Zscaler (NASDAQ:ZS) Updates FY 2025 Earnings Guidance

Zscaler (NASDAQ:ZS) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share guidance of 2.940-2.990 for the period, compared to the consensus earnings per share 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.

Zscaler Price Performance

NASDAQ ZS opened at $198.64 on Wednesday. Zscaler has a 1-year low of $153.45 and a 1-year high of $259.61. The firm has a market capitalization of $30.48 billion, a P/E ratio of -794.56 and a beta of 0.82. The business’s 50-day simple moving average is $190.79 and its 200-day simple moving average is $185.01.

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 net margin of 1.58% and a negative return on equity of 0.80%. The firm had revenue of $628.00 million for the quarter, compared to analyst estimates of $605.51 million. During the same quarter last 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. On average, equities research analysts expect that Zscaler will post -0.95 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

ZS has been the subject of several recent research reports. Barclays increased their price target on Zscaler from $200.00 to $220.00 and gave the company an “overweight” rating in a report on Thursday, November 21st. JPMorgan Chase & Co. increased their target price on Zscaler from $220.00 to $240.00 and gave the company an “overweight” rating in a research note on Friday, November 29th. Scotiabank boosted their price target on Zscaler from $195.00 to $205.00 and gave the stock a “sector outperform” rating in a research report on Tuesday. KeyCorp increased their price objective on shares of Zscaler from $245.00 to $250.00 and gave the company an “overweight” rating in a research report on Tuesday. Finally, Cantor Fitzgerald raised shares of Zscaler to a “hold” rating in a research report on Monday, November 18th. Eleven analysts have rated the stock with a hold rating and twenty-three have assigned a buy rating to the company. Based on data from MarketBeat, Zscaler presently has an average rating of “Moderate Buy” and an average price target of $224.38.

Insiders Place Their Bets

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 shares were sold at an average price of $171.28, for a total transaction of $488,490.56. Following the transaction, the chief executive officer now owns 361,432 shares of the company’s stock, valued at approximately $61,906,072.96. This trade represents a 0.78 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Robert Schlossman sold 1,435 shares of the company’s stock in a transaction that occurred on Wednesday, October 9th. The stock was sold at an average price of $181.70, for a total transaction of $260,739.50. Following the completion of the sale, the insider now directly owns 105,806 shares of the company’s stock, valued at approximately $19,224,950.20. This represents a 1.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 30,502 shares of company stock worth $5,256,651. Insiders own 18.10% 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.