KeyCorp Comments on Zscaler’s Q1 Earnings (NASDAQ:ZS)

Zscaler, Inc. (NASDAQ:ZS) – KeyCorp issued their Q1 2026 EPS estimates for Zscaler in a report released on Thursday, December 19th. KeyCorp analyst E. Heath anticipates that the company will post earnings per share of ($0.02) for the quarter. KeyCorp currently has a “Overweight” rating and a $250.00 price target on the stock. The consensus estimate for Zscaler’s current full-year earnings is ($0.24) per share. KeyCorp also issued estimates for Zscaler’s Q2 2026 earnings at $0.01 EPS, Q3 2026 earnings at $0.03 EPS and Q4 2026 earnings at $0.11 EPS.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings results on Monday, December 2nd. The company reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.63 by $0.14. Zscaler had a negative net margin of 1.58% and a negative return on equity of 0.75%. The business had revenue of $628.00 million during the quarter, compared to the consensus estimate of $605.51 million. During the same period in the previous year, the firm posted ($0.18) earnings per share. Zscaler’s revenue for the quarter was up 26.4% compared to the same quarter last year.

ZS has been the subject of a number of other research reports. Guggenheim restated a “neutral” rating on shares of Zscaler in a research report on Tuesday, December 3rd. Susquehanna raised their price target on Zscaler from $210.00 to $225.00 and gave the stock a “positive” rating in a research report on Tuesday, December 3rd. Wells Fargo & Company boosted their price objective on Zscaler from $180.00 to $190.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 4th. Bank of America downgraded shares of Zscaler from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $265.00 to $195.00 in a report on Wednesday, September 4th. Finally, BNP Paribas started coverage on shares of Zscaler in a report on Tuesday, October 8th. They issued a “neutral” rating and a $180.00 price target for the company. Eleven investment analysts have rated the stock with a hold rating and twenty-three have issued a buy rating to the company’s stock. According to MarketBeat.com, Zscaler currently has a consensus rating of “Moderate Buy” and a consensus price target of $224.84.

Zscaler Trading Down 0.8 %

Shares of ZS opened at $185.94 on Monday. The stock has a market cap of $28.53 billion, a P/E ratio of -743.76 and a beta of 0.82. Zscaler has a 1 year low of $153.45 and a 1 year high of $259.61. The stock’s 50-day moving average price is $197.50 and its two-hundred day moving average price is $187.90.

Insider Activity at Zscaler

In other Zscaler news, insider Syam Nair sold 3,682 shares of the firm’s stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $200.32, for a total value of $737,578.24. Following the sale, the insider now owns 142,866 shares in the company, valued at $28,618,917.12. This trade represents a 2.51 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Jagtar Singh Chaudhry sold 2,863 shares of the company’s stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $200.32, for a total transaction of $573,516.16. Following the transaction, the chief executive officer now owns 358,569 shares of the company’s stock, valued at $71,828,542.08. This trade represents a 0.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 16,630 shares of company stock valued at $3,155,697 over the last three months. 18.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Quest Partners LLC bought a new position in Zscaler during the 2nd quarter worth $28,000. Prestige Wealth Management Group LLC bought a new position in shares of Zscaler during the third quarter worth about $31,000. True Wealth Design LLC raised its position in shares of Zscaler by 18,500.0% during the third quarter. True Wealth Design LLC now owns 186 shares of the company’s stock worth $32,000 after acquiring an additional 185 shares during the last quarter. Asset Dedication LLC lifted its stake in shares of Zscaler by 436.8% in the second quarter. Asset Dedication LLC now owns 204 shares of the company’s stock worth $39,000 after acquiring an additional 166 shares during the period. Finally, Wilmington Savings Fund Society FSB bought a new stake in Zscaler in the third quarter valued at approximately $38,000. Institutional investors and hedge funds own 46.45% of the company’s stock.

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.