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Added to YB: 2026-05-05

Pitch date: 2026-05-02

ZS [neutral]

Zscaler, Inc.

+36.56%

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

$31.6B

Pitch Price

$140.40

Price Target

N/A

Dividend

N/A

EV/EBITDA

177.55

P/E

-491.70

EV/Sales

8.95

Sector

Software

Category

growth

Show full summary:
Day 38: ZScaler $ZS

ZS (overview): Cloud security replacing on-prem firewalls via ZIA (web gateway) & ZPA (zero trust VPN). 114% NRR, $3.37B ARR (+21% organic), 6.2x EV/ARR, -6% GAAP op margin. AI bull: in-line position captures agent traffic surge; 1T AI transactions in 2025, 3.4k AI apps (+4x YoY), 25% new ACV from metered usage (+100% YoY). Bear: Palo Alto/Cloudflare/Netskope competition limits upside vs hoped-for AI inflection.

Read full article (4 min)