Zscaler (NASDAQ:ZS) Earns "Sell (D-)" Rating from Weiss Ratings

Zscaler (NASDAQ:ZS - Get Free Report)'s stock had its "sell (d-)" rating reaffirmed by analysts at Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.

A number of other equities research analysts have also weighed in on the stock. Wells Fargo & Company upgraded shares of Zscaler from an "equal weight" rating to an "overweight" rating and boosted their price objective for the stock from $260.00 to $385.00 in a report on Friday, June 13th. UBS Group lowered their price objective on shares of Zscaler from $365.00 to $350.00 and set a "buy" rating for the company in a report on Wednesday, September 3rd. Scotiabank lowered their price target on shares of Zscaler from $360.00 to $334.00 and set a "sector outperform" rating for the company in a report on Wednesday, September 3rd. Guggenheim reiterated a "neutral" rating on shares of Zscaler in a report on Wednesday, September 3rd. Finally, Rosenblatt Securities upped their price target on shares of Zscaler from $315.00 to $330.00 and gave the company a "buy" rating in a report on Wednesday, September 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $307.43.

Zscaler Trading Up 5.3%

Shares of ZS traded up $15.61 during mid-day trading on Wednesday, reaching $308.36. The company's stock had a trading volume of 1,008,555 shares, compared to its average volume of 2,078,882. The stock has a market cap of $48.81 billion, a PE ratio of -1,139.46 and a beta of 1.06. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.95. Zscaler has a 52 week low of $164.78 and a 52 week high of $318.46. The company's fifty day moving average price is $282.56 and its two-hundred day moving average price is $265.29.

Zscaler (NASDAQ:ZS - Get Free Report) last announced its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 earnings per share for the quarter, topping analysts' consensus estimates of $0.80 by $0.09. The firm had revenue of $719.23 million during the quarter, compared to analyst estimates of $707.15 million. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.47%. The business's quarterly revenue was up 21.3% on a year-over-year basis. During the same period in the previous year, the business 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. On average, analysts predict that Zscaler will post -0.1 earnings per share for the current fiscal year.

Insider Activity at Zscaler

In other news, insider Robert Schlossman sold 7,006 shares of the company's stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $305.57, for a total value of $2,140,823.42. Following the sale, the insider directly owned 76,132 shares of the company's stock, valued at $23,263,655.24. This represents a 8.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jagtar Singh Chaudhry sold 2,865 shares of the company's stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total transaction of $804,205.50. Following the completion of the sale, the chief executive officer directly owned 350,700 shares in the company, valued at $98,441,490. This represents a 0.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 39,884 shares of company stock valued at $11,406,825 in the last 90 days. 18.10% of the stock is owned by company insiders.

Institutional Trading of Zscaler

Several institutional investors have recently bought and sold shares of ZS. ORG Partners LLC grew its position in Zscaler by 284.8% during the 1st quarter. ORG Partners LLC now owns 127 shares of the company's stock valued at $26,000 after purchasing an additional 94 shares during the last quarter. SVB Wealth LLC purchased a new stake in shares of Zscaler during the 1st quarter valued at about $26,000. Goodman Advisory Group LLC purchased a new stake in shares of Zscaler during the 1st quarter valued at about $29,000. N.E.W. Advisory Services LLC purchased a new stake in shares of Zscaler during the 1st quarter valued at about $29,000. Finally, CVA Family Office LLC boosted its holdings in shares of Zscaler by 120.3% during the 1st quarter. CVA Family Office LLC now owns 152 shares of the company's stock valued at $30,000 after acquiring an additional 83 shares during the last quarter. 46.45% of the stock is owned by hedge funds and other institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.