Zscaler (ZS) Stock Price

Zscaler Price

NASDAQ·CLOSED
151.20USD+2.81 (+1.88 %)
Market closed

Revenue has compounded at 47.8% per year over the past 10 years to 2.67 B USD. Zscaler's net margin stands at -1.6%, up from -38.9% several years earlier. Analysts set a median price target of 326.40 USD, implying 115.9% above the current price. Of 57 analysts, 47 rate the stock a buy — an overall Buy consensus. The stock trades about 28% above its 52-week low.

Zscaler stock price

Volume
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Zscaler over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Zscaler stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Zscaler's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Zscaler Stock Price History
DateZscaler Price
7/31/2026151.20 USD
7/30/2026148.39 USD
7/29/2026152.88 USD
7/27/2026145.71 USD
7/23/2026139.70 USD
7/22/2026142.26 USD
7/21/2026148.72 USD
7/20/2026149.82 USD
7/17/2026149.94 USD
7/16/2026146.43 USD
7/15/2026148.19 USD
7/14/2026152.09 USD
7/13/2026142.70 USD
7/10/2026139.27 USD
7/9/2026147.12 USD
7/8/2026148.21 USD
7/7/2026149.50 USD
7/6/2026149.11 USD
7/2/2026147.33 USD
7/1/2026146.45 USD
6/30/2026141.15 USD
6/29/2026136.88 USD
6/26/2026132.26 USD
6/25/2026123.80 USD
6/24/2026127.27 USD
6/23/2026126.17 USD
6/22/2026123.84 USD
6/18/2026123.53 USD
6/17/2026125.96 USD
6/16/2026126.19 USD
6/15/2026132.44 USD
6/12/2026127.79 USD
6/11/2026121.80 USD
6/10/2026127.45 USD
6/9/2026125.84 USD
6/8/2026129.25 USD
6/5/2026133.09 USD
6/4/2026136.45 USD
6/3/2026135.92 USD
6/2/2026140.73 USD
6/1/2026154.12 USD
5/29/2026134.78 USD
5/28/2026124.67 USD
5/27/2026128.00 USD
5/26/2026188.00 USD
5/22/2026178.23 USD
5/21/2026170.80 USD
5/20/2026172.29 USD
5/19/2026175.25 USD
5/18/2026174.69 USD
5/15/2026161.05 USD
5/14/2026153.70 USD
5/13/2026152.43 USD
5/12/2026146.17 USD
5/11/2026148.87 USD
5/8/2026152.13 USD
5/7/2026152.79 USD
5/6/2026138.83 USD
5/5/2026141.36 USD
5/4/2026142.20 USD
5/1/2026139.81 USD
4/30/2026130.68 USD
4/29/2026134.73 USD
4/28/2026136.07 USD
4/27/2026134.11 USD
4/24/2026135.50 USD
4/22/2026142.66 USD
4/21/2026139.61 USD
4/20/2026134.80 USD
4/17/2026134.68 USD
4/16/2026134.33 USD
4/15/2026131.01 USD
4/14/2026122.68 USD
4/13/2026122.62 USD
4/10/2026118.05 USD
4/9/2026122.23 USD
4/8/2026137.85 USD
4/7/2026142.09 USD
4/6/2026139.52 USD
4/2/2026138.56 USD
4/1/2026136.67 USD
3/31/2026140.29 USD
3/30/2026137.26 USD
3/27/2026133.16 USD
3/26/2026141.50 USD
3/25/2026139.44 USD
3/24/2026139.41 USD
3/23/2026151.80 USD
3/20/2026151.47 USD
3/19/2026155.40 USD
3/18/2026155.99 USD
3/17/2026156.00 USD
3/16/2026153.69 USD
3/13/2026153.76 USD
3/12/2026151.61 USD
3/11/2026153.81 USD
3/10/2026156.61 USD
3/9/2026162.62 USD
3/6/2026164.06 USD
3/5/2026161.96 USD
3/4/2026156.21 USD
3/3/2026154.67 USD
3/2/2026148.58 USD
2/27/2026146.99 USD
2/26/2026167.36 USD
2/25/2026155.70 USD
