Zscaler, Inc. operates as a cloud security company worldwide. The company provides Zscaler Internet Access solution that provides users, servers, operational technology, Internet of Things device secure access to externally managed applications, including software-as-a-service (SaaS) applications and Internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds. It also offers Zscaler Digital Experience that measures end-to-end user experience across business applications, as well as provides an easy to understand digital experience score for each user, application, and location within an enterprise. In addition, the company provides workload segmentation solutions comprising Zscaler Cloud Security Posture Management that identifies and remediates application misconfigurations in SaaS, infrastructure as a service, and platform as a service to reduce risk and ensure compliance with industry and organizational benchmarks; and Zscaler Cloud Workload Segmentation, which is designed to secure application-to-application communications inside public clouds and data centers to stop lateral threat movement, as well as prevents application compromise and reduces the risk of data breaches. Its platform modules include Zscaler Central Authority, Zscaler Enforcement Node, and Zscaler Log Servers. It serves customers in airlines and transportation, conglomerates, consumer goods and retail, financial services, healthcare, manufacturing, media and communications, public sector and education, technology, and telecommunications services industries. The company was formerly known as SafeChannel, Inc., and changed its name to Zscaler, Inc. in August 2008. Zscaler, Inc. was incorporated in 2007 and is headquartered in San Jose, California.
IPO Year: 2018
Exchange: NASDAQ
Website: zscaler.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/28/2025 | $260.00 | Neutral → Outperform | Exane BNP Paribas |
| 4/23/2025 | $215.00 | Neutral | Roth Capital |
| 4/3/2025 | $250.00 | Neutral → Overweight | Cantor Fitzgerald |
| 4/1/2025 | $255.00 | Overweight | Stephens |
| 3/18/2025 | Equal-Weight | Morgan Stanley | |
| 3/7/2025 | $215.00 → $240.00 | Neutral → Buy | BofA Securities |
| 3/6/2025 | $222.00 → $233.00 | Outperform | BMO Capital Markets |
| 3/6/2025 | $235.00 | Neutral → Buy | Rosenblatt |
| 12/3/2024 | $197.00 → $222.00 | Outperform | BMO Capital Markets |
| 10/8/2024 | $180.00 | Neutral | Exane BNP Paribas |
Exane BNP Paribas upgraded Zscaler from Neutral to Outperform and set a new price target of $260.00
Roth Capital initiated coverage of Zscaler with a rating of Neutral and set a new price target of $215.00
Cantor Fitzgerald upgraded Zscaler from Neutral to Overweight and set a new price target of $250.00
Stephens initiated coverage of Zscaler with a rating of Overweight and set a new price target of $255.00
Morgan Stanley resumed coverage of Zscaler with a rating of Equal-Weight
BofA Securities upgraded Zscaler from Neutral to Buy and set a new price target of $240.00 from $215.00 previously
BMO Capital Markets reiterated coverage of Zscaler with a rating of Outperform and set a new price target of $233.00 from $222.00 previously
Rosenblatt upgraded Zscaler from Neutral to Buy and set a new price target of $235.00
BMO Capital Markets reiterated coverage of Zscaler with a rating of Outperform and set a new price target of $222.00 from $197.00 previously
Exane BNP Paribas initiated coverage of Zscaler with a rating of Neutral and set a new price target of $180.00
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SAN JOSE, Calif., May 29, 2025 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today announced the appointment of Kevin Rubin as Chief Financial Officer. In his role, Rubin will oversee Zscaler's global finance organization and play a critical role in scaling the company's operations to support its next phase of growth and innovation. Rubin brings a wealth of financial expertise and strategic leadership experience in the technology industry, with a strong track record of driving operational excellence, managing business transformations, and delivering shareholder value. He will succeed Remo Canessa, who announced his intention to retire last year. Canessa will
Third Quarter Highlights Revenue grows 23% year-over-year to $678.0 millionCalculated billings grows 25% year-over-year to $784.5 millionDeferred revenue grows 26% year-over-year to $1,985.0 millionGAAP net loss of $4.1 million compared to GAAP net income of $19.1 million on a year-over-year basis Non-GAAP net income of $136.8 million compared to non-GAAP net income of $113.0 million on a year-over-year basis SAN JOSE, Calif., May 29, 2025 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today announced financial results for its third quarter of fiscal year 2025, ended April 30, 2025. "We delivered outstanding Q3 results as an increasing number of customers a
SAN JOSE, Calif., May 27, 2025 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today announced that the company will host an innovations briefing for investors on June 3, 2025. The briefing will take place in Las Vegas, Nevada, during the company's Zenith Live 2025 event. Zscaler Investor Innovations Briefing - Zenith Live 2025Tuesday, June 3, 202511:30 a.m. PT (2:30 p.m. ET) The briefing is scheduled to conclude before 2:00 p.m. PT (5:00 p.m. ET). A live webcast and replay will be available on the Investor Relations section of the Zscaler website at https://ir.zscaler.com. About Zscaler Zscaler (NASDAQ:ZS) accelerates digital transformation so c
SAN JOSE, Calif., May 23, 2025 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today announced it has been positioned by Gartner, Inc. in the Leaders quadrant of the "2025 Security Service Edge Magic Quadrant." This year, Zscaler set the bar by excelling beyond all other vendors, placed highest on the ‘Ability to Execute' axis. SSE enables secure, identity- and policy-driven access for the right users to the appropriate internet resources, SaaS platforms, and private applications. The report calls out key SSE market drivers such as VPN replacement, Zero Trust networking, and SaaS adoption and GenAI security, stating: "Gartner estimates that SaaS is the largest
