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ZSZS

Zscaler, Inc.

$ZS·$23B·Software - Infrastructure·Technology
$149.94+2.4%YTD-33.9%1Y-47.6%
Mentions · last 7 days
2026-07-10: 244 posts2026-07-11: 74 posts2026-07-12: 186 posts2026-07-13: 235 posts2026-07-14: 177 posts2026-07-15: 149 posts2026-07-16: 134 posts1,223-2%
Price updated 3h ago·X counts updated 1d ago
ZSZS
$ZSZscaler, Inc.
$149.94+2.40%1.2k posts-2%
AI analysisFundamentalsVoices on X
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AI verdict & sentimentAI analysisGenerated by AI from underlying data

Top X posts

Today's AI verdict on what's driving $ZS, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Proven numbersWinding up for a moveAI verdict · as of 2026-07-17

Trading in a tight range and building pressure — a move looks likely soon, but the direction isn't clear yet.

Zero-trust leader down 49% over a year, still growing 25%, and picking up DoD contracts.

Zscaler is the pure-play zero-trust cloud-security vendor — Zscaler Internet Access (ZIA), Zscaler Private Access (ZPA), and increasingly a broader Zero Trust Exchange that competes with Palo Alto Prisma and Cisco Umbrella. It had a rough 2025-26 as the multiple compressed even while growth held up.

Why the setup is starting to look interesting:

  • Growth is durable, not shrinking: Q3 revenue up 25.4% YoY to $850M, and the four-quarter growth stack is 21-26% — this is a business still compounding in the mid-twenties despite the tape's punishment.
  • Profitability is inflecting: operating margin negative 3% in Q3 (still not GAAP-profitable) but FCF yield is +4.8% and consensus FY27 EPS is $4.12 — the earnings inflection is priced but has to actually land.
  • The multiple has fully compressed: 36x forward P/E is roughly a decade-low for a Zscaler-quality growth story, and shares at 14% of the 52-week range with -49% one-year action mean positioning is defensive.
  • Insider signal is small but directional: three modest officer sales in the last month (Rubin $373K, Geller $345K, Schlossman $18K) — no cluster but also no confidence-buying at these levels.
  • Real customer wins in the story: recent DoD zero-trust renewal and expansion contracts drove a six-day win streak — this is the type of validation the market has been asking for.

The forward view: the September 1 fiscal Q1 print is the referee. A revenue beat with continued mid-twenties growth, GAAP-margin improvement, and a raised full-year guide restarts the compounder narrative and clears the multiple compression. What keeps it coiled: another quarter of growth stability with no visible operating-margin improvement — that's the case where the multiple stays stuck. What breaks it lower: a competitive-win headline for Palo Alto or Microsoft that shows real deal loss.

Agrees with X sentimentThe bullish X read on the 5-wave impulse setup, DoD contract catalysts, and cybersecurity re-rating matches the mechanics. Our take agrees the entry setup is compelling, and adds that the operating-margin inflection is what actually decides whether this is a bottom or a base.

What to watch: September 1 fiscal Q1 earnings, especially operating-margin improvement and any Federal-vertical order commentary; a Palo Alto or Microsoft competitive-win headline would break the coil the wrong way.

On the calendar: 2026-09-01 — Q1 FY2027 earnings

X sentiment

What the X crowd is saying right now — descriptive, summarised from the day’s posts.

Bullish sentiment8 posts analyzed · as of 2026-07-13

After a 40% year-to-date pullback Zscaler trades at roughly 35.6x forward P/E while delivering 20-25% annual growth, and traders describe a picture-perfect 5-wave impulse followed by an ABC correction near a potential bottom. Early July procurement updates locked in zero-trust renewal and expansion contracts with the US Department of Defense, driving a 6-day win streak on the AI security tape.

Read the AI verdict + X sentiment for $ZS

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • X crowd read with bullish/bearish call + post volume
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What it does

Plain-English summary of the business — what they sell and how they make money.

Provides cloud-native Zero Trust network security replacing traditional VPNs and firewalls for enterprise remote access.