2/24/2026149.36 USD
2/23/2026143.28 USD
2/20/2026159.75 USD
2/19/2026168.99 USD
2/18/2026172.13 USD
2/17/2026172.59 USD
2/13/2026177.72 USD
2/12/2026170.90 USD
2/11/2026171.00 USD
2/10/2026174.34 USD
2/9/2026170.18 USD
2/6/2026167.33 USD
2/5/2026169.39 USD
2/4/2026185.79 USD
2/3/2026188.05 USD
2/2/2026200.61 USD
1/30/2026200.01 USD
1/29/2026200.63 USD
1/28/2026213.95 USD
1/27/2026219.67 USD
1/26/2026214.55 USD
1/23/2026209.62 USD
1/22/2026208.31 USD
1/21/2026208.66 USD
1/20/2026206.32 USD
1/16/2026213.98 USD
1/15/2026210.58 USD
1/14/2026214.27 USD
1/13/2026216.85 USD
1/12/2026216.63 USD
1/9/2026216.73 USD
1/8/2026220.32 USD
1/7/2026231.16 USD
1/6/2026222.03 USD
1/5/2026222.76 USD
1/2/2026220.57 USD
12/31/2025224.92 USD
12/30/2025227.42 USD
12/29/2025228.02 USD
12/26/2025230.52 USD
12/24/2025229.60 USD
12/23/2025229.32 USD
12/22/2025232.05 USD
12/19/2025232.55 USD
12/18/2025231.09 USD
12/17/2025226.43 USD
12/16/2025232.78 USD
12/15/2025230.31 USD
12/12/2025236.28 USD
12/11/2025242.08 USD
12/10/2025243.29 USD
12/9/2025243.01 USD
12/8/2025244.88 USD
12/5/2025242.68 USD
12/4/2025241.85 USD
12/3/2025243.66 USD
12/2/2025241.68 USD
12/1/2025243.28 USD
11/28/2025251.50 USD
11/26/2025251.97 USD
11/25/2025289.73 USD
11/24/2025280.35 USD
11/21/2025275.01 USD
11/20/2025279.73 USD
11/19/2025291.81 USD
11/18/2025293.11 USD
11/17/2025294.92 USD
11/14/2025299.45 USD
11/13/2025308.60 USD
11/12/2025317.08 USD
11/11/2025331.29 USD
11/10/2025328.90 USD
11/7/2025320.01 USD
11/6/2025317.92 USD
11/5/2025323.90 USD
11/4/2025328.30 USD
11/3/2025336.27 USD
10/31/2025331.14 USD
10/30/2025322.04 USD
10/29/2025320.96 USD
10/28/2025328.98 USD
10/27/2025326.33 USD
10/24/2025323.00 USD
10/23/2025318.77 USD
10/22/2025307.92 USD
10/21/2025310.37 USD
10/20/2025305.90 USD
10/17/2025300.25 USD
10/16/2025299.24 USD
10/15/2025302.35 USD
10/14/2025301.80 USD
10/13/2025313.04 USD
10/10/2025309.88 USD
10/9/2025315.21 USD
10/8/2025313.89 USD
10/7/2025292.75 USD
10/6/2025305.24 USD
10/3/2025305.41 USD
10/2/2025307.58 USD
10/1/2025304.53 USD
9/30/2025299.66 USD
9/29/2025296.90 USD
9/26/2025294.65 USD
9/25/2025286.66 USD
9/24/2025284.42 USD
9/23/2025289.29 USD
9/22/2025291.57 USD
9/19/2025294.27 USD
9/18/2025291.11 USD
9/17/2025279.46 USD
9/16/2025281.96 USD
9/15/2025285.66 USD
9/12/2025283.19 USD
9/11/2025286.66 USD
9/10/2025278.79 USD
9/9/2025282.29 USD
9/8/2025281.60 USD
9/5/2025274.20 USD
9/4/2025268.25 USD
9/3/2025270.58 USD
9/2/2025274.57 USD
8/29/2025277.05 USD
8/28/2025280.42 USD
8/27/2025273.07 USD
8/26/2025267.68 USD
8/25/2025269.66 USD
8/22/2025272.52 USD
8/21/2025270.35 USD
8/20/2025273.81 USD
8/19/2025274.92 USD
8/18/2025277.03 USD
8/15/2025274.97 USD
8/14/2025270.99 USD
8/13/2025277.77 USD
8/12/2025275.43 USD
8/11/2025271.18 USD
8/8/2025269.70 USD
8/7/2025272.50 USD
8/6/2025289.32 USD
8/5/2025281.96 USD
8/4/2025285.86 USD
Access this data via the Eulerpool API

