
ZS
Zscaler Inc
- Overview
- Forecast
- Valuation
- Earnings

Line
|

Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
High
289.670
Open
286.635
VWAP
287.24
Vol
1.82M
Mkt Cap
44.95B
Low
284.610
Amount
522.59M
EV/EBITDA(TTM)
--
Total Shares
151.15M
EV
43.10B
EV/OCF(TTM)
46.57
P/S(TTM)
17.36
Zscaler, Inc. is a cloud security company, which has developed a platform incorporating core security functionalities needed to enable access to cloud resources based on identity, context and organization’s policies. The Company’s solution is a purpose-built, multi-tenant, distributed cloud platform that incorporates the security functionality needed to enable users, applications and devices to utilize authorized applications and services based on an organization’s business policies. The Company delivers its solutions using a software-as-a-service (SaaS) business model and sells subscriptions to customers to access its cloud platform, together with related support services. The Company’s cloud-native platform, the Zscaler Zero Trust Exchange, enables customers to secure and connect users, workloads and Internet of things (IoT)/ operational technology (OT) devices across three core products, Zscaler for Users, Zscaler for Workloads and Zscaler for IoT/OT.
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Market Estimates
Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2026Q2
FY2026Q1
FY2025Q4
778.30M
+20.13%
0.878
+12.51%
750.93M
+19.58%
0.841
+9.25%
707.15M
+19.28%
0.802
-8.89%
Estimates Revision
The market is revising Upward the revenue expectations for Zscaler, Inc. (ZS) for FY2025, with the revenue forecasts being adjusted by 0.14% over the past three months. During the same period, the stock price has changed by 49.06%.
Revenue Estimates for FY2025
Revise Upward

+0.14%
In Past 3 Month
EPS Estimates for FY2025
Revise Upward

+3.21%
In Past 3 Month
Stock Price
Go Up

+49.06%
In Past 3 Month
38 Analyst Rating

8.25% Upside
Wall Street analysts forecast ZS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ZS is 312.54 USD with a low forecast of 215.00 USD and a high forecast of 385.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
31 Buy
7 Hold
0 Sell
Strong Buy

