Zscaler ZS has been analyzed by 27 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
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 | 11 | 11 | 5 | 0 | 0 |
| Last 30D | 2 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 2 | 3 | 0 | 0 |
| 2M Ago | 2 | 0 | 0 | 0 | 0 |
| 3M Ago | 6 | 9 | 2 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $229.04, with a high estimate of $285.00 and a low estimate of $180.00. Observing a 10.96% increase, the current average has risen from the previous average price target of $206.41.
Understanding Analyst Ratings: A Comprehensive Breakdown
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 |
|---|---|---|---|---|---|
| Ki Bin Kim | Truist Securities | Raises | Buy | $260.00 | $230.00 |
| Catharine Trebnick | Rosenblatt | Raises | Buy | $285.00 | $245.00 |
| Saket Kalia | Barclays | Raises | Overweight | $259.00 | $244.00 |
| Yi Fu Lee | Cantor Fitzgerald | Maintains | Neutral | $250.00 | - |
| Yi Fu Lee | Cantor Fitzgerald | Raises | Neutral | $250.00 | $185.00 |
| Catharine Trebnick | Rosenblatt | Maintains | Buy | $245.00 | - |
| Trevor Walsh | JMP Securities | Raises | Market Outperform | $270.00 | $225.00 |
| Yi Fu Lee | Cantor Fitzgerald | Maintains | Neutral | $185.00 | - |
| Ki Bin Kim | Truist Securities | Raises | Buy | $230.00 | $205.00 |
| Fatima Boolani | Citigroup | Raises | Buy | $265.00 | $235.00 |
| Shyam Patil | Susquehanna | Announces | Positive | $275.00 | - |
| Catharine Trebnick | Rosenblatt | Raises | Buy | $245.00 | $225.00 |
| Peter Levine | Evercore ISI Group | Raises | Outperform | $215.00 | $200.00 |
| Joel Fishbein | Truist Securities | Maintains | Buy | $205.00 | - |
| Trevor Walsh | JMP Securities | Maintains | Market Outperform | $225.00 | - |
| Adam Borg | Stifel | Maintains | Buy | $205.00 | - |
| Rob Owens | Piper Sandler | Raises | Overweight | $220.00 | $190.00 |
| Matthew Hedberg | RBC Capital | Maintains | Outperform | $220.00 | - |
| Brian Colley | Stephens & Co. | Raises | Overweight | $225.00 | $200.00 |
| Keith Bachman | BMO Capital | Raises | Outperform | $200.00 | $195.00 |
| Daniel Ives | Wedbush | Raises | Outperform | $210.00 | $185.00 |
| Jonathan Ruykhaver | Cantor Fitzgerald | Raises | Neutral | $185.00 | $170.00 |
| Shaul Eyal | TD Cowen | Raises | Outperform | $215.00 | $195.00 |
| Hamza Fodderwala | Morgan Stanley | Raises | Equal-Weight | $180.00 | $170.00 |
| Catharine Trebnick | Rosenblatt | Maintains | Buy | $225.00 | - |
| Alex Henderson | Needham | Raises | Strong Buy | $225.00 | $210.00 |
| Alex Henderson | Needham | Maintains | Strong Buy | $210.00 | - |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Zscaler. This offers insight into analysts' perspectives on 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 navigate through adjustments in price targets, providing estimates for Zscaler's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Zscaler's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Zscaler analyst ratings.
Unveiling the Story Behind Zscaler
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.
Unraveling the Financial Story of Zscaler
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Over the 3 months period, Zscaler showcased positive performance, achieving a revenue growth rate of 39.7% as of 31 October, 2023. 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 -6.74%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Zscaler's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -4.37%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Zscaler's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -0.92%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Zscaler's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.51.
What Are Analyst Ratings?
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and 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.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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