Zscaler (NASDAQ:ZS) Given New $390.00 Price Target at Berenberg Bank

Zscaler (NASDAQ:ZS) had its price objective trimmed by Berenberg Bank from $400.00 to $390.00 in a report published on Friday,MarketScreener reports. The brokerage currently has a buy rating on the stock.

Other equities research analysts have also recently issued reports about the stock. HC Wainwright reaffirmed a “buy” rating on shares of Zscaler in a research report on Wednesday. KeyCorp increased their price target on shares of Zscaler from $345.00 to $350.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 3rd. Royal Bank Of Canada raised their price objective on shares of Zscaler from $350.00 to $366.00 and gave the stock an “outperform” rating in a report on Wednesday, November 12th. JMP Securities reaffirmed a “market outperform” rating and set a $355.00 price objective on shares of Zscaler in a research report on Wednesday, September 3rd. Finally, Cantor Fitzgerald reissued an “overweight” rating on shares of Zscaler in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Zscaler has a consensus rating of “Moderate Buy” and a consensus target price of $316.56.

Zscaler Price Performance

Shares of ZS stock opened at $251.28 on Friday. The firm has a market cap of $40.07 billion, a P/E ratio of -966.42 and a beta of 1.06. Zscaler has a fifty-two week low of $164.78 and a fifty-two week high of $336.99. The business’s 50 day moving average price is $303.63 and its 200-day moving average price is $291.00. The company has a debt-to-equity ratio of 0.86, a quick ratio of 2.01 and a current ratio of 1.82.

Zscaler (NASDAQ:ZS) last announced its earnings results on Tuesday, November 25th. The company reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.11. Zscaler had a negative return on equity of 0.12% and a negative net margin of 1.45%.The company had revenue of $788.11 million during the quarter, compared to the consensus estimate of $773.86 million. During the same quarter in the prior year, the company earned $0.77 earnings per share. The firm’s revenue for the quarter 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 research analysts anticipate that Zscaler will post -0.1 earnings per share for the current year.

Insider Buying and Selling

In other news, EVP Raj Judge sold 4,524 shares of Zscaler stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total value of $1,269,886.80. Following the completion of the transaction, the executive vice president owned 73,832 shares of the company’s stock, valued at $20,724,642.40. The trade was a 5.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Adam Geller sold 10,464 shares of the stock in a transaction dated 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 sale, the insider directly owned 43,478 shares in the company, valued at $12,358,621.50. This trade represents a 19.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 43,084 shares of company stock valued at $12,446,825. 18.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Binnacle Investments Inc purchased a new stake in shares of Zscaler during the third quarter valued at approximately $25,000. SVB Wealth LLC bought a new position in Zscaler in the 1st quarter valued at approximately $26,000. Tradewinds Capital Management LLC lifted its position in Zscaler by 145.7% in the 3rd quarter. Tradewinds Capital Management LLC now owns 86 shares of the company’s stock valued at $26,000 after acquiring an additional 51 shares in the last quarter. Root Financial Partners LLC purchased a new stake in Zscaler during the 3rd quarter valued at $26,000. Finally, N.E.W. Advisory Services LLC bought a new stake in shares of Zscaler in the 1st quarter worth $29,000. 46.45% of the stock is owned by hedge funds and other 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.