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

9,647 Followers

ZS Stock Chart & Stats

$168.42
$5.79(4.07%)
At close: 4:00 PM EDT
$168.42
$5.79(4.07%)

Bulls Say, Bears Say

Bulls Say
Recurring Platform Model And ExpansionTerm-based subscriptions provide recurring revenue visibility, while expanding users, geographies, modules and product coverage can deepen customer relationships. This combination supports durable retention economics and gives Zscaler multiple paths to grow account value over the next several quarters.
Strong Growth And Enterprise AdoptionStrong top-line and ARR growth, together with rising large-customer penetration, indicates broad enterprise demand rather than reliance on isolated contracts. Larger deployments can increase platform integration and create a durable base for additional products, users and workloads.
High-margin Cash GenerationHigh gross margins and substantial positive cash flow demonstrate attractive SaaS economics despite ongoing GAAP losses. Strong cash conversion provides resources for product development, infrastructure investment and strategic initiatives while supporting financial flexibility over the medium term.
Bears Say
Persistent GAAP LossesContinued negative EBIT and net income show that accounting profitability has not yet been established. Although improving EBITDA and non-GAAP margins are encouraging, the absence of sustained GAAP earnings can constrain the durability of reported profitability and leaves execution dependent on continued growth.
Growth Is ModeratingManagement expects a meaningful deceleration from fiscal 2026 growth to mid-teen expansion in fiscal 2027. Slower growth can reduce operating leverage, make customer expansion more important and increase pressure on execution as Zscaler scales from a larger revenue base.
Higher Investment And Integration Execution RiskHigher infrastructure spending can weigh on free cash flow margins, while Red Canary’s elevated MDR churn and workforce restructuring create execution demands. These pressures may divert management attention and delay the contribution of newer offerings during the next several quarters.

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 $31.61B.
      When is Zscaler’s upcoming earnings report date?
      Zscaler’s upcoming earnings report date is Dec 01, 2026 which is in 75 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. 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 1.16.
              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

                    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 Earnings Call

                    Q4 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call was strongly positive. Zscaler reported 25% revenue and ARR growth, accelerating organic net new ARR, record sales productivity, expanding enterprise adoption, strong Z-Flex activity, improving profitability and substantial momentum in AI security, data security and Zero Trust Everywhere. The main challenges were moderating fiscal 2027 growth guidance, elevated infrastructure costs and CapEx, lower free cash flow margin, workforce restructuring, sales leadership transitions and elevated Red Canary churn.View all ZS earnings summaries

                    ZS Stock 12 Month Forecast

                    Average Price Target

                    $208.90
                    ▲(24.04% Upside)
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<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 46,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 6, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":304.53,"date":1759276800000,"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 46,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 6, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":331.14,"date":1761955200000,"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 72,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 12, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":243.28,"date":1764547200000,"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 41,\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":224.92,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  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style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":155.71,"date":1780272000000,"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 64,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 13, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":146.45,"date":1782864000000,"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 69,\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

                    16.96%14.20%7.80%43.66%
                    16.96% Insiders
                    7.80% Other Institutional Investors
                    43.66% Public Companies and Individual Investors
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