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Added to YB: 2026-05-29

Pitch date: 2026-05-27

ZS [neutral]

Zscaler, Inc.

+2.76%

current return

Author Info

Compounding Your Wealth dives into detailed analyses of earnings reports, shares transparent reviews, and cultivates a long-term mindset essential for understanding company fundamentals, business models, and diverse investment styles. My goal is to nurture a multibagger portfolio by focusing on growth companies, adopting a long-term perspective, and employing a systematic, process-driven approach. Sign up for the newsletter.

Company Info

Zscaler, Inc. operates as a cloud security company worldwide. The company offers cyberthreat protection products, including Zscaler Internet Access, which provides threat protection, cloud sandbox, and cloud browser isolation; Zscaler Private Access solution that includes cyberthreat and data protection, application discovery, secure application access, application segmentation, application protection, reduced attack surface, and browser isolation; Zero Trust Firewall; Cloud Sandbox; and Zero Trust Browser.

Market Cap

$20.4B

Pitch Price

$126.55

Price Target

N/A

Dividend

N/A

EV/EBITDA

348.54

P/E

-259.52

EV/Sales

5.91

Sector

Software

Category

growth

Show full summary:
Zscaler Q1 2026 Earnings Analysis

ZS (earnings): Q1 rev $850.5M (+25.4% YoY) beat est; ARR $3.53B (+25% YoY, +21% organic ex-Red Canary); AI Protect bookings >$100M past 12mo; Zero Trust Branch ARR ~tripled YoY; data security ARR >$500M (+30% YoY); Z-Flex $1B+ TCV past 12mo; non-seat rev 30% new ACV, ARR +100% YoY. BUT FY27 ARR/rev guide only 16-17% growth vs 25% now; FCF margin cut to 22.8-23.3% from 26.5-27% on high CapEx; 2 sales leaders left; new logo adds weakest in 5yrs; Red Canary integration slower than expected; stock -20.8% post-ER on growth deceleration concerns

Read full article (13 min)