ZS Zscaler, Inc.

BULLISH Impact: 2/10 ANALYST-UPGRADE
Processed 5d 4h ago SEC analyst-ZS-mizuho-20251216
18 firms acted on ZS: Wells Fargo, Mizuho, Bernstein, Macquarie, Morgan Stanley, B. Riley Securities, Wells Fargo, Piper Sandler, Roth Capital, Cantor Fitzgerald, Stephens & Co., B of A Securities, Rosenblatt, Exane BNP Paribas, B of A Securities, Raymond James, Mizuho, JP Morgan
Final — all horizons settled through T+60d ⚠ clustered
ZS ▼ -34.22% at T+60d
LONG call ✗ call lost -34.22% · α vs SPY -32.78% · entry $232.67 → $153.05
Currently $130.78 · -43.79% from $232.67 entry
Entry anchored
Dec 15, 04:29 PM ET
via Databento tick
T+1d
-3.00%
call -3.00% · α -1.90%
$225.69
settled 6mo ago
T+5d
-1.53%
call -1.53% · α -2.86%
$229.12
settled 6mo ago
T+20d
-9.52%
call -9.52% · α -11.47%
$210.53
settled 5mo ago
T+60d
-34.22%
call -34.22% · α -32.78%
$153.05
settled 3mo ago

Price Chart

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Executive Summary

18 firms acted on ZS: Wells Fargo, Mizuho, Bernstein, Macquarie, Morgan Stanley, B. Riley Securities, Wells Fargo, Piper Sandler, Roth Capital, Cantor Fitzgerald, Stephens & Co., B of A Securities, Rosenblatt, Exane BNP Paribas, B of A Securities, Raymond James, Mizuho, JP Morgan

Impact Score

Base Score
2/7
LLM Adjustment
+0
Final Score
2/10

Consensus & Targets

Buy / Strong Buy
47 (81%)
Hold
11
Sell / Strong Sell
0
Total Analysts
44
Mean PT
$194.46
Median PT
$195.00
High PT
$250.00
Low PT
$145.00
Current Price
$139.73
Implied Upside
+39.2%

Recent Analyst Activity

DateFirmActionRatingPrice Target
2026-05-28 Wells Fargo maintain Overweight $180.00
2026-05-27 UBS maintain Buy $225.00
2026-05-27 B. Riley Securities maintain Buy $215.00
2026-05-27 Citigroup maintain Buy $175.00
2026-05-27 Truist Securities maintain Buy $200.00
2026-05-27 BMO Capital maintain Outperform $178.00
2026-05-27 Stephens & Co. maintain Overweight $200.00
2026-05-27 Morgan Stanley maintain Equal-Weight $145.00
2026-05-27 Barclays maintain Overweight $170.00
2026-05-27 Stifel maintain Buy $175.00

Firm Track Record — Mizuho

Mizuho accuracy: 52% on 2227 calls | avg return: 4.7%

Industry benchmark: mean 51% ± 11%. Top tier: ≥61% (mean + 1σ). Based on 15 firms with ≥5 scored calls.

FirmAccuracyCallsAvg Returnvs Average
Stephens & Co. 100% 3/3 19.8% top tier
Truist Securities 100% 2/2 1.9% top tier
Loop Capital 80% 4/5 10.8% top tier
Barclays 73% 8/11 4.2% top tier
Baird 71% 5/7 8.8% top tier
Stifel 71% 5/7 1% top tier
Bernstein 67% 2/3 -18.5% top tier
Mizuho 64% 7/11 -2% top tier
BMO Capital 63% 5/8 12.1% top tier
Wedbush 60% 3/5 5% above average

Earnings Estimates

PeriodEPS Est.EPS RangeRevenueRevisions (7d)
0q $1.09 $1.08 — $1.16 $877.6M ↑0 ↓0
+1q $1.08 $0.91 — $1.16 $926.2M ↑0 ↓0
0y $4.13 $4.10 — $4.33 $3.3B ↑0 ↓0
+1y $4.60 $3.96 — $5.42 $3.9B ↑0 ↓0

Cross-Platform Signals

Insider Trades (90d)
0 buys / 5 sells
Institutional
TWO SIGMA INVESTMENTS, LP — trim (-63.9%)
Institutional
NORGES BANK — new
Institutional
MORGAN STANLEY — add (25.4%)
Short Interest
Short: 9,724,771 | Exempt: 772,632 | TRF Vol: 15,460,957 | Short Ratio: 62.9% | Off-exchange volume (dark pool + OTC)

Documents Analyzed

Report based on filing metadata.

15 reports for ZS
Performance horizon
75% Hit rate 3 of 4 directional calls best @ T+5▲ +6.80%Apr 22, 2026
Filters
Rows
Reports for ZS — sortable, filterable
Type Now
Jun 1, 2026
4d ago
ANALYST-UPGRADE
BULLISH ★ 3/10
awaiting T+5
May 31, 2026
5d ago
ANALYST-UPGRADE
BULLISH ★ 2/10
$232.67 $229.12▼ −1.53%▼ −2.86%$130.78 (−43.79%)
May 27, 2026
9d ago
ANALYST-DOWNGRADE
BEARISH ★ 5/10
awaiting T+5
May 26, 2026
10d ago
8-K
MIXED ★ 6/10
$126.17 $134.28▲ +6.43%▲ +5.96%$130.78 (+3.65%)
May 22, 2026
14d ago
ANALYST-DOWNGRADE
BEARISH ★ 3/10
$142.00 $134.27▲ +5.44%▲ +5.50%$130.78 (+7.90%)
May 21, 2026
15d ago
Press Release
BULLISH ★ 6/10
awaiting T+5
May 19, 2026
17d ago
Press Release
NEUTRAL ★ 4/10
awaiting T+5
May 18, 2026
18d ago
ANALYST-UPGRADE
BULLISH ★ 3/10
awaiting T+5
May 9, 2026
27d ago
ANALYST-DOWNGRADE
BEARISH ★ 3/10
$121.25 $134.28▼ −10.75%▼ −7.56%$130.78 (−7.86%)
May 7, 2026
29d ago
Press Release
NEUTRAL ★ 3/10
$152.03 $152.43▲ +0.26%▼ −1.24%$130.78 (−13.98%)
Showing 10 of 15

US Market Status

Market Closed — Opens Mon (36h 25m)

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