Zscaler (NASDAQ:ZS) Given “Overweight” Rating at Cantor Fitzgerald

Zscaler (NASDAQ:ZS)‘s stock had its “overweight” rating reaffirmed by investment analysts at Cantor Fitzgerald in a research note issued to investors on Wednesday,Benzinga reports. They presently have a $225.00 price objective on the stock. Cantor Fitzgerald’s target price indicates a potential upside of 21.16% from the company’s previous close.

Other equities research analysts have also recently issued reports about the company. Wedbush reissued an “outperform” rating and issued a $220.00 target price on shares of Zscaler in a research note on Wednesday, June 10th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $179.00 price target on shares of Zscaler in a research report on Wednesday, May 27th. Scotiabank dropped their price target on shares of Zscaler from $190.00 to $175.00 and set a “sector outperform” rating on the stock in a research note on Wednesday, May 27th. Sanford C. Bernstein cut their price objective on shares of Zscaler from $228.00 to $224.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 27th. Finally, FBN Securities reissued an “outperform” rating and set a $175.00 price objective on shares of Zscaler in a research report on Wednesday, May 27th. Thirty-four research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $213.44.

Zscaler Price Performance

ZS stock opened at $185.70 on Wednesday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.86 and a current ratio of 1.86. The firm has a 50 day moving average price of $147.88 and a 200-day moving average price of $150.61. Zscaler has a 52-week low of $114.63 and a 52-week high of $336.99. The firm has a market capitalization of $30.03 billion, a price-to-earnings ratio of -386.87, a PEG ratio of 66.08 and a beta of 0.94.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.07. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.The company had revenue of $850.48 million during the quarter, compared to analyst estimates of $835.14 million. During the same quarter last year, the company earned $0.84 EPS. The firm’s revenue for the quarter 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. Equities research analysts forecast that Zscaler will post 0.12 EPS for the current fiscal year.

Insider Activity at Zscaler

In other news, insider Adam Geller sold 2,817 shares of the firm’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $122.60, for a total value of $345,364.20. Following the transaction, the insider directly owned 42,314 shares in the company, valued at $5,187,696.40. This trade represents a 6.24% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Kevin Rubin sold 503 shares of the stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $147.12, for a total value of $74,001.36. Following the completion of the transaction, the chief financial officer directly owned 41,398 shares in the company, valued at approximately $6,090,473.76. This represents a 1.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 16,269 shares of company stock worth $2,052,589. Company insiders own 17.20% of the company’s stock.

Institutional Investors Weigh In On Zscaler

Several hedge funds and other institutional investors have recently made changes to their positions in ZS. Vanguard Group Inc. grew its position in shares of Zscaler by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 11,423,424 shares of the company’s stock valued at $2,569,357,000 after acquiring an additional 55,521 shares during the period. BlackRock Inc. purchased a new stake in shares of Zscaler in the second quarter worth $1,396,028,000. First Trust Advisors LP increased its stake in shares of Zscaler by 36.2% in the first quarter. First Trust Advisors LP now owns 3,518,678 shares of the company’s stock worth $493,635,000 after purchasing an additional 935,781 shares in the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of Zscaler by 43.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,572,358 shares of the company’s stock valued at $578,576,000 after purchasing an additional 777,414 shares during the period. Finally, State Street Corp lifted its stake in shares of Zscaler by 3.4% during the 4th quarter. State Street Corp now owns 2,337,604 shares of the company’s stock valued at $525,774,000 after buying an additional 77,800 shares in the last quarter. 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.