Zscaler Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
1.62 B USD
-215.44 M USD
-202.34 M USD
Jan 1, 2024
2.17 B USD
-123.88 M USD
-57.71 M USD
Jan 1, 2025
2.67 B USD
-128.46 M USD
-41.48 M USD
Jan 1, 2026 (e)
3.33 B USD
1.07 B USD
656.50 M USD
Jan 1, 2027 (e)
3.89 B USD
1.25 B USD
730.29 M USD
Jan 1, 2028 (e)
4.54 B USD
1.45 B USD
858.74 M USD
Jan 1, 2029 (e)
5.26 B USD
1.68 B USD
942.47 M USD
Jan 1, 2030 (e)
6.21 B USD
1.99 B USD
1.09 B USD

Zscaler Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 3, 2026, 7:41 PM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITB USD
EBIT MARGIN%
NET INCOMEB USD
NET INCOME GROWTH%
SHARESM
201520162017201820192020202120222023202420252026e2027e2028e2029e2030e
0.050.080.130.190.300.430.671.091.622.172.673.333.894.545.266.21
50.9456.2552.0058.9542.7256.1561.9648.2634.1023.3524.6216.8716.6515.7718.07
73.5875.0078.4080.0080.1377.4977.5677.7177.6077.9076.8476.8476.8476.8476.8476.84
0.040.060.100.150.240.330.520.851.251.692.052.562.993.494.044.77
-0.01-0.03-0.04-0.03-0.02-0.09-0.21-0.33-0.22-0.12-0.131.071.251.451.681.99
-22.64-32.50-28.00-13.68-7.28-21.81-30.61-30.37-13.30-5.68-4.7931.9731.9831.9831.9831.98
-0.01-0.03-0.04-0.03-0.03-0.12-0.26-0.39-0.20-0.06-0.040.660.730.860.941.09
125.0029.63-5.71-15.15310.71127.8348.85-48.21-71.78-28.07-1,700.0011.2817.539.7915.71
24.0028.53103.63120.59127.55133.45139.30143.48147.63152.56158.60158.60158.60158.60158.60158.60
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Zscaler generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Zscaler retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Zscaler's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Zscaler has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Zscaler's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Zscaler stock margins

The Zscaler margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Zscaler. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Zscaler.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
77.62 %
-30.70 %
-38.93 %
Jan 1, 2022
77.70 %
-30.40 %
-35.77 %
Jan 1, 2023
77.58 %
-13.32 %
-12.51 %
Jan 1, 2024
77.87 %
-5.71 %
-2.66 %
Jan 1, 2025
76.87 %
-4.81 %
-1.55 %
Jan 1, 2026 (e)
76.87 %
31.98 %
19.71 %
Jan 1, 2027 (e)
76.87 %
31.98 %
18.76 %
Jan 1, 2028 (e)
76.87 %
31.98 %
18.91 %

Zscaler Stock Revenue, EBIT, Earnings per Share

The Zscaler earnings per share therefore indicates how much revenue Zscaler has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
4.83 USD
-1.48 USD
-1.88 USD
Jan 1, 2022
7.60 USD
-2.31 USD
-2.72 USD
Jan 1, 2023
10.95 USD
-1.46 USD
-1.37 USD
Jan 1, 2024
14.21 USD
-0.81 USD
-0.38 USD
Jan 1, 2025
16.85 USD
-0.81 USD
-0.26 USD
Jan 1, 2026 (e)
20.89 USD
6.72 USD
4.12 USD
Jan 1, 2027 (e)
24.41 USD
7.85 USD
4.58 USD
Jan 1, 2028 (e)
28.48 USD
9.16 USD
5.38 USD

