Zscaler (ZS) Expected to Announce Quarterly Earnings on Thursday

Zscaler (NASDAQ:ZS) is projected to announce its Q4 2026 results after the market closes on Thursday, September 3rd. Analysts expect Zscaler to announce earnings of $1.09 per share and revenue of $876.9580 million for the quarter. Investors can check the company’s upcoming Q4 2026 earning report for the latest details on the call scheduled for Thursday, September 3, 2026 at 4:30 PM ET.

Zscaler Trading Down 5.3%

Shares of ZS stock opened at $178.37 on Wednesday. The stock has a market cap of $28.84 billion, a P/E ratio of -371.60, a price-to-earnings-growth ratio of 110.88 and a beta of 0.94. Zscaler has a 1 year low of $114.63 and a 1 year high of $336.99. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.72. The stock has a 50 day simple moving average of $158.52 and a 200 day simple moving average of $150.38.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Royal Bank Of Canada reiterated an “outperform” rating and set a $200.00 target price on shares of Zscaler in a research report on Wednesday, June 10th. Guggenheim reaffirmed a “buy” rating and issued a $214.00 price target on shares of Zscaler in a research note on Monday, August 24th. Rosenblatt Securities reaffirmed a “buy” rating and set a $200.00 price objective on shares of Zscaler in a research report on Wednesday, June 10th. BMO Capital Markets reduced their price objective on shares of Zscaler from $210.00 to $178.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 27th. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a $210.00 target price on shares of Zscaler in a report on Thursday, June 11th. Thirty-four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Zscaler currently has a consensus rating of “Moderate Buy” and an average target price of $216.18.

Insiders Place Their Bets

In other Zscaler news, insider Robert Schlossman sold 3,146 shares of the business’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $126.43, for a total transaction of $397,748.78. Following the completion of the transaction, the insider owned 69,366 shares of the company’s stock, valued at approximately $8,769,943.38. The trade was a 4.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Adam Geller sold 2,817 shares of the stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $122.60, for a total transaction of $345,364.20. Following the completion of the transaction, the insider directly owned 42,314 shares of the company’s stock, valued at $5,187,696.40. This trade represents a 6.24% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 16,772 shares of company stock worth $2,139,799. Insiders own 17.20% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in ZS. Price T Rowe Associates Inc. MD grew its stake in Zscaler by 43.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,572,358 shares of the company’s stock valued at $578,576,000 after acquiring an additional 777,414 shares during the period. AQR Capital Management LLC boosted its stake in Zscaler by 61.8% during the 3rd quarter. AQR Capital Management LLC now owns 1,941,571 shares of the company’s stock valued at $576,083,000 after purchasing an additional 741,756 shares during the last quarter. Alyeska Investment Group L.P. bought a new stake in Zscaler during the 3rd quarter worth approximately $109,440,000. First Trust Advisors LP raised its stake in shares of Zscaler by 15.9% in the fourth quarter. First Trust Advisors LP now owns 2,582,897 shares of the company’s stock worth $580,945,000 after purchasing an additional 354,763 shares during the last quarter. Finally, Morgan Stanley raised its stake in shares of Zscaler by 25.4% in the fourth quarter. Morgan Stanley now owns 1,557,640 shares of the company’s stock worth $350,345,000 after purchasing an additional 315,498 shares during the last quarter. Institutional investors and hedge funds own 46.45% of the company’s stock.

About Zscaler

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.