QQQ   358.01 (+0.84%)
AAPL   170.69 (+0.15%)
MSFT   313.64 (+0.27%)
META   303.96 (+2.09%)
GOOGL   132.31 (+1.36%)
AMZN   125.98 (+0.00%)
TSLA   246.38 (+2.44%)
NVDA   430.89 (+1.46%)
NIO   8.91 (+5.32%)
BABA   85.54 (-0.77%)
AMD   102.76 (+4.78%)
T   15.01 (+0.94%)
F   12.56 (+1.29%)
MU   65.20 (-4.41%)
CGC   0.81 (-8.95%)
GE   112.33 (+1.30%)
DIS   80.13 (+0.29%)
AMC   7.78 (+2.78%)
PFE   32.08 (-0.06%)
PYPL   58.18 (+1.46%)
NFLX   376.36 (-0.33%)
QQQ   358.01 (+0.84%)
AAPL   170.69 (+0.15%)
MSFT   313.64 (+0.27%)
META   303.96 (+2.09%)
GOOGL   132.31 (+1.36%)
AMZN   125.98 (+0.00%)
TSLA   246.38 (+2.44%)
NVDA   430.89 (+1.46%)
NIO   8.91 (+5.32%)
BABA   85.54 (-0.77%)
AMD   102.76 (+4.78%)
T   15.01 (+0.94%)
F   12.56 (+1.29%)
MU   65.20 (-4.41%)
CGC   0.81 (-8.95%)
GE   112.33 (+1.30%)
DIS   80.13 (+0.29%)
AMC   7.78 (+2.78%)
PFE   32.08 (-0.06%)
PYPL   58.18 (+1.46%)
NFLX   376.36 (-0.33%)
QQQ   358.01 (+0.84%)
AAPL   170.69 (+0.15%)
MSFT   313.64 (+0.27%)
META   303.96 (+2.09%)
GOOGL   132.31 (+1.36%)
AMZN   125.98 (+0.00%)
TSLA   246.38 (+2.44%)
NVDA   430.89 (+1.46%)
NIO   8.91 (+5.32%)
BABA   85.54 (-0.77%)
AMD   102.76 (+4.78%)
T   15.01 (+0.94%)
F   12.56 (+1.29%)
MU   65.20 (-4.41%)
CGC   0.81 (-8.95%)
GE   112.33 (+1.30%)
DIS   80.13 (+0.29%)
AMC   7.78 (+2.78%)
PFE   32.08 (-0.06%)
PYPL   58.18 (+1.46%)
NFLX   376.36 (-0.33%)
QQQ   358.01 (+0.84%)
AAPL   170.69 (+0.15%)
MSFT   313.64 (+0.27%)
META   303.96 (+2.09%)
GOOGL   132.31 (+1.36%)
AMZN   125.98 (+0.00%)
TSLA   246.38 (+2.44%)
NVDA   430.89 (+1.46%)
NIO   8.91 (+5.32%)
BABA   85.54 (-0.77%)
AMD   102.76 (+4.78%)
T   15.01 (+0.94%)
F   12.56 (+1.29%)
MU   65.20 (-4.41%)
CGC   0.81 (-8.95%)
GE   112.33 (+1.30%)
DIS   80.13 (+0.29%)
AMC   7.78 (+2.78%)
PFE   32.08 (-0.06%)
PYPL   58.18 (+1.46%)
NFLX   376.36 (-0.33%)

Zscaler (ZS) Stock Forecast, Price & News

$150.92
+2.05 (+1.38%)
(As of 09/28/2023 ET)
Compare
Today's Range
$146.71
$152.45
50-Day Range
$135.65
$165.05
52-Week Range
$84.93
$185.99
Volume
1.02 million shs
Average Volume
2.62 million shs
Market Capitalization
$22.21 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$180.26

Zscaler MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.69 Rating Score
Upside/​Downside
19.4% Upside
$180.26 Price Target
Short Interest
Healthy
6.25% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.86
Upright™ Environmental Score
News Sentiment
0.89mentions of Zscaler in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$22.45 M Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($1.10) to ($1.17) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.40 out of 5 stars

Computer And Technology Sector

235th out of 601 stocks

Custom Computer Programming Services Industry

11th out of 27 stocks


ZS stock logo

About Zscaler (NASDAQ:ZS) Stock

Zscaler, Inc. is a leading cloud security company that empowers organizations to securely transform their networks and applications for the digital age. Founded in 2007, Zscaler operates on a cloud-native platform that provides comprehensive security solutions, enabling businesses to securely connect users, devices, and applications, regardless of location.