Zscaler business model & stock analysis

Zscaler Inc is an American technology company that provides cloud-based IT security services for companies worldwide. The company was founded in 2008 by Jay Chaudhry. Zscaler's goal was to create a more secure way for companies to utilize cloud technology. The company is headquartered in San Jose, California and employs over 3000 people globally. Zscaler's business model is based on a cloud-based approach to making networks and applications more secure for companies. The company's cloud solutions route the entire internet traffic of the company. Zscaler's service solutions enable the deployment of secure applications and real-time network access. Through its cloud-based approach, Zscaler can ensure that customers worldwide are served quickly and efficiently without requiring much IT effort on the customer's side. Zscaler offers different divisions that contribute to improving the IT security of companies. These divisions include: - Zscaler Internet Access (ZIA): ZIA is Zscaler's core solution. It provides a secure and high-performance solution for accessing the internet and its services for companies. It brings all networks and users onto a unified IT security infrastructure. Zscaler Access is aimed at companies that need secure remote access to internal applications and networks based on their activities. - Zscaler Private Access (ZPA): ZPA is a cloud platform that provides companies with access to applications in a private network. It creates a secure connection between user identification and applications while maintaining network centrality of ZPA. The cloud-based solution allows for fast implementation of remote work environments and protects applications from various threats. - Zscaler Digital Experience (ZDX): ZDX by Zscaler is an end-to-end solution. It aligns IT security, application performance, and user experience. With ZDX, businesses can track and optimize applications to achieve optimal performance. - Zscaler Email Security (ZES): The ZES solution is a comprehensive email security solution. It is designed to protect companies from everyday threats that can target valuable internal information. The various products offered by Zscaler aim to enhance the security of companies' IT systems. This includes improving the security of internet access, application access, application performance, and email security. Overall, the company has an impressive track record. Zscaler has over 4000 customers in more than 185 countries. The company has won several awards and has been recognized by Gartner in the Magic Quadrant for Secure Web Gateways. Zscaler offers user-friendly and affordable cloud-enabled IT security services to companies of all sizes.

Zscaler SWOT Analysis

Strengths

[ { "heading": "1.", "text": "Strong" }, { "heading": "Zscaler", "text": "Inc" }, { "heading": "2.", "text": "Advanced" }, { "heading": "Zscaler's", "text": "proprietary" }, { "heading": "3.", "text": "Global" }, { "heading": "With", "text": "a" } ]

Weaknesses

[ { "heading": "1.", "text": "Dependence" }, { "heading": "As", "text": "Zscaler's" }, { "heading": "2.", "text": "Vulnerability" }, { "heading": "As", "text": "cyber" } ]

Opportunities

[ { "heading": "1.", "text": "Increasing" }, { "heading": "With", "text": "the" }, { "heading": "2.", "text": "Emerging" }, { "heading": "Zscaler", "text": "has" } ]

Threats

[ { "heading": "1.", "text": "Intense" }, { "heading": "The", "text": "cybersecurity" }, { "heading": "2.", "text": "Regulatory" }, { "heading": "Given", "text": "the" } ]

Zscaler Employees

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Zscaler Employees
Details
Date
Zscaler Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

Zscaler Segments

Zscaler Revenue by Segment

  • Max

Reportable Segment
Details
Date
Reportable Segment
Jan 1, 2025
2.67 B USD

Zscaler Revenue by Region

  • 3 Years

  • 5 Years

  • Max

United States
Europe, Middle East and Africa
Asia Pacific
Other Countries
Details
Date
United States
Europe, Middle East and Africa
Asia Pacific
Other Countries
Jan 1, 2018
86.12 M USD
84.83 M USD
14.47 M USD
4.76 M USD
Jan 1, 2019
148.81 M USD
124.44 M USD
23.84 M USD
5.75 M USD
Jan 1, 2020
210.29 M USD
174.50 M USD
38.79 M USD
7.69 M USD
Jan 1, 2021
329.30 M USD
253.14 M USD
76.11 M USD
14.56 M USD
Jan 1, 2022
536.92 M USD
370.04 M USD
155.46 M USD
28.53 M USD
Jan 1, 2023
808.53 M USD
515.14 M USD
241.25 M USD
52.04 M USD
Jan 1, 2024
1.09 B USD
672.42 M USD
327.82 M USD
75.23 M USD
Jan 1, 2025
1.36 B USD
792.82 M USD
423.81 M USD
97.16 M USD