Industry overviewAI analysisGenerated by AI from underlying data

Where Software - Infrastructure sits in its cycle right now — and what that implies for $ZS.

Software - Infrastructure · Technology

No material change from last week — Enterprise software infrastructure is in a multiple compression phase (-16.

What this means for $ZS

Direct beneficiary — Provides cloud-native Zero Trust network security replacing traditional VPNs and firewalls for enterprise remote access; the business model is a direct conduit for the cloud-native adoption and AI security spend despite multiple compression.

Top industry ETF

$IGViShares Expanded Tech-Software Sector ETF
-12.9%YTD
-16.6%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
-271.6How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
-3.2%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
-4.7%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
4.8%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
6.7Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
-3.7%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
76.7%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.8Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q1 2026May 26, 2026$1.08$1.01+6.9%
Q4 2025Feb 26, 2026$1.01$0.89+13.0%
Q3 2025Nov 25, 2025$0.96$0.86+12.1%
Q2 2025Sep 2, 2025$0.89$0.80+11.2%
Next earningsTue, Sep 1·consensus EPS $1.09

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q3 FY26$850.5M+25.4%77.3%-3.5%$-0.09$198.0M
Q2 FY26$815.8M+25.9%76.6%-6.3%$-0.21$239.1M
Q1 FY26$788.1M+25.5%76.6%-4.6%$-0.07$413.3M
Q4 FY25$719.2M+21.3%76.1%-4.5%$-0.11$171.9M

Forward consensus

5-year forecast · up to 35 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$3.3B$3.3B – $3.4B$4.12$3.98 – $4.4434
FY27$3.9B$3.9B – $4.1B$4.58$3.97 – $5.2335
FY28$4.5B$4.5B – $4.5B$5.38-$21.01 – $31.2032
FY29$5.3B$5.2B – $5.4B$5.91$5.87 – $6.1216
FY30$6.2B$6.2B – $6.4B$6.84$6.79 – $7.0927

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.0.5×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.14%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.+2.1%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.-26.3%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatMid float · 104.8M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today1.9% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

SellJul 6Robert SchlossmanChief Legal Officer122 sh$18KSellJun 25Kevin RubinCFO3.0K sh$373KSellJun 22Adam GellerChief Product Officer2.8K sh$345KSellJun 17James A BeerDirector177 sh$22KSellJun 16Michael J. RichPresident4.2K sh$529KSellJun 16Chaudhry Jagtar SinghCEO2.9K sh$364KSellJun 16Kevin RubinCFO1.7K sh$213KSellJun 16Adam GellerChief Product Officer1.9K sh$245KSellJun 16Robert SchlossmanChief Legal Officer3.1K sh$398KSellMar 18Adam GellerChief Product Officer2.1K sh$321K
1–10 of 17

See when $ZS insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
Free, forever. No credit card.

SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

8-KOfficer or director changeApr 168-K — Item 5.02: Officer or director change
AI summary

ZS disclosed a personnel change (8-K Item 5.02, dated 2026-04-16). An executive departure and a new appointment are both reported. Raj Judge, the EVP. Personnel changes are generally administrative; materiality depends on seniority and circumstances.

+ 5 other (2 10-Qs · 2 earnings 8-Ks · 1 13G) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

Zscaler (ZS) Stock Slides as Market Rises: Facts to Know Before You Tradezacks.com·2d agoTop Cybersecurity Stocks to Buy Now as AI Changes Tech Defensezacks.com·3d agoZSCALER STOCKHOLDER ALERT: Bragar Eagel & Squire, P.C. is Investigating Zscaler, Inc. on Behalf of Zscaler Stockholders and Encourages Investors to Contact the Firmglobenewswire.com·3d agoIBM Heads for Worst Day Ever — But Why Are Cybersecurity Stocks Up?benzinga.com·3d agoPANW vs. ZS: Which Cybersecurity Stock Has an Edge Right Now?zacks.com·4d ago

In themes

Explore the broader themes this ticker is being talked about under.

AI InfrastructureCybersecurity

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TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

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