Zscaler Inc ZS

What the company does

Zscaler Inc is a large-cap company in the Technology sector (Software - Infrastructure), with a market value of $41.6B, based in the USA.

It employs about 8,700 people and has been listed since Mar 16, 2018.

Zscaler, Inc. operates as a cloud security company worldwide. The company offers cyberthreat protection products, including Zero Trust SASE, a solution that securely connects workforces, AI agents, workloads, and IoT/OT devices to cloud apps and AI services; Zscaler Internet Access, which provides advanced threat protection, sandbox, and zero trust firewall; Zscaler Private Access solution that includes cyberthreat and data protection, application discovery, secure application access, application segmentation, application protection, and reduced attack surface; Zero Trust Browser, a solution that secures browser-based access to business applications for the extended workforce, including third parties and partners; Zscaler Digital Experience, a solution that monitors end-user experience and helps organizations identify and resolve performance issues across their digital environment; Zero Trust Branch; and Zero Trust Cloud solutions.

Cheap or expensive? relatively cheap

The company is loss-making, so it has no P/E — we compare on price-to-sales instead.

Its price-to-sales (P/S) is 12.4 versus 22.3 for 4 direct peers — relatively cheap.

Revenue is growing 25% versus the same quarter last year.

The average analyst price target is 235.19, 8% below the current price (their view, not ours).

The stock sits at 63% of its one-year range (0% = the low, 100% = the high).

The risks

• • The company is loss-making.
• • The stock is more volatile than average (beta 0.9) — big daily moves both ways.

Strengths

• ✅ Generates free cash flow — profit becomes cash in the bank.
• ✅ More cash than debt.
• ✅ Most analysts rate it buy (36 vs 0).
• ✅ Revenue is growing 25% a year.

What changed this week

Over the past week the stock rose 23.0% (for comparison: S&P 500 -0.4%, sector ETF XLK -0.1%).

This week's news

• Palo Alto Networks, Datadog, Zscaler, and SentinelOne shares skyrocket, what you need to know finance.yahoo.com · 2026-10-24
  What the article says

  Palo Alto Networks, Datadog, Zscaler, and SentinelOne shares skyrocket, what you need to know What happened? A number of stocks jumped in the afternoon session after cybersecurity stocks surged as investors reacted to a massive new wave of artificial intelligence-enabled cyber threats that industry experts have dubbed… source ↗

• AI Ushers in New Era of Cybersecurity Needs finance.yahoo.com · 2026-10-23
  What the article says

  The US government is working to address and stop any potential cybersecurity issues stemming from flaws in PHP, a widely used open-source software, that may impact federal agencies and American critical infrastructure, according to a White House official. The programming language, called PHP, contains two… source ↗

• OptionMetrics flags hidden gems in commodities as wheat, soybeans outshine copper finance.yahoo.com · 2026-10-23
  What the article says

  Investing.com -- Wheat, soybeans and sugar have quietly posted sizeable gains this year with strong risk-adjusted returns, while copper has underwhelmed despite heavy media attention, according to a recent OptionMetrics post. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is… source ↗

• Why Did Zscaler (ZS) Move Today? finance.yahoo.com · 2026-10-23
  What the article says

  Zscaler (ZS) moved back into focus after Pomerantz LLP announced an investigation into potential securities law breaches, following earlier volatility tied to guidance and the departure of the company's chief revenue officer. Recent trading tells a mixed story for Zscaler. The share price is up 13.1% over 30 days and… source ↗

• How Nvidia AI Security Tie Up At Zscaler (ZS) Has Changed Its Investment Story finance.yahoo.com · 2026-10-23
  What the article says

  Zscaler reported rapid expansion in its data security business, with Data Security ARR above US$500 million and more than 30% year over year growth, supported by a large seven figure expansion from a global asset manager. The company is tying its Zero Trust and AI security initiatives to real customer spend,… source ↗

• Zscaler (ZS) Ascends While Market Falls: Some Facts to Note finance.yahoo.com · 2026-10-22
  What the article says

  In the latest close session, Zscaler (ZS) was up +2.67% at $237.50. This move outpaced the S&P 500's daily loss of 1.21%. Elsewhere, the Dow saw an upswing of 0.02%, while the tech-heavy Nasdaq depreciated by 2.6%. The cloud-based information security provider's shares have seen an increase of 7.87% over the last… source ↗

What changed since last week

• Risk flag cleared: deep drawdown from the high.

• The price rose 23.0% since the last summary.