Zscaler Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Zscaler historical P/E ratio, EBIT multiple, and P/S ratio

Zscaler annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Zscaler shares outstanding

The number of shares of Zscaler was 158.6 M in 2025. This indicates how many shares Zscaler is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
139.30 M Stocks
Jan 1, 2022
143.48 M Stocks
Jan 1, 2023
147.63 M Stocks
Jan 1, 2024
152.56 M Stocks
Jan 1, 2025
158.60 M Stocks
Jan 1, 2026 (e)
158.60 M Stocks
Jan 1, 2027 (e)
158.60 M Stocks
Jan 1, 2028 (e)
158.60 M Stocks

Current Zscaler forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
1.54 %
Buy
82.46 % (47)
Hold
17.54 % (10)
Sell
0.00 % (0)
12M Price Target
326.40
Last Price
151.20
Currency
USD
12M Return Potential
115.87 %
LTM Return
0 %

Zscaler Analyst Rating Actions

DateFirmActionRatingReliability
7/16/2026
Keybanc
Keybanc
MaintainedOverweight49
6/25/2026
Keybanc
Keybanc
MaintainedOverweight49
6/12/2026
Stephens & Co.
Stephens & Co.
MaintainedOverweight
6/11/2026
Canaccord Genuity
Canaccord Genuity
MaintainedBuy59
6/10/2026
Wedbush
Wedbush
MaintainedOutperform59
6/10/2026
Rosenblatt
Rosenblatt
MaintainedBuy72
6/10/2026
RBC Capital
RBC Capital
MaintainedOutperform52
6/10/2026
Needham
Needham
MaintainedBuy70
6/10/2026
Macquarie
Macquarie
MaintainedOutperform
6/10/2026
Guggenheim
Guggenheim
MaintainedBuy30

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Zscaler Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
5/28/20261.04USD-860.37 MUSD-2026 Q3
2/26/20260.92USD-822.77 MUSD-2026 Q2
11/25/20250.89USD-796.96 MUSD-2026 Q1
12/2/20240.65USD-624.38 MUSD-2025 Q1
2/29/20240.59USD-521.60 MUSD-2024 Q2
11/29/20230.40USD-469.84 MUSD-2024 Q1
5/24/20230.31USD-395.80 MUSD-2023 Q3
2/22/20230.27USD-363.92 MUSD-2023 Q2
12/1/20220.27USD-349.05 MUSD-2023 Q1
9/8/20220.21USD-309.99 MUSD-2022 Q4

EESG©

Eulerpool ESG Scorecard© for the Zscaler stock

57/100
85
Environment
74
Social
13
Governance
E

Environment

20
Scope 1 - Direct Emissions340
Scope 2 - Indirect emissions from purchased energy22,439
Scope 3 - Indirect emissions within the value chain46,304
Total CO₂ emissions22,779
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees22
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Zscaler shareholder structure

% Name
5.37300%
BLACKROCK, INC.
BLACKROCK, INC.
3.71897%
VANGUARD PORTFOLIO MANAGEMENT LLC
VANGUARD PORTFOLIO MANAGEMENT LLC
2.92274%
VANGUARD CAPITAL MANAGEMENT LLC
VANGUARD CAPITAL MANAGEMENT LLC
2.20648%
FIRST TRUST ADVISORS LP
FIRST TRUST ADVISORS LP
2.11611%
INVESCO LTD.
INVESCO LTD.
1.83416%
GOLDMAN SACHS GROUP INC
GOLDMAN SACHS GROUP INC
...

Zscaler Beneficial Ownership Filings (SEC 13D/G)

Free Float
64.8%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
23.30%
2
2
SEC ↗
22.00%
Jagtar S. (Jay) Chaudhry
Jagtar S. (Jay) Chaudhry
SEC ↗
21.02%
Ajay Mangal
Ajay Mangal
SEC ↗
20.10%
Jyoti Chaudhry
Jyoti Chaudhry
SEC ↗
15.40%
The CJCP Trust
The CJCP Trust
SEC ↗
5.39%
The Vanguard Group - 23-1945930
The Vanguard Group - 23-1945930
SEC ↗
4.90%
(1) BlackRock, Inc.
(1) BlackRock, Inc.
SEC ↗
1.88%
The CKS Trust for the benefit of YPC dated 12/30/2017
The CKS Trust for the benefit of YPC dated 12/30/2017
SEC ↗
1.88%
The CKS Trust for the benefit of SRC dated 12/30/2017
The CKS Trust for the benefit of SRC dated 12/30/2017
SEC ↗
1.88%
The CKS Trust for the benefit of SDC dated 12/30/2017
The CKS Trust for the benefit of SDC dated 12/30/2017
SEC ↗

