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Technology - Software - Infrastructure - NASDAQ - US
$ 306.1272
1.36 %
$ 47.7 B
Market Cap
-1157.23
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one ZS stock under the worst case scenario is HIDDEN Compared to the current market price of 306 USD, Zscaler, Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one ZS stock under the base case scenario is HIDDEN Compared to the current market price of 306 USD, Zscaler, Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one ZS stock under the best case scenario is HIDDEN Compared to the current market price of 306 USD, Zscaler, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart ZS

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$320.0$320.0$300.0$300.0$280.0$280.0$260.0$260.0$240.0$240.0$220.0$220.0$200.0$200.0$180.0$180.0$160.0$160.015 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '25
FINANCIALS
2.17 B REVENUE
34.07%
-121 M OPERATING INCOME
48.22%
-57.7 M NET INCOME
71.48%
780 M OPERATING CASH FLOW
68.67%
-683 M INVESTING CASH FLOW
-163.43%
64.2 M FINANCING CASH FLOW
39.61%
648 M REVENUE
3.18%
-40.1 M OPERATING INCOME
-30.89%
-7.72 M NET INCOME
35.91%
179 M OPERATING CASH FLOW
-45.85%
518 K INVESTING CASH FLOW
100.26%
24.9 M FINANCING CASH FLOW
2698.88%
Balance Sheet Zscaler, Inc.
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Current Assets 3.4 B
Cash & Short-Term Investments 2.41 B
Receivables 737 M
Other Current Assets 250 M
Non-Current Assets 1.31 B
Long-Term Investments 0
PP&E 473 M
Other Non-Current Assets 835 M
51.22 %15.65 %5.32 %10.05 %17.76 %Total Assets$4.7b
Current Liabilities 3.11 B
Accounts Payable 23.3 M
Short-Term Debt 1.19 B
Other Current Liabilities 1.9 B
Non-Current Liabilities 318 M
Long-Term Debt 44.8 M
Other Non-Current Liabilities 273 M
34.78 %55.28 %7.96 %Total Liabilities$3.4b
EFFICIENCY
Earnings Waterfall Zscaler, Inc.
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Revenue 2.17 B
Cost Of Revenue 477 M
Gross Profit 1.69 B
Operating Expenses 1.81 B
Operating Income -121 M
Other Expenses -63.8 M
Net Income -57.7 M
3b3b2b2b2b2b1b1b500m500m00(500m)(500m)2b(477m)2b(2b)(121m)64m(58m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
77.99% GROSS MARGIN
77.99%
-5.60% OPERATING MARGIN
-5.60%
-2.66% NET MARGIN
-2.66%
-4.53% ROE
-4.53%
-1.23% ROA
-1.23%
-8.61% ROIC
-8.61%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Zscaler, Inc.
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600m600m500m500m400m400m300m300m200m200m100m100m00(100m)(100m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income -57.7 M
Depreciation & Amortization 80.9 M
Capital Expenditures -195 M
Stock-Based Compensation 528 M
Change in Working Capital 66.1 M
Others 383 M
Free Cash Flow 585 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Zscaler, Inc.
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Wall Street analysts predict an average 1-year price target for ZS of $222 , with forecasts ranging from a low of $164 to a high of $305 .
ZS Lowest Price Target Wall Street Target
164 USD -46.43%
ZS Average Price Target Wall Street Target
222 USD -27.53%
ZS Highest Price Target Wall Street Target
305 USD -0.37%
Price
Max Price Target
Min Price Target
Average Price Target
320320300300280280260260240240220220200200180180160160140140Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 8
6. Ownership
Insider Ownership Zscaler, Inc.
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Sold
0-3 MONTHS
46.8 M USD 8
3-6 MONTHS
4.69 M USD 5
6-9 MONTHS
8.21 M USD 6
9-12 MONTHS
7.5 M USD 5
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Zscaler's Agentic Ops Surge: Will It Be the Next Growth Driver? ZS' agentic operations fuel explosive growth, lifting new ARR categories to a $1B milestone. zacks.com - 1 week ago
1 Monster Growth Stock That's Crushing the Market in 2025 Shares of Zscaler (ZS 1.31%) have defied the broader stock market weakness in 2025 by registering impressive gains of 62% to investors so far this year, and it looks like this impressive rally is here to stay following the release of the company's latest quarterly results. fool.com - 1 week ago
Zscaler, Inc. (ZS) Presents at Bank of America 2025 Global Technology Conference Transcript Zscaler, Inc. (NASDAQ:ZS ) Bank of America 2025 Global Technology Conference June 5, 2025 10:50 AM ET Company Participants Jagtar Singh Chaudhry - Co-Founder, CEO & Chairman of the Board Conference Call Participants Unidentified Analyst So I'm happy to host today for keynote, Jay Chaudhry we -- here we go. [indiscernible] you should learn from her also. seekingalpha.com - 1 week ago
