Movement Alert|Zscaler Inc. Rises 5.07% in Pre-Market Trading, Barclays Raises Target Price Ahead of Earnings Report

Market Focus
Aug 27

On August 27, Zscaler Inc. rose 5.07% in pre-market trading, trading at $179.0/share, with turnover of $2.0896 million.

On the news front, Barclays raised its price target on Zscaler from $170 to $192, maintaining an Overweight rating. FactSet data shows the average analyst target price stands at $198.44. Meanwhile, Oppenheimer expects the company to deliver slight upside to fiscal Q4 results when it reports on September 3, and views the setup for fiscal 2027 as favorable. Market consensus estimates project total Q4 revenue of $877 million, representing 24.12% year-over-year growth, with adjusted EPS of $1.09, up 35.94% year-over-year.

Broader cybersecurity sector strength also provided tailwinds, with peer CrowdStrike surging approximately 10% on the same day. Within the Systems Software sector, Oracle rose 2.09%, NEBIUS gained 4.59%, and ServiceNow advanced 3.48%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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