Insider buying last 90 days
No open-market insider purchases were filed for ZS in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every ZS insider filing, plotted on the chart in Gekko.Open ZS in Gekko
NASDAQ: ZS
Zscaler (ZS) Stock Analysis & Forecast
$197.31−0.16 (−0.1%)
Close on Sep 18, 2026. Page updated Sep 19, 9:19 pm ET.
Gekko Brief
AI summaryZscaler closes at $197.31, little changed on the day and above both its 50-day ($167.61) and 200-day ($168.31) moving averages, consistent with a stock in an extended uptrend, up 6.9% over one month and 58% over three months. The GekkoIndex reads 49, placing the stock in the Neutral zone after slipping 12.6 points over the last five readings. Price sits 26.8% above Gekko Fair Value of $155.59, a gap that keeps widening even as momentum holds firm.
This week's activity centers on cybersecurity demand tied to AI. Zscaler shares jumped 12% amid a broader sector surge as AI safety warnings drove security-related buying, with peers CrowdStrike and Palo Alto Networks also rallying. At its own conference and at the Citi TMT Conference, CEO Jay Chaudhry pointed to expanding AI security offerings, an Agentic SOC launch, and rising zero-trust demand, alongside record million-dollar deals. Bernstein raised its price target on the stock, and Concurrent Investment Advisors LLC increased its stake by 292.3% in its latest 13F filing. Separately, Chaudhry sold 2,852 shares for about $550,000, representing 0.01% of his prior stake.
Zscaler's next earnings report is scheduled for 24 November 2026, 65 days out and beyond a typical 20-trading-day holding window; the last report on 3 September beat estimates ($1.19 versus $1.09) with an 8th straight quarterly beat, though shares reacted -1.7%. Over the last 30 days, 4 unusual options signals appeared, with call premium of $6.4 million against put premium of $4.1 million. Seasonality over the next 20 trading days has averaged +4.3% across 5 years, rising in 4 of them. Analyst consensus stands at 26 buy, 5 hold, 0 sell ratings, with a target of $208.86.
Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.
Price vs fair value
Close $197.31200-day averageGekko Fair Value $155.59
Key stats
- Market cap
- $31.91B
- P/E ratio
- —
- Forward P/E
- 39.2
- EPS, TTM
- −$0.39
- Revenue, TTM
- $3.35B
- Profit margin
- -1.9%
- Dividend yield
- —
- Beta
- 0.95
- Volume
- 4.86M avg 3.55M
- 1-year return
- −29.4%
- Typical daily move
- ±5.1%
- Typical 20-day move
- ±9.7%
- 50-day average
- $167.61
- 200-day average
- $168.31
- Next earnings
- Nov 24 after close
- Shares outstanding
- 163.1M
Zscaler swing-trade checklist
Zscaler scores 3 supportive, 2 mixed and 1 headwind across the 6 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
3 supportive2 mixed1 headwind
- Trendmixed
Averages disagree
Close $197.31 sits between the 50-day ($167.61) and 200-day ($168.31) averages, or the averages disagree.
See the chart - GekkoIndexmixed
49, Neutral
Reading 49 is in the Neutral zone.
See the GekkoIndex - Fair valueheadwind
26.8% above
Price is 26.8% above Gekko Fair Value (more than 5% above).
See fair value - Smart moneysupportive
Leans bullish
Last 30 days: 4 unusual options signals.
See smart money - Earnings risksupportive
Reports in 65 days
Next report Nov 24, 2026, 65 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+4.3% on average
From this point in the calendar, the next 20 trading days averaged +4.3% over 5 years, rising in 4 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Zscaler stock chart and price history
Zscaler closed at $197.31 on Sep 18, 2026, −29.4% over the past year, inside a 52-week range of $114.63 to $336.99.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- +6.9%
- 3 months
- +58.0%
- 6 months
- +27.0%
- 1 year
- −29.4%
The full ZS chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open ZS in Gekko
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About Zscaler
Zscaler builds cloud-based security tools that let people, devices, and machines connect safely to the internet and to internal business systems. Its main products include Internet Access, which protects connections to outside destinations such as web applications, and Private Access, which secures entry into internal applications hosted in data centers or private and public clouds. It also offers Digital Experience, a service that tracks how users interact with business applications and scores that experience by person, application, and location.
Beyond these, the company provides tools aimed at protecting cloud workloads, including a posture management product that flags misconfigured settings across cloud application environments, and a segmentation tool that limits how applications communicate with each other to reduce the spread of threats. These offerings run on a shared platform made up of central authority systems, enforcement nodes, and log servers. Customers span a range of fields, among them aviation and transportation, retail, financial services, healthcare, manufacturing, media, government, education, and technology.
