JMP Securities Forecasts Strong Price Appreciation for Zscaler (NASDAQ:ZS) Stock
Posted by MarketBeat News on Jul 3rd, 2025 Zscaler (NASDAQ:ZS – Get Free Report) had its price target lifted by JMP Securities from $310.00 to $355.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm currently has a “market outperform” rating on the stock. JMP Securities’ price target would indicate a potential upside of 14.76% from the company’s previous close. A number of other equities research analysts have also recently issued reports on ZS. Citigroup reaffirmed a “buy” rating and issued a $240.00 price objective (up previously from $235.00) on shares of Zscaler in a research note on Wednesday, March 5th. Morgan Stanley upped their price objective on shares of Zscaler from $200.00 to $280.00 and gave the company an “equal weight” rating in a research note on Friday, May 30th. Susquehanna upped their price objective on shares of Zscaler from $245.00 to $320.00 and gave the company a “positive” rating in a research note on Friday, May 30th. Mizuho upped their price objective on shares of Zscaler from $275.00 to $290.00 and gave the company a “neutral” rating in a research note on Wednesday, June 4th. Finally, Needham & Company LLC upped their price target on shares of Zscaler from $240.00 to $310.00 and gave the company a “buy” rating in a report on Friday, May 30th. Eight research analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $296.82. Get Our Latest Stock Report on ZS Zscaler Price Performance ZS stock opened at $309.33 on Tuesday. Zscaler has a one year low of $153.45 and a one year high of $317.26. The stock has a market cap of $48.16 billion, a PE ratio of -1,189.73 and a beta of 1.11. The firm has a 50 day simple moving average of $270.09 and a two-hundred day simple moving average of $222.02. Zscaler (NASDAQ:ZS – Get Free Report) last announced its quarterly earnings data on Thursday, May 29th. The company reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.76 by $0.08. Zscaler had a negative net margin of 1.52% and a negative return on equity of 0.59%. The company had revenue of $678.03 million during the quarter, compared to analysts’ expectations of $667.13 million. During the same quarter in the prior year, the company earned $0.88 EPS. The firm’s revenue was up 22.6% on a year-over-year basis. On average, research analysts expect that Zscaler will post -0.1 EPS for the current fiscal year. Insider Buying and Selling In related news, insider Robert Schlossman sold 4,618 shares of the stock in a transaction dated Wednesday, June 4th. The shares were sold at an average price of $300.00, for a total value of $1,385,400.00. Following the completion of the transaction, the insider directly owned 95,612 shares in the company, valued at $28,683,600. This trade represents a 4.61% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Syam Nair sold 28,947 shares of the stock in a transaction dated Friday, May 16th. The stock was sold at an average price of $250.00, for a total transaction of $7,236,750.00. Following the completion of the transaction, the insider owned 110,566 shares of the company’s stock, valued at approximately $27,641,500. The trade was a 20.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 200,793 shares of company stock worth $58,752,794 over the last 90 days. Corporate insiders own 18.10% of the company’s stock. Institutional Trading of Zscaler A number of institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in Zscaler by 3.1% during the 1st quarter. Vanguard Group Inc. now owns 9,890,506 shares of the company’s stock valued at $1,962,474,000 after purchasing an additional 294,034 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Zscaler by 23.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,048,238 shares of the company’s stock valued at $604,831,000 after acquiring an additional 578,883 shares during the last quarter. T. Rowe Price Investment Management Inc. purchased a new stake in shares of Zscaler during the 1st quarter valued at about $516,622,000. Geode Capital Management LLC boosted its holdings in shares of Zscaler by 2.0% during the 4th quarter. Geode Capital Management LLC now owns 1,658,406 shares of the company’s stock valued at $298,710,000 after acquiring an additional 32,545 shares during the last quarter. Finally, Pictet Asset Management Holding SA boosted its holdings in shares of Zscaler by 25.8% during the 4th quarter. Pictet Asset Management Holding SA now owns 1,618,176 shares of the company’s stock valued at $291,935,000 after acquiring an additional 332,307 shares during the last quarter. 46.45% of the stock is currently owned by institutional investors. Zscaler Company Profile (Get Free Report) 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. Further Reading Five stocks we like better than Zscaler Special Purpose Acquisition Company (SPAC) What You Need to Know Jefferies Raises Broadcom Price Target to $315: 19% Upside Ahead How to Short Nasdaq: An Easy-to-Follow Guide Whiplash for Investors: AeroVironment’s Confusing Stock Signals Are Penny Stocks a Good Fit for Your Portfolio? 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