Deutsche Bank Aktiengesellschaft Lowers Zscaler (NASDAQ:ZS) Price Target to $175.00

Posted by Latisha Jones on May 27th, 2026

Zscaler (NASDAQ:ZS – Get Free Report) had its price objective decreased by equities research analysts at Deutsche Bank Aktiengesellschaft from $185.00 to $175.00 in a note issued to investors on Wednesday,MarketScreener reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target would suggest a potential upside of 29.88% from the stock’s current price.

A number of other research analysts have also recently issued reports on the company. Piper Sandler reiterated a “neutral” rating on shares of Zscaler in a research report on Wednesday. Wells Fargo & Company started coverage on shares of Zscaler in a research note on Tuesday, March 3rd. They issued an “overweight” rating and a $200.00 price target on the stock. Truist Financial set a $200.00 price objective on shares of Zscaler in a research note on Wednesday. The Goldman Sachs Group reiterated a “neutral” rating and issued a $179.00 price target on shares of Zscaler in a research note on Wednesday. Finally, Stephens set a $205.00 price objective on Zscaler in a research report on Wednesday. Two analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $229.36.

Check Out Our Latest Analysis on ZS

Zscaler Stock Performance

Shares of NASDAQ:ZS opened at $134.74 on Wednesday. Zscaler has a 1 year low of $114.63 and a 1 year high of $336.99. The stock has a market capitalization of $21.66 billion, a price-to-earnings ratio of -318.90 and a beta of 0.96. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.90 and a quick ratio of 1.90. The company’s 50 day simple moving average is $145.75 and its 200 day simple moving average is $192.65.

Zscaler (NASDAQ:ZS – Get Free Report) last issued its earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.07. Zscaler had a positive return on equity of 0.06% and a negative net margin of 2.25%.The firm had revenue of $850.48 million for the quarter, compared to the consensus estimate of $835.60 million. During the same quarter last year, the business posted $0.84 EPS. The company’s revenue was up 25.4% compared to the same quarter last year. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. As a group, research analysts predict that Zscaler will post -0.03 EPS for the current fiscal year.

Insider Activity at Zscaler

In related news, insider Adam Geller sold 2,094 shares of the firm’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $153.53, for a total transaction of $321,491.82. Following the completion of the transaction, the insider directly owned 46,949 shares of the company’s stock, valued at $7,208,079.97. This trade represents a 4.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Kevin Rubin sold 1,682 shares of Zscaler stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $156.59, for a total value of $263,384.38. Following the transaction, the chief financial officer directly owned 46,479 shares in the company, valued at $7,278,146.61. The trade was a 3.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 12,130 shares of company stock valued at $1,892,487 in the last quarter. Insiders own 17.20% of the company’s stock.

Hedge Funds Weigh In On Zscaler

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC increased its position in Zscaler by 19.9% during the 1st quarter. Integrated Wealth Concepts LLC now owns 1,439 shares of the company’s stock valued at $285,000 after purchasing an additional 239 shares during the period. NewEdge Advisors LLC lifted its position in shares of Zscaler by 8.2% in the 1st quarter. NewEdge Advisors LLC now owns 4,899 shares of the company’s stock worth $972,000 after purchasing an additional 370 shares during the period. Empowered Funds LLC boosted its stake in shares of Zscaler by 9.2% in the 1st quarter. Empowered Funds LLC now owns 2,811 shares of the company’s stock valued at $558,000 after purchasing an additional 238 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in shares of Zscaler in the 2nd quarter valued at $252,000. Finally, Jump Financial LLC acquired a new stake in shares of Zscaler during the second quarter worth $3,019,000. 46.45% of the stock is owned by institutional investors and hedge funds.

Zscaler News Roundup

Here are the key news stories impacting Zscaler this week:

Positive Sentiment: Zscaler reported fiscal Q3 revenue of $850.5 million and EPS of $1.08, both above estimates, while revenue rose 25% year over year and ARR also grew 25%, reinforcing the company’s strong core demand. Article: Zscaler Announces Strong Third-Quarter Fiscal 2026 Results
Positive Sentiment: Management raised FY26 guidance and pointed to strength in AI security and record margins, which supports the long-term growth narrative for the cybersecurity platform. Article: ZS Q3 Earnings Call Flags Prudent Growth Outlook
Positive Sentiment: Several analysts still view the stock favorably despite trimming targets, with Rosenblatt, Bernstein, Baird, and Needham maintaining bullish or buy-equivalent ratings, suggesting Wall Street still sees upside from current levels. Article: Analyst target updates
Neutral Sentiment: New commentary on Zscaler’s AI security strategy and product expansion adds to the growth story, but also notes the stock may still need stronger execution to justify its valuation. Article: As Zscaler Doubles Down on AI Security, ZS Stock Still Needs More to Justify Its Steep Valuation
Negative Sentiment: Despite the beat, Zscaler’s guidance disappointed traders: the company forecast fourth-quarter revenue slightly below estimates, and Reuters said the outlook reflected intensifying competition in cybersecurity and more cautious enterprise spending. Article: Zscaler sees downbeat quarterly revenue as competition heats up in cybersecurity market
Negative Sentiment: Some recent analyst notes turned more cautious, including a Seeking Alpha downgrade citing slowing organic growth, weaker net-new ARR momentum, and competitive pressure from integrated security platforms. Article: Zscaler Q1: I Was Right (Rating Downgrade)

Zscaler Company Profile

(Get Free Report)

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.