Ratings for Zscaler (NASDAQ:ZS) were provided by 27 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 6 | 13 | 8 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 1 | 0 | 0 | 0 |
| 2M Ago | 1 | 0 | 1 | 0 | 0 |
| 3M Ago | 4 | 12 | 7 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $214.15, a high estimate of $270.00, and a low estimate of $165.00. This current average has decreased by 6.92% from the previous average price target of $230.08.
Exploring Analyst Ratings: An In-Depth Overview
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 | Raises | Buy | $235.00 | $220.00 |
| Trevor Walsh | JMP Securities | Maintains | Market Outperform | $270.00 | $270.00 |
| Andrew DeGasperi | Exane BNP Paribas | Announces | Neutral | $180.00 | - |
| Fatima Boolani | Citigroup | Lowers | Buy | $230.00 | $240.00 |
| Shyam Patil | Susquehanna | Maintains | Positive | $210.00 | $210.00 |
| Tal Liani | B of A Securities | Lowers | Neutral | $195.00 | $265.00 |
| Catharine Trebnick | Rosenblatt | Maintains | Neutral | $190.00 | $190.00 |
| Brian Essex | JP Morgan | Lowers | Overweight | $220.00 | $230.00 |
| Trevor Walsh | JMP Securities | Maintains | Market Outperform | $270.00 | $270.00 |
| Daniel Ives | Wedbush | Lowers | Outperform | $220.00 | $260.00 |
| Keith Bachman | BMO Capital | Lowers | Outperform | $197.00 | $208.00 |
| Adam Borg | Stifel | Maintains | Buy | $220.00 | $220.00 |
| Gray Powell | BTIG | Lowers | Buy | $205.00 | $220.00 |
| Rob Owens | Piper Sandler | Lowers | Overweight | $215.00 | $255.00 |
| Ittai Kidron | Oppenheimer | Lowers | Outperform | $230.00 | $260.00 |
| Roger Boyd | UBS | Lowers | Buy | $250.00 | $270.00 |
| Saket Kalia | Barclays | Lowers | Overweight | $200.00 | $230.00 |
| Matthew Hedberg | RBC Capital | Maintains | Outperform | $230.00 | $230.00 |
| Andrew Nowinski | Wells Fargo | Lowers | Equal-Weight | $180.00 | $182.00 |
| Patrick Colville | Scotiabank | Lowers | Sector Outperform | $195.00 | $210.00 |
| Yi Fu Lee | Cantor Fitzgerald | Lowers | Neutral | $170.00 | $200.00 |
| Yun Kim | Loop Capital | Lowers | Hold | $165.00 | $180.00 |
| Shrenik Kothari | Baird | Lowers | Outperform | $225.00 | $260.00 |
| Alex Henderson | Needham | Lowers | Strong Buy | $235.00 | $290.00 |
| Saket Kalia | Barclays | Raises | Overweight | $230.00 | $210.00 |
| Hamza Fodderwala | Morgan Stanley | Raises | Equal-Weight | $215.00 | $202.00 |
| Yi Fu Lee | Cantor Fitzgerald | Maintains | Neutral | $200.00 | $200.00 |
Key Insights: Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Zscaler. This information provides a snapshot of how analysts perceive the current state of the company. Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Zscaler compared to the broader market. Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Zscaler's stock. This comparison reveals trends in analysts' expectations over time.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Zscaler's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Zscaler analyst ratings.
Discovering Zscaler: A Closer Look
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.
Zscaler: Financial Performance Dissected
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: Over the 3 months period, Zscaler showcased positive performance, achieving a revenue growth rate of 30.3% as of 31 July, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Zscaler's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of -2.51%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Zscaler's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -1.26%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Zscaler's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of -0.33%, the company showcases efficient use of assets and strong financial health.
Debt Management: Zscaler's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.97.
The Basics of Analyst Ratings
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
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Latest Ratings for ZS
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Mar 2022 | Daiwa Capital | Upgrades | Underperform | Buy |
| Feb 2022 | BMO Capital | Maintains | Outperform | |
| Feb 2022 | Deutsche Bank | Maintains | Buy |
View More Analyst Ratings for ZS
View the Latest Analyst Ratings
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
