Zscaler (NASDAQ:ZS) Price Target Cut to $250.00 by Analysts at Oppenheimer

Zscaler (NASDAQ:ZS) had its price objective decreased by Oppenheimer from $280.00 to $250.00 in a report issued on Tuesday morning,Benzinga reports. Oppenheimer currently has an outperform rating on the stock.

A number of other equities analysts have also weighed in on the stock. Barclays set a $220.00 target price on shares of Zscaler in a research report on Thursday, February 19th. BMO Capital Markets decreased their price target on shares of Zscaler from $315.00 to $210.00 and set an “outperform” rating on the stock in a research note on Friday, February 27th. Rosenblatt Securities reissued a “buy” rating and set a $280.00 price objective on shares of Zscaler in a report on Tuesday, February 24th. Truist Financial lowered their price objective on Zscaler from $350.00 to $250.00 and set a “buy” rating for the company in a research note on Tuesday, February 17th. Finally, Piper Sandler reduced their price objective on shares of Zscaler from $260.00 to $185.00 and set a “neutral” rating on the stock in a research report on Friday, February 27th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $267.13.

Zscaler Stock Down 3.7%

Shares of ZS opened at $156.61 on Tuesday. The business’s 50 day moving average is $188.90 and its 200 day moving average is $249.19. The company has a market capitalization of $25.18 billion, a PE ratio of -372.88 and a beta of 1.07. Zscaler has a 12-month low of $140.56 and a 12-month high of $336.99. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.78.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings results on Thursday, February 26th. The company reported $1.01 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.12. Zscaler had a positive return on equity of 0.06% and a negative net margin of 2.25%.The business had revenue of $815.75 million during the quarter, compared to the consensus estimate of $798.92 million. During the same period in the prior year, the company posted $0.78 EPS. The firm’s revenue for the quarter was up 25.9% compared to the same quarter last year. Zscaler has set its Q3 2026 guidance at 1.000-1.010 EPS and its FY 2026 guidance at 3.990-4.020 EPS. Research analysts expect that Zscaler will post -0.1 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CEO Jagtar Singh Chaudhry sold 2,843 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total value of $656,221.26. Following the transaction, the chief executive officer directly owned 347,857 shares of the company’s stock, valued at approximately $80,292,352.74. This trade represents a 0.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Raj Judge sold 3,438 shares of the business’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total transaction of $793,559.16. Following the transaction, the executive vice president directly owned 70,394 shares in the company, valued at approximately $16,248,343.08. The trade was a 4.66% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 19,350 shares of company stock worth $4,471,509 in the last ninety days. 17.20% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Zscaler

A number of institutional investors and hedge funds have recently made changes to their positions in ZS. EMC Capital Management increased its stake in Zscaler by 779.1% during the fourth quarter. EMC Capital Management now owns 3,780 shares of the company’s stock worth $819,000 after purchasing an additional 3,350 shares during the period. Worthington Financial Partners LLC acquired a new position in shares of Zscaler in the fourth quarter worth $720,000. Sentinel Dome Partners LLC purchased a new stake in shares of Zscaler during the fourth quarter worth $990,000. Ovata Capital Management Ltd acquired a new stake in shares of Zscaler in the fourth quarter valued at $873,000. Finally, Reflection Asset Management acquired a new stake in shares of Zscaler in the fourth quarter valued at $40,000. 46.45% of the stock is owned by hedge funds and other institutional investors.

About Zscaler

Zscaler is a cloud security company that delivers a cloud-native platform to protect users, applications and data as organizations move away from traditional, network-centric security architectures. The company focuses on a zero trust approach that assumes no implicit trust for users or devices, providing secure access to the internet, SaaS applications and private applications regardless of where users are located. Zscaler positions its services as an alternative to legacy appliances and site-centric VPNs, aiming to simplify security while enabling modern, distributed workforces.

Key offerings are built around the Zscaler Zero Trust Exchange, a multi-tenant cloud platform that enforces security and access policies in-line.