| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
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| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
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| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
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Ratings for Zscaler (NASDAQ:ZS) were provided by 21 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 6 | 9 | 6 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 2 | 1 | 0 | 0 |
| 2M Ago | 1 | 1 | 1 | 0 | 0 |
| 3M Ago | 4 | 6 | 4 | 0 | 0 |
Analysts have recently evaluated Zscaler and provided 12-month price targets. The average target is $250.9, accompanied by a high estimate of $290.00 and a low estimate of $214.00. This upward trend is apparent, with the current average reflecting a 1.06% increase from the previous average price target of $248.27.
The standing of Zscaler among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Adam Borg | Stifel | Lowers | Buy | $220.00 | $270.00 |
| Trevor Walsh | JMP Securities | Maintains | Market Outperform | $270.00 | - |
| Eric Heath | Keybanc | Announces | Overweight | $220.00 | - |
| Yi Fu Lee | Cantor Fitzgerald | Maintains | Neutral | $230.00 | - |
| Ki Bin Kim | Truist Securities | Maintains | Buy | $260.00 | $260.00 |
| Yi Fu Lee | Cantor Fitzgerald | Maintains | Neutral | $230.00 | - |
| Frederick Havemeyer | Macquarie | Maintains | Outperform | $245.00 | $245.00 |
| Gabriela Borges | Goldman Sachs | Raises | Neutral | $215.00 | $189.00 |
| Shrenik Kothari | Baird | Raises | Outperform | $265.00 | $255.00 |
| Trevor Walsh | JMP Securities | Maintains | Market Outperform | $270.00 | - |
| Catharine Trebnick | Rosenblatt | Raises | Buy | $290.00 | $285.00 |
| Yi Fu Lee | Cantor Fitzgerald | Lowers | Neutral | $230.00 | $250.00 |
| Saket Kalia | Barclays | Lowers | Overweight | $240.00 | $259.00 |
| Keith Bachman | BMO Capital | Lowers | Outperform | $255.00 | $268.00 |
| Daniel Ives | Wedbush | Raises | Outperform | $260.00 | $250.00 |
| Alex Henderson | Needham | Maintains | Strong Buy | $290.00 | - |
| Peter Weed | Bernstein | Lowers | Outperform | $280.00 | $311.00 |
| Hamza Fodderwala | Morgan Stanley | Raises | Equal-Weight | $214.00 | $195.00 |
| Brian Essex | JP Morgan | Raises | Neutral | $240.00 | $212.00 |
| Ki Bin Kim | Truist Securities | Raises | Buy | $260.00 | $230.00 |
| Catharine Trebnick | Rosenblatt | Raises | Buy | $285.00 | $245.00 |
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Zscaler's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on Zscaler analyst ratings.
Zscaler is a software-as-a-service, or SaaS, firm focusing on providing cloud-native cybersecurity solutions to primarily enterprise customers. Zscaler's offerings can be broadly partitioned into Zscaler Internet Access, which provides secure access to external applications, and Zscaler Private Access, which provides secure access to internal applications. The firm is headquartered in San Jose, California, and went public in 2018.
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: Zscaler displayed positive results in 3 months. As of 31 January, 2024, the company achieved a solid revenue growth rate of approximately 35.45%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: Zscaler's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of -5.42%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Zscaler's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -3.22%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Zscaler's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -0.75%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Zscaler's debt-to-equity ratio is below the industry average at 1.29, reflecting a lower dependency on debt financing and a more conservative financial approach.
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: ZS
