The analyst believes the company executed well in the quarter, adjusting to . If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in Benzinga Pro. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Sign-up to receive the latest news and ratings for ZS and its competitors with MarketBeat's FREE daily newsletter. Zscaler Inc. Research & Ratings | ZS | Barron's Market Data / Stocks / ZS / Research & Ratings Zscaler Inc. U.S.: Nasdaq Watchlist after hours $ 114.10 ZS -0.23 -0.20% May 12, 2023 7:58. 326 E 8th St #105, Sioux Falls, SD 57103 See what's happening in the market right now with MarketBeat's real-time news feed. Source: FactSet. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Needham analyst Alex Henderson reiterates Zscaler with a Strong Buy and maintains a $210 price target. (ZS) raised $110 million in an initial public offering (IPO) on Friday, March 16th 2018. ZScaler's pre-announcement of Q3 results and full-year revenue kicked off a cybersecurity rally. Real-time analyst ratings, insider transactions, earnings data, and more. Zscaler (NASDAQ:ZS) has a market capitalization of $21.19 billion and generates $1.09 billion in revenue each year. Zscaler does not currently pay a dividend. Based on 29 Wall Street analysts offering 12 month price targets for Zscaler in the last 3 months. (Ad) Free A.I. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Zscaler has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. According to the issued ratings of 35 analysts in the last year, the consensus rating for Zscaler stock is Moderate Buy based on the current 14 hold ratings, 20 buy ratings and 1 strong buy rating for ZS. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. View which stocks are hot on social media with MarketBeat's trending stocks report. Source: FactSet. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Sign-up to receive the latest news and ratings for Zscaler and its competitors with MarketBeat's FREE daily newsletter. Morgan Stanley and Goldman Sachs acted as the underwriters for the IPO and BofA Merrill Lynch, Barclays, Deutsche, Credit Suisse, UBS Securities, Baird, BTIG and Needham, Stephens were co-managers. In the past three months, Zscaler insiders have sold more of their company's stock than they have bought. (Ad) "Chilling War Games Show US Forces Crushed" - FOX NEWS (Ad) Free A.I. See How This Could Lead to New Opportunities, Receive ZS Stock News and Ratings via Email. Constellation Brands Taps into Growth: Analysts Bullish on Stock, CrowdStrike: Another Tech Stock to Buy on the Dip. This suggests a possible upside of 14.7% from the stock's current price. The company's average rating score is 2.63, and is based on 20 buy ratings, 14 hold ratings, and no sell ratings. ETFs with the largest weight of Zscaler (NASDAQ:ZS) stock in their portfolio include Spear Alpha ETF (SPRX), Global X Cybersecurity ETF (BUG), TrueShares Technology, AI & Deep Learning ETF (LRNZ), Simplify Volt Cloud and Cybersecurity Disruption ETF (VCLO), ETFMG Prime Cyber Security ETF (HACK), WisdomTree Cybersecurity Fund (WCBR), iShares Cybersecurity and Tech ETF (IHAK) and Global X Cloud Computing ETF (CLOU). Barchart is committed to ensuring digital accessibility for individuals with disabilities. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. The company's shares closed last Thursday at $135.09. . Please. Get Wall Street analysts ratings for Zscaler, Inc. (ZS). Wondering when you'll finally be able to invest in SpaceX, StarLink or The Boring Company? Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. It offers Zero Trust Exchange, Zscaler Client Connector, Zscaler Internet Access, Zscaler Private Access, Zscaler B2B, Zscaler Cloud Protection, and Zscaler Digital Experience. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. The takeaway for investors is that this company's business is still growing at a near 50% year-over-year (YoY) pace, driven by strength in all sectors. Zscaler: Analysts Raise the Bar for the AI Cloud Security Company, High-Quality, High-Yield Hormel Looks Tasty at These Levels. Compare Top Brokerages Here. Can Monthly Dividend Stocks Work For You? Analysts have provided the following ratings for Zscaler ZS within the last quarter: These 10 analysts have an average price target of $165.2 versus the current price of Zscaler at $86.29 . ETF Sold Out Of Monster Energy, Three Ways To Look At It, View AI Chip Stock Showdown: The Biggest Winners and Losers, View Mercer Global Advisors Inc. ADV Takes $172,000 Position in MicroVision, Inc. (NASDAQ:MVIS). Analyst Target Prices. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. The average price target represents a 17.58% change from the last price of $130.62. [[ data.eventTime | date: 'EEE, MMM dd, yyyy h:mm a' ]] [[ zone ]], Do Not Sell or Share My Personal Information. Zscaler, Inc. engages in the provision of a cloud-based internet security platform. Zscaler trades on the NASDAQ under the ticker symbol "ZS.". Zscaler does not have a long track record of dividend growth. