Zscaler stock
ZSNASDAQZscaler, Inc., TechnologyISIN US98980G1022
44Score 44 out of 100, Weak
Price and trend
61 / 100
Price history
−39% in one yearThe chart shows daily closes over 9 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 16% above it.
Since September 2026 the 50-day line has been above the 200-day line; the trend has turned up.
Sharply down: the price has fallen very quickly lately (RSI 10).
The price is 39% below its 52-week high. Largest decline in 9 years: 76% (November 2021 to May 2023).
Chart figures for advanced users
- SMA 50$209.16
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$166.62
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)10
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDbelow the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$118.05
- The lowest closing price of the last twelve months.
- Resistance$317.08
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Zscaler, Inc. belongs to the Software (Infrastructure) industry (United States) and, with a market value of $31.51B, is number 12 of 97 companies in its industry on MEQIRI.
- In fiscal 2026 it reported revenue of $3.35B (up 25.4% year on year) and a loss of $63.18M.
- For fiscal 2027, analysts expect on average revenue of $3.93B (up 17.1%) and adjusted earnings per share of $4.88 (up 15.1%).
Show more
- MEQIRI Score 44 out of 100 (Weak): rank 714 of 857 in Technology, median 61.
- Our model puts fair value at $195.72, with the price 1% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Growing faster than its industryRevenue up 37.9% a year since 2021, Software (Infrastructure) median 18%.Growth 83
- More cash than debtCash $3.47B, financial debt $1.86B.
Weaknesses
- Loss-makingLoss of $63.18M over the last 12 months.Fundamentals 34
- DilutionShare count up 18% since 2021.Capital allocation 18
- Volatile share priceVolatility 68% a year over the last 12 months.Stability 46
Its standout strength is growth, while profitability and capital allocation hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 45 to 44.
Fundamental quality fluctuates.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk high
How well MEQIRI warnsOne of the 30% with the highest crash risk among stocks ranked 101 to 1,000.
From 2016 to 2025, 23 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.
What drives the risk
- weak fundamentals
- high price swings
- high growth grade (crashed more often in the backtest)
Valuation
Valuation signal
Fairly valuedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $130.48 and expensive above $391.45 (uncertainty very high, based on the price swings of the past year).
Calculated with a cost of equity of 9.4%. At 10.4% the fair value would be $163.95, at 8.4% it would be $241.58.
Valuation metrics
From the cash-flow model alone; without earnings there is no industry value.
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In fiscal 2026, revenue rose 25.4% on the prior year. Revenue has grown strongly since 2015, at around 46% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2026: gross 77%, operating −4%, net −2%.
Debt & balance sheet
latest quarterDebt is moderate, but interest coverage is weak. Keep an eye on the interest burden and refinancing.
Earnings
- Next earnings
- 2 Dec 2026in 20 days
- Last reported
- 3 Sep 2026EPS reported $1.19 (expected $1.09)above expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $4.880.0%
- Revenue
- $3.93B0.0%
- Earnings per share
- $5.600.0%
- Revenue
- $4.57B0.0%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases in the last 6 months. 6 insiders sold, $14.94M in total.
Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.
