Barclays Raises Zscaler (NASDAQ:ZS) Price Target to $320.00

Zscaler (NASDAQ:ZS) had its price objective upped by research analysts at Barclays from $300.00 to $320.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Barclays‘s price target indicates a potential upside of 19.29% from the company’s current price.

Several other equities analysts also recently weighed in on ZS. BMO Capital Markets increased their price target on shares of Zscaler from $295.00 to $315.00 and gave the stock an “outperform” rating in a report on Wednesday. Mizuho increased their price target on shares of Zscaler from $275.00 to $290.00 and gave the stock a “neutral” rating in a report on Wednesday, June 4th. Roth Capital reaffirmed a “neutral” rating on shares of Zscaler in a research note on Wednesday, May 28th. FBN Securities raised shares of Zscaler to a “strong-buy” rating in a research note on Friday, May 30th. Finally, KeyCorp raised their price objective on shares of Zscaler from $345.00 to $350.00 and gave the stock an “overweight” rating in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $307.00.

Zscaler Trading Down 0.9%

Shares of NASDAQ:ZS opened at $268.25 on Wednesday. Zscaler has a twelve month low of $153.45 and a twelve month high of $318.46. The company’s 50 day moving average is $286.12 and its 200 day moving average is $250.49. The company has a market cap of $41.77 billion, a PE ratio of -993.52, a price-to-earnings-growth ratio of 250.14 and a beta of 1.05.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.09. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.49%. The company had revenue of $719.23 million for the quarter, compared to the consensus estimate of $707.15 million. During the same quarter in the prior year, the company earned $0.88 EPS. Zscaler’s quarterly revenue was up 21.3% on a year-over-year basis. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. Equities research analysts predict that Zscaler will post -0.1 earnings per share for the current fiscal year.

Insider Transactions at Zscaler

In related news, insider Syam Nair sold 4,064 shares of Zscaler stock in a transaction on Tuesday, June 17th. The shares were sold at an average price of $303.70, for a total value of $1,234,236.80. Following the sale, the insider owned 106,659 shares of the company’s stock, valued at approximately $32,392,338.30. This trade represents a 3.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Raj Judge sold 2,957 shares of Zscaler stock in a transaction on Tuesday, June 17th. The shares were sold at an average price of $303.70, for a total transaction of $898,040.90. Following the completion of the sale, the executive vice president directly owned 76,289 shares in the company, valued at $23,168,969.30. This represents a 3.73% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 143,305 shares of company stock worth $43,199,936 in the last ninety days. Company insiders own 18.10% of the company’s stock.

Institutional Investors Weigh In On Zscaler

A number of institutional investors have recently added to or reduced their stakes in ZS. T. Rowe Price Investment Management Inc. acquired a new stake in Zscaler in the 1st quarter valued at $516,622,000. Federated Hermes Inc. lifted its holdings in Zscaler by 314.0% in the 2nd quarter. Federated Hermes Inc. now owns 1,171,983 shares of the company’s stock valued at $367,932,000 after purchasing an additional 888,888 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Zscaler by 8.3% in the 2nd quarter. Vanguard Group Inc. now owns 10,715,132 shares of the company’s stock valued at $3,363,909,000 after purchasing an additional 824,626 shares in the last quarter. Nuveen LLC purchased a new position in Zscaler in the 1st quarter valued at $153,340,000. Finally, Goldman Sachs Group Inc. lifted its holdings in Zscaler by 23.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 3,048,238 shares of the company’s stock valued at $604,831,000 after purchasing an additional 578,883 shares in the last quarter. Institutional investors and hedge funds own 46.45% of the company’s stock.

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.