Research Analysts Set Expectations for Zscaler Q3 Earnings

Zscaler, Inc. (NASDAQ:ZS - Free Report) - Equities research analysts at Roth Capital issued their Q3 2025 earnings per share (EPS) estimates for shares of Zscaler in a report released on Tuesday, April 22nd. Roth Capital analyst I. Koujalgi expects that the company will post earnings of ($0.13) per share for the quarter. Roth Capital currently has a "Hold" rating on the stock. The consensus estimate for Zscaler's current full-year earnings is ($0.10) per share. Roth Capital also issued estimates for Zscaler's Q4 2025 earnings at ($0.20) EPS, FY2025 earnings at ($0.41) EPS, Q1 2026 earnings at ($0.11) EPS, Q2 2026 earnings at ($0.11) EPS, Q3 2026 earnings at ($0.05) EPS, Q4 2026 earnings at ($0.11) EPS and FY2026 earnings at ($0.39) EPS.

ZS has been the subject of several other reports. Needham & Company LLC restated a "buy" rating and set a $240.00 price objective on shares of Zscaler in a research report on Wednesday, March 5th. Barclays reiterated an "overweight" rating on shares of Zscaler in a report on Wednesday, March 5th. Jefferies Financial Group cut their price target on Zscaler from $245.00 to $240.00 and set a "buy" rating for the company in a report on Monday, March 31st. Wells Fargo & Company boosted their price target on Zscaler from $190.00 to $210.00 and gave the company an "equal weight" rating in a report on Thursday, March 6th. Finally, JPMorgan Chase & Co. boosted their price target on Zscaler from $240.00 to $250.00 and gave the company an "overweight" rating in a report on Thursday, March 6th. Eight research analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $236.66.

Zscaler Stock Up 2.0 %

Shares of Zscaler stock traded up $4.28 during trading on Friday, hitting $219.86. 2,908,820 shares of the company were exchanged, compared to its average volume of 1,996,470. Zscaler has a fifty-two week low of $153.45 and a fifty-two week high of $221.32. The stock has a market capitalization of $34.02 billion, a price-to-earnings ratio of -879.44 and a beta of 1.12. The firm has a 50 day moving average price of $199.41 and a 200 day moving average price of $197.54.

Insiders Place Their Bets

In other news, major shareholder Ajay Mangal sold 190,480 shares of the business's stock in a transaction on Monday, March 17th. The stock was sold at an average price of $200.69, for a total value of $38,227,431.20. Following the sale, the insider now owns 2,580,210 shares of the company's stock, valued at approximately $517,822,344.90. The trade was a 6.87 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Andrew William Fraser Brown sold 10,000 shares of the business's stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $206.00, for a total value of $2,060,000.00. Following the completion of the sale, the director now directly owns 27,216 shares in the company, valued at $5,606,496. This represents a 26.87 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 209,234 shares of company stock worth $42,030,790. 18.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On Zscaler

A number of institutional investors and hedge funds have recently modified their holdings of ZS. Geode Capital Management LLC boosted its position in Zscaler by 2.0% during the 4th quarter. Geode Capital Management LLC now owns 1,658,406 shares of the company's stock worth $298,710,000 after acquiring an additional 32,545 shares during the period. Pictet Asset Management Holding SA boosted its holdings in shares of Zscaler by 25.8% during the fourth quarter. Pictet Asset Management Holding SA now owns 1,618,176 shares of the company's stock worth $291,935,000 after purchasing an additional 332,307 shares during the period. AQR Capital Management LLC boosted its holdings in shares of Zscaler by 120.1% during the fourth quarter. AQR Capital Management LLC now owns 964,031 shares of the company's stock worth $173,921,000 after purchasing an additional 525,956 shares during the period. Artisan Partners Limited Partnership boosted its holdings in shares of Zscaler by 30.9% during the fourth quarter. Artisan Partners Limited Partnership now owns 868,795 shares of the company's stock worth $156,739,000 after purchasing an additional 204,996 shares during the period. Finally, DnB Asset Management AS boosted its holdings in shares of Zscaler by 66.8% during the fourth quarter. DnB Asset Management AS now owns 667,383 shares of the company's stock worth $120,403,000 after purchasing an additional 267,162 shares during the period. 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.