Zscaler (NASDAQ:ZS) Updates FY 2025 Earnings Guidance

Zscaler (NASDAQ:ZS) updated its FY 2025 earnings guidance on Monday. The company provided EPS guidance of 2.940-2.990 for the period, compared to the consensus EPS estimate of 2.870. The company issued revenue guidance of $2.6 billion-$2.6 billion, compared to the consensus revenue estimate of $2.6 billion. Zscaler also updated its FY25 guidance to $2.94-$2.99 EPS.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on ZS shares. Scotiabank decreased their target price on Zscaler from $210.00 to $195.00 and set a “sector outperform” rating for the company in a research report on Wednesday, September 4th. Oppenheimer dropped their price objective on Zscaler from $260.00 to $230.00 and set an “outperform” rating for the company in a research note on Wednesday, September 4th. Jefferies Financial Group lifted their price objective on Zscaler from $225.00 to $245.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Rosenblatt Securities reissued a “neutral” rating and issued a $190.00 target price on shares of Zscaler in a research note on Wednesday, September 4th. Finally, JPMorgan Chase & Co. boosted their price target on Zscaler from $220.00 to $240.00 and gave the company an “overweight” rating in a report on Friday. Ten equities research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $221.13.

Zscaler Stock Performance

Zscaler stock traded up $1.92 during midday trading on Monday, reaching $208.51. The company’s stock had a trading volume of 5,314,282 shares, compared to its average volume of 2,018,687. Zscaler has a fifty-two week low of $153.45 and a fifty-two week high of $259.61. The stock’s 50 day simple moving average is $190.12 and its 200 day simple moving average is $184.80. The firm has a market capitalization of $31.99 billion, a PE ratio of -516.46 and a beta of 0.82.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings results on Monday, December 2nd. The company reported $0.77 EPS for the quarter, beating the consensus estimate of $0.63 by $0.14. Zscaler had a negative return on equity of 3.46% and a negative net margin of 2.66%. The company had revenue of $628.00 million during the quarter, compared to analysts’ expectations of $605.51 million. During the same quarter in the previous year, the business earned ($0.18) EPS. The firm’s revenue was up 26.4% on a year-over-year basis. Equities analysts predict that Zscaler will post -0.95 earnings per share for the current year.

Insider Buying and Selling

In other Zscaler news, CEO Jagtar Singh Chaudhry sold 2,852 shares of the firm’s stock in a transaction dated Tuesday, September 17th. The stock was sold at an average price of $171.28, for a total transaction of $488,490.56. Following the completion of the sale, the chief executive officer now directly owns 361,432 shares in the company, valued at approximately $61,906,072.96. This trade represents a 0.78 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Robert Schlossman sold 1,435 shares of the firm’s stock in a transaction dated Wednesday, October 9th. The stock was sold at an average price of $181.70, for a total value of $260,739.50. Following the sale, the insider now directly owns 105,806 shares of the company’s stock, valued at $19,224,950.20. This trade represents a 1.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 30,502 shares of company stock worth $5,256,651 in the last three months. 18.10% of the stock is owned by insiders.

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.