Zscaler (NASDAQ:ZS) Updates Q4 2026 Earnings Guidance

Zscaler (NASDAQ:ZS) updated its fourth quarter 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.080-1.090 for the period, compared to the consensus earnings per share estimate of 0.830. The company issued revenue guidance of $875.0 million-$878.0 million, compared to the consensus revenue estimate of $878.5 million. Zscaler also updated its FY 2026 guidance to 4.100-4.110 EPS.

Wall Street Analysts Forecast Growth

ZS has been the topic of a number of recent analyst reports. BTIG Research reissued a “neutral” rating on shares of Zscaler in a report on Thursday, April 9th. HC Wainwright raised Zscaler from a “buy” rating to a “buy” rating in a report on Monday, May 18th. B. Riley Financial raised Zscaler from a “neutral” rating to a “buy” rating and decreased their target price for the stock from $275.00 to $225.00 in a report on Monday, May 18th. Truist Financial decreased their target price on Zscaler from $350.00 to $250.00 and set a “buy” rating on the stock in a report on Tuesday, February 17th. Finally, Morgan Stanley set a $155.00 target price on shares of Zscaler in a report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $261.26.

Zscaler Stock Performance

NASDAQ:ZS traded up $2.23 during mid-day trading on Tuesday, reaching $184.60. 6,999,400 shares of the company’s stock were exchanged, compared to its average volume of 2,863,154. The firm has a market capitalization of $29.68 billion, a PE ratio of -439.52 and a beta of 0.96. Zscaler has a one year low of $114.63 and a one year high of $336.99. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.90 and a current ratio of 1.90. The business’s fifty day simple moving average is $145.14 and its two-hundred day simple moving average is $193.63.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings results on Thursday, February 26th. The company reported $1.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.12. The business had revenue of $815.75 million for the quarter, compared to the consensus estimate of $798.92 million. Zscaler had a positive return on equity of 0.06% and a negative net margin of 2.25%.The firm’s quarterly revenue was up 25.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.78 earnings per share. Zscaler has set its Q3 2026 guidance at 1.000-1.010 EPS and its FY 2026 guidance at 3.990-4.020 EPS. Analysts anticipate that Zscaler will post -0.03 earnings per share for the current fiscal year.

Insider Buying and Selling at Zscaler

In other Zscaler news, insider Adam Geller sold 2,094 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $153.53, for a total value of $321,491.82. Following the transaction, the insider directly owned 46,949 shares of the company’s stock, valued at $7,208,079.97. This trade represents a 4.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director James A. Beer sold 177 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $153.53, for a total transaction of $27,174.81. Following the completion of the transaction, the director directly owned 4,384 shares in the company, valued at approximately $673,075.52. This represents a 3.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 12,130 shares of company stock valued at $1,892,487 over the last ninety days. 17.20% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Zscaler

Several hedge funds have recently bought and sold shares of ZS. Binnacle Investments Inc bought a new position in Zscaler in the 3rd quarter valued at about $25,000. AlphaCentric Advisors LLC acquired a new stake in shares of Zscaler in the 4th quarter valued at $29,000. Mcguire Capital Advisors Inc. acquired a new stake in shares of Zscaler in the 4th quarter valued at $32,000. Strive Financial Group LLC acquired a new stake in shares of Zscaler in the 4th quarter valued at $39,000. Finally, Sumitomo Mitsui Financial Group Inc. boosted its holdings in shares of Zscaler by 105.5% in the 4th quarter. Sumitomo Mitsui Financial Group Inc. now owns 215 shares of the company’s stock valued at $49,000 after purchasing an additional 4,111 shares in the last quarter. 46.45% of the stock is owned by institutional investors.

Zscaler Company Profile

Zscaler is a cloud security company that delivers a cloud-native platform to protect users, applications and data as organizations move away from traditional, network-centric security architectures. The company focuses on a zero trust approach that assumes no implicit trust for users or devices, providing secure access to the internet, SaaS applications and private applications regardless of where users are located. Zscaler positions its services as an alternative to legacy appliances and site-centric VPNs, aiming to simplify security while enabling modern, distributed workforces.

Key offerings are built around the Zscaler Zero Trust Exchange, a multi-tenant cloud platform that enforces security and access policies in-line.