Zscaler (NASDAQ:ZS) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Zscaler (NASDAQ:ZS) had its price objective hoisted by equities research analysts at JPMorgan Chase & Co. from $351.00 to $354.00 in a report issued on Wednesday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 37.35% from the stock’s current price.

Several other analysts also recently issued reports on ZS. Mizuho set a $310.00 target price on Zscaler in a research note on Wednesday. BMO Capital Markets raised their price objective on Zscaler from $295.00 to $315.00 and gave the company an “outperform” rating in a research report on Wednesday, September 3rd. BTIG Research reiterated a “buy” rating and issued a $365.00 target price on shares of Zscaler in a research report on Wednesday. Susquehanna lifted 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. Finally, KeyCorp increased their target price on Zscaler from $345.00 to $350.00 and gave the company an “overweight” rating in a research report on Wednesday, September 3rd. One analyst has rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Zscaler currently has an average rating of “Moderate Buy” and a consensus price target of $316.82.

Zscaler Trading Down 11.0%

Shares of NASDAQ:ZS traded down $31.99 on Wednesday, hitting $257.74. The company had a trading volume of 5,032,201 shares, compared to its average volume of 1,982,047. The firm’s 50-day simple moving average is $305.82 and its two-hundred day simple moving average is $291.48. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.95. The firm has a market capitalization of $41.10 billion, a price-to-earnings ratio of -955.57 and a beta of 1.06. Zscaler has a 1 year low of $164.78 and a 1 year high of $336.99.

Zscaler (NASDAQ:ZS) last announced its earnings results on Tuesday, November 25th. The company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.11. The firm had revenue of $788.11 million during the quarter, compared to analyst estimates of $773.86 million. Zscaler had a negative return on equity of 0.47% and a negative net margin of 1.55%.The business’s revenue was up 25.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.77 EPS. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS. Q2 2026 guidance at 0.890-0.900 EPS. Equities analysts anticipate that Zscaler will post -0.1 earnings per share for the current fiscal year.

Insider Transactions at Zscaler

In other Zscaler news, CEO Jagtar Singh Chaudhry sold 2,865 shares of the business’s stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total value of $804,205.50. Following the completion of the transaction, the chief executive officer directly owned 350,700 shares in the company, valued at approximately $98,441,490. The trade was a 0.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Adam Geller sold 11,193 shares of the business’s stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total value of $3,141,875.10. Following the completion of the transaction, the insider directly owned 53,942 shares of the company’s stock, valued at approximately $15,141,519.40. This trade represents a 17.18% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 43,084 shares of company stock worth $12,446,825 over the last quarter. 18.10% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Zscaler

Several large investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in Zscaler by 6.1% in the 3rd quarter. Vanguard Group Inc. now owns 11,367,903 shares of the company’s stock worth $3,406,506,000 after purchasing an additional 652,771 shares during the period. Goldman Sachs Group Inc. lifted its position in Zscaler by 23.4% in the first quarter. Goldman Sachs Group Inc. now owns 3,048,238 shares of the company’s stock valued at $604,831,000 after buying an additional 578,883 shares during the last quarter. T. Rowe Price Investment Management Inc. acquired a new stake in shares of Zscaler in the first quarter valued at $516,622,000. State Street Corp increased its stake in Zscaler by 4.5% during the third quarter. State Street Corp now owns 2,259,804 shares of the company’s stock worth $677,173,000 after purchasing an additional 97,366 shares during the period. Finally, First Trust Advisors LP lifted its holdings in Zscaler by 9.5% during the 3rd quarter. First Trust Advisors LP now owns 2,228,134 shares of the company’s stock worth $667,682,000 after buying an additional 193,281 shares in the last quarter. 46.45% of the stock is currently owned by institutional investors and hedge funds.

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.