The company's mission is to make the internet safe for business. Zscaler's cloud-native security platform delivers a broad range of integrated services, including secure web gateways, cloud firewalls, data loss prevention, and zero-trust network access. By offering these services as a cloud-based solution, Zscaler provides businesses with enhanced security, scalability, and agility.

Headquartered in San Jose, California, Zscaler has a global presence with offices and data centers across multiple locations worldwide. The company serves various industries, including financial services, healthcare, manufacturing, government, and technology.

Zscaler's target market primarily comprises enterprise customers seeking robust and reliable cybersecurity solutions. Its customer base includes Fortune 500 companies, government agencies, and small to medium-sized enterprises. Notable customers of Zscaler include Siemens, Allianz, and the U.S. Federal Government.

The company has achieved several milestones and garnered recognition for its innovative solutions. In 2021, Zscaler was named a leader in the Gartner Magic Quadrant for Secure Web Gateways for the eleventh consecutive year. Additionally, Zscaler has received accolades for its cloud security offerings and has been recognized as a leader in the Forrester Wave: Zero Trust eXtended Ecosystem Platform Providers.

Zscaler is led by a highly experienced and accomplished management team with a wealth of cybersecurity, cloud computing, and enterprise software expertise. Jay Chaudhry, the founder of Zscaler, serves as the Chairman and Chief Executive Officer. Chaudhry is a renowned cybersecurity visionary and serial entrepreneur, having previously founded successful companies such as AirDefense, CipherTrust, and CoreHarbor.

Zscaler has exhibited strong financial performance in recent years, reflecting its market-leading position and the increasing demand for cloud-based security solutions. The company has consistently delivered impressive revenue growth, surpassing the $1 billion mark in fiscal year 2022. This growth can be attributed to the growing adoption of cloud computing, digital transformation initiatives, and the increasing need for robust cybersecurity solutions. Zscaler has maintained a healthy balance sheet with limited long-term debt. The company's long-term debt is relatively low compared to its revenues and market capitalization.

Zscaler operates in the cybersecurity industry, a critical component in protecting organizations from evolving cyber threats. The industry has experienced rapid growth in recent years due to the increasing digitization of businesses and the proliferation of cloud computing and mobile devices.

The cybersecurity market is highly competitive, with numerous players offering a range of solutions and services. Zscaler stands out in the industry due to its cloud-native approach, which enables organizations to secure their networks and applications in a scalable and flexible manner. By leveraging the power of the cloud, Zscaler provides customers with improved visibility, control, and threat protection across their entire network infrastructure.

The company faces competition from both established cybersecurity vendors and emerging startups. Key competitors include Palo Alto Networks, Cisco Systems, and Fortinet. Zscaler's competitive advantages lie in its innovative technology, strong brand recognition, and ability to adapt and stay ahead of evolving cybersecurity threats.

Zscaler has several growth opportunities on the horizon that could further drive its success in the cybersecurity market. One significant opportunity is the increasing demand for cloud security solutions as businesses migrate their operations to the cloud. With its cloud-native platform, Zscaler is well-positioned to capitalize on this trend and help organizations secure their cloud-based applications and data.

The company can explore expansion into new markets and industry verticals. As digital transformation initiatives continue to reshape various sectors, there is a growing need for robust cybersecurity solutions tailored to specific industries. By targeting sectors such as healthcare, finance, and manufacturing, Zscaler can tap into new customer segments and diversify its revenue streams.

While Zscaler has demonstrated impressive growth and market success, it is not immune to risks and challenges that could impact its future performance. One key risk is the evolving nature of cybersecurity threats. As new technologies emerge and threat actors become increasingly sophisticated, Zscaler must stay ahead of these evolving risks to provide effective security solutions. Failure to do so could result in reputational damage and loss of customer trust.

Another challenge is the competitive landscape within the cybersecurity industry. The market is highly dynamic, with new entrants and established players constantly vying for market share. Zscaler must continue to innovate and differentiate itself to maintain its competitive position. Additionally, pricing pressures from competitors or changing customer preferences could impact the company's profitability.

