Zscaler, Inc. (NASDAQ:ZS – Free Report) – Research analysts at Cantor Fitzgerald issued their FY2026 earnings per share (EPS) estimates for Zscaler in a note issued to investors on Monday, June 9th. Cantor Fitzgerald analyst J. Ruykhaver anticipates that the company will post earnings of $0.20 per share for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $275.00 target price on the stock. The consensus estimate for Zscaler’s current full-year earnings is ($0.10) per share.
Other equities analysts have also issued reports about the stock. BNP Paribas raised shares of Zscaler from a “neutral” rating to an “outperform” rating and set a $260.00 target price on the stock in a research report on Monday, April 28th. Needham & Company LLC increased their price objective on Zscaler from $240.00 to $310.00 and gave the stock a “buy” rating in a research note on Friday, May 30th. Scotiabank raised their price objective on Zscaler from $310.00 to $360.00 and gave the stock a “sector outperform” rating in a report on Friday. BMO Capital Markets lifted their target price on Zscaler from $233.00 to $295.00 and gave the company an “outperform” rating in a research report on Friday, May 30th. Finally, Stephens reiterated an “overweight” rating and issued a $255.00 target price on shares of Zscaler in a report on Tuesday, May 27th. Nine equities research analysts have rated the stock with a hold rating, twenty-eight have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $286.79.
Zscaler Stock Performance
NASDAQ ZS opened at $299.90 on Tuesday. The stock has a 50 day moving average price of $231.71 and a 200-day moving average price of $210.23. Zscaler has a one year low of $153.45 and a one year high of $306.78. The company has a market capitalization of $46.69 billion, a P/E ratio of -1,199.60 and a beta of 1.09.
Zscaler (NASDAQ:ZS – Get Free Report) last issued its quarterly earnings results on Thursday, May 29th. The company reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.08. The business had revenue of $678.03 million during the quarter, compared to analysts’ expectations of $667.13 million. Zscaler had a negative return on equity of 0.75% and a negative net margin of 1.58%. The business’s quarterly revenue was up 22.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.88 earnings per share.
Institutional Investors Weigh In On Zscaler
A number of hedge funds and other institutional investors have recently bought and sold shares of ZS. ORG Partners LLC lifted its position in shares of Zscaler by 284.8% in the first quarter. ORG Partners LLC now owns 127 shares of the company’s stock valued at $26,000 after buying an additional 94 shares during the last quarter. SVB Wealth LLC bought a new stake in Zscaler in the 1st quarter valued at $26,000. Summit Securities Group LLC bought a new stake in Zscaler in the 4th quarter valued at $27,000. Colonial Trust Co SC acquired a new stake in Zscaler during the 4th quarter valued at $28,000. Finally, Stonebridge Financial Group LLC bought a new position in Zscaler during the fourth quarter worth $29,000. Institutional investors and hedge funds own 46.45% of the company’s stock.
Insiders Place Their Bets
In other Zscaler news, CEO Jagtar Singh Chaudhry sold 2,155 shares of the company’s stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $199.15, for a total transaction of $429,168.25. Following the completion of the sale, the chief executive officer now owns 356,414 shares in the company, valued at approximately $70,979,848.10. The trade was a 0.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, major shareholder Ajay Mangal sold 190,480 shares of the company’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $200.69, for a total value of $38,227,431.20. Following the completion of the sale, the insider now owns 2,580,210 shares of the company’s stock, valued at $517,822,344.90. This represents a 6.87% decrease in their position. The disclosure for this sale can be found here. Insiders sold 266,722 shares of company stock worth $57,583,648 over the last three months. 18.10% of the stock is currently owned by corporate insiders.
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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