Zscaler (ZS) – Investment Analysts’ Weekly Ratings Updates

A number of firms have modified their ratings and price targets on shares of Zscaler (NASDAQ: ZS) recently:

• 3/18/2025 – Zscaler is now covered by analysts at Morgan Stanley. They set an “equal weight” rating on the stock.
• 3/7/2025 – Zscaler was upgraded by analysts at Bank of America Co. from a “neutral” rating to a “buy” rating. They now have a $240.00 price target on the stock, up previously from $215.00.
• 3/6/2025 – Zscaler was given a new $207.00 price target on by analysts at The Goldman Sachs Group, Inc.. They now have a “neutral” rating on the stock.
• 3/6/2025 – Zscaler had its “outperform” rating reaffirmed by analysts at Sanford C. Bernstein. They now have a $244.00 price target on the stock.
• 3/6/2025 – Zscaler was given a new $252.00 price target on by analysts at BTIG Research. They now have a “buy” rating on the stock.
• 3/6/2025 – Zscaler had its price target raised by analysts at JPMorgan Chase & Co. from $240.00 to $250.00. They now have an “overweight” rating on the stock.
• 3/6/2025 – Zscaler had its price target raised by analysts at Royal Bank of Canada from $230.00 to $250.00. They now have an “outperform” rating on the stock.
• 3/6/2025 – Zscaler had its price target raised by analysts at Wedbush from $230.00 to $240.00. They now have an “outperform” rating on the stock.
• 3/6/2025 – Zscaler had its price target raised by analysts at BMO Capital Markets from $222.00 to $233.00. They now have an “outperform” rating on the stock.
• 3/6/2025 – Zscaler had its price target raised by analysts at Robert W. Baird from $240.00 to $250.00. They now have an “outperform” rating on the stock.
• 3/6/2025 – Zscaler had its price target raised by analysts at Wells Fargo & Company from $190.00 to $210.00. They now have an “equal weight” rating on the stock.
• 3/6/2025 – Zscaler had its price target raised by analysts at UBS Group AG from $250.00 to $260.00. They now have a “buy” rating on the stock.
• 3/6/2025 – Zscaler was upgraded by analysts at Rosenblatt Securities from a “neutral” rating to a “buy” rating. They now have a $235.00 price target on the stock, up previously from $190.00.
• 3/5/2025 – Zscaler had its “sector outperform” rating reaffirmed by analysts at Scotiabank. They now have a $242.00 price target on the stock, up previously from $225.00.
• 3/5/2025 – Zscaler had its “overweight” rating reaffirmed by analysts at Barclays PLC.
• 3/5/2025 – Zscaler had its “buy” rating reaffirmed by analysts at Citigroup Inc.. They now have a $240.00 price target on the stock, up previously from $235.00.
• 3/5/2025 – Zscaler had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $240.00 price target on the stock.
• 3/5/2025 – Zscaler had its “neutral” rating reaffirmed by analysts at Rosenblatt Securities. They now have a $190.00 price target on the stock.
• 2/21/2025 – Zscaler had its price target raised by analysts at Barclays PLC from $220.00 to $250.00. They now have an “overweight” rating on the stock.
• 2/12/2025 – Zscaler had its price target raised by analysts at Mizuho from $210.00 to $225.00. They now have a “neutral” rating on the stock.

Zscaler Price Performance

Zscaler stock opened at $209.87 on Tuesday. Zscaler, Inc. has a fifty-two week low of $153.45 and a fifty-two week high of $217.84. The firm has a market capitalization of $32.47 billion, a PE ratio of -839.48 and a beta of 0.88. The company’s 50-day moving average is $200.20 and its 200-day moving average is $192.41.

Insiders Place Their Bets

In other Zscaler news, insider Robert Schlossman sold 2,878 shares of the stock in a transaction that occurred on Tuesday, March 18th. The shares were sold at an average price of $199.15, for a total transaction of $573,153.70. Following the transaction, the insider now owns 107,587 shares in the company, valued at $21,425,951.05. This represents a 2.61 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, major shareholder Ajay Mangal sold 190,480 shares of Zscaler stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $200.69, for a total transaction of $38,227,431.20. Following the completion of the sale, the insider now owns 2,580,210 shares of the company’s stock, valued at approximately $517,822,344.90. The trade was a 6.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 199,234 shares of company stock valued at $39,970,790 over the last 90 days. 18.10% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Zscaler

A number of large investors have recently bought and sold shares of the company. Global X Japan Co. Ltd. boosted its position in Zscaler by 127.4% during the 4th quarter. Global X Japan Co. Ltd. now owns 141 shares of the company’s stock worth $25,000 after buying an additional 79 shares during the period. Summit Securities Group LLC acquired a new position in shares of Zscaler during the 4th quarter valued at $27,000. Colonial Trust Co SC bought a new position in shares of Zscaler during the 4th quarter worth about $28,000. Stonebridge Financial Group LLC bought a new position in Zscaler in the fourth quarter worth approximately $29,000. Finally, Elequin Capital LP bought a new position in shares of Zscaler in the 4th quarter worth $30,000. 46.45% of the stock is currently owned by institutional investors and hedge funds.

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.