Zscaler (NASDAQ:ZS) Price Target Raised to $210.00

Zscaler (NASDAQ:ZS) had its price target boosted by Mizuho from $185.00 to $210.00 in a research report report published on Wednesday,Benzinga reports. They currently have an outperform rating on the stock.

Several other analysts have also commented on the stock. Wolfe Research reiterated an “outperform” rating and issued a $150.00 price target on shares of Zscaler in a research report on Thursday, June 11th. Sanford C. Bernstein cut their price objective on Zscaler from $228.00 to $224.00 and set an “outperform” rating for the company in a research report on Wednesday, May 27th. TD Cowen upped their target price on Zscaler from $180.00 to $200.00 and gave the company a “buy” rating in a research note on Monday. Needham & Company LLC reiterated a “buy” rating and set a $180.00 target price on shares of Zscaler in a report on Wednesday, June 10th. Finally, JPMorgan Chase & Co. dropped their price target on Zscaler from $250.00 to $205.00 and set an “overweight” rating for the company in a research report on Wednesday, May 27th. Thirty-four investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $215.36.

Zscaler Trading Up 3.9%

Shares of ZS stock opened at $181.74 on Wednesday. The stock has a market cap of $29.39 billion, a P/E ratio of -378.62, a P/E/G ratio of 68.66 and a beta of 0.94. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.72. Zscaler has a fifty-two week low of $114.63 and a fifty-two week high of $336.99. The business has a fifty day simple moving average of $151.10 and a 200-day simple moving average of $150.54.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.07. Zscaler had a negative net margin of 2.44% and a negative return on equity of 0.37%. The firm had revenue of $850.48 million for the quarter, compared to analysts’ expectations of $835.14 million. During the same period in the prior year, the company earned $0.84 EPS. The firm’s revenue was up 25.4% on a year-over-year basis. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. On average, analysts forecast that Zscaler will post 0.12 earnings per share for the current fiscal year.

Insider Activity at Zscaler

In other news, CFO Kevin Rubin sold 3,000 shares of the business’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $124.22, for a total transaction of $372,660.00. Following the completion of the sale, the chief financial officer directly owned 41,901 shares of the company’s stock, valued at $5,204,942.22. The trade was a 6.68% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robert Schlossman sold 3,146 shares of the company’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $126.43, for a total value of $397,748.78. Following the sale, the insider owned 69,366 shares of the company’s stock, valued at approximately $8,769,943.38. The trade was a 4.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 16,269 shares of company stock worth $2,052,589. 17.20% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Zscaler

Institutional investors have recently added to or reduced their stakes in the company. Handelsbanken Fonder AB grew its stake in Zscaler by 89.6% during the second quarter. Handelsbanken Fonder AB now owns 60,933 shares of the company’s stock worth $8,601,000 after buying an additional 28,792 shares during the period. Assenagon Asset Management S.A. raised its stake in shares of Zscaler by 6.6% in the 2nd quarter. Assenagon Asset Management S.A. now owns 193,297 shares of the company’s stock valued at $27,284,000 after acquiring an additional 11,941 shares during the period. Oxbow Advisors LLC purchased a new position in shares of Zscaler in the 4th quarter valued at $2,939,000. Qsemble Capital Management LP lifted its holdings in shares of Zscaler by 105.5% during the 4th quarter. Qsemble Capital Management LP now owns 15,773 shares of the company’s stock valued at $3,548,000 after acquiring an additional 8,099 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of Zscaler by 44.3% during the 1st quarter. Bank of America Corp DE now owns 779,245 shares of the company’s stock valued at $109,320,000 after acquiring an additional 239,326 shares in the last quarter. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Zscaler News Roundup

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 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.