Zscaler (NASDAQ:ZS) Given New $209.00 Price Target at BTIG Research

Zscaler (NASDAQ:ZS) had its target price decreased by BTIG Research from $365.00 to $209.00 in a research report report published on Tuesday morning, MarketBeat reports. BTIG Research currently has a buy rating on the stock.

Other equities analysts have also recently issued reports about the stock. Needham & Company LLC lowered their price objective on shares of Zscaler from $350.00 to $310.00 and set a “buy” rating for the company in a research report on Wednesday, November 26th. Bank of America dropped their price target on Zscaler from $355.00 to $335.00 and set a “buy” rating for the company in a research note on Wednesday, November 26th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $250.00 target price on shares of Zscaler in a report on Wednesday, February 11th. Barclays set a $220.00 price target on Zscaler in a research note on Thursday, February 19th. Finally, UBS Group dropped their price objective on shares of Zscaler from $350.00 to $340.00 and set a “buy” rating for the company in a report on Wednesday, November 26th. One investment analyst has rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $293.84.

Zscaler Price Performance

Zscaler stock opened at $149.36 on Tuesday. The stock has a fifty day moving average of $203.32 and a 200-day moving average of $257.39. The stock has a market capitalization of $23.82 billion, a P/E ratio of -574.44, a price-to-earnings-growth ratio of 292.08 and a beta of 1.02. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.82 and a current ratio of 1.82. Zscaler has a 52 week low of $141.56 and a 52 week high of $336.99.

Zscaler (NASDAQ:ZS) last released its earnings results on Tuesday, November 25th. The company reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.11. The firm had revenue of $788.11 million for the quarter, compared to analysts’ expectations of $773.86 million. Zscaler had a negative return on equity of 0.12% and a negative net margin of 1.45%.The business’s revenue for the quarter was up 25.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.77 earnings per share. On average, sell-side analysts expect that Zscaler will post -0.1 earnings per share for the current fiscal year.

Insider Activity at Zscaler

In related news, Director James A. Beer sold 653 shares of the business’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $226.72, for a total value of $148,048.16. Following the transaction, the director owned 3,485 shares in the company, valued at $790,119.20. The trade was a 15.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Adam Geller sold 1,620 shares of the company’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $232.79, for a total transaction of $377,119.80. Following the sale, the insider directly owned 50,528 shares in the company, valued at $11,762,413.12. This trade represents a 3.11% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 19,350 shares of company stock valued at $4,471,509 over the last 90 days. 17.20% of the stock is owned by company insiders.

Institutional Trading of Zscaler

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ZS. Bessemer Group Inc. grew its position in Zscaler by 3.2% in the 3rd quarter. Bessemer Group Inc. now owns 1,021 shares of the company’s stock valued at $306,000 after purchasing an additional 32 shares during the period. Cox Capital Mgt LLC lifted its stake in shares of Zscaler by 0.6% in the third quarter. Cox Capital Mgt LLC now owns 5,576 shares of the company’s stock valued at $1,671,000 after buying an additional 33 shares in the last quarter. Brookstone Capital Management grew its holdings in shares of Zscaler by 3.7% during the third quarter. Brookstone Capital Management now owns 936 shares of the company’s stock valued at $280,000 after buying an additional 33 shares during the last quarter. Wedbush Securities Inc. grew its holdings in shares of Zscaler by 0.7% during the third quarter. Wedbush Securities Inc. now owns 5,129 shares of the company’s stock valued at $1,537,000 after buying an additional 34 shares during the last quarter. Finally, Goldstream Capital Management Ltd increased its position in shares of Zscaler by 0.3% during the third quarter. Goldstream Capital Management Ltd now owns 12,450 shares of the company’s stock worth $3,731,000 after acquiring an additional 34 shares in the last quarter. 46.45% of the stock is owned by institutional investors.

Zscaler News Summary

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Zscaler and Bharti Airtel launched an AI & Cyber Threat Research Center to deepen Zscaler’s India footprint and AI security capabilities — a strategic win that supports long‑term revenue and local market influence. Article Title
• Positive Sentiment: A bullish Seeking Alpha piece highlights Zscaler’s strong retention, AI/data security expansion and a growing moat in AI‑agent security — a narrative that can attract long‑term investors despite near‑term margin noise. Article Title
• Positive Sentiment: Rosenblatt reaffirmed its Buy rating with a $280 price target, signalling continued analyst conviction in Zscaler’s growth thesis. Article Title
• Neutral Sentiment: Several large firms lowered price targets (JPMorgan to $267, Mizuho to $265, Robert W. Baird to $300) but generally kept Outperform/Buy ratings — this underscores belief in upside while acknowledging sector multiple compression. Article Title
• Negative Sentiment: BTIG cut its target sharply (from $365 to $209) and sector headlines around Anthropic’s new AI security tool triggered a broad selloff in cybersecurity names, creating near‑term downside risk and multiplier compression for ZS. Article Title
• Negative Sentiment: Market headlines (CNBC/Yahoo/MSN) show Zscaler and peers fell after the Anthropic tool launch, reflecting investor concerns that advanced AI tools may compress demand or replace some vendor workflows in security. Article Title

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.