Zscaler (NASDAQ:ZS) Given Buy Rating at Rosenblatt Securities

Rosenblatt Securities restated their buy rating on shares of Zscaler (NASDAQ:ZS) in a research note issued to investors on Wednesday,Benzinga reports. Rosenblatt Securities currently has a $365.00 price objective on the stock.

ZS has been the subject of several other reports. Bank of America dropped their price objective on shares of Zscaler from $355.00 to $335.00 and set a “buy” rating on the stock in a report on Wednesday. Scotiabank dropped their price target on Zscaler from $360.00 to $334.00 and set a “sector outperform” rating on the stock in a research note on Wednesday, September 3rd. Guggenheim reiterated a “neutral” rating on shares of Zscaler in a report on Wednesday, September 3rd. Susquehanna boosted their price objective on Zscaler from $320.00 to $340.00 and gave the company a “positive” rating in a report on Wednesday, September 3rd. Finally, Berenberg Bank initiated coverage on Zscaler in a research report on Tuesday, November 18th. They set a “buy” rating and a $400.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $316.82.

Zscaler Price Performance

Shares of ZS opened at $251.97 on Wednesday. The firm has a market cap of $40.18 billion, a PE ratio of -969.08 and a beta of 1.06. Zscaler has a 52-week low of $164.78 and a 52-week high of $336.99. The business’s 50 day moving average price is $305.27 and its two-hundred day moving average price is $291.21. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.01 and a current ratio of 2.01.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings data on Tuesday, November 25th. The company reported $0.96 EPS for the quarter, topping the consensus estimate of $0.85 by $0.11. Zscaler had a negative net margin of 1.45% and a negative return on equity of 0.12%. The company had revenue of $788.11 million during the quarter, compared to the consensus estimate of $773.86 million. During the same quarter last year, the firm posted $0.77 EPS. The company’s quarterly revenue was up 25.5% on a year-over-year basis. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS. Q2 2026 guidance at 0.890-0.900 EPS. On average, equities analysts anticipate that Zscaler will post -0.1 EPS for the current year.

Insider Buying and Selling

In other news, insider Robert Schlossman sold 3,200 shares of the company’s stock in a transaction on Friday, October 24th. The shares were sold at an average price of $325.00, for a total value of $1,040,000.00. Following the completion of the sale, the insider owned 80,086 shares in the company, valued at $26,027,950. This represents a 3.84% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Raj Judge sold 4,524 shares of the stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total transaction of $1,269,886.80. Following the completion of the sale, the executive vice president owned 73,832 shares of the company’s stock, valued at approximately $20,724,642.40. This represents a 5.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 43,084 shares of company stock worth $12,446,825. 18.10% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Zscaler

A number of institutional investors have recently added to or reduced their stakes in ZS. Binnacle Investments Inc bought a new position in shares of Zscaler during the 3rd quarter worth approximately $25,000. SVB Wealth LLC bought a new position in shares of Zscaler in the first quarter valued at approximately $26,000. Tradewinds Capital Management LLC increased its position in shares of Zscaler by 145.7% during the third quarter. Tradewinds Capital Management LLC now owns 86 shares of the company’s stock valued at $26,000 after acquiring an additional 51 shares during the last quarter. Root Financial Partners LLC purchased a new stake in shares of Zscaler during the third quarter valued at approximately $26,000. Finally, N.E.W. Advisory Services LLC bought a new stake in Zscaler during the first quarter worth $29,000. 46.45% of the stock is owned by institutional investors.

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.