Zscaler traces back to 2007, originally launched under the name SafeChannel before adopting its current name in 2008. The company is headquartered in San Jose, California, and its shares are listed on the NASDAQ under the ticker ZS.
- Listed
- NASDAQ
- Sector
- Technology services
- Industry
- Packaged software
- Website
- zscaler.com
Zscaler GekkoIndex: the smart money zone
Zscaler’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 49, in the Neutral zone, down 12.6 points over five sessions.
49Neutral
Down 12.6 points over five sessions, from the Accumulation zone.
Reading for Sep 18, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 67 | +1.6% | −0.2% | ||
| Accumulation | 239 | −1.2% | −1.3% | ||
| Neutral (current zone) | 304 | +0.6% | +0.3% | ||
| Distribution | 49 | −0.9% | +4.2% | ||
| Selling | 3 | Too few readings yet | |||
Average ZS share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.2% over 20 days. Past behaviour doesn’t guarantee future results.
Neutral zone: No clear directional signal. About the five zones →
See every daily GekkoIndex reading plotted over the ZS price, zone by zone.Track ZS in Gekko
Is Zscaler stock overvalued? Gekko Fair Value
Zscaler trades 26.8% above Gekko Fair Value of $155.59, so the shares are overvalued on Gekko’s estimate.
Gekko’s own estimate of what Zscaler shares are worth, recalculated every trading day.
$155.59
Gekko Fair Value, Sep 19, 2026
26.8% Overvalued
Gekko Fair Value on every chart, with the gap to price updating daily.Open ZS in Gekko
Zscaler insider and Congress trading
No open-market insider purchases were filed for Zscaler, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in ZS were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for ZS, plotted on the chart in Gekko.Open ZS in Gekko
Buybacks
Zscaler has been buying back its own shares.
- Bought back, quarter ended Jul 31, 2026
- $21.51M
- As a share of market cap
- 0.07%
From company filings.
Unusual options activity last 30 days
4signals, 61% of the flagged premium in calls.
Latest: Bearish flow on Sep 18, $1.51M in unusual premium.
Hedge funds and billionaires quarter ended Jun 30
3of the funds Gekko tracks hold ZS.
0added3opened0trimmed1sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko
Zscaler earnings: next date and track record
Zscaler reports on Nov 24, 2026, after the close (65 days away), and beat the EPS estimate in 8 of its last 8 reports.
Next earnings report
Nov 24, 2026
Expected after the close, 65 days away
- EPS estimate
- $1.15
- Revenue estimate
- $937.7M
8 of 8reports beat the EPS estimate
±8.4%average move across the report
2 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Sep 3, 2026 AI summary
- What they said
- Zscaler delivered Q4 fiscal 2026 with 25% ARR growth and 24% non-GAAP operating margin. Net new ARR growth (excluding Red Canary) accelerated to 17% in Q4. The company is seeing strong demand driven by AI security concerns, with 90%+ of assessed enterprises having AI applications exposed to the internet. Zscaler processes 750 billion daily transactions, positioning its Zero Trust platform as a key solution for AI-era cybersecurity threats.
- Guidance
- No explicit forward-looking revenue or earnings guidance was provided in this excerpt. Management indicated AI represents the largest demand tailwind ever seen, suggesting continued ARR growth momentum heading into fiscal 2027.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Sep 3, 2026 | $1.19 est $1.09 | $898.2M est $877.0M | −1.7% |
| May 26, 2026 | $1.08 est $1.01 | $850.5M est $835.1M | −30.7% |
| Feb 26, 2026 | $1.01 est $0.89 | $815.8M est $798.3M | −5.6% |
| Nov 25, 2025 | $0.96 est $0.86 | $788.1M est $773.3M | −10.1% |
| Sep 2, 2025 | $0.89 est $0.80 | $719.2M est $706.9M | −2.3% |
| May 29, 2025 | $0.84 est $0.75 | $678.0M est $666.5M | +8.7% |
| Mar 5, 2025 | $0.78 est $0.69 | $647.9M est $634.4M | +4.3% |
| Dec 2, 2024 | $0.77 est $0.63 | $628.0M est $605.5M | −3.8% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Zscaler stock forecast and analyst price targets
Analysts’ average 12-month price target for Zscaler is $208.86, +5.9% from the last close, from 31 firms rating the stock in the last 90 days.
