
ZS
Zscaler Inc
- Overview
- Forecast
- Valuation
- Earnings

Line
|

Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
High
274.500
Open
272.500
VWAP
266.58
Vol
6.04M
Mkt Cap
42.13B
Low
260.400
Amount
1.61B
EV/EBITDA(TTM)
--
Total Shares
151.15M
EV
40.88B
EV/OCF(TTM)
42.04
P/S(TTM)
15.86
Zscaler, Inc. is a cloud security company. The Company has developed a platform incorporating core security functionalities needed to enable fast and secure access to cloud resources based on identity, context and an organization’s policies. Its Zscaler Zero Trust Exchange platform protects thousands of customers from cyberattacks and data loss by securely connecting users, devices, and applications in any location. Its solution is a purpose-built, multi-tenant, distributed cloud platform that incorporates the security functionality needed to enable users, applications, and devices to safely and efficiently utilize authorized applications and services based on an organization’s business policies. It 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. It offers a security platform that combines its platform with automated security operations.
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Market Estimates
Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2026Q2
FY2026Q1
FY2025Q4
778.55M
+20.16%
0.880
+12.86%
751.10M
+19.61%
0.844
+9.66%
707.15M
+19.28%
0.802
-8.91%
Estimates Revision
The market is revising No Change the revenue expectations for Zscaler, Inc. (ZS) for FY2025, with the revenue forecasts being adjusted by -0% over the past three months. During the same period, the stock price has changed by -8.29%.
Revenue Estimates for FY2025
No Change

0.00%
In Past 3 Month
EPS Estimates for FY2025
Revise Downward

-0.01%
In Past 3 Month
Stock Price
Go Down

-8.29%
In Past 3 Month
36 Analyst Rating

16.42% 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 315.00 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.
30 Buy
6 Hold
0 Sell
Strong Buy

16.42% Upside
Current: 270.580

Low
215.00
Averages
315.00
High
385.00

16.42% Upside
Current: 270.580

Low
215.00
Averages
315.00
High
385.00
Morgan Stanley
Equal Weight -> Overweight
upgrade
$280 -> $320
2025-09-02
New
Reason
Morgan Stanley
Price Target
$280 -> $320
2025-09-02
New
upgrade
Equal Weight -> Overweight
Reason
Morgan Stanley upgraded Zscaler to Overweight from Equal Weight with a price target of $320, up from $280. The company has a strong position in zero-trust along with a longer-term platformization strategy, the analyst tells investors in a research note. The firm believes the Red Canary acquisition enhances Zscaler's AI security capabilities. Morgan Stanley sees valuation upside for the shares.
B. Riley
Erik Suppiger
Neutral
initiated
$275
2025-08-26
Reason
B. Riley
Erik Suppiger
Price Target
$275
2025-08-26
initiated
Neutral
Reason
B. Riley analyst Erik Suppiger initiated coverage of Zscaler with a Neutral rating and $275 price target. The firm views Zscaler as the \"strong leader\" in multiple high-growth secure access markets. However, investors should wait for a pullback the buy the shares or greater visibility into the competitive landscape, the analyst tells investors in a research note.
Barclays
Overweight
maintain
$290 -> $300
2025-08-25
Reason
Barclays
Price Target
$290 -> $300
2025-08-25
maintain
Overweight
Reason
Barclays raised the firm's price target on Zscaler to $300 from $290 and keeps an Overweight rating on the shares ahead of the fiscal Q4 earnings report on September 2. The firm believes Zscaler's fiscal 2026 annual recurring revenue outlook could be 19%-20% with the 20% bulls are hoping for at the high end. Barclays like the company's setup into the next fiscal year "with a more mature sales force, broader platform focus, and prudence around Red Canary."
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.
See All Ratings
Valuation Metrics
The current forward P/E ratio for Zscaler Inc (ZS.O) is 79.26, compared to its 5-year average forward P/E of 193.36. 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
193.36
Current PE
79.26
Overvalued PE
363.29
Undervalued PE
23.42
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
117.87
Current EV/EBITDA
51.51
Overvalued EV/EBITDA
209.00
Undervalued EV/EBITDA
26.74
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
19.29
Current PS
14.00
Overvalued PS
30.14
Undervalued PS
8.44
Financials
Annual
Quarterly
FY2025Q4
YoY :
+21.31%
719.23M
Total Revenue
FY2025Q4
YoY :
+19.64%
-32.24M
Operating Profit
FY2025Q4
YoY :
+18.15%
-17.58M
Net Income after Tax
FY2025Q4
YoY :
+10.00%
-0.11
EPS - Diluted
FY2025Q4
YoY :
+26.12%
171.92M
Free Cash Flow
FY2025Q4
YoY :
-2.55%
76.05
Gross Profit Margin - %
FY2025Q4
YoY :
+0.78%
27.19
FCF Margin - %
FY2025Q4
YoY :
-2.79%
-2.44
Net Margin - %
Trading Trends
Insider
Insiders areSelling! The selling amount has increased 826.49% over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
85.6M
USD
17
6-9
Months
42.1M
USD
7
0-12
Months
5.0M
USD
8
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 are Neutral. There are no significant trading trends 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
2
1.5K
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
0.0
USD
0
3-6
Months
85.6M
USD
17
6-9
Months
42.1M
USD
7
0-12
Months
5.0M
USD
8
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
2025-09-03 (ET)
2025-09-03
09:08:30
Video: Nasdaq Futures Rise as Alphabet and Apple Respond to Remedies Ruling


2025-09-02 (ET)
2025-09-02
16:11:18
Zscaler projects FY26 EPS between $3.64 and $3.69, with consensus at $3.67

2025-09-02
16:08:33
Zscaler projects Q1 EPS between 85c and 86c, surpassing consensus of 84c

Sign Up For More Events
Sign Up For More Events
News
9.5
18:37 PMBenzingaPinnedWhat’s Happening with Zscaler Stock on Wednesday?
9.5
16:01 PMBenzingaPinnedZscaler Surpasses Q4 Expectations, Analysts Divided on Price Targets Despite Growth
9.5
13:37 PMBenzingaPinnedAnalysts Update Their Predictions for Zscaler After Q4 Results
Sign Up For More News
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FAQ

What is Zscaler Inc (ZS) stock price today?
The current price of ZS is 270.58 USD — it has decreased -1.45 % 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?