Zscaler Executives and Management Board

15 members · avg. age 61 · 13 % women

MR

Mr. Mike Rich (57)

Chief Revenue Officer, President of Global Sales

39.35 M USD

Management

RS

Mr. Robert Schlossman (56)

Chief Legal Officer and Secretary

7.13 M USD
SN

Mr. Syam Nair (51)

Chief Technology Officer, Executive Vice President - Research and Development

4.06 M USD
JC

Mr. Jagtar Chaudhry (66)

Chairman of the Board, Chief Executive Officer · since 2007

25,162.00 USD
KR

Mr. Kevin Rubin (50)

Chief Financial Officer

RJ

Mr. Raj Judge

Executive Vice President - Corporate Strategy and Ventures, Director · since 2025

AG

Mr. Adam Geller

Chief Product Officer

Board of Directors

JB

Mr. James Beer (64)

Independent Director

471,318.00 USD
KB

Ms. Karen Blasing (68)

Independent Director

257,744.00 USD
AB

Mr. Andrew Brown (61)

Independent Director

254,775.00 USD
CG

Mr. Charles Giancarlo (67)

Independent Director

247,275.00 USD
SD

Mr. Scott Darling (68)

Independent Director

246,775.00 USD
EN

Ms. Eileen Naughton (67)

Independent Director

239,775.00 USD

Zscaler Supply Chain

Zscaler Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
30 companies
#Nameβ 1YTrend
1
ServiceNow
Supplier·Customer·Software·US
0.96
0.97
0.88
0.93
0.90
0.91
2
Accenture A
Customer·IT Services·IE
0.73
0.95
0.92
0.90
0.83
0.90
0.84
3
TechTarget
Supplier·Media·US
0.56
0.33
0.78
0.89
0.92
0.89
4
Tech Mahindra Ltd
Customer·IN
0.63
0.66
0.80
0.77
0.59
0.87
5
Oracle
Supplier·Customer·Software·US
0.43
0.82
0.54
0.76
0.83
0.87
1.20
#Nameβ 1YTrend
1
Barracuda Networks, Inc.
Supplier·Customer·US
0.17
0.77
0.16
2
Darktrace
Supplier·Customer·Software·GB
0.83
0.80
0.65
0.04
0.31
3
KnowBe4 A
Supplier·Customer·Software·US
0.78
0.98
0.85
0.68
0.24
4
Sumo Logic
Supplier·Customer·Software·US
0.62
0.97
0.96
0.96
0.31
5
SentinelOne A
Supplier·Customer·Software·US
0.47
0.95
0.96
0.97

Frequently asked questions about Zscaler

The business model of Zscaler Inc revolves around providing cloud-based internet security services. Zscaler offers a comprehensive platform that enables businesses to securely connect users to applications and services over any network and from any device. By adopting a cloud-first approach, Zscaler ensures that organizations can achieve advanced security and access control without the need for traditional hardware or software solutions. This enables enhanced scalability, flexibility, and cost-effectiveness for businesses. Zscaler's business model focuses on offering secure access to applications, protecting users from web threats, and providing visibility and control over internet traffic, all through their innovative cloud security platform.

Zscaler Inc is primarily active in the cybersecurity industry. With their innovative cloud-based security platform, the company provides comprehensive protection to organizations across various sectors. As a leader in the industry, Zscaler Inc aims to enhance security and ensure safe access to applications and data for their clients. Through their advanced technologies and services, Zscaler Inc is committed to addressing the evolving cybersecurity challenges faced by businesses today.

The main competitors of Zscaler Inc in the market are Palo Alto Networks, Fortinet, Cisco Systems, and Symantec.

