Zscaler (NASDAQ:ZS) Stock Price Expected to Rise, Barclays Analyst Says

Key Points

• Barclays has raised Zscaler's price target from $300.00 to $320.00, indicating a potential upside of 21.02% from its current price, while maintaining an "overweight" rating on the stock.
• Other analysts have also increased their price targets for Zscaler, with Stifel Nicolaus and Rosenblatt Securities both setting their targets at $330.00 with a "buy" rating.
• Zscaler's quarterly earnings report shows a 21.3% year-over-year revenue increase and earnings per share of $0.89, exceeding expectations of $0.80.

Zscaler (NASDAQ:ZS - Get Free Report) had its target price boosted by equities researchers at Barclays from $300.00 to $320.00 in a report released on Wednesday,Benzinga reports. The brokerage presently has an "overweight" rating on the stock. Barclays's price objective points to a potential upside of 15.77% from the stock's current price.

Several other research analysts have also weighed in on the stock. Piper Sandler raised their price objective on shares of Zscaler from $260.00 to $280.00 and gave the stock a "neutral" rating in a report on Wednesday, September 3rd. Oppenheimer raised their price objective on shares of Zscaler from $290.00 to $345.00 and gave the stock an "outperform" rating in a report on Friday, June 6th. Mizuho raised their price objective on shares of Zscaler from $275.00 to $290.00 and gave the stock a "neutral" rating in a report on Wednesday, June 4th. KeyCorp raised their price objective on shares of Zscaler from $345.00 to $350.00 and gave the stock an "overweight" rating in a report on Wednesday, September 3rd. Finally, Loop Capital raised their price objective on shares of Zscaler from $250.00 to $260.00 and gave the stock a "hold" rating in a report on Friday, May 30th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Zscaler has an average rating of "Moderate Buy" and a consensus price target of $307.00.

Zscaler Stock Up 0.8%

Shares of ZS stock traded up $2.21 during mid-day trading on Wednesday, reaching $276.41. The company's stock had a trading volume of 831,212 shares, compared to its average volume of 2,153,064. The company's 50 day simple moving average is $285.29 and its 200-day simple moving average is $251.44. Zscaler has a 12-month low of $153.45 and a 12-month high of $318.46. The firm has a market capitalization of $43.04 billion, a PE ratio of -1,023.64 and a beta of 1.05.

Zscaler (NASDAQ:ZS - Get Free Report) last released its quarterly earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share for the quarter, beating analysts' consensus estimates of $0.80 by $0.09. The business 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 0.49%. The business's revenue was up 21.3% on a year-over-year basis. During the same period last year, the business earned $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. As a group, research analysts anticipate that Zscaler will post -0.1 EPS for the current fiscal year.

Insider Transactions at Zscaler

In related news, insider Robert Schlossman sold 3,174 shares of Zscaler stock in a transaction dated Wednesday, June 18th. The shares were sold at an average price of $305.07, for a total value of $968,292.18. Following the sale, the insider directly owned 88,970 shares in the company, valued at $27,142,077.90. This trade represents a 3.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Raj Judge sold 2,957 shares of Zscaler stock in a transaction dated Tuesday, June 17th. The shares were sold at an average price of $303.70, for a total transaction of $898,040.90. Following the completion of the sale, the executive vice president owned 76,289 shares in the company, valued at approximately $23,168,969.30. This represents a 3.73% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 23,305 shares of company stock worth $7,093,136 over the last 90 days. Corporate insiders own 18.10% of the company's stock.

Institutional Trading of Zscaler

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Quaker Wealth Management LLC raised its position in shares of Zscaler by 200.0% during the 2nd quarter. Quaker Wealth Management LLC now owns 97 shares of the company's stock worth $30,000 after buying an additional 194 shares in the last quarter. Exane Asset Management raised its position in shares of Zscaler by 185.7% during the 2nd quarter. Exane Asset Management now owns 100 shares of the company's stock worth $31,000 after buying an additional 65 shares in the last quarter. Kozak & Associates Inc. bought a new stake in shares of Zscaler during the 2nd quarter worth about $35,000. ORG Partners LLC raised its position in shares of Zscaler by 284.8% during the 1st quarter. ORG Partners LLC now owns 127 shares of the company's stock worth $26,000 after buying an additional 94 shares in the last quarter. Finally, SVB Wealth LLC bought a new stake in shares of Zscaler during the 1st quarter worth about $26,000. 46.45% of the stock is currently owned by 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.