- Geller AdamSale
2 Nov 2026, Chief Product Officer
- Shares
- 1,041
- Price
- $238.00
- Value
- $247,758
- Rubin KevinSale
26 Oct 2026, Chief Financial Officer
- Shares
- 514
- Price
- $259.15
- Value
- $133,201
- Geller AdamSale
12 Oct 2026, Chief Product Officer
- Shares
- 1,042
- Price
- $235.95
- Value
- $245,860
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- Geller AdamSale
9 Oct 2026, Chief Product Officer
- Shares
- 23,958
- Price
- $225.43
- Value
- $5.4M
- Rubin KevinSale
25 Sept 2026, Chief Financial Officer
- Shares
- 519
- Price
- $197.28
- Value
- $102,390
- Geller AdamSale
21 Sept 2026, Chief Product Officer
- Shares
- 661
- Price
- $200.00
- Value
- $132,200
- Schlossman RobertSale
21 Sept 2026, Chief Legal Officer
- Shares
- 5,394
- Price
- $200.00
- Value
- $1.08M
- Geller AdamSale
17 Sept 2026, Chief Product Officer
- Shares
- 4,584
- Price
- $192.01
- Value
- $880,174
- Beer James ASale
17 Sept 2026, Board
- Shares
- 177
- Price
- $192.01
- Value
- $33,986
- Chaudhry Jagtar SinghSale
16 Sept 2026, 10 percent owner, officer: CEO & Chairman
- Shares
- 2,852
- Price
- $192.76
- Value
- $549,760
- Rubin KevinSale
16 Sept 2026, Chief Financial Officer
- Shares
- 5,957
- Price
- $192.76
- Value
- $1.15M
- Geller AdamSale
16 Sept 2026, Chief Product Officer
- Shares
- 5,578
- Price
- $192.76
- Value
- $1.08M
- Rich Michael J.Sale
16 Sept 2026, CRO and President of WW Sales
- Shares
- 4,108
- Price
- $192.76
- Value
- $791,870
- Schlossman RobertSale
16 Sept 2026, Chief Legal Officer
- Shares
- 2,325
- Price
- $192.76
- Value
- $448,174
- Rubin KevinSale
25 Aug 2026, Chief Financial Officer
- Shares
- 503
- Price
- $173.38
- Value
- $87,210
- Rubin KevinSale
27 Jul 2026, Chief Financial Officer
- Shares
- 503
- Price
- $147.12
- Value
- $74,002
- Schlossman RobertSale
6 Jul 2026, Chief Legal Officer
- Shares
- 122
- Price
- $150.00
- Value
- $18,300
- Rubin KevinSale
25 Jun 2026, Chief Financial Officer
- Shares
- 3,000
- Price
- $124.22
- Value
- $372,669
- Geller AdamSale
22 Jun 2026, Chief Product Officer
- Shares
- 2,817
- Price
- $122.60
- Value
- $345,364
- Beer James ASale
17 Jun 2026, Board
- Shares
- 177
- Price
- $125.50
- Value
- $22,214
- Chaudhry Jagtar SinghSale
16 Jun 2026, 10 percent owner, officer: CEO & Chairman
- Shares
- 2,878
- Price
- $126.43
- Value
- $363,864
- Geller AdamSale
16 Jun 2026, Chief Product Officer
- Shares
- 1,940
- Price
- $126.43
- Value
- $245,273
- Schlossman RobertSale
16 Jun 2026, Chief Legal Officer
- Shares
- 3,146
- Price
- $126.43
- Value
- $397,748
- Rich Michael J.Sale
16 Jun 2026, CRO and President of WW Sales
- Shares
- 4,184
- Price
- $126.43
- Value
- $528,981
- Rubin KevinSale
16 Jun 2026, Chief Financial Officer
- Shares
- 1,686
- Price
- $126.43
- Value
- $213,160
Partial trades from one filing are shown in one row, with the average price.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Zscaler
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
857 rated companies in Technology
- This company
- 44
- Sector median
- 61
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Software (Infrastructure)
The next larger and next smaller companies by market value
- SynopsysSNPS $88.56B59
- BlockXYZ $51.65B63
- TwilioTWLO $33.96B57
- CoreWeaveCRWV $33.52B33
- AdyenADYEN.AS $30.72B65
- OktaOKTA $30.46B57
- CorpayCPAY $29.55B79
- VeriSignVRSN $28.17B75
ETFs that hold Zscaler
Held by 107 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Rize Cybersecurity and Data Privacy UCITS ETF Accum USDRCRS | 5.51% | 0.45% | €124.78M |
| iShares Digital Security UCITS ETFIS4S | 3.75% | 0.40% | €1.9B |
| Invesco Cybersecurity UCITS ETF AccumUSDIVCS | 3.57% | 0.35% | €14M |
Show 5 more
| WisdomTree Cloud Computing UCITS ETF USD AccWTEJ | 1.91% | 0.40% | €300.71M |
| iShares Digitalisation UCITS ETF2B79 | 0.85% | 0.40% | €726.22M |
| HAN-GINS Tech Megatrend Equal Weight UCITS ETF AccT3KE | 0.81% | 0.59% | €96.5M |
| L&G Cyber Security UCITS ETFUSPY | 0.54% | 0.69% | €3.76B |
| Amundi MSCI Robotics & AI UCITS ETF AccGOAI | 0.50% | 0.40% | €1.14B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Jul 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 7 Nov 2025)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.