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Trading Channel Breakout in Lululemon Brought by Earnings. Analysts typically rate each stock once per quarter. Average price target from 38 ratings: $156.27, Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. Get short term trading ideas from the MarketBeat Idea Engine. What other stocks do shareholders of Zscaler own? To see all exchange delays and terms of use please see Barchart's disclaimer. Play video for Nvidia Stocks Soars, How High Can It Go? Their ZS share price forecasts range from $120.00 to $268.00. Learn more on how ZS compares to other companies. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Needham analyst Alex. Data may be intentionally delayed pursuant to supplier requirements. Identify stocks that meet your criteria using seven unique stock screeners. View institutional ownership trends. Copyright FactSet Research Systems Inc. All rights reserved. Source: Kantar Media, ZS will report FY 2024 earnings on 09/07/2023. Join Barchart Premier and get trading ideas, historical data, advanced options screeners, more. Highest Price Target $225.00. It offers Zero Trust Exchange, Zscaler Client Connector, Zscaler Internet Access, Zscaler Private Access, Zscaler B2B, Zscaler Cloud Protection, and Zscaler Digital Experience. In 2005 a chance invitation to attend the seminar How To Buy And Sell Your Own Stocks altered his worldview. The GAAP loss shrank to 13% of revenue from last year's 30%, and the cash flow adjusted figures are even better. Benzinga does not provide investment advice. The company employs 4,975 workers across the globe. The Ratings Breakdown table uses Zacks' brokerage recommendations. In-depth profiles and analysis for 20,000 public companies. Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in. In a report issued on May 26 . MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data. Is Zscaler being downgraded by Wall Street analysts? Trade Alerts. All rights reserved. Buy or Sell this stock? Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Despite a "tougher macro backdrop," the analyst applauds Zscaler's recently-reported third quarter, where earnings surpassed estimates with a rebound in Federal business and record pipeline. Zscaler Price Target and Analyst Ratings 2023 (NASDAQ:ZS) S&P 500 4,205.45 DOW Free A.I. Real-time analyst ratings, insider transactions, earnings data, and more. What is Jay Chaudhry's approval rating as Zscaler's CEO? Fortinet, Palo Alto Networks, and ZScaler have all continued growing at double-digit rates, while Verisign continued its trend of single-digit earnings growth, and topped analysts' views in the. BMO Capital raised the price target on the stock to $120 from $115 and maintained an Outperform rating on the shares, citing positive Q3 preliminary announcement and how Zscaler has held up against macro headwinds that likely continue to negatively impact the business, though BMO Capital also remains concerned on the state of increasing competition. Stifel analyst Adam C. Borg reiterated a Buy rating on the shares of Zscaler, Inc. , raising the price target to $150 from $135. [BREAKING] New "Living Missile" to Replace Nuclear Missiles, Get MarketBeat All Access Free for 30 Days, Why 2023 Could Kick Off a "Cash Frenzy" in Stocks. Learn more on how ZS compares to other companies. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error. The firm had revenue of $230.52 million for the quarter, compared to analysts' expectations of $212.33 million. Zscaler had a negative trailing twelve-month return on equity of 50.58% and a negative net margin of 24.08%. See what's happening in the market right now with MarketBeat's real-time news feed. You have already added five stocks to your watchlist. Among Zscaler's many features are its ability to scale and provide scalable security solutions to its clients. Do Wall Street analysts like Zscaler more than its competitors? Average Price Target $153.58. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright 2019 Refinitiv. Our daily ratings and market update email newsletter. Copyright 2019 FactSet Research Systems Inc. All rights reserved. The company provided earnings per share guidance of $1.63-1.64 for the period, compared to the consensus estimate of $1.56. The analysts like what they see in Zscaler's results. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Did SOFI Technologies Deserve a Price Target Cut to $2.50? American Consumer News, LLC dba MarketBeat 2010-2023. Our daily ratings and market update email newsletter. Get 30 Days of MarketBeat All Access Free, By creating a free account, you agree to our, Mullen Automotive - What's Good, What's Bad, and What's Downright Ugly, These Stocks Have Bottomed and Are Primed for Reversal, AI Helps Palantir Make a Move to the Upside, How MarketBeat Calculates Price Target and Consensus Rating, Average Share Price and Price Target by Month Chart Description, Subscribe to MarketBeat All Access for the recommendation accuracy rating, Disturbing Truth About Biden's New Program To Seize Your Cash. A high percentage of insider ownership can be a sign of company health. 19.80% of the stock of Zscaler is held by insiders. Zscaler: Analysts Raise the Bar for the AI Cloud Security Company, High-Quality, High-Yield Hormel Looks Tasty at These Levels. Real-time analyst ratings, insider transactions, earnings data, and more. The company can be reached via phone at (408) 533-0288 or via email at
