Q1 Earnings Forecast for Zscaler Issued By KeyCorp

Zscaler, Inc. (NASDAQ:ZS - Free Report) - Equities research analysts at KeyCorp issued their Q1 2026 EPS estimates for shares of Zscaler in a research report issued to clients and investors on Thursday, December 19th. KeyCorp analyst E. Heath forecasts that the company will post earnings per share of ($0.02) for the quarter. KeyCorp has a "Overweight" rating and a $250.00 price objective on the stock. The consensus estimate for Zscaler's current full-year earnings is ($0.24) per share. KeyCorp also issued estimates for Zscaler's Q2 2026 earnings at $0.01 EPS, Q3 2026 earnings at $0.03 EPS and Q4 2026 earnings at $0.11 EPS.

Zscaler (NASDAQ:ZS - Get Free Report) last posted its earnings results on Monday, December 2nd. The company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.14. Zscaler had a negative net margin of 1.58% and a negative return on equity of 0.75%. The firm had revenue of $628.00 million during the quarter, compared to analysts' expectations of $605.51 million. During the same period in the previous year, the business posted ($0.18) EPS. The business's revenue was up 26.4% compared to the same quarter last year.

Several other equities analysts also recently weighed in on ZS. Wells Fargo & Company raised their target price on Zscaler from $180.00 to $190.00 and gave the company an "equal weight" rating in a research report on Wednesday, December 4th. Canaccord Genuity Group raised their price objective on Zscaler from $220.00 to $230.00 and gave the company a "buy" rating in a report on Tuesday, December 3rd. BMO Capital Markets lifted their target price on shares of Zscaler from $197.00 to $222.00 and gave the stock an "outperform" rating in a research note on Tuesday, December 3rd. Oppenheimer increased their target price on shares of Zscaler from $230.00 to $250.00 and gave the company an "outperform" rating in a research report on Tuesday, December 3rd. Finally, Susquehanna boosted their price target on shares of Zscaler from $210.00 to $225.00 and gave the stock a "positive" rating in a research report on Tuesday, December 3rd. Eleven investment analysts have rated the stock with a hold rating and twenty-three have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $224.84.

Zscaler Stock Down 0.8 %

Shares of Zscaler stock traded down $1.44 on Monday, reaching $185.94. The company's stock had a trading volume of 1,264,871 shares, compared to its average volume of 2,063,230. The company has a market capitalization of $28.53 billion, a P/E ratio of -743.76 and a beta of 0.82. The stock has a 50-day moving average price of $197.50 and a 200-day moving average price of $187.90. Zscaler has a 52-week low of $153.45 and a 52-week high of $259.61.

Insider Transactions at Zscaler

In other news, insider Syam Nair sold 3,682 shares of the stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $200.32, for a total transaction of $737,578.24. Following the completion of the sale, the insider now owns 142,866 shares in the company, valued at approximately $28,618,917.12. This represents a 2.51 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Remo Canessa sold 3,703 shares of the business's stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $200.32, for a total value of $741,784.96. Following the completion of the transaction, the chief financial officer now owns 220,635 shares in the company, valued at $44,197,603.20. This trade represents a 1.65 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 16,630 shares of company stock worth $3,155,697. Corporate insiders own 18.10% of the company's stock.

Hedge Funds Weigh In On Zscaler

Institutional investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC raised its stake in shares of Zscaler by 8.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 832 shares of the company's stock worth $149,000 after buying an additional 66 shares in the last quarter. American Trust grew its holdings in Zscaler by 6.1% during the second quarter. American Trust now owns 1,210 shares of the company's stock worth $233,000 after acquiring an additional 70 shares during the period. Valley Brook Capital Group Inc. raised its position in Zscaler by 4.0% in the third quarter. Valley Brook Capital Group Inc. now owns 1,972 shares of the company's stock worth $337,000 after acquiring an additional 75 shares in the last quarter. Rockline Wealth Management LLC lifted its holdings in Zscaler by 5.1% in the second quarter. Rockline Wealth Management LLC now owns 1,798 shares of the company's stock valued at $345,000 after acquiring an additional 88 shares during the period. Finally, Cynosure Group LLC boosted its position in shares of Zscaler by 4.4% during the 3rd quarter. Cynosure Group LLC now owns 2,131 shares of the company's stock worth $364,000 after purchasing an additional 89 shares in the last quarter. 46.45% of the stock is owned by institutional investors and hedge funds.

Zscaler Company Profile

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.