Zscaler Inc (NASDAQ:ZS) price on current trading day, fall -3.24% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $195.57.
A look at the stock’s price movement, the level at last check in today’s session was $202.12, moving within a range at $192.37 and $198.83. The beta value (5-Year monthly) was 1.115. Turning to its 52-week performance, $217.84 and $153.45 were the 52-week high and 52-week low respectively. Overall, ZS moved -1.12% over the past month.
Zscaler Inc’s market cap currently stands at around $30.26 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-04.
Analysts have a consensus estimate of 667.15M for the company’s revenue for the quarter, with a low and high estimate of 665.7M and 682.79M respectively. The average forecast suggests up to a 20.60% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 2.66B, representing a 22.59% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that ZS is a Hold. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
41 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 6 analyst(s) rate the stock as a Hold, 29 recommend ZS as a Buy and 3 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 3 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
ZS’s current price about -2.13% and -2.83% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 48.89, while 7-day volatility ratio is 10.24% and 5.21% in the 30-day chart. Further, Zscaler Inc (ZS) has a beta value of 1.15, and an average true range (ATR) of 11.80. Analysts have given the company’s stock an average 52-week price target of $241, forecast between a low of $200 and high of $260. Looking at the price targets, the low is -2.27% off recent price level in today’s trading while to achieve the yearly target high, it has to move -32.94%. Nonetheless, investors will most likely welcome a -23.23% jump to $241 which is the analysts’ median price.
If we refocus on Zscaler Inc (NASDAQ:ZS), historical trading data shows that trading volumes averaged 3.4 over the past 10 days and 2.11 million over the past 3 months. The company’s latest data on shares outstanding shows there are 154.72 million shares.
The 37.92% of Zscaler Inc’s shares are in the hands of company insiders while institutional holders own 49.63% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 6.2 million on 2025-03-14, giving us a short ratio of 2.59. The data shows that as of 2025-03-14 short interest in Zscaler Inc (ZS) stood at 635.0 of shares outstanding, with shares short rising to 5.87 million registered in 2025-02-14. Current price change has pushed the stock 8.40% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ZS stock continues to rise going into the next quarter.
