Zscaler, Inc. Forecasted to Post Q1 2025 Earnings of ($0.32) Per Share (NASDAQ:ZS)

Zscaler, Inc. (NASDAQ:ZS - Free Report) - Stock analysts at Zacks Research cut their Q1 2025 earnings per share (EPS) estimates for shares of Zscaler in a research report issued to clients and investors on Tuesday, September 24th. Zacks Research analyst R. Department now forecasts that the company will earn ($0.32) per share for the quarter, down from their previous forecast of ($0.24). The consensus estimate for Zscaler's current full-year earnings is ($0.92) per share. Zacks Research also issued estimates for Zscaler's Q2 2025 earnings at ($0.28) EPS, Q3 2025 earnings at ($0.25) EPS, Q4 2025 earnings at ($0.29) EPS, FY2025 earnings at ($1.13) EPS, Q1 2026 earnings at ($0.32) EPS, Q2 2026 earnings at ($0.31) EPS, Q3 2026 earnings at ($0.32) EPS, Q4 2026 earnings at ($0.35) EPS, FY2026 earnings at ($1.29) EPS and FY2027 earnings at ($1.52) EPS.

Several other equities research analysts have also issued reports on the company. Stifel Nicolaus reaffirmed a "buy" rating and issued a $220.00 price objective on shares of Zscaler in a research note on Wednesday, September 4th. JMP Securities restated a "market outperform" rating and set a $270.00 price objective on shares of Zscaler in a report on Wednesday, September 4th. BMO Capital Markets reduced their price objective on Zscaler from $208.00 to $197.00 and set an "outperform" rating on the stock in a report on Wednesday, September 4th. Raymond James initiated coverage on Zscaler in a report on Tuesday, July 23rd. They set a "market perform" rating on the stock. Finally, Citigroup cut their price target on Zscaler from $270.00 to $240.00 and set a "buy" rating on the stock in a report on Wednesday, June 5th. Nine investment analysts have rated the stock with a hold rating, twenty-four have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $218.39.

Zscaler Stock Up 1.0 %

NASDAQ ZS traded up $1.73 during trading hours on Friday, reaching $172.66. The company's stock had a trading volume of 484,422 shares, compared to its average volume of 2,125,037. Zscaler has a 1 year low of $146.71 and a 1 year high of $259.61. The firm's 50-day moving average price is $179.26 and its 200-day moving average price is $182.32. The company has a market capitalization of $26.10 billion, a price-to-earnings ratio of -335.16 and a beta of 0.82.

Zscaler (NASDAQ:ZS - Get Free Report) last announced its earnings results on Tuesday, September 3rd. The company reported $0.88 EPS for the quarter, beating analysts' consensus estimates of $0.70 by $0.18. The business had revenue of $592.90 million during the quarter, compared to analysts' expectations of $567.46 million. Zscaler had a negative net margin of 2.66% and a negative return on equity of 3.46%. The firm's revenue was up 30.3% on a year-over-year basis. During the same period in the prior year, the company earned ($0.17) earnings per share.

Insider Transactions at Zscaler

In other news, Director Andrew William Fraser Brown sold 8,000 shares of the business's stock in a transaction on Monday, September 23rd. The stock was sold at an average price of $174.10, for a total transaction of $1,392,800.00. Following the completion of the transaction, the director now owns 25,907 shares of the company's stock, valued at approximately $4,510,408.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other Zscaler news, Director Andrew William Fraser Brown sold 8,000 shares of the company's stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $174.10, for a total value of $1,392,800.00. Following the completion of the transaction, the director now owns 25,907 shares of the company's stock, valued at approximately $4,510,408.70. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Remo Canessa sold 8,455 shares of the company's stock in a transaction dated Tuesday, September 17th. The stock was sold at an average price of $171.28, for a total value of $1,448,172.40. Following the completion of the transaction, the chief financial officer now directly owns 231,793 shares of the company's stock, valued at approximately $39,701,505.04. The disclosure for this sale can be found here. In the last 90 days, insiders sold 24,120 shares of company stock valued at $4,153,834. Company insiders own 19.20% of the company's stock.

Institutional Investors Weigh In On Zscaler

Several institutional investors and hedge funds have recently made changes to their positions in ZS. Vanguard Group Inc. boosted its position in shares of Zscaler by 1.3% during the 1st quarter. Vanguard Group Inc. now owns 8,961,774 shares of the company's stock valued at $1,726,307,000 after purchasing an additional 118,002 shares in the last quarter. 1832 Asset Management L.P. bought a new stake in shares of Zscaler during the 4th quarter valued at about $217,683,000. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Zscaler by 19.9% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 619,293 shares of the company's stock valued at $119,294,000 after purchasing an additional 102,616 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of Zscaler by 5.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 496,047 shares of the company's stock valued at $95,335,000 after purchasing an additional 25,181 shares in the last quarter. Finally, Federated Hermes Inc. boosted its position in shares of Zscaler by 18.3% during the 2nd quarter. Federated Hermes Inc. now owns 394,698 shares of the company's stock valued at $75,857,000 after purchasing an additional 61,037 shares in the last quarter. Institutional investors and hedge funds own 46.45% of the company's stock.

About Zscaler

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.