Truist Financial Cuts Zscaler (NASDAQ:ZS) Price Target to $250.00

Zscaler (NASDAQ:ZS) had its price target trimmed by Truist Financial from $350.00 to $250.00 in a research report report published on Tuesday morning,Benzinga reports. The brokerage currently has a buy rating on the stock.

A number of other equities analysts have also recently issued reports on the stock. Royal Bank Of Canada restated an “outperform” rating and issued a $250.00 price objective on shares of Zscaler in a research note on Wednesday, February 11th. Weiss Ratings reissued a “sell (d-)” rating on shares of Zscaler in a research note on Wednesday, January 21st. Needham & Company LLC cut their price target on shares of Zscaler from $350.00 to $310.00 and set a “buy” rating for the company in a research note on Wednesday, November 26th. Capital One Financial set a $320.00 price objective on Zscaler and gave the company an “overweight” rating in a report on Wednesday, November 26th. Finally, Mizuho dropped their target price on Zscaler from $310.00 to $265.00 and set an “outperform” rating for the company in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $307.14.

Zscaler Price Performance

NASDAQ ZS opened at $168.99 on Tuesday. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 0.86. The stock has a market capitalization of $26.95 billion, a PE ratio of -649.94, a price-to-earnings-growth ratio of 350.89 and a beta of 1.02. Zscaler has a 12-month low of $162.87 and a 12-month high of $336.99. The company has a 50 day moving average price of $208.26 and a two-hundred day moving average price of $260.39.

Zscaler (NASDAQ:ZS) last released its quarterly earnings results on Tuesday, November 25th. The company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.11. The company had revenue of $788.11 million during the quarter, compared to the consensus estimate of $773.86 million. Zscaler had a negative return on equity of 0.12% and a negative net margin of 1.45%.The firm’s revenue was up 25.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.77 EPS. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS and its Q2 2026 guidance at 0.890-0.900 EPS. As a group, equities analysts predict 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 Zscaler stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $226.72, for a total value of $148,048.16. Following the completion of the sale, the director directly owned 3,485 shares in the company, valued at $790,119.20. This trade represents a 15.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Adam Geller sold 1,620 shares of the firm’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $232.79, for a total transaction of $377,119.80. Following the completion of the transaction, 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 disclosure for this sale is available in the SEC filing. Insiders have sold a total of 19,350 shares of company stock valued at $4,471,509 over the last quarter. 17.20% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of ZS. Binnacle Investments Inc acquired a new position in shares of Zscaler during the third quarter worth about $25,000. Tradewinds Capital Management LLC raised its holdings in Zscaler by 145.7% during the third quarter. Tradewinds Capital Management LLC now owns 86 shares of the company’s stock worth $26,000 after acquiring an additional 51 shares in the last quarter. Root Financial Partners LLC bought a new position in Zscaler in the third quarter valued at approximately $26,000. McIlrath & Eck LLC acquired a new position in shares of Zscaler during the 3rd quarter worth approximately $29,000. Finally, AlphaCentric Advisors LLC bought a new stake in shares of Zscaler during the 4th quarter worth approximately $29,000. Institutional investors and hedge funds own 46.45% of the company’s stock.

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.