Zscaler (NASDAQ:ZS) Raised to Outperform at Mizuho

Zscaler (NASDAQ:ZS) was upgraded by Mizuho from a “neutral” rating to an “outperform” rating in a report released on Tuesday,Benzinga reports. The firm presently has a $310.00 target price on the stock. Mizuho’s target price points to a potential upside of 34.60% from the stock’s previous close.

Several other brokerages have also recently weighed in on ZS. Scotiabank lowered their price target on shares of Zscaler from $334.00 to $320.00 and set a “sector outperform” rating for the company in a research report on Wednesday, November 26th. Rosenblatt Securities reissued a “buy” rating and issued a $365.00 price objective on shares of Zscaler in a research note on Wednesday, November 26th. Zacks Research raised Zscaler from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 2nd. Guggenheim reiterated a “neutral” rating on shares of Zscaler in a report on Wednesday, September 3rd. Finally, BMO Capital Markets boosted their price target on Zscaler from $295.00 to $315.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 3rd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $323.45.

Zscaler Stock Down 2.5%

Shares of NASDAQ:ZS opened at $230.31 on Tuesday. The business’s 50 day moving average is $291.37 and its 200 day moving average is $290.80. The stock has a market cap of $36.73 billion, a P/E ratio of -885.77 and a beta of 1.07. Zscaler has a 52-week low of $164.78 and a 52-week high of $336.99. 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 (NASDAQ:ZS) last issued its earnings results on Tuesday, November 25th. The company reported $0.96 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $788.11 million during the quarter, compared to analysts’ expectations of $773.86 million. During the same period in the prior year, the business earned $0.77 EPS. The business’s revenue for the quarter was up 25.5% compared to the same quarter last year. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS and its Q2 2026 guidance at 0.890-0.900 EPS. Sell-side analysts predict that Zscaler will post -0.1 EPS for the current year.

Insider Activity

In other news, insider Robert Schlossman sold 7,006 shares of the business’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $305.57, for a total transaction of $2,140,823.42. Following the sale, the insider owned 76,132 shares in the company, valued at approximately $23,263,655.24. The trade was a 8.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Adam Geller sold 10,464 shares of the company’s 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 transaction, the insider owned 43,478 shares in the company, valued at approximately $12,358,621.50. This trade represents a 19.40% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 20,670 shares of company stock worth $6,155,215 over the last ninety days. 17.20% of the stock is currently owned by corporate insiders.

Institutional Trading of Zscaler

Institutional investors have recently bought and sold shares of the stock. Groupama Asset Managment increased its stake in Zscaler by 76,352.6% during the 3rd quarter. Groupama Asset Managment now owns 4,750,000 shares of the company’s stock valued at $1,423,385,000 after purchasing an additional 4,743,787 shares in the last quarter. T. Rowe Price Investment Management Inc. acquired a new stake in shares of Zscaler during the first quarter worth $516,622,000. Federated Hermes Inc. grew its holdings in shares of Zscaler by 314.0% during the second quarter. Federated Hermes Inc. now owns 1,171,983 shares of the company’s stock valued at $367,932,000 after buying an additional 888,888 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Zscaler by 8.3% in the 2nd quarter. Vanguard Group Inc. now owns 10,715,132 shares of the company’s stock valued at $3,363,909,000 after acquiring an additional 824,626 shares during the period. Finally, AQR Capital Management LLC increased its position in shares of Zscaler by 61.8% in the 3rd quarter. AQR Capital Management LLC now owns 1,941,571 shares of the company’s stock valued at $576,083,000 after acquiring an additional 741,756 shares during the period. 46.45% of the stock is currently owned by institutional investors and hedge funds.

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.