1 Growth Stock Down 25% to Buy Right Now, According to Wall Street Shares of Zscaler (ZS 0.74%) have soared by an eye-popping 51% in 2025 so far, bucking the pessimism in the broader market that was triggered by simmering global trade tensions. The cybersecurity giant continues to deliver spectacular financial results, beating its own expectations and consistently raising its forward guidance. fool.com - 1 week ago
Zscaler, Inc. (ZS) Investor Innovations Briefing (Transcript) Zscaler, Inc. (NASDAQ:ZS ) Investor Innovations Briefing Call June 3, 2025 2:30 PM ET Company Participants a - Corporate Participant Adam Geller - Chief Product Officer Ashwin Kesireddy - Vice President of Investor Relations & Strategic Finance Brian Beyer - Co-Founder, CEO & Director Dhawal Sharma - Corporate Participant Jagtar Singh Chaudhry - Co-Founder, CEO & Chairman of the Board Mike Rich - Chief Revenue Officer & President of Global Sales Conference Call Participants Adam Tyler Tindle - Raymond James & Associates, Inc., Research Division Andrew James Nowinski - Wells Fargo Securities, LLC, Research Division Andrew Lodovico DeGasperi - BNP Paribas Exane, Research Division Gray Wilson Powell - BTIG, LLC, Research Division Imtiaz Ahmed Koujalgi - ROTH Capital Partners, LLC, Research Division Ittai Kidron - Oppenheimer & Co. Inc., Research Division Junaid Hamid Siddiqui - Truist Securities, Inc., Research Division Keith Frances Bachman - BMO Capital Markets Equity Research Roger Foley Boyd - UBS Investment Bank, Research Division Saket Kalia - Barclays Bank PLC, Research Division William Joseph Vandrick - Scotiabank Global Banking and Markets, Research Division Yun Suk Kim - Loop Capital Markets LLC, Research Division Yoni Kaplansky - Unidentified Company Ashwin Kesireddy Welcome, everyone. Apologies for the slight delay here. seekingalpha.com - 1 week ago
Wall Street Bulls Look Optimistic About Zscaler (ZS): Should You Buy? Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter? zacks.com - 1 week ago
Zscaler Unveils Cutting-Edge AI Innovations to Stop Attacks, Protect Sensitive Data, and Enable Businesses to Embrace AI Securely AI-Powered Innovations Defend Against Evolving Threats and Protect Sensitive Data, Empowering Enterprises to Innovate Securely AI-Powered Innovations Defend Against Evolving Threats and Protect Sensitive Data, Empowering Enterprises to Innovate Securely globenewswire.com - 1 week ago
Dow, S&P 500, and Nasdaq all close higher; Magnificent 7's gains; Zscaler CEO on earnings and growth Asking for a Trend, anchor Josh Lipton breaks down the day's market trends for June 2, 2025. Markets shrugged off a flare-up of US-China trade tensions, as all three major indexes closed higher on Monday, June 2. youtube.com - 2 weeks ago
Zscaler Will Hit $360 Soon: Here's the How and Why Zscaler's NASDAQ: ZS share price is expected to reach $360 due to technical price action, favorable analyst sentiment, and the results driving it. The latest price action has this market breaking out to new highs, confirming not only the near-term uptrend but also breaking the market out of a long-term trading range. marketbeat.com - 2 weeks ago
Zscaler, Vectra AI Expand Cloud Cybersecurity Partnership Cybersecurity firm Zscaler will expand a partnership with Vectra AI to provide its customers with artificial intelligence-based threat detection tools over more cloud-based products. investors.com - 2 weeks ago
Should You Buy, Sell or Hold ZS Stock After a 46% Rise in 3 Months? Zscaler stock surges 46% in 3 months, but rising costs, tight margins, and premium valuation urge a cautious hold. zacks.com - 2 weeks ago
International Markets and Zscaler (ZS): A Deep Dive for Investors Explore how Zscaler's (ZS) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects. zacks.com - 2 weeks ago
8. Profile Summary

Zscaler, Inc. ZS

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COUNTRY US
INDUSTRY Software - Infrastructure
MARKET CAP $ 47.7 B
Dividend Yield 0.00%
Description 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.
Contact 120 Holger Way, San Jose, CA, 95134 https://www.zscaler.com
IPO Date March 16, 2018
Employees 7348
Officers Mr. Jagtar Singh Chaudhry Co-Founder, Chief Executive Officer & Chairman of the Board Mr. Remo E. Canessa Chief Financial Officer Ms. Praniti Lakhwara Chief Information Officer Mr. K. Kailash Founder & Chief Architect Mr. Mike Rich Chief Revenue Officer & President of Global Sales Ms. Natalia Wodecki Global Public Relations Director Mr. Robert S. Schlossman J.D. Chief Legal Officer & Secretary Mr. Ashwin Kesireddy Vice President of Investor Relations & Strategic Finance Mr. Syam Nair Chief Technology Officer Ms. Joyce Kim Chief Marketing Officer