Zscaler's risk management strategies include investing in research and development to stay ahead of emerging threats, maintaining strong relationships with customers to address their evolving needs, and actively monitoring the competitive landscape. The company's commitment to ongoing innovation and its experienced management team position it well to navigate these risks and challenges.

ZS Price History

ZS Stock News Headlines

5 Sizzling Tech Companies on the Brink of Bullish Reversals (ZS)
Tech stocks are on the move and some are forming solid reversal patterns that could lead to double-digit gains for investors.
This is How Cyber Security Powerhouse Zscaler rises another 35%
Zscaler shares are in reversal following a solid report with analysts raising their targets; institutions are buying again and may provide a tailwind.
Top Analyst Exposes Imminent Crisis Hurtling Towards America
The man who warned of the dot-com blow up, the 2008 housing collapse, and the loss of America’s AAA rating makes a shocking prediction…
The Top 5 Analysts Calls in September 
These stocks have more in common than analysts' attention. Read on to find out why these are the Most Upgraded Stocks for the 1st week of September.
6 Cybersecurity Stocks: Which is the Best to Buy? (ZS)
These six cybersecurity stocks outperform their expectations and are set up to move higher on analysts' sentiment and growth.
ATTENTION: Digital Dollar Could Send this $0.25 Play Skyrocketing
In just a few days, the U.S. government could announce this mandatory recall on the U.S. dollar… And replace it with a new digital dollar. And that could send this $0.25 alternative investment skyrocketing.
Zscaler: Less Reward, More Risk
Zscaler: Room To Rise After Recent Volatility
Remo Canessa Sells 18,693 Shares of Zscaler, Inc. (NASDAQ:ZS) Stock
Dali Rajic Sells 14,953 Shares of Zscaler, Inc. (NASDAQ:ZS) Stock
Should You Harvest Zscaler (ZS) Now?
Zscaler (NASDAQ:ZS) Price Target Raised to $190.00 at Citigroup
Zscaler Stock: Is the Price Right to Buy Yet?
See More Headlines
Receive ZS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Zscaler and its competitors with MarketBeat's FREE daily newsletter.

ZS Company Calendar

Last Earnings
9/05/2023
Today
9/28/2023
Next Earnings (Estimated)
12/07/2023
Fiscal Year End
7/31/2024

Industry, Sector and Symbol

Industry
Custom computer programming services
Sub-Industry
N/A
Fax
N/A
Employees
5,962
Year Founded
2007

Price Target and Rating

Average Stock Price Forecast
$180.26
High Stock Price Forecast
$225.00
Low Stock Price Forecast
$125.00
Forecasted Upside/Downside
+18.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.69
Research Coverage
36 Analysts

Profitability

Net Income
$-202,340,000.00
Pretax Margin
-11.29%

Debt

Sales & Book Value

Annual Sales
$1.62 billion
Book Value
$4.93 per share

Miscellaneous

Free Float
118,030,000
Market Cap
$22.31 billion
Optionable
Optionable
Beta
0.85

Social Links

10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.

Get This Free Report

Key Executives

  • Mr. Jagtar Singh ChaudhryMr. Jagtar Singh Chaudhry (Age 64)
    Co-Founder, CEO & Chairman
    Comp: $23.66k
  • Mr. Remo E. CanessaMr. Remo E. Canessa (Age 66)
    Chief Financial Officer
    Comp: $747.59k
  • Mr. Dali  RajicMr. Dali Rajic (Age 50)
    Chief Operating Officer
    Comp: $924.08k
  • Mr. Robert S. SchlossmanMr. Robert S. Schlossman (Age 55)
    Chief Legal Officer & Sec.
    Comp: $585.69k
  • Mr. K. Kailash
    Founder & Chief Architect
  • Mr. Syam Nair
    CTO and Exec. VP of R&D
  • Ms. Praniti Lakhwara
    Chief Information Officer
  • Mr. William Hyodong Choi C.F.A.
    Sr. VP of Investor Relations & Strategic Fin.
  • Ms. Natalia Wodecki
    Global PR Director
  • Mr. Brendan Castle
    Chief People Officer













ZS Stock - Frequently Asked Questions

Should I buy or sell Zscaler stock right now?

