Zscaler (NASDAQ:ZS) Stock Price Expected to Rise, Evercore ISI Analyst Says

Zscaler (NASDAQ:ZS) had its price target lifted by analysts at Evercore ISI from $290.00 to $320.00 in a research report issued to clients and investors on Wednesday, Marketbeat.com reports. The brokerage presently has an “outperform” rating on the stock. Evercore ISI’s target price would indicate a potential upside of 19.29% from the company’s current price.

Other equities analysts have also issued research reports about the stock. Loop Capital boosted their price target on shares of Zscaler from $250.00 to $260.00 and gave the company a “hold” rating in a report on Friday, May 30th. Cantor Fitzgerald reissued an “overweight” rating and issued a $340.00 price target on shares of Zscaler in a report on Wednesday. Bank of America boosted their price objective on shares of Zscaler from $285.00 to $340.00 and gave the company a “buy” rating in a research report on Monday, June 9th. UBS Group cut their price objective on shares of Zscaler from $365.00 to $350.00 and set a “buy” rating on the stock in a research report on Wednesday. Finally, Barclays boosted their price objective on shares of Zscaler from $290.00 to $300.00 and gave the company an “overweight” rating in a research report on Monday, August 25th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $307.00.

Zscaler Stock Down 0.9%

Shares of ZS stock opened at $268.25 on Wednesday. Zscaler has a 12-month low of $153.45 and a 12-month high of $318.46. The firm has a market capitalization of $41.77 billion, a price-to-earnings ratio of -993.52, a price-to-earnings-growth ratio of 250.14 and a beta of 1.05. The firm has a fifty day moving average of $286.12 and a 200-day moving average of $250.49.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analyst estimates of $707.15 million. During the same quarter in the previous year, the business earned $0.88 EPS. The firm’s 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. Research analysts expect that Zscaler will post -0.1 earnings per share for the current year.

Insider Activity

In other Zscaler news, insider Adam Geller sold 3,662 shares of the business’s stock in a transaction dated Wednesday, June 18th. The shares were sold at an average price of $306.72, for a total transaction of $1,123,208.64. Following the sale, the insider directly owned 46,813 shares of the company’s stock, valued at $14,358,483.36. The trade was a 7.26% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Raj Judge sold 2,957 shares of the business’s stock in a transaction dated Tuesday, June 17th. The stock was sold at an average price of $303.70, for a total transaction of $898,040.90. Following the sale, the executive vice president directly owned 76,289 shares in the company, valued at $23,168,969.30. This trade represents a 3.73% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 143,305 shares of company stock worth $43,199,936. 18.10% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Zscaler

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. GAMMA Investing LLC lifted its position in Zscaler by 43.1% during the 1st quarter. GAMMA Investing LLC now owns 641 shares of the company’s stock worth $127,000 after buying an additional 193 shares in the last quarter. Allworth Financial LP raised its holdings in shares of Zscaler by 47.4% in the 1st quarter. Allworth Financial LP now owns 1,002 shares of the company’s stock valued at $211,000 after purchasing an additional 322 shares during the period. Krane Funds Advisors LLC raised its holdings in shares of Zscaler by 36.4% in the 1st quarter. Krane Funds Advisors LLC now owns 1,667 shares of the company’s stock valued at $331,000 after purchasing an additional 445 shares during the period. Merit Financial Group LLC raised its holdings in shares of Zscaler by 42.0% in the 1st quarter. Merit Financial Group LLC now owns 6,197 shares of the company’s stock valued at $1,230,000 after purchasing an additional 1,832 shares during the period. Finally, National Pension Service raised its holdings in shares of Zscaler by 11.2% in the 1st quarter. National Pension Service now owns 171,847 shares of the company’s stock valued at $34,098,000 after purchasing an additional 17,342 shares during the period. 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.