On August 27, Zscaler Inc. rose 5.04% in regular trading, trading at $182.655/share, with turnover of $46.55 million. The rally was driven by multiple analyst upgrades and optimistic expectations ahead of the company's fiscal Q4 earnings report scheduled for September 3.

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. Earlier, BofA Securities also lifted its target to $210 from $175, while Guggenheim upgraded the stock to Buy with a $214 target. Oppenheimer noted that Zscaler is expected to deliver a slight upside to fiscal Q4 results, with the setup for fiscal 2027 appearing favorable.

Market consensus expects quarterly revenue of $877 million, up 24.12% year-over-year, and adjusted EPS of $1.09, up 35.94%. The broader cybersecurity sector provided additional tailwinds, with peer CrowdStrike surging 14.41% on the same day.

(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.)