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ZS Stock Chart & Stats
$168.42
$5.79(4.07%)
At close: 4:00 PM EDT
$168.42
$5.79(4.07%)
Day’s Range― - ―
52-Week Range$114.63 - $336.99
Previous CloseN/A
Volume602.07K
Average Volume (3M)2.45M
Market Cap
$27.69B
Enterprise Value$22.86K
Total Cash (Recent Filing)$3.47B
Total Debt (Recent Filing)$1.86B
Price to Earnings (P/E)―
Beta1.35
Next Earnings
Dec 01, 2026EPS Estimate
1.15Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.39
Shares Outstanding163,054,700
10 Day Avg. Volume2,871,229
30 Day Avg. Volume2,451,213
Financial Highlights & Ratios
PEG Ratio-8.72
Price to Book (P/B)9.32
Price to Sales (P/S)7.23
P/FCF Ratio28.42
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$205.27Price Target Upside21.88% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering32
EPS Forecast (FY)4.6
Revenue Forecast (FY)$3.90B
Bulls Say, Bears Say
Bulls Say
Scaled Recurring Growth With Strong Gross MarginsThe combination of substantial revenue scale and consistently high gross margins supports a durable subscription model with meaningful operating leverage potential. Continued expansion can provide increasing resources for product investment, sales capacity, and platform development while preserving strong unit economics.
Robust And Recurring Cash GenerationSustained positive free cash flow despite accounting losses demonstrates strong cash conversion from the subscription business and provides financial flexibility. This internally generated funding can support innovation, acquisitions, infrastructure investment, and balance-sheet management without relying solely on external capital.
Broad Platform Adoption And AI Security MomentumGrowth across AI protection, data security, and zero-trust deployments indicates that customers are adopting Zscaler beyond core web access. Broader platform use can increase customer value, raise cross-sell potential, and strengthen competitive positioning as security needs expand across users, workloads, branches, and AI agents.
Bears Say
GAAP Losses And Negative Shareholder ReturnsPersistent GAAP losses show that the company has not yet converted its scale and gross-margin strength into sustained bottom-line profitability. Negative returns on equity can constrain the quality of earnings and keep execution dependent on continued growth, disciplined spending, and eventual operating leverage.
Expected Growth DecelerationA shift from mid-20s growth to mid-teens growth would slow the pace at which Zscaler expands its recurring revenue base. Lower growth can reduce operating leverage and make execution more important, particularly as the company invests in AI-focused offerings and broadens beyond its traditional user-based model.
Sales Leadership Turnover Creates Execution RiskSales leadership changes can disrupt account coverage, forecasting, hiring, and large-deal execution during a period when growth expectations are already moderating. Even with internal and external replacements underway, transition risk may temporarily affect new-logo acquisition, productivity, and the consistency of expansion bookings.
Zscaler News
ZS FAQ
What was Zscaler’s price range in the past 12 months?
Zscaler lowest stock price was $114.63 and its highest was $336.99 in the past 12 months.
What is Zscaler’s market cap?
Zscaler’s market cap is $27.69B.
When is Zscaler’s upcoming earnings report date?
Zscaler’s upcoming earnings report date is Dec 01, 2026 which is in 86 days.
How were Zscaler’s earnings last quarter?
Zscaler released its earnings results on Sep 03, 2026. The company reported $1.19 earnings per share for the quarter, beating the consensus estimate of $1.089 by $0.101.
Is Zscaler overvalued?
According to Wall Street analysts Zscaler’s price is currently Undervalued.
Does Zscaler pay dividends?
Zscaler does not currently pay dividends.
What is Zscaler’s EPS estimate?
Zscaler’s EPS estimate is 1.15.
How many shares outstanding does Zscaler have?
Zscaler has 163,054,700 shares outstanding.
What happened to Zscaler’s price movement after its last earnings report?
Zscaler reported an EPS of $1.19 in its last earnings report, beating expectations of $1.089. Following the earnings report the stock price went down -4.499%.
Which hedge fund is a major shareholder of Zscaler?
Currently, no hedge funds are holding shares in ZS
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Zscaler Stock Smart Score
Neutral
1
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5
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7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$205.27 (21.88% Upside)
$205.27 (21.88% Upside)
Blogger Sentiment
Bullish
ZS Sentiment 85%
Sector Average 60%
Sector Average 60%
Hedge Fund Trend
Decreased
By 1.5M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.8%
Last 30 Days ▼ 3.3%
Last 30 Days ▼ 3.3%
News Sentiment
Very Bullish
Bullish news 92%
Bearish news 8%
Bearish news 8%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-36.70%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
22.54%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Zscaler
Globally recognized, Zscaler, Inc. functions as a leading provider of cloud-based security solutions. Its core offerings include Zscaler Internet Access (ZIA), which ensures secure connectivity for a diverse range of entities – including users, servers, operational technology (OT), and IoT devices – when accessing external resources like software-as-a-service (SaaS) applications and general internet destinations. Complementing this, the Zscaler Private Access (ZPA) solution facilitates secure entry to internal applications residing in private or public clouds and traditional data centers. Zscaler also delivers Zscaler Digital Experience (ZDX), a tool that assesses the complete user journey across various business applications. ZDX then generates a clear, digestible digital experience score for individual users, specific applications, and different locations within an organization. Furthermore, the company's portfolio extends to advanced workload segmentation solutions. This category includes Zscaler Cloud Security Posture Management (CSPM), designed to identify and correct application misconfigurations across SaaS, IaaS, and PaaS environments, thereby minimizing risk and upholding compliance standards. Another key offering is Zscaler Cloud Workload Segmentation, specifically engineered to fortify application-to-application communication within public clouds and data centers. Its objective is to thwart lateral threat propagation, safeguard applications from compromise, and ultimately mitigate the potential for data breaches. The underlying platform is built upon integral components such as the Zscaler Central Authority, Zscaler Enforcement Nodes, and Zscaler Log Servers. Serving a diverse global clientele, Zscaler caters to numerous sectors including aviation and transportation, conglomerates, consumer goods and retail, financial services, healthcare, manufacturing, media and communications, public sector and education, as well as technology and telecommunications. Founded in 2007, the company initially operated as SafeChannel, Inc., before rebranding to Zscaler, Inc. in August 2008. Its corporate headquarters are located in San Jose, California.
ZS Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong operating performance and clear product and commercial momentum — ARR and revenue both grew 25% YoY, operating margin hit a record 23%, cloud marketplace and AI/security offerings showed accelerating traction, and cash and RPO remain robust. Management, however, took a cautious tone on near-term growth due to recent sales leadership turnover, supply-chain driven CapEx pressure (pull-forward purchases) that compresses quarterly free cash flow, and an early FY27 outlook implying a deceleration to mid-teens growth. Overall the tone is confident about long-term AI-driven opportunity and platform differentiation, while prudent on short-term guide and investments.View all ZS earnings summariesZS Stock 12 Month Forecast
Average Price Target
$205.27
▲(21.88% Upside)
Technical Analysis
Ownership Overview
17.11% Insiders
14.31% Mutual Funds
7.87% Other Institutional Investors
43.20% Public Companies and Individual Investors












