Zscaler FY2026 EPS Estimate Decreased by Cantor Fitzgerald

Key Points

• Analysts from Cantor Fitzgerald have reduced their FY2026 earnings estimate for Zscaler to $0.17 per share, down from $0.20, while maintaining an "Overweight" rating and a target price of $340.00.
• Zscaler reported earnings of $0.89 per share for the latest quarter, exceeding expectations, and achieved revenue of $719.23 million, which was higher than the projected $707.15 million.
• Insiders have sold a total of 143,305 shares of Zscaler in the last quarter, indicating notable stock activity among major shareholders.

Zscaler, Inc. (NASDAQ:ZS - Free Report) - Stock analysts at Cantor Fitzgerald lowered their FY2026 earnings estimates for shares of Zscaler in a report issued on Wednesday, September 3rd. Cantor Fitzgerald analyst J. Ruykhaver now anticipates that the company will post earnings per share of $0.17 for the year, down from their prior forecast of $0.20. Cantor Fitzgerald currently has a "Overweight" rating and a $340.00 price target on the stock. The consensus estimate for Zscaler's current full-year earnings is ($0.10) per share.

A number of other equities research analysts have also recently issued reports on the stock. Scotiabank dropped their target price on shares of Zscaler from $360.00 to $334.00 and set a "sector outperform" rating for the company in a research report on Wednesday. Susquehanna raised their price objective on shares of Zscaler from $320.00 to $340.00 and gave the company a "positive" rating in a research report on Wednesday. Bank of America raised their price objective on shares of Zscaler from $285.00 to $340.00 and gave the company a "buy" rating in a research report on Monday, June 9th. Stephens restated an "overweight" rating and issued a $255.00 price objective on shares of Zscaler in a research report on Tuesday, May 27th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Zscaler from $348.00 to $351.00 and gave the company an "overweight" rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine 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 company presently has an average rating of "Moderate Buy" and an average target price of $307.00.

Zscaler Trading Up 2.2%

Shares of Zscaler stock traded up $5.95 during mid-day trading on Thursday, reaching $274.20. 1,620,011 shares of the stock were exchanged, compared to its average volume of 1,603,908. The company has a market cap of $42.69 billion, a price-to-earnings ratio of -1,015.56, a price-to-earnings-growth ratio of 226.46 and a beta of 1.05. The firm has a 50-day simple moving average of $285.29 and a 200 day simple moving average of $251.14. Zscaler has a fifty-two week low of $153.45 and a fifty-two week high of $318.46.

Zscaler (NASDAQ:ZS - Get Free Report) last announced its earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.80 by $0.09. The business had revenue of $719.23 million during the quarter, compared to analysts' expectations of $707.15 million. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.49%. The firm's revenue for the quarter was up 21.3% on a year-over-year basis. During the same quarter last year, the company posted $0.88 EPS. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS.

Insider Buying and Selling

In other news, insider Robert Schlossman sold 3,590 shares of the firm's stock in a transaction dated Tuesday, June 17th. The shares were sold at an average price of $303.70, for a total value of $1,090,283.00. Following the transaction, the insider owned 92,144 shares of the company's stock, valued at approximately $27,984,132.80. This trade represents a 3.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Syam Nair sold 4,064 shares of the firm's stock in a transaction dated Tuesday, June 17th. The shares were sold at an average price of $303.70, for a total transaction of $1,234,236.80. Following the completion of the transaction, the insider directly owned 106,659 shares in the company, valued at $32,392,338.30. This trade represents a 3.67% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 143,305 shares of company stock worth $43,199,936. 18.10% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of ZS. ORG Partners LLC boosted its stake in Zscaler by 284.8% during the 1st quarter. ORG Partners LLC now owns 127 shares of the company's stock worth $26,000 after acquiring an additional 94 shares during the last quarter. SVB Wealth LLC bought a new position in Zscaler during the 1st quarter worth approximately $26,000. Colonial Trust Co SC bought a new position in Zscaler during the 4th quarter worth approximately $28,000. Goodman Advisory Group LLC bought a new position in Zscaler during the 1st quarter worth approximately $29,000. Finally, N.E.W. Advisory Services LLC bought a new position in Zscaler during the 1st quarter worth approximately $29,000. Institutional investors own 46.45% of the company's stock.

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.