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Zscaler delivers cloud-native zero-trust security platforms that use AI/ML for real-time threat detection and secure access in AI-driven environments.

Snapshot
Country USA USA
ExchangeNasdaq
AI Layer app
Category 5.40 Cybersecurity Vertical
Sentiment 62.0%
USD Mkt Cap26.83B
USD Revenue3.35B
USD Net Income-63.18M
fwd P/E29.38
PEG1.70
Price 3M+27.5%
Price 6M+6.5%
Price 1Y-42.2%
Price 2Y-3.7%
USD Share Price163.80
Price History
Price & Size
Price 164.54 USD
Market Cap 26.83B USD
Shares Outstanding 163.05M
Shares Float 106.47M
52w Low 114.62 USD
52w High 336.99 USD
Avg Volume 2.93M
Valuation
P/E (forward) 29.4x
P/B 10.33x
Enterprise Value 25.22B USD
Book Value / Share 15.94 USD
PEG Ratio 1.70x
P/S 8.00x
EV / Revenue 7.52x
EV / EBITDA 575.21x
Income
Revenue 3.35B USD
Revenue / Share 20.92 USD
EBITDA 43.85M USD
Net Income -63.18M USD
EPS (trailing) -0.39 USD
EPS (forward) 5.60 USD
Margins & Profitability
Gross Margin 76.9%
Operating Margin -1.0%
Profit Margin -1.9%
EBITDA Margin 1.3%
Return on Equity -2.9%
Return on Assets -1.0%
Growth
Revenue Growth 24.9%
Cash & Debt
Total Cash 3.47B USD
Total Debt 1.87B USD
Free Cash Flow 1.07B USD
Operating Cash Flow 1.13B USD
Debt / Equity 0.72x
Current Ratio 1.70x
Quick Ratio 1.57x
Dividend
Payout Ratio 0.0%
Risk
Beta 0.95
Analyst Consensus
Target (Mean) 207.29 USD
Target (Median) 210.00 USD
Target (High) 250.00 USD
Target (Low) 155.00 USD
Recommendation buy
# Analysts 44
Identifiers
ISINUS98980G1022
CUSIP98980G102
FIGIBBG00K4MD5L3
SEDOLBYV3N08
Sentiment 62.0%
Positive drivers

Zscaler reported solid Q4 FY2026 earnings with 28% YoY revenue growth driven by AI-powered Zero Trust expansions. New enterprise wins in the financial and healthcare sectors boosted investor confidence. Analyst upgrades from major firms highlighted the company's edge in cloud security amid rising AI threats.

Neutral / mixed

Broader tech sector rotation into AI leaders created mixed trading volumes for ZS shares. Macroeconomic uncertainty around interest rates led to cautious institutional positioning. Partnership announcements with hyperscalers showed promise but lacked immediate revenue impact.

Negative drivers

Increased competition from Palo Alto Networks and CrowdStrike pressured margins in the mid-market segment. A minor data incident disclosure triggered short-term negative headlines. Slowing growth in legacy on-prem customers raised concerns about long-term retention.

Bottom line

Sentiment remains moderately positive on Zscaler's AI-security positioning despite competitive and macro headwinds. The stock is viewed as a hold with upside potential on further AI adoption.