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Added to YB: 2025-11-28

Pitch date: 2025-11-26

ZS [neutral]

Zscaler, Inc.

-12.67%

current return

Author Info

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Company Info

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.

Market Cap

$38.1B

Pitch Price

$252.41

Price Target

N/A

Dividend

N/A

EV/EBITDA

215.98

P/E

-592.73

EV/Sales

10.89

Sector

Software

Category

growth

Show full summary:
Zscaler Q3 2025 Earnings Analysis

ZS (earnings): $788M rev (+26% YoY) beat est, ARR $3.2B (+26%), FCF margin 52% (+6pts), Rule-of-78 achieved. AI Security ARR +80% YoY, exceeding $400M target early. Zero Trust Everywhere 450+ enterprises (3Q ahead of plan). Macro headwinds persist, GM down 0.7pts on product mix. Guiding $797-799M Q4.

Read full article (7 min)