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ZS

Zscaler, Inc.

ZS

NASDAQ·Technology·Software - Infrastructure·Mkt cap $29.8B

$184.23

-1.64%

P/E

-383.81

Mkt Cap

$29.8B

52-Wk Range

$114.63–$336.99

52-Week Range

$114.63 - $336.99

P/E

-383.81

Fwd P/E

40.21

Beta

0.92

Div Yield

0.00%

Avg Vol

3.8M

Shares Out

160.8M

Mkt Cap

$29.8B

Price action

Price chart

Down 33.5% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Zero-trust architecture
  • Comprehensive cloud security platform
  • Global cloud infrastructure
  • Continuous threat intelligence

Bear Case

2 risks

  • Average volatility.
  • High premium - requires strong execution

Growth

Turning profitable

Remote work acceleration

Value

High premium - requires strong execution

Momentum

Hot

+31.9% over 3m

Quality

Excellent

Solid business

Dividend

None

No dividend

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Sep 3, 2026

LATEST RECAP

Most recent quarter reported revenue of $850.5M (+25% YoY). Reported EPS of -$0.09.

Reported EPS · last 4Q

Q3 26

-$0.09

Q2 26

-$0.21

Q1 25

-$0.07

Q4 25

-$0.11

Revenue trend · last 8Q

+23%

+23%

+21%

+26%

+26%

+25%

Q4 24

Q1 24

Q2 25

Q3 25

Q4 25

Q1 25

Q2 26

Q3 26

$592.9M

$628.0M

$647.9M

$678.0M

$719.2M

$788.1M

$815.8M

$850.5M

Margins · last 8Q

Gross

Operating

Profit

-1.6%

Wall Street consensus

31 analysts · 84% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

26

84%

Hold

5

16%

Sell

0%

Median Price Target

$212.00

+15.1% vs $184.23

Low $210.00
Median $212.00
High $214.00

Latest: Barclays · Aug 25, 2026

2 analysts covering

vs Industry

How ZS stacks vs Software - Infrastructure

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.