Zscaler (ZS) Projected to Post Earnings on Thursday

Key Points

• Zscaler is expected to report fiscal Q4 2026 results after Thursday’s market close. Analysts project earnings of $1.09 per share and revenue of approximately $877 million, following the company’s prior earnings beat and 25.4% year-over-year revenue growth.
• Analyst sentiment remains broadly positive but mixed ahead of the report. Zscaler has a “Moderate Buy” consensus rating and a $216.18 average price target, while JPMorgan raised its target to $215; however, Evercore placed the stock on its tactical underperform list because of its valuation and elevated expectations.
• The stock has rebounded but remains highly valued and volatile. Shares opened at $170.31, above their 50-day and 200-day moving averages, while the company carries a negative P/E ratio and a wide 52-week range of $114.63 to $336.99.

Zscaler (NASDAQ:ZS - Get Free Report) is expected to be posting its Q4 2026 results after the market closes on Thursday, September 3rd. Analysts expect the company to post earnings of $1.09 per share and revenue of $876.9590 million for the quarter. Parties can check the company's upcoming Q4 2026 earning summary page for the latest details on the call scheduled for Thursday, September 3, 2026 at 4:30 PM ET.

Zscaler (NASDAQ:ZS - Get Free Report) last issued its earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share for the quarter, beating analysts' consensus estimates of $1.01 by $0.07. The business had revenue of $850.48 million during the quarter, compared to analyst estimates of $835.14 million. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.Zscaler's revenue was up 25.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.84 EPS. On average, analysts expect Zscaler to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Zscaler Stock Performance

ZS stock opened at $170.31 on Thursday. The business has a 50-day moving average price of $153.75 and a 200 day moving average price of $149.99. Zscaler has a 1-year low of $114.63 and a 1-year high of $336.99. The company has a market capitalization of $27.54 billion, a P/E ratio of -354.81, a PEG ratio of 99.13 and a beta of 0.94. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.86 and a quick ratio of 1.86.

Key Stories Impacting Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: JPMorgan raised its price target on Zscaler from $205 to $215 and maintained an “overweight” rating, implying substantial upside from recent trading levels. Benzinga report
• Positive Sentiment: Zscaler participated in Deep Cogito’s $43 million Series A financing. The investment gives Zscaler exposure to a startup developing reinforcement-learning and self-improving AI models, potentially supporting the company’s broader AI and cybersecurity strategy. Deep Cogito funding announcement
• Positive Sentiment: Guggenheim reaffirmed its “Buy” rating, adding another supportive analyst opinion as investors assess Zscaler’s growth prospects. Guggenheim rating report
• Neutral Sentiment: Analyst sentiment is mixed ahead of earnings. Reports highlight strong AI-driven expectations across cybersecurity stocks, increasing the potential for volatility if Zscaler’s fiscal fourth-quarter results or outlook fall short. Cybersecurity stocks earnings report
• Negative Sentiment: Evercore added Zscaler to its tactical underperform list ahead of the fiscal fourth-quarter report, signaling concern that the stock’s valuation and elevated expectations may limit near-term upside. Evercore tactical underperform report
• Negative Sentiment: CFO Kevin Rubin sold 503 shares worth approximately $87,210 under a pre-arranged Rule 10b5-1 trading plan. The transaction was small relative to his remaining holdings and appears more routine than an indication of changing company fundamentals, but it can still attract modest selling scrutiny. SEC insider trading filing

Insider Activity at Zscaler

In other Zscaler news, insider Robert Schlossman sold 3,146 shares of the business's stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total transaction of $397,748.78. Following the sale, the insider owned 69,366 shares of the company's stock, valued at approximately $8,769,943.38. The trade was a 4.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Jagtar Singh Chaudhry sold 2,878 shares of the business's stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $126.43, for a total transaction of $363,865.54. Following the sale, the chief executive officer directly owned 343,038 shares in the company, valued at approximately $43,370,294.34. This represents a 0.83% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 16,772 shares of company stock valued at $2,139,799 over the last 90 days. Company insiders own 17.20% of the company's stock.

Institutional Investors Weigh In On Zscaler

A number of large investors have recently made changes to their positions in ZS. Sivia Capital Partners LLC purchased a new position in Zscaler in the 2nd quarter worth $252,000. Fairscale Capital LLC grew its stake in Zscaler by 15.6% during the 4th quarter. Fairscale Capital LLC now owns 438 shares of the company's stock valued at $99,000 after purchasing an additional 59 shares during the last quarter. Front Row Advisors LLC grew its stake in Zscaler by 68.9% during the 4th quarter. Front Row Advisors LLC now owns 652 shares of the company's stock valued at $147,000 after purchasing an additional 266 shares during the last quarter. Intesa Sanpaolo Wealth Management acquired a new position in shares of Zscaler in the fourth quarter valued at about $138,000. Finally, Parallel Advisors LLC increased its holdings in shares of Zscaler by 77.8% in the fourth quarter. Parallel Advisors LLC now owns 706 shares of the company's stock valued at $159,000 after purchasing an additional 309 shares during the period. 46.45% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have weighed in on ZS. Citigroup restated a "market outperform" rating on shares of Zscaler in a report on Wednesday, May 27th. Deutsche Bank Aktiengesellschaft cut their price target on shares of Zscaler from $185.00 to $175.00 and set a "buy" rating on the stock in a report on Wednesday, May 27th. Robert W. Baird reduced their price target on Zscaler from $265.00 to $230.00 and set an "outperform" rating on the stock in a research report on Wednesday, May 27th. Stifel Nicolaus upped their price target on Zscaler from $175.00 to $200.00 and gave the stock a "buy" rating in a research report on Wednesday, August 19th. Finally, JPMorgan Chase & Co. increased their price objective on Zscaler from $205.00 to $215.00 and gave the company an "overweight" rating in a report on Wednesday. Thirty-four research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $216.18.

Zscaler Company Profile

Zscaler is a cloud security company that delivers a cloud-native platform to protect users, applications and data as organizations move away from traditional, network-centric security architectures. The company focuses on a zero trust approach that assumes no implicit trust for users or devices, providing secure access to the internet, SaaS applications and private applications regardless of where users are located. Zscaler positions its services as an alternative to legacy appliances and site-centric VPNs, aiming to simplify security while enabling modern, distributed workforces.

Key offerings are built around the Zscaler Zero Trust Exchange, a multi-tenant cloud platform that enforces security and access policies in-line.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source