Zscaler Inc ZS
Stock research in plain language · As of Oct 04, 2026 · updated once a week, after the trading week closes
What the company does
Zscaler Inc is a large-cap company in the Technology sector (Software - Infrastructure), with a market value of $32.1B, 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 9.6 versus 23.2 for 4 direct peers — relatively cheap.
Revenue is growing 25% versus the same quarter last year.
The average analyst price target is 210.13, 7% above the current price (their view, not ours).
The stock sits at 37% 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.
- • The stock is 42% below its one-year high.
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 1.8% (for comparison: S&P 500 -0.2%, sector ETF XLK +1.8%).
This week's news
- Zscaler (ZS) Stock Still Trades Below Fair Value After 36% Slide finance.yahoo.com · 2026-10-03
- Zscaler (ZS) Stock Drops Despite Market Gains: Important Facts to Note finance.yahoo.com · 2026-10-02
- Catalyst Watch: Microsoft event, FOMC talk, and the finish line for Paramount-Warner Bros. seekingalpha.com · 2026-10-02
- Zscaler (ZS) Stock Gets Fair Value Bump As Analysts Debate Growth And Execution finance.yahoo.com · 2026-10-02
- Zscaler, Inc. (ZS) is Attracting Investor Attention: Here is What You Should Know finance.yahoo.com · 2026-10-02
- Zscaler (ZS) Warns AI Driven Ransomware Is Reshaping Cyber Threats finance.yahoo.com · 2026-10-01
A description of facts from the filings and the market — not investment advice or a recommendation. "Cheap" and "expensive" are always relative to the comparison group.