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Zscaler (ZS)
NASDAQ:ZS
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Zscaler (ZS) Price & Analysis

9,520 Followers

ZS Stock Chart & Stats

$134.68
$2.40(1.31%)
At close: 4:00 PM EST
$134.68
$2.40(1.31%)

Bulls Say, Bears Say

Bulls Say
Recurring Subscription ModelZscaler's subscription-based, per-user/device/workload pricing creates predictable, high-retention recurring revenue and sizable ARR. That model supports multi-year visibility, upsell/cross-sell to existing customers and steady cash conversion, underpinning durable top-line stability.
Robust Cash GenerationConsistent and growing operating and free cash flow provides durable financial flexibility to fund R&D, go-to-market expansion, strategic M&A, and higher near-term CapEx. Strong FCF supports balance sheet strengthening and reduces dependence on external financing over the medium term.
Platform Leadership & Product MomentumRapid adoption of Zero Trust, growing data security ARR and AI-related bookings indicate a differentiated cloud-native platform with expanding use cases. Large enterprise wins, partner integrations and targeted acquisitions strengthen competitive moat and long-term cross-sell across customers.
Bears Say
Persisting GAAP UnprofitabilityDespite improving gross and operating metrics, the company remains unprofitable on a GAAP basis with negative returns on equity. This indicates the transition to durable accounting profitability is incomplete and could constrain investor confidence and capital allocation flexibility.
Guided Growth DecelerationManagement's projection of mid-teens ARR/revenue growth for FY27 signals a structural slowing from prior high-teens to mid-20s growth. Slower organic net new ARR constrains long-term revenue expansion and reduces the pace at which the business can leverage fixed investment into higher operating profit.
Rising CapEx And Supply-chain PressureHigher capital intensity and opportunistic pull-forward purchases driven by component cost/availability pressures reduce free-cash-flow margins and create variability in cash generation. Increased CapEx absorption can delay reinvestment payback and compress near-term capital returns.

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 $24.25B.
      When is Zscaler’s upcoming earnings report date?
      Zscaler’s upcoming earnings report date is Sep 08, 2026 which is in 49 days.
        How were Zscaler’s earnings last quarter?
        Zscaler released its earnings results on May 26, 2026. The company reported $1.08 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.07.
          Is Zscaler overvalued?
          According to Wall Street analysts Zscaler’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Zscaler pay dividends?
            Zscaler does not currently pay dividends.
            What is Zscaler’s EPS estimate?
            Zscaler’s EPS estimate is 1.09.
              How many shares outstanding does Zscaler have?
              Zscaler has 161,709,520 shares outstanding.
                What happened to Zscaler’s price movement after its last earnings report?
                Zscaler reported an EPS of $1.08 in its last earnings report, beating expectations of $1.01. Following the earnings report the stock price went down -31.522%.
                  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

                    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.

                    Zscaler (ZS) Earnings & Revenues

                    ZS Stock 12 Month Forecast

                    Average Price Target

                    $196.76
                    ▲(46.10% Upside)
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style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":136.67,"date":1775001600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 44,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 8, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":139.81,"date":1777593600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 51,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 11, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      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                    Ownership Overview

                    17.11%14.31%0.48%50.86%
                    17.11% Insiders
                    0.48% Other Institutional Investors
                    50.86% Public Companies and Individual Investors
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