Canaccord Genuity analyst Michael Walkley maintained a Buy rating on Zscaler (NASDAQ:ZS) on Tuesday, setting a price target of $250, which is approximately 35.67% above the present share price of $184.27.
Walkley expects Zscaler to post earnings per share (EPS) of -$0.50 for the first quarter of 2021.
The current consensus among 21 TipRanks analysts is for a Moderate Buy rating of shares in Zscaler, with an average price target of $233.48.
The analysts price targets range from a high of $255 to a low of $175.
In its latest earnings report, released on 01/31/2021, the company reported a quarterly revenue of $157.04 million and a net profit of -$53.9 million. The company's market cap is $25.05 billion.
According to TipRanks.com, Canaccord Genuity analyst Michael Walkley is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 25.3% and a 67.00% success rate.
Zscaler, Inc. engages in the provision of cloud-based internet security platform. It operates through the United States and Rest of the World geographical segments. It offers Zcaler internet access, private access, and platform. The company was founded by Jay Chaudhry and K. Kailash in September 2007 and is headquartered in San Jose, CA.