[email protected]. The third-quarter revenue is less than $50 million compared to Palo Alto Network's $1.78 billion, suggesting Zscaler could double or triple in size. . in Zscaler's results. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the more negative analysts are on the stock. High institutional ownership can be a signal of strong market trust in this company. Companies of all varieties are turning to Zscaler for their security needs, which will sustain growth over the next few years. Contact Thomas Hughes via email at
[email protected]. Baird lowered the price target on Zscaler to $165 from $180 and maintained an Outperform rating on the shares. Analyst Ratings typically are tied into analysis of Earnings Estimates and Earnings Estimates Revisions. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. View Did SOFI Technologies Deserve a Price Target Cut to $2.50? Export data to Excel for your own analysis. Above the chart, you will find the 12-Month High, Mean, and Low Target Prices from analysts who provided ratings. The company is scheduled to release its next quarterly earnings announcement on Thursday, September 14th 2023. Within the last quarter, Zscaler (NASDAQ:ZS) has observed the following analyst ratings: According to 16 analyst offering 12-month price targets in the last 3 months, Zscaler has an average price target of $168.69 with a high of $225.00 and a low of $120.00. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Famous Wall Street Crash System Flashes RED. Salesforce: Time to Snap it Up as the Market Buys the Dip? Zscaler: Analysts Raise the Bar for the AI Cloud Security Company, High-Quality, High-Yield Hormel Looks Tasty at These Levels. Pentagon ConsultantHere's how Biden Wins Landslide Re-election. FY2023 outlook. Over the last 2 years, ZS has beaten EPS estimates 100% of the time and has beaten revenue estimates 100% of the time. This article was generated by Benzinga's automated content engine and reviewed by an editor. The Real Problem With "Made in America" Lithium, See How This Could Lead to New Opportunities. The company's shares closed last Thursday at $135.09. Can Presto Automation Bring AI to the Drive-Thru? In-depth profiles and analysis for 20,000 public companies. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Zscaler, Inc. (NASDAQ:ZS) released its earnings results on Tuesday, November, 30th. Zscaler has received a consensus rating of Buy. Learn more on ZS's analyst rating history. Given the volatility and growth potential associated with the Nasdaqs elite, investors may want to keep these recent underperformers on the watch list. Zscaler updated its FY23 earnings guidance on Thursday, June, 1st. Futures and Forex: 10 or 15 minute delay, CT. Market Data powered by Barchart Solutions. It will have difficulty gaining traction if they continue to sell into the rally. Volume reflects consolidated markets. Renewed Analyst Sentiment for CBRE Group Stock: Buy the Dip? The analysts are raising their price targets, getting the Zscaler stock price in rally mode. Change value during other periods is calculated as the difference between the last trade and the most recent settle. According to analysts' consensus price target of $167.56, Zscaler has a forecasted upside of 14.9% from its current price of $145.84. UBS Group Raises Zscaler (NASDAQ:ZS) Price Target to $175.00, Zscaler (NASDAQ:ZS) Given New $145.00 Price Target at Barclays, Cantor Fitzgerald Boosts Zscaler (NASDAQ:ZS) Price Target to $145.00, Piper Sandler Boosts Zscaler (NASDAQ:ZS) Price Target to $130.00, Robert W. Baird Sticks to Their Buy Rating for Zscaler (ZS), Zscaler Non-GAAP EPS of $0.48 beats by $0.05, revenue of $418.8M beats by $7.05M, Zscaler 3Q Revenue Up By Nearly Half On Strong Demand, Zscaler Reports Third Quarter Fiscal 2023 Financial Results, view top-rated stocks among Wall Street analysts, TrueShares Technology, AI & Deep Learning ETF (LRNZ), Simplify Volt Cloud and Cybersecurity Disruption ETF (VCLO), iShares Cybersecurity and Tech ETF (IHAK). If you have an ad-blocker enabled you may be blocked from proceeding. Analyst Ratings Average price target from ratings: $ Average score: Sell Under Hold Over Buy Full Ratings Peers Name Chg % Market Cap No data provided Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green. Renewed Analyst Sentiment for CBRE Group Stock: Buy the Dip? The takeaway for investors is that this company's business is still growing at a near 50% year-over-year (YoY) pace, driven by strength in all sectors. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.