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Added to YB: 2026-08-31

Pitch date: 2026-08-27

ZS [neutral]

Zscaler, Inc.

+18.4%

current return

Author Info

No bio for this author

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

$186.17

Price Target

200.00 (-9%)

Dividend

N/A

EV/EBITDA

215.98

P/E

-592.73

EV/Sales

10.89

Sector

Software

Category

growth

Show full summary:
Razor's Edge: SaaS Full Circle - Zscaler, Inc.

ZS (hold): Zscaler remains worth holding until at least $200: sales-leadership turnover and mid-market challenges after several years of hypergrowth have created a relative cybersecurity multiple gap, while its 750B+ daily inline transactions support differentiated security for agent traffic traversing managed users and devices. But cloud-to-cloud traffic can bypass its proxy, network inspection cannot see payload intent, and Zscaler does not own the enterprise directory or cloud-to-cloud authorization. ServiceNow also looks increasingly attractive given its governance/security focus.

Read full article (2 min)