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Zscaler (ZS)
NASDAQ:ZS

Zscaler (ZS) Price & Analysis

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ZS Stock Chart & Stats

$133.16
$2.40(1.31%)
At close: 4:00 PM EST
$133.16
$2.40(1.31%)

Bulls Say, Bears Say

Bulls Say
Acquisition Integration And DisclosureStrong performance from the acquired business alongside more detailed disclosure on its contribution is reducing investor uncertainty and suggests the acquisition is contributing more than initially expected.
Guidance And OutlookManagement raised annual recurring revenue and revenue guidance while increasing operating profit expectations, signaling stronger fundamentals and supporting investor confidence.
Platform Adoption And Addressable MarketExpanding platform adoption and a growing total addressable market are driving larger customer commitments and positioning the company to capture incremental spending across users, branches, workloads, and cloud environments.
Bears Say
Contracting Structure And Deal ComplexityFlexible contract structures and expanding product breadth are reducing billings growth, lengthening deployment timelines, and creating variability in revenue recognition and margins.
Organic Growth DurabilityMuch of the reported annual recurring revenue upside was driven by acquisitions rather than organic demand, and elevated customer churn in the acquired business raises doubts about the sustainability of core growth.
Valuation And Sector Multiple RiskMultiple compression across the software sector is putting downward pressure on valuation and could limit stock upside even if revenue results remain solid.

Zscaler News

ZS FAQ

What was Zscaler’s price range in the past 12 months?
Zscaler lowest stock price was $128.00 and its highest was $336.99 in the past 12 months.
    What is Zscaler’s market cap?
    Zscaler’s market cap is $21.41B.
      When is Zscaler’s upcoming earnings report date?
      Zscaler’s upcoming earnings report date is May 28, 2026 which is in 60 days.
        How were Zscaler’s earnings last quarter?
        Zscaler released its earnings results on Feb 26, 2026. The company reported $1.01 earnings per share for the quarter, beating the consensus estimate of $0.894 by $0.116.
          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 1.01.
              How many shares outstanding does Zscaler have?
              Zscaler has 160,790,710 shares outstanding.
                What happened to Zscaler’s price movement after its last earnings report?
                Zscaler reported an EPS of $1.01 in its last earnings report, beating expectations of $0.894. Following the earnings report the stock price went down -12.171%.
                  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

                    Zscaler, Inc. operates as a cloud security company worldwide. The company provides Zscaler Internet Access solution that provides users, servers, operational technology, Internet of Things device secure access to externally managed applications, including software-as-a-service (SaaS) applications and Internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds. It also offers Zscaler Digital Experience that measures end-to-end user experience across business applications, as well as provides an easy to understand digital experience score for each user, application, and location within an enterprise. In addition, the company provides workload segmentation solutions comprising Zscaler Cloud Security Posture Management that identifies and remediates application misconfigurations in SaaS, infrastructure as a service, and platform as a service to reduce risk and ensure compliance with industry and organizational benchmarks; and Zscaler Cloud Workload Segmentation, which is designed to secure application-to-application communications inside public clouds and data centers to stop lateral threat movement, as well as prevents application compromise and reduces the risk of data breaches. Its platform modules include Zscaler Central Authority, Zscaler Enforcement Node, and Zscaler Log Servers. It serves customers in airlines and transportation, conglomerates, consumer goods and retail, financial services, healthcare, manufacturing, media and communications, public sector and education, technology, and telecommunications services industries. The company was formerly known as SafeChannel, Inc., and changed its name to Zscaler, Inc. in August 2008. Zscaler, Inc. was incorporated in 2007 and is headquartered in San Jose, California.

                    Zscaler (ZS) Earnings & Revenues

                    ZS Earnings Call

                    Q2 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call featured strong top-line and ARR growth, robust large-deal momentum, improved sales productivity, record pipeline conversion and raised guidance — all signaling durable demand, especially around AI Security, Zero Trust Everywhere and Data Security. Key positives include strong revenue/ARR beats, healthy cash balance and improved operating leverage. Near-term risks center on integration and elevated churn from the Red Canary acquisition, a modest QoQ decline in FCF margin, slight gross margin compression, and potential supply-cost pressures. Overall the quantitative and qualitative positives substantially outweigh the highlighted, manageable challenges.View all ZS earnings summaries

                    ZS Stock 12 Month Forecast

                    Average Price Target

                    $231.64
                    ▲(73.96% 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 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":201.07,"date":1743465600000,"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 45,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 9, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":227.06,"date":1746057600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n         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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 46,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 22, \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  style=\"color:#199ca5\">Buy 48,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 32, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      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                    Ownership Overview

                    19.01%15.28%8.98%39.07%
                    19.01% Insiders
                    8.98% Other Institutional Investors
                    39.07% Public Companies and Individual Investors
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