ZS|Analyst Targets
ZS|Company Info
ZS|Insider Trading
ZS|Fundamentals
ZS|Earnings Snapshot
EPS
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q1'27 | $1.19 | - | - |
| Q4'26 | $1.09 | $1.19 | +9.2% |
| Q2'26 | $0.92 | $1.01 | +9.4% |
| Q4'24 | $0.69 | $0.78 | +12.7% |
Revenue
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q1'27 | $966M | - | - |
| Q4'26 | $904M | $898M | -0.6% |
| Q2'26 | $823M | $816M | -0.9% |
| Q4'24 | - | $648M | - |
ZS|Monthly Returns
Market Data
ZS Stock Snapshot
- Market cap
- 33.38B
- Day range
- $200.75 – $213.50
- News sentiment
- 44/100 · Neutral
- Analyst target
- $235.19 (+14.7%)
- Consensus
- Buy · 60 analysts
Price action on ZS is defensive - rallies are being sold rather than extended. Sector peers are worth watching - large caps in Technology tend to move together on rotation.
Behaviour On Record
What ZS's own history says about today's numbers
- Realized volatility (21d)
- 67.6% 79th pct
- Below its peak
- -41.4%
- vs 200-day average
- +30.4%
- Up days (1y)
- 51%
Zscaler, Inc. is currently running 67.6% annualised volatility over the last 21 sessions. Measured against ZS's own 9 years of daily returns rather than a market-wide average, that is the 79th percentile — elevated for this stock, against a typical reading of 49.7%.
ZS is trading -41.4% below its running peak. Across 9 full years on file, its median worst-drawdown-in-a-year was -39.3%, and the deepest was -64.4% in 2022. The current drawdown is already deeper than this stock's typical annual low point, which puts it in the part of its range where past recoveries began, and where past declines also continued.
Price sits +30.4% from its 200-day moving average. Against every other day in its history, that gap ranks at the 74th percentile — a somewhat wider gap than its own norm. Over the past year ZS closed higher on 51% of sessions, and it is currently 2 sessions into a falling streak.
On November specifically: over 8 years of records, ZS finished the month higher 6 of 8 times, with a median return of +13.6% and an average of +6.3%. Its strongest month historically has been May at +10.0% on average, its weakest February at -4.5%.
Overnight risk is measurable too: ZS has opened more than 2% away from the prior close in 132 of 2,172 sessions (6.1% of the time), with the largest gaps running +7.0% and -8.7%.
All figures computed from 2,173 daily closes between 2018-03-16 and 2026-11-05, split-adjusted, recomputed daily. Percentiles are against ZS's own 9-year history, not a peer group or index.
Sector Rotation
Is money rotating into or out of ZS's sector?
Zscaler, Inc. sits in the Software sector, currently ranked 11th of 12 GICS sectors by relative-strength rotation score (lagging). Within its narrower Software industry group, ZS ranks 12th of 15 tracked industries, lagging.
- Sector rank
- #11 of 12
- Sector state
- Lagging
- Sector rotation score
- 18
- Industry rank
- #12 of 15
Analyst Consensus Estimates
What do analysts expect ZS to earn?
Analysts expect Zscaler, Inc. to earn $4.91 per share in the fiscal year ending Jul 2027 and $1.47 in the fiscal year ending Jul 2029, from 5 estimates. These are analyst forecasts, not company guidance, and later years rest on fewer analysts.
Revenue marked ~ is our calculation from the EPS estimate, not analyst consensus.
Analyst Rating Changes
Are analysts turning bullish or bearish on ZS?
Freedom Broker most recently reiterated its rating on Zscaler, Inc. to Buy on Oct 22, 2026 with a price target of $270 (from $230). Over the last 90 days, coverage has run 0 upgrades against 0 downgrades, a net mixed lean.
- Latest action
- Freedom Broker: Buy
- 90-day upgrades
- 0
- 90-day downgrades
- 0
- Net rating momentum
- 0
Earnings Release, Scored
What did Zscaler, Inc.'s latest earnings release say?
Most important lines
- 1
Revenue: Grew 25% year over year to $898.2 million.
New this quarter - 2
Revenue: Grew 25% year over year to $3,353 million.
New this quarter - 3
Generates Q4 and FY26 ARR growth of 25% year over year
New this quarter
Peers & ETF holders
ZS peers & ETF holders
Software - InfrastructureMarket cap · today
News & sentiment
What is the news saying about ZS?
ZS fell 3.5% over the month to Nov 6. News tone held between 61 and 91 from Oct 6 to Oct 15, then dropped to 54 on Oct 16.
- Oct 9 +7.2%same day: Can Zscaler (ZS) Still Look Undervalued On Reaffirmed 2027 Guidance And AI Security Goals?
- Oct 23 +8.3%same day: Why Did Zscaler (ZS) Move Today?
- Nov 5 -9.2%same day: Zscaler to Host First Quarter Fiscal Year 2027 Earnings Conference Call
Technical analysis
How strong is ZS's momentum right now?
On the daily chart ZS ranks at the 8th percentile for momentum against 1,060 stocks and ETFs, a bearish reading.
Institutional ownership
Are big funds buying or selling ZS?
89 of the 189 tracked managers added to ZS in their latest 13F and 97 trimmed. Together they own 42.3% of the company, worth $9.8B. BlackRock and Vanguard Portfolio Management alone hold 10.0%.
- 1BlackRock, Inc.6.17%$1.4B positionAdded 15.4% last quarter
- $874.7M positionAdded 4.5% last quarter
- $666.4M positionAdded 1.3% last quarter
- 4First Trust Advisors LP2.20%$498.1M positionAdded 0.3% last quarter
- 5Goldman Sachs Group Inc1.97%$446.3M positionAdded 8.1% last quarter
- 6State Street Corp1.55%$352.0M positionAdded 4.6% last quarter
- $294.3M positionAdded 0.2% last quarter
- $244.4M positionTrimmed 11.9% last quarter
- $236.4M positionAdded 7.7% last quarter
- 10AQR Capital Management LLC0.85%$192.4M positionAdded 34.2% last quarter
Congressional trading
Is Congress trading ZS?
1 member of Congress disclosed 1 ZS trade on Jan 13, 2025: 1 sell, about $8.0K in estimated value.
Discover more
How has ZS done against its peers?
Over the six months to Nov 6, ZS returned +45.9%. Of the 15 related stocks and ETFs, 3 did better, led by SNOW at +93.1%.
- 1SNOWSnowflake Inc.up 93.1%+47.2 pts
- 2CRWDCrowdStrike Holdings, Inc.up 90.4%+44.5 pts
- 3PANWPalo Alto Networks, Inc.up 71.8%+25.9 pts
- 4ZSThis stockup 45.9%
- 5PLTRPalantir Technologies Inc.up 21.1%−24.8 pts
- 6CRMSalesforce, Inc.up 17.6%−28.3 pts
- 7FTNTFortinet, Inc.up 17.1%−28.8 pts
- 8NOWServiceNow, Inc.up 14.5%−31.4 pts
- 16ORCLOracle Corporationdown 39.1%−85.0 pts