Zscaler (NASDAQ:ZS) Price Target Lowered to $250.00 at Truist Financial

Zscaler (NASDAQ:ZS) had its price objective trimmed by Truist Financial from $350.00 to $250.00 in a research note released on Tuesday morning,Benzinga reports. The firm currently has a buy rating on the stock.

ZS has been the topic of a number of other reports. Wedbush increased their price target on Zscaler from $330.00 to $350.00 and gave the stock an “outperform” rating in a research report on Monday, November 10th. Mizuho lowered their price objective on Zscaler from $310.00 to $265.00 and set an “outperform” rating for the company in a research note on Tuesday. Royal Bank Of Canada reiterated an “outperform” rating and issued a $250.00 target price on shares of Zscaler in a research note on Wednesday, February 11th. Weiss Ratings reissued a “sell (d-)” rating on shares of Zscaler in a report on Wednesday, January 21st. Finally, Capital One Financial set a $320.00 price objective on shares of Zscaler and gave the stock an “overweight” rating in a report on Wednesday, November 26th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $310.65.

Zscaler Stock Performance

Shares of ZS opened at $172.59 on Tuesday. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 0.86. Zscaler has a 52-week low of $162.87 and a 52-week high of $336.99. The company has a 50-day simple moving average of $211.15 and a 200-day simple moving average of $261.66. The company has a market capitalization of $27.52 billion, a PE ratio of -663.78, a P/E/G ratio of 362.29 and a beta of 1.02.

Zscaler (NASDAQ:ZS) last announced its earnings results on Tuesday, November 25th. The company reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.11. The company had revenue of $788.11 million during the quarter, compared to analysts’ expectations of $773.86 million. Zscaler had a negative net margin of 1.45% and a negative return on equity of 0.12%. The firm’s quarterly revenue was up 25.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.77 earnings per share. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS and its Q2 2026 guidance at 0.890-0.900 EPS. Equities research analysts predict that Zscaler will post -0.1 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Zscaler news, CEO Jagtar Singh Chaudhry sold 2,843 shares of the company’s stock in a transaction that occurred on 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 owned 347,857 shares in the company, valued at approximately $80,292,352.74. This represents a 0.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Kevin Rubin sold 3,303 shares of the company’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $230.82, for a total transaction of $762,398.46. Following the completion of the transaction, the chief financial officer directly owned 48,161 shares in the company, valued at $11,116,522.02. This trade represents a 6.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 19,350 shares of company stock worth $4,471,509. Corporate insiders own 17.20% of the company’s stock.

Institutional Trading of Zscaler

Institutional investors and hedge funds have recently modified their holdings of the company. Guggenheim Capital LLC raised its holdings in Zscaler by 4.4% in the 4th quarter. Guggenheim Capital LLC now owns 65,606 shares of the company’s stock worth $14,756,000 after acquiring an additional 2,746 shares during the period. EFG International AG bought a new stake in Zscaler during the fourth quarter valued at about $7,202,000. Cetera Investment Advisers grew its position in shares of Zscaler by 16.0% in the fourth quarter. Cetera Investment Advisers now owns 34,062 shares of the company’s stock valued at $7,661,000 after purchasing an additional 4,695 shares during the last quarter. Jain Global LLC increased its stake in shares of Zscaler by 41.7% in the fourth quarter. Jain Global LLC now owns 160,461 shares of the company’s stock worth $36,091,000 after purchasing an additional 47,226 shares during the period. Finally, Laird Norton Wetherby Trust Company LLC acquired a new position in shares of Zscaler during the 4th quarter worth about $388,000. 46.45% of the stock is currently owned by institutional investors and hedge funds.

Zscaler Company Profile

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.