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Zscaler, Inc. (ZS)

159.75 -9.24 (-5.47%)
At close: February 20 at 4:00:00 PM EST
159.32 -0.43 (-0.27%)
Overnight: 3:19:00 AM EST
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News headlines Zscaler (ZS) has received a notable upgrade to Outperform with a price target of $228, despite recent challenges in the cybersecurity sector. The company's Z-Flex program is gaining traction, potentially driving future growth amid increased competition from AI tools like Anthropic's Claude Code Security.

Zscaler (ZS) has received a notable upgrade to Outperform with a price target of $228, despite recent challenges in the cybersecurity sector. The company's Z-Flex program is gaining traction, potentially driving future growth amid increased competition from AI tools like Anthropic's Claude Code Security.

Updated 54m ago · Powered by Yahoo Scout
  • Previous Close 168.99
  • Open 167.00
  • Bid 159.57 x 500
  • Ask 160.33 x 600
  • Day's Range 159.66 - 172.60
  • 52 Week Range 159.66 - 336.99
  • Volume 3,268,445
  • Avg. Volume 2,188,198
  • Market Cap (intraday) 25.476B
  • Beta (5Y Monthly) 1.02
  • PE Ratio (TTM) --
  • EPS (TTM) -0.26
  • Earnings Date Feb 26, 2026
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 300.96

Zscaler, Inc. operates as a cloud security company worldwide. The company offers cyberthreat protection products, including Zscaler Internet Access, which provides threat protection, cloud sandbox, and cloud browser isolation; Zscaler Private Access solution that includes cyberthreat and data protection, application discovery, secure application access, application segmentation, application protection, reduced attack surface, and browser isolation; Zero Trust Firewall; Cloud Sandbox; and Zero Trust Browser. It also provides data security products, such as web and email DLP, endpoint DLP, BYOD security, multi-mode CASB, unified SaaS security, DSPM, AI-SPM, public gen AI security, and Microsoft Copilot data protection; Zero Trust Cloud solution. In addition, the company offers Zero Trust Branch comprising Zero Trust SD-WAN; IoT/OT segmentation; privileged remote access; Zscaler Cellular; and 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. Further, it provides security operations products, including data fabric for security; asset exposure management; Risk360; unified vulnerability management; deception; managed detection and response; and managed threat hunting. Additionally, the company offers Zero Trust Gateway, a fully managed Zscaler service. It serves the automotive, airlines and transportation, conglomerates, consumer goods and retail, energy, financial services, healthcare, insurance, 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.

www.zscaler.com

7,923

Full Time Employees

July 31

Fiscal Year Ends

Performance Overview: ZS

Trailing total returns as of 2/20/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

ZS
28.97%
S&P 500 (^GSPC)
0.94%

1-Year Return

ZS
22.81%
S&P 500 (^GSPC)
12.95%

3-Year Return

ZS
20.70%
S&P 500 (^GSPC)
69.39%

5-Year Return

ZS
29.32%
S&P 500 (^GSPC)
76.86%

Earnings Trends: ZS

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized
 

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q1 FY26
Revenue 788.11M
Earnings 159.49M

Q2

FY25

Q3

FY25

Q4

FY25

Q1

FY26

0
200M
400M
600M
 

Analyst Insights: ZS

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Analyst Price Targets

215.00
300.96 Average
159.75 Current
390.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Latest Rating

Date 2/20/2026
Analyst JP Morgan
Rating Action Maintains
Rating Overweight
Price Action Lowers
Price Target 354 -> 267
 

Statistics: ZS

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Valuation Measures

Annual
As of 2/20/2026
  • Market Cap

    25.48B

  • Enterprise Value

    23.99B

  • Trailing P/E

    --

  • Forward P/E

    84.03

  • PEG Ratio (5yr expected)

    4.19

  • Price/Sales (ttm)

    8.79

  • Price/Book (mrq)

    12.85

  • Enterprise Value/Revenue

    8.47

  • Enterprise Value/EBITDA

    201.98

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -1.45%

  • Return on Assets (ttm)

    -1.36%

  • Return on Equity (ttm)

    -2.41%

  • Revenue (ttm)

    2.83B

  • Net Income Avi to Common (ttm)

    -41.04M

  • Diluted EPS (ttm)

    -0.26

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    3.32B

  • Total Debt/Equity (mrq)

    92.65%

  • Levered Free Cash Flow (ttm)

    956.49M

Compare To: ZS

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Company Insights: ZS

Fair Value

159.75 Current
 

Dividend Score

0 Low
Sector Avg.
100 High
 

Hiring Score

0 Low
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
Sector Avg.
100 High
 

Research Reports: ZS

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  • Anthropic's Claude Code Security Release Is Not Bad News for Cyber Companies

    Zscaler is a software-as-a-service, or SaaS, firm focusing on providing cloud-native cybersecurity solutions to primarily enterprise customers. Zscaler’s offerings can be broadly partitioned into Zscaler Internet Access, which provides secure access to external applications, and Zscaler Private Access, which provides secure access to internal applications. The firm is headquartered in San Jose, California, and went public in 2018.

    Rating
    Price Target
     
  • You Cannot Vibe Code Security; We See Opportunities Floating in the Security Space

    Zscaler is a software-as-a-service, or SaaS, firm focusing on providing cloud-native cybersecurity solutions to primarily enterprise customers. Zscaler’s offerings can be broadly partitioned into Zscaler Internet Access, which provides secure access to external applications, and Zscaler Private Access, which provides secure access to internal applications. The firm is headquartered in San Jose, California, and went public in 2018.

    Rating
    Price Target
     
  • You Cannot Vibe Code Security; We See Opportunities Floating in the Security Space

    Zscaler is a software-as-a-service, or SaaS, firm focusing on providing cloud-native cybersecurity solutions to primarily enterprise customers. Zscaler’s offerings can be broadly partitioned into Zscaler Internet Access, which provides secure access to external applications, and Zscaler Private Access, which provides secure access to internal applications. The firm is headquartered in San Jose, California, and went public in 2018.

    Rating
    Price Target
     
  • Zscaler Earnings: Solid Start to Fiscal 2026, Emerging Products Growing Strongly; FVE Up 14%

    Zscaler is a software-as-a-service, or SaaS, firm focusing on providing cloud-native cybersecurity solutions to primarily enterprise customers. Zscaler’s offerings can be broadly partitioned into Zscaler Internet Access, which provides secure access to external applications, and Zscaler Private Access, which provides secure access to internal applications. The firm is headquartered in San Jose, California, and went public in 2018.

    Rating
    Price Target
     

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