8.25% Upside
Current: 288.720

Low
215.00
Averages
312.54
High
385.00

8.25% Upside
Current: 288.720

Low
215.00
Averages
312.54
High
385.00
BTIG
Buy
maintain
$329 -> $365
2025-07-10
Reason
BTIG
Price Target
$329 -> $365
2025-07-10
maintain
Buy
Reason
BTIG raised the firm's price target on Zscaler to $365 from $329 and keeps a Buy rating on the shares as part of a broader research note following the firm's network security checks. Findings regarding Zscaler have been consistently strong, and the firm feels "very confident" in July quarter trends, the analyst tells investors in a research note.
Citizens JMP
Outperform
maintain
$310 -> $355
2025-07-01
Reason
Citizens JMP
Price Target
$310 -> $355
2025-07-01
maintain
Outperform
Reason
Citizens JMP raised the firm's price target on Zscaler to $355 from $310 and keeps an Outperform rating on the shares. The firm came away from investor meetings incrementally positive on Zscaler and believes the company will forge ahead on its path of demonstrated execution, while operating at a high level of growth, scale, and profitability, the analyst tells investors in a research note.
UBS
Buy
maintain
$315 -> $365
2025-06-27
Reason
UBS
Price Target
$315 -> $365
2025-06-27
maintain
Buy
Reason
UBS raised the firm's price target on Zscaler to $365 from $315 and keeps a Buy rating on the shares. UBS is gaining confidence in the platform, the analyst tells investors in a research note.
JPMorgan
NULL
to
Overweight
maintain
$292 -> $348
2025-06-17
Reason
JPMorgan
Price Target
$292 -> $348
2025-06-17
maintain
NULL
to
Overweight
Reason
Wells Fargo
Equal Weight -> Overweight
upgrade
$260 -> $385
2025-06-13
Reason
Wells Fargo
Price Target
$260 -> $385
2025-06-13
upgrade
Equal Weight -> Overweight
Reason
Cantor Fitzgerald
Jonathan Ruykhaver
Overweight
maintain
$290 -> $340
2025-06-11
Reason
Cantor Fitzgerald
Jonathan Ruykhaver
Price Target
$290 -> $340
2025-06-11
maintain
Overweight
Reason
Cantor Fitzgerald analyst Jonathan Ruykhaver raised the firm's price target on Zscaler to $340 from $290 and keeps an Overweight rating on the shares after Zscaler hosted its annual customer and partner cloud conference from June 2-5. The firm's conversations with customers and partners were positive on the company's growing platform positioning and focused execution, the analyst tells investors in a research note.
See All Ratings
Valuation Metrics
The current forward P/E ratio for Zscaler Inc (ZS.O) is 83.52, compared to its 5-year average forward P/E of 200.87. For a more detailed relative valuation and DCF analysis to assess Zscaler Inc 's fair value, click here.
Forward PE
The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair
5Y Average PE
200.87
Current PE
83.52
Overvalued PE
373.73
Undervalued PE
28.00
Forward EV/EBITDA
The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair
5Y Average EV/EBITDA
121.47
Current EV/EBITDA
54.28
Overvalued EV/EBITDA
212.96
Undervalued EV/EBITDA
29.98
Forward PS
The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair
5Y Average PS
19.64
Current PS
14.73
Overvalued PS
30.54
Undervalued PS
8.73
Financials
Annual
Quarterly
FY2025Q3
YoY :
+22.57%
678.03M
Total Revenue
FY2025Q3
YoY :
+743.38%
-25.41M
Operating Profit
FY2025Q3
YoY :
-121.57%
-4.13M
Net Income after Tax
FY2025Q3
YoY :
-125.00%
-0.03
EPS - Diluted
FY2025Q3
YoY :
-2.98%
119.46M
Free Cash Flow
FY2025Q3
YoY :
-2.05%
77.00
Gross Profit Margin - %
FY2025Q3
YoY :
-100.00%
N/A
FCF Margin - %
FY2025Q3
YoY :
-117.63%
-0.61
Net Margin - %
Trading Trends
Insider
Insiders areSelling! The selling amount has increased 826.49% over the last month.
Sold
0-3
Months
83.5M
USD
16
3-6
Months
44.2M
USD
8
6-9
Months
4.7M
USD
7
0-12
Months
8.2M
USD
9
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Hedge Fund
Hedge Funds areSelling! The selling amount has increased 133.43% over the last quarter.
Sold
0-3
Months
0.0
Volume
0
3-6
Months
100.0K
Volume
1
6-9
Months
42.8K
Volume
1
0-12
Months
0.0
Volume
0
Bought
0-3
0
0.0
Volume
Months
3-6
2
236.0K
Volume
Months
6-9
9
2.1M
Volume
Months
0-12
0
0.0
Volume
Months
Congress Trading
Congress are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
8.0K
USD
1
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Insider
Insiders areSelling! The selling amount has increased 826.49% over the last month.
Sold
0-3
Months
83.5M
USD
16
3-6
Months
44.2M
USD
8
6-9
Months
4.7M
USD
7
0-12
Months
8.2M
USD
9
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
ZS News & Events
Events Timeline
2025-06-30 (ET)
2025-06-30
06:59:38
Zscaler files to sell $1.5B of convertible senior notes due 2028

2025-06-03 (ET)
2025-06-03
08:20:21
Zscaler announces advanced AI security capabilities

Sign Up For More Events
Sign Up For More Events
News
8.0
07-19NASDAQ.COMNoteworthy Friday Option Activity: TWLO, ZS, POWL
7.5
07-16Benzinga'Without Her, None Of This Would've Happened,' Says Billionaire Jay Chaudhry, Crediting Wife For Building His $17 Billion Cybersecurity Empire
8.0
07-15BenzingaTrump Admin Pours $1 Billion Into Cyber Warfare Capabilities — While Slashing US Cybersecurity Defenses
Sign Up For More News
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FAQ

What is Zscaler Inc (ZS) stock price today?
The current price of ZS is 288.72 USD — it has increased 0.85 % in the last trading day.

What is Zscaler Inc (ZS)'s business?

What is the price predicton of ZS Stock?

What is Zscaler Inc (ZS)'s revenue for the last quarter?

What is Zscaler Inc (ZS)'s earnings per share (EPS) for the last quarter?

What changes have occurred in the market's expectations for Zscaler Inc (ZS)'s fundamentals?

How many employees does Zscaler Inc (ZS). have?