36 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Zscaler in the last twelve months. There are currently 12 hold ratings, 23 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ZS shares.
View ZS analyst ratings
or view top-rated stocks.

What is Zscaler's stock price forecast for 2023?

36 brokers have issued twelve-month price targets for Zscaler's shares. Their ZS share price forecasts range from $125.00 to $225.00. On average, they anticipate the company's share price to reach $180.26 in the next year. This suggests a possible upside of 18.9% from the stock's current price.
View analysts price targets for ZS
or view top-rated stocks among Wall Street analysts.

How have ZS shares performed in 2023?

Zscaler's stock was trading at $111.90 at the beginning of 2023. Since then, ZS stock has increased by 35.5% and is now trading at $151.57.
View the best growth stocks for 2023 here
.

When is Zscaler's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, December 7th 2023.
View our ZS earnings forecast
.

How were Zscaler's earnings last quarter?

Zscaler, Inc. (NASDAQ:ZS) posted its quarterly earnings data on Tuesday, September, 5th. The company reported $0.64 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.49 by $0.15. The firm had revenue of $455 million for the quarter, compared to analysts' expectations of $430.38 million. Zscaler had a negative net margin of 12.51% and a negative trailing twelve-month return on equity of 31.64%. The business's revenue for the quarter was up 43.0% compared to the same quarter last year. During the same quarter last year, the company earned ($0.40) earnings per share.

What guidance has Zscaler issued on next quarter's earnings?

Zscaler issued an update on its FY24 earnings guidance on Tuesday, September, 5th. The company provided EPS guidance of $2.20-$2.25 for the period, compared to the consensus estimate of $2.11. The company issued revenue guidance of $2.050-$2.065 billion, compared to the consensus revenue estimate of $2.05 billion.

What is Jay Chaudhry's approval rating as Zscaler's CEO?

684 employees have rated Zscaler Chief Executive Officer Jay Chaudhry on Glassdoor.com. Jay Chaudhry has an approval rating of 97% among the company's employees. This puts Jay Chaudhry in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Zscaler own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Zscaler investors own include NVIDIA (NVDA), Block (SQ), Okta (OKTA), Salesforce (CRM), DocuSign (DOCU), Alibaba Group (BABA), Trade Desk (TTD), Zoom Video Communications (ZM), Twilio (TWLO) and CrowdStrike (CRWD).

When did Zscaler IPO?

(ZS) raised $110 million in an initial public offering (IPO) on Friday, March 16th 2018. The company issued 10,000,000 shares at $10.00-$12.00 per share. Morgan Stanley and Goldman Sachs acted as the underwriters for the IPO and BofA Merrill Lynch, Barclays, Deutsche, Credit Suisse, UBS Securities, Baird, BTIG and Needham, Stephens were co-managers.

What is Zscaler's stock symbol?

Zscaler trades on the NASDAQ under the ticker symbol "ZS."

Who are Zscaler's major shareholders?

Zscaler's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Bank Julius Baer & Co. Ltd Zurich (6.07%), Artisan Partners Limited Partnership (1.62%), Champlain Investment Partners LLC (1.22%), Capital Research Global Investors (0.90%), Geode Capital Management LLC (0.90%) and Marshall Wace LLP (0.81%). Insiders that own company stock include Ajay Mangal, Alan H Auerbach, Amit Sinha, Andrew William Fraser Brown, Dali Rajic, Jagtar Singh Chaudhry, Karen Blasing, Remo Canessa and Robert Schlossman.
View institutional ownership trends
.

How do I buy shares of Zscaler?

Shares of ZS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Zscaler's stock price today?

One share of ZS stock can currently be purchased for approximately $151.57.

How much money does Zscaler make?

Zscaler (NASDAQ:ZS) has a market capitalization of $22.31 billion and generates $1.62 billion in revenue each year. The company earns $-202,340,000.00 in net income (profit) each year or ($1.41) on an earnings per share basis.

How many employees does Zscaler have?

The company employs 5,962 workers across the globe.

How can I contact Zscaler?

Zscaler's mailing address is 120 HOLGER WAY, SAN JOSE CA, 95134. The official website for the company is www.zscaler.com. The company can be reached via phone at (408) 533-0288 or via email at ir@zscaler.com.

This page (NASDAQ:ZS) was last updated on 9/28/2023 by MarketBeat.com Staff

My Account -