wedbush Securities Inc. grew its holdings in Zscaler by 0.7% during the third quarter. Wedbush Securities Inc. now owns 5,129 shares of the company’s stock valued at $1,537,000 after purchasing an additional 34 shares during the period. Finally, Goldstream Capital Management Ltd increased its stake in Zscaler by 0.3% in the third quarter. Goldstream Capital Management Ltd now owns 12,450 shares of the company’s stock valued at $3,731,000 after purchasing an additional 34 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.
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