Zscaler, Inc.

Zscaler, Inc.

ZSยทNASDAQ

$134.37

-6.8%
TechnologySoftware - Infrastructure

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.

At a Glance

Live Snapshot
Market Cap$21.73B
EPS-0.2700
P/E Ratio-497.67
Earnings Date06/04/2026
zs

Zscaler, Inc. Street Expectations Map

ZS ยท NASDAQ

Wall Street analysts project that ZS stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 199.77, with estimates ranging from a low of 145.00 to a high of 320.00.

Lowest Target
145.00
7.91%
Consensus Target
199.77
48.67%
Highest Target
320.00
138.15%

The consensus 1-year price target stands at 199.77, with estimates ranging from a low of 145.00 to a high of 320.00.

Analyst Consensus Analysis

Upside Potential

+48.7%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

87.6% spread

High uncertainty. Very wide target spread indicates significant disagreement among analystsโ€”major valuation uncertainty or transformation underway.

Analyst Conviction

Low

High uncertainty: Wide dispersion indicates analysts struggle to agree on valuationโ€”proceed with caution and independent analysis.

Market Sentiment Insight

High risk, high reward: Substantial upside potential exists, but wide analyst disagreement signals execution risk or unclear catalysts. Thorough due diligence essential before committing capital.

zs

Zscaler, Inc. Forward Estimates of Revenue

ZS ยท NASDAQ
Latest Revenue
2.67B
FY 2025
Avg Estimate
3.29B
FY 2026
Estimate Range
3.27B - 3.30B
Analyst Spread

Forward Growth Analysis

Projected Growth+23.2%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage34 Analysts

Extensive analyst coverage provides high-quality consensus estimates and market transparency.

Estimate Spread1%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

zs

Zscaler, Inc. Forward Estimates of Net Income

ZS ยท NASDAQ
Latest Net Income
-41.48M
FY 2025
Avg Estimate
578.66M
FY 2026
Estimate Range
564.70M - 592.62M
Analyst Spread

Forward Growth Analysis

Projected Growth+1495.1%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage34 Analysts

Extensive analyst coverage provides high-quality consensus estimates and market transparency.

Estimate Spread5%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

zs

Zscaler, Inc. Forward Estimates of EPS

ZS ยท NASDAQ
Latest EPS
-0.27
FY 2025
Avg Estimate
$3.81
FY 2026
Estimate Range
$3.66 - $3.84
Analyst Spread

Forward Growth Analysis

Projected Growth+1510.4%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage26 Analysts

Extensive analyst coverage provides high-quality consensus estimates and market transparency.

Estimate Spread5%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

zs

Zscaler, Inc. Forward Estimates of EBIT

ZS ยท NASDAQ
Latest EBIT
-8.77M
FY 2025
Avg Estimate
-475.69M
FY 2026
Estimate Range
-477.14M - -472.80M
Analyst Spread

Forward Growth Analysis

Projected Growth-5324.7%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage34 Analysts

Extensive analyst coverage provides high-quality consensus estimates and market transparency.

Estimate Spread1%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

zs

Zscaler, Inc. Forward Estimates of EBITDA

ZS ยท NASDAQ
Latest EBITDA
112.41M
FY 2025
Avg Estimate
-198.20M
FY 2026
Estimate Range
-198.80M - -197.00M
Analyst Spread

Forward Growth Analysis

Projected Growth-276.3%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage34 Analysts

Extensive analyst coverage provides high-quality consensus estimates and market transparency.

Estimate Spread1%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

zs

Zscaler, Inc. Forward Estimates of SG&A Expense

ZS ยท NASDAQ
Latest SG&A Expense
1.51B
FY 2025
Avg Estimate
2.31B
FY 2026
Estimate Range
2.29B - 2.31B
Analyst Spread

Forward Growth Analysis

Projected Growth+52.7%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage34 Analysts

Extensive analyst coverage provides high-quality consensus estimates and market transparency.

Estimate Spread1%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

zs

Zscaler, Inc. Insider Positioning

ZS ยท NASDAQ

During the last 12 months, insiders have sold $37.19M worth of ZS shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

15.3K

2.39M

Net Activity

-2.4M

-$2.39M

3-6 Months

Bought

0

0.00

Sold

23.4K

5.42M

Net Activity

-5.4M

-$5.42M

6-9 Months

Bought

0

0.00

Sold

40.9K

11.66M

Net Activity

-11.7M

-$11.66M

9-12 Months

Bought

0

0.00

Sold

58.9K

17.72M

Net Activity

-17.7M

-$17.72M

Top Buyers

No buying activity

Top Sellers

1
RMJ

Rich Michael J.

Officer: Cro And President Of Ww Sales

33.2K sharesโ€ข5 transactions

$9.06M

2
SR

Schlossman Robert

Officer: Chief Legal Officer

23.8K sharesโ€ข9 transactions

$6.47M

3
GA

Geller Adam

Officer: Chief Product Officer

24.8K sharesโ€ข8 transactions

$6.42M

4
BAWF

Brown Andrew William Fraser

Director

19.9K sharesโ€ข1 transactions

$5.92M

5
JR

Judge Raj

Director, Officer: Evp, Corp. Strategy & Ventures

13.4K sharesโ€ข4 transactions

$3.35M

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $37.19M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$2.39M

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

High Selling

5 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.