Zacks Research Has Bullish Estimate for Zscaler Q1 Earnings

Zscaler, Inc. (NASDAQ:ZS) – Research analysts at Zacks Research raised their Q1 2026 earnings estimates for Zscaler in a report released on Tuesday, September 23rd. Zacks Research analyst Team now anticipates that the company will post earnings of ($0.07) per share for the quarter, up from their previous forecast of ($0.12). Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Zscaler’s current full-year earnings is ($0.10) per share. Zacks Research also issued estimates for Zscaler’s Q2 2026 earnings at ($0.05) EPS, Q3 2026 earnings at ($0.02) EPS, Q4 2026 earnings at ($0.03) EPS, FY2026 earnings at ($0.16) EPS, Q1 2027 earnings at ($0.07) EPS, Q2 2027 earnings at ($0.06) EPS, Q3 2027 earnings at ($0.07) EPS, Q4 2027 earnings at ($0.08) EPS, FY2027 earnings at ($0.29) EPS and FY2028 earnings at ($0.02) EPS.

Several other research analysts also recently issued reports on ZS. Scotiabank dropped their target price on shares of Zscaler from $360.00 to $334.00 and set a “sector outperform” rating on the stock in a research note on Wednesday, September 3rd. BTIG Research reiterated a “buy” rating on shares of Zscaler in a research note on Thursday, July 10th. Barclays upped their target price on shares of Zscaler from $300.00 to $320.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 3rd. Loop Capital boosted their price objective on shares of Zscaler from $250.00 to $260.00 and gave the company a “hold” rating in a report on Friday, May 30th. Finally, B. Riley began coverage on shares of Zscaler in a report on Tuesday, August 26th. They set a “neutral” rating and a $275.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Zscaler currently has an average rating of “Moderate Buy” and an average target price of $307.00.

Zscaler Trading Up 2.8%

NASDAQ:ZS opened at $294.65 on Friday. The company’s 50-day simple moving average is $280.46 and its 200 day simple moving average is $259.94. The firm has a market capitalization of $46.64 billion, a P/E ratio of -1,091.30 and a beta of 1.05. Zscaler has a one year low of $164.78 and a one year high of $318.46. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.01 and a quick ratio of 2.01.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 EPS 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 0.47%. The business had revenue of $719.23 million for the quarter, compared to analyst estimates of $707.15 million. During the same quarter in the previous year, the firm posted $0.88 earnings per share. 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.

Institutional Trading of Zscaler

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Parcion Private Wealth LLC increased its stake in shares of Zscaler by 3.3% in the second quarter. Parcion Private Wealth LLC now owns 1,200 shares of the company’s stock worth $377,000 after purchasing an additional 38 shares in the last quarter. Secure Asset Management LLC increased its stake in shares of Zscaler by 1.8% in the second quarter. Secure Asset Management LLC now owns 2,436 shares of the company’s stock worth $765,000 after purchasing an additional 43 shares in the last quarter. Tlwm increased its stake in shares of Zscaler by 1.0% in the second quarter. Tlwm now owns 4,649 shares of the company’s stock worth $1,460,000 after purchasing an additional 44 shares in the last quarter. Sepio Capital LP increased its stake in shares of Zscaler by 0.6% in the second quarter. Sepio Capital LP now owns 8,209 shares of the company’s stock worth $2,577,000 after purchasing an additional 45 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its stake in shares of Zscaler by 7.5% in the second quarter. Smartleaf Asset Management LLC now owns 648 shares of the company’s stock worth $204,000 after purchasing an additional 45 shares in the last quarter. 46.45% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Zscaler

In other Zscaler news, insider Adam Geller sold 10,464 shares of the company’s stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $284.25, for a total transaction of $2,974,392.00. Following the completion of the sale, the insider directly owned 43,478 shares of the company’s stock, valued at approximately $12,358,621.50. This represents a 19.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Raj Judge sold 4,524 shares of the company’s stock in a transaction that occurred on 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 sale, the executive vice president directly owned 73,832 shares of the company’s stock, valued at approximately $20,724,642.40. This represents a 5.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 32,878 shares of company stock valued at $9,266,002 in the last ninety days. Corporate insiders own 18.10% 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.