$208.86consensus 12-month target, +5.9% from the last close
Now $197.31Avg $208.86
Low $155High $298
Each firm’s latest rating in the last 90 days: 31 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 17 | Bernstein | $298 | +51.0% |
| Sep 11 | Wedbush | $215 | +9.0% |
| Sep 10 | Robert W. Baird | $230 | +16.6% |
| Sep 9 | Mizuho Securities | $210 | +6.4% |
| Sep 8 | Citi | $205 | +3.9% |
+0.3%average 20-day move after past Neutral readings
+4.3%average move over the next 20 trading days in the last 5 years
±5.1%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Zscaler seasonality: the next 20 trading days
Over the next 20 trading days from Sep 19, Zscaler averaged +4.3% across the last 5 years, rising in 4 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | −2.0% | 3 of 5 |
| Next 10 trading days | −1.4% | 2 of 5 |
| Next 15 trading days | +3.1% | 3 of 5 |
| Next 20 trading days | +4.3% | 4 of 5 |
| Next 30 trading days | +6.4% | 4 of 5 |
For scale, ZS’s typical 20-trading-day move in either direction is about 9.7%.
Zscaler market cap and key statistics
Zscaler’s market cap is $31.91B and revenue of $3.35B over the last twelve months.
Valuation
- Market cap
- $31.91B
- Forward P/E
- 39.2
- EPS, TTM
- −$0.39
- Gekko Fair Value
- $155.59
Trading
- Volume
- 4.86M
- Avg volume, 20 days
- 3.55M
- 52-week high
- $336.99
- 52-week low
- $114.63
- Shares outstanding
- 163.1M
Financials
- Revenue, TTM
- $3.35B
- Profit margin
- -1.9%
- Return on equity
- -2.9%
- Quarterly earnings growth, YoY
- 0.0%
Risk and income
- Beta
- 0.95
- Typical daily move
- ±5.1%
- Typical 20-day move
- ±9.7%
Zscaler stock news this week
Coverage of Zscaler this week reads positive: 2 positive, 0 neutral and 1 negative headlines.
- Zscaler CEO Jay Chaudhry Sells 2,852 Shares for $550,000The Motley Fool, Sep 19
- Why Zscaler Stock Rocketed Higher This WeekThe Motley Fool, Sep 18
- Here's Why Zscaler (ZS) is a Strong Momentum StockZacks Investment Research, Sep 16
- Cybersecurity Stocks Surge as AI Safety Warnings Spark Security Bid: CrowdStrike and Zscaler Jump 12%, Palo Alto Rallies 11%24/7 Wall Street, Sep 14
- How Zscaler Inc. (ZS) Affects Rotational Strategy TimingStock Traders Daily, Sep 14
- Zscaler Conference: AI Agents, Agentic SOC Fuel Zero-Trust Growth AmbitionsYahoo Finance, Sep 12
Zscaler peers
Zscaler’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| MSFTMicrosoft | Neutral | 13.4% above |
| ORCLOracle | Neutral | 17.7% below |
| PLTRPalantir Technologies | Neutral | 11.3% above |
| PANWPalo Alto Networks | Neutral | 8.9% above |
| CRWDCrowdStrike | Neutral | 19.0% above |
| CRMSalesforce | Neutral | 1.3% below |
A peer links to its own page where one exists.
Zscaler stock FAQ
What is Zscaler’s market cap?
Zscaler’s market cap is $31.91B at the Sep 18, 2026 close of $197.31, with 163.1M shares outstanding.
What is the Zscaler stock forecast?
The consensus analyst 12-month price target for Zscaler is $208.86, +5.9% from the last close. Of the 31 firms that rated the stock in the last 90 days, 26 rate it a buy, 5 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is Zscaler stock overvalued or undervalued?
On Gekko’s estimate Zscaler is overvalued: the Sep 18, 2026 close of $197.31 is 26.8% above Gekko Fair Value of $155.59. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Zscaler report earnings next?
Zscaler is expected to report on Nov 24, 2026, after the market closes (65 days away). Analysts expect earnings of $1.15 per share on revenue of $937.7M. Zscaler beat the earnings estimate in 8 of its last 8 reports, moving 8.4% on average across the report.
What is Zscaler’s 52-week high and low?
Zscaler’s 52-week high is $336.99 and its 52-week low is $114.63; it closed at $197.31 on Sep 18, 2026, −29.4% over the past year.
Is Zscaler stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 6 items with data read as supportive (smart money, earnings risk and seasonality), 2 as mixed (trend and gekkoindex) and 1 as a headwind (fair value). The checklist is a description of current data, not a recommendation.
Is there unusual options activity in Zscaler?
Gekko flagged 4 unusual options signals in Zscaler over the last 30 days, with $6.40M of flagged premium in calls and $4.12M in puts. The latest, bearish flow, was on Sep 18, 2026 with $1.51M in unusual premium. The signal-by-signal table is in Gekko.
How this page works
Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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