Zscaler Inc is a leading cybersecurity company founded in 2008. Headquartered in San Jose, California, they provide cloud-based security solutions to businesses worldwide. The company specializes in offering secure access to applications and data, enabling organizations to embrace cloud services securely. Zscaler's innovative platform incorporates advanced threat intelligence and security controls, ensuring a safe and seamless user experience across all devices and networks. With a global customer base and a robust portfolio of products, Zscaler has emerged as a trusted name in the cybersecurity industry, delivering reliable and scalable security solutions for the modern digital age.

Zscaler Inc has achieved several significant milestones since its inception. The company revolutionized cloud security by developing a visionary platform that enables organizations to securely access applications and data while transforming their network architecture. By successfully navigating the cyberthreat landscape, Zscaler Inc has rapidly expanded its customer base, serving thousands of leading global enterprises across various industries. With its IPO in 2018, the company became the first cloud security provider to go public. Zscaler Inc continues to innovate and evolve its offerings, providing cutting-edge solutions to protect businesses from advanced threats and enable digital transformation securely.

Zscaler Inc is primarily present in various countries and regions worldwide. Some of the key areas where the company has a significant presence include the United States, Europe, Asia Pacific, and Latin America. With its advanced cloud security solutions and services, Zscaler caters to clients across industries in these regions, providing them with secure and reliable connectivity, threat prevention, and data protection. As a leading provider in the cybersecurity industry, Zscaler continues to expand its global presence, serving numerous organizations and enterprises in different parts of the world.

Zscaler Inc represents a set of core values and a strong corporate philosophy. The company is committed to delivering secure and fast digital experiences for its customers. Zscaler's core values include a customer-first approach, innovation, and operational excellence. The company focuses on providing cloud-based security solutions that enable organizations to securely access the internet and cloud services. With a commitment to continuous improvement, Zscaler Inc aims to protect its customers' data, networks, and applications while ensuring efficient and seamless connectivity. By prioritizing customer satisfaction and driving innovation, Zscaler Inc remains a trusted leader in the cybersecurity industry.

Analysts currently set an average price target of 326.91 USD for the Zscaler stock (median: 326.40 USD), implying +116.2 % versus the latest price. The consensus is based on 57 analyst ratings.

57 analysts currently rate the Zscaler stock: 47 recommend buying, 10 holding and 0 selling. For 2026, analysts expect Zscaler to generate revenue of 3.33 B USD and earnings per share of 4.14 USD.

Converted at the current exchange rate, the Zscaler share trades at 131.04 EUR (151.20 USD).

The Zscaler share (ZS) is listed on 11 stock exchanges, including: NYSE (ZS), NASDAQ (ZS), XETRA (OZS.DE), Frankfurt (OZS.F), München (OZS.MU), Stuttgart (OZS.SG), Düsseldorf (0ZC.DU), Berlin (OZS.BE).

Zscaler Inc offers a cloud-based platform for implementing network and security policies. The platform consists of various solutions for secure and fast access to cloud-based applications and services, as well as for monitoring and securing networks, devices, and data. Answer: Zscaler Inc offers cloud-based solutions for network and security policies. The platform includes Zscaler Internet Access (ZIA), Zscaler Private Access (ZPA), Zscaler Digital Experience (ZDX), and Zscaler B2B. It provides granular control over web traffic, blocks threats in real-time, enables secure connections without VPN, monitors application performance, and allows secure access for partners and customers. Zscaler Inc is a leading company in this sector, providing reliable and powerful network security solutions for businesses of all sizes.

The expected revenue of Zscaler is 3.33 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Zscaler is 656.50 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Zscaler is currently 36.53. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Zscaler stock.

The price-to-sales ratio (P/S) of Zscaler is currently 7.20. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Zscaler stock.

The Eulerpool Quality Score for Zscaler is 3/10.

The ISIN of Zscaler is US98980G1022. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Zscaler is A2JF28. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Zscaler is ZS. The ticker symbol is used to trade Zscaler shares on the stock exchange.

Zscaler paid dividends every year for the past 0 years.

Zscaler is assigned to the 'Information technology' sector.

The dividends of Zscaler are distributed in USD.

All fundamentals and in-depth analysis of Zscaler

Our stock analysis for Zscaler stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Zscaler. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.