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Forecast
The analysts' average price target is €198.43 (-12.64%). The median is €205.05 (-9.73%).
| Buy |
44 |
| Hold |
10 |
| Sell |
1 |
News Go to news feed
Zscaler CEO Jay Chaudhry sells 2,852 shares for ~$550,000 to cover taxes
Jay Chaudhry sold 2,852 Zscaler shares on Sept. 16, 2026, in a non-discretionary transaction to satisfy tax-withholding from RSU vesting, totaling about $550,000. Post-sale, Chaudhry directly holds 340,186 shares and indirectly controls roughly 26.5 million shares, with his beneficial stake valued at about $5.15 billion. The sale represents a tiny portion of his holdings and the company noted a one-year stock return of -32% amid slowing revenue growth and ongoing losses, while Zscaler trades near a P/S of 9. » More on finance.yahoo.com
Zscaler shows strong growth but slowing ARR could pressure stock
Zscaler reported solid fiscal Q4 results with revenue up 25% to $898.2m and ARR of $3.77bn (25% growth; 20% organic). Non-GAAP operating margin hit a record 24% and GAAP loss per share narrowed sharply. Management guided fiscal 2027 ARR to $4.396–4.426bn, implying mid-to-high teens ARR growth and raising concerns about decelerating recurring-revenue expansion. Intensifying competition from larger cybersecurity vendors and potential multiple compression are cited as key downside risks despite continued momentum in data security and AI security initiatives. » More on finance.yahoo.com
Zscaler sees strong AI demand but guides to slower fiscal 2027 growth
Zscaler closed fiscal 2026 with revenue of $898 million, ARR of $3.8 billion and 25% ARR growth, citing AI as "the largest tailwind" with Security for AI bookings up >50% sequentially and a 75% quarter‑over‑quarter pipeline expansion. Despite the momentum, fiscal 2027 revenue guidance of $3.908–3.938 billion implies growth of about 16.6–17.5%, reflecting management's concerns over a sales transition and the pace of new‑product adoption. Net new ARR excluding Red Canary grew 17% in Q4 and Red Canary is not expected to contribute net new ARR in fiscal 2027, while free cash flow margin guidance of 23–23.5% lags the 27% achieved in fiscal 2025. The company expects the larger financial impact from AI and new products may materialize in fiscal 2028 rather than 2027. » More on finance.yahoo.com
Financials
| (EUR) | July 2026 | YoY |
|---|---|---|
| Revenue | 778.55m | 23.65% |
| Gross profit | 597.42m | 24.62% |
| Net profit | -2.92m | 81.02% |
| EBITDA | 86.24m | 91.18% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €36.42bn |
Number of shares | 163.05m |
52-week high/low | €300.43 - €102.19 |
| Dividends | No |
Beta | 0.94 |
P/E ratio | -642.50 |
PEG ratio | 10.82 |
P/B ratio | 15.45 |
P/S ratio | 12.19 |
Company profile
Zscaler, Inc. operates as a cloud security company worldwide. The company provides Zscaler Internet Access solution that provides users, servers, operational technology, Internet of Things device secure access to externally managed applications, including software-as-a-service (SaaS) applications and Internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds. It also offers Zscaler Digital Experience that measures end-to-end user experience across business applications, as well as provides an easy to understand digital experience score for each user, application, and location within an enterprise. In addition, the company provides workload segmentation solutions comprising Zscaler Cloud Security Posture Management that identifies and remediates application misconfigurations in SaaS, infrastructure as a service, and platform as a service to reduce risk and ensure compliance with industry and organizational benchmarks; and Zscaler Cloud Workload Segmentation, which is designed to secure application-to-application communications inside public clouds and data centers to stop lateral threat movement, as well as prevents application compromise and reduces the risk of data breaches. Its platform modules include Zscaler Central Authority, Zscaler Enforcement Node, and Zscaler Log Servers. It serves customers in airlines and transportation, conglomerates, consumer goods and retail, financial services, healthcare, manufacturing, media and communications, public sector and education, technology, and telecommunications services industries. The company was formerly known as SafeChannel, Inc., and changed its name to Zscaler, Inc. in August 2008. Zscaler, Inc. was incorporated in 2007 and is headquartered in San Jose, California.
| Name | Zscaler, Inc. |
| CEO | Jagtar Singh Chaudhry |
| Headquarters | San Jose,
ca USA |
| Website | |
| Sector | Information Technology |
| Industry | Software |
| IPO | 16/03/2018 |
| Employees | 8,700 |
Ticker symbols
| Exchange | Symbol |
|---|---|
NASDAQ | ZS |
London Stock Exchange | 0XVU.L |
XETRA | 0ZC.DE |
Frankfurt | 0ZC.F |
Düsseldorf | 0ZC.DU |
London | 0XVU.L |
SIX | 0ZC.SW |
München | 0ZC.MU |
Wien | ZSCA.VI |
Milan | 1ZS.MI |
Hamburg | 0ZC.HM |