Navigating 30 Analyst Ratings For Zscaler

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Providing a diverse range of perspectives from bullish to bearish, 30 analysts have published ratings on Zscaler ZS in the last three months.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 8 14 8 0 0
Last 30D 1 0 0 0 0
1M Ago 6 12 6 0 0
2M Ago 0 1 1 0 0
3M Ago 1 1 1 0 0

Analysts have recently evaluated Zscaler and provided 12-month price targets. The average target is $227.3, accompanied by a high estimate of $290.00 and a low estimate of $180.00. A decline of 10.0% from the prior average price target is evident in the current average.

Analyzing Analyst Ratings: A Detailed 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
Kingsley Crane Canaccord Genuity Lowers Buy $220.00 $260.00
Patrick Colville Scotiabank Lowers Sector Outperform $210.00 $250.00
Yun Kim Loop Capital Lowers Hold $180.00 $225.00
Saket Kalia Barclays Raises Overweight $210.00 $205.00
Matthew Hedberg RBC Capital Raises Outperform $230.00 $215.00
Brian Essex JP Morgan Raises Neutral $205.00 $200.00
Trevor Walsh JMP Securities Maintains Market Outperform $270.00 $270.00
Ittai Kidron Oppenheimer Lowers Outperform $260.00 $290.00
Yi Fu Lee Cantor Fitzgerald Lowers Neutral $200.00 $230.00
Shyam Patil Susquehanna Lowers Positive $210.00 $275.00
Gray Powell BTIG Lowers Buy $220.00 $258.00
Peter Weed Bernstein Lowers Outperform $270.00 $280.00
Gregg Moskowitz Mizuho Lowers Buy $220.00 $240.00
Keith Bachman BMO Capital Raises Outperform $208.00 $192.00
Alex Henderson Needham Maintains Strong Buy $290.00 $290.00
Keith Bachman BMO Capital Lowers Outperform $192.00 $255.00
Roger Boyd UBS Lowers Buy $270.00 $300.00
Andrew Nowinski Wells Fargo Lowers Equal-Weight $182.00 $275.00
Catharine Trebnick Rosenblatt Announces Neutral $190.00 -
Hamza Fodderwala Morgan Stanley Lowers Equal-Weight $202.00 $214.00
Shrenik Kothari Baird Lowers Outperform $260.00 $265.00
Saket Kalia Barclays Lowers Overweight $205.00 $240.00
Gregg Moskowitz Mizuho Lowers Buy $240.00 $310.00
Adam Borg Stifel Lowers Buy $220.00 $270.00
Trevor Walsh JMP Securities Maintains Market Outperform $270.00 -
Eric Heath Keybanc Announces Overweight $220.00 -
Yi Fu Lee Cantor Fitzgerald Maintains Neutral $230.00 -
Ki Bin Kim Truist Securities Maintains Buy $260.00 $260.00
Yi Fu Lee Cantor Fitzgerald Maintains Neutral $230.00 -
Frederick Havemeyer Macquarie Maintains Outperform $245.00 $245.00

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: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Zscaler compared to the broader market.
  • Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Zscaler's stock. This examination reveals shifts in analysts' expectations over time.

Capture valuable insights into Zscaler's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic 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.

Financial Insights: Zscaler

Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.

Revenue Growth: Zscaler's revenue growth over a period of 3 months has been noteworthy. As of 30 April, 2024, the company achieved a revenue growth rate of approximately 5.37%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Zscaler's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 3.46%, the company may encounter challenges in effective cost control.

Return on Equity (ROE): Zscaler's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 1.86%, the company may face hurdles in achieving optimal financial returns.

Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.47%, the company may need to address challenges in generating satisfactory returns from its assets.

Debt Management: Zscaler's debt-to-equity ratio is below the industry average at 1.13, reflecting a lower dependency on debt financing and a more conservative financial approach.

Analyst Ratings: Simplified

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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