SAN JOSE, Calif., May 22, 2025 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today announced that management is scheduled to present at upcoming investor conferences. Details for each event are as follows: Bank of America 2025 Global Technology Conference in San FranciscoThursday, June 5, 2025 7:50 a.m. PT (10:50 a.m. ET) FBN 28th Semi-Annual Virtual Technology Conference (Virtual)Friday, June 6, 2025 8:00 a.m. PT (11:00 a.m. ET) 2025 BMO Virtual Software Conference (Virtual)Monday, June 9, 2025 1x1 Investor Meetings Sessions which offer a webcast will be available on the "Events & Presentations" section of the Zscaler Investor Relations website at https:
SAN JOSE, Calif., May 21, 2025 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, is pleased to announce that Raj Judge has been appointed to the company's Board of Directors and joined as Executive Vice President of Corporate Strategy and Ventures. In this role, Judge will lead the company's growth strategy, business development, and venture investment initiatives to drive Zscaler to $5 billion in ARR and beyond. Judge brings over 25 years of experience in the tech legal and venture capital space, having previously served at Wilson Sonsini as Senior Partner and Co-Chair of the firm's core practice, Emerging Companies and Venture Capital. Throughout his career, h
SAN JOSE, Calif., May 08, 2025 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, will release third quarter fiscal year 2025 earnings after the market closes on Thursday, May 29, 2025. The company will host an investor conference call that day at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) to discuss the results. Date:Thursday, May 29, 2025Time:1:30 p.m. PTWebcast:https://ir.zscaler.comDial-in:To join by phone, register at the following link: Click Here. After registering, you will be provided with a dial-in number and a personal PIN that you will need to join the call. Please dial in at least 10 minutes prior to the 1:30 p.m. PT start time. A live we
Key Findings: Global phishing is down 20%, but attackers are striking deeper, not wider—targeting IT, HR, finance, and payroll teams with high-impact campaigns.Telegram, Steam, and Facebook are top platforms for phishing – used for both impersonation and malware delivery.Tech support and job scams increase with 159M+ hits in 2024, preying on users across social platforms. SAN JOSE, Calif., April 24, 2025 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today published its Zscaler ThreatLabz 2025 Phishing Report, analyzing over two billion blocked phishing attempts between January and December 2024 captured by the Zscaler Zero Trust Exchange™, the world's large
SAN JOSE, Calif., April 01, 2025 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, collaborated with T-Mobile in late 2023 to rapidly deploy hybrid zero trust throughout its operations. In just three months, T-Mobile implemented the Zscaler Zero Trust Exchange™ AI-powered cloud security platform, which is designed to secure access to applications and the internet, regardless of user location or device. Now, one year later, the roll-out has further secured the Un-carrier's infrastructure against potential cyber threats and over that time, T-Mobile is retiring its traditional VPNs. By reducing the need for traditional VPNs and providing secure and direct access to
The Harvard Undergraduate Venture Capital Group (VCG) will hold its third annual Entrepreneurship Summit on Saturday, March 29, 2025, from 9:00 AM to 5:00 PM at The Ritz-Carlton on 10 Avery Street in Boston. The Summit is the largest undergraduate entrepreneurship and venture capital conference in the nation and will bring together founders of unicorn startups, CEOs of publicly traded companies, and renowned venture capital and private equity investors. The event will convene over 60 speakers and 12 panels to discuss topics ranging from biotech, investing in AI, the legal side of venture, private equity, and more. Keynote speakers include: Steve Kaufer, Co-founder and Former CEO of Trip
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Third Quarter Highlights Revenue grows 23% year-over-year to $678.0 millionCalculated billings grows 25% year-over-year to $784.5 millionDeferred revenue grows 26% year-over-year to $1,985.0 millionGAAP net loss of $4.1 million compared to GAAP net income of $19.1 million on a year-over-year basis Non-GAAP net income of $136.8 million compared to non-GAAP net income of $113.0 million on a year-over-year basis SAN JOSE, Calif., May 29, 2025 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today announced financial results for its third quarter of fiscal year 2025, ended April 30, 2025. "We delivered outstanding Q3 results as an increasing number of customers a
SAN JOSE, Calif., May 08, 2025 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, will release third quarter fiscal year 2025 earnings after the market closes on Thursday, May 29, 2025. The company will host an investor conference call that day at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) to discuss the results. Date:Thursday, May 29, 2025Time:1:30 p.m. PTWebcast:https://ir.zscaler.comDial-in:To join by phone, register at the following link: Click Here. After registering, you will be provided with a dial-in number and a personal PIN that you will need to join the call. Please dial in at least 10 minutes prior to the 1:30 p.m. PT start time. A live we
Second Quarter Highlights Revenue grows 23% year-over-year to $647.9 millionCalculated billings grows 18% year-over-year to $742.7 millionDeferred revenue grows 25% year-over-year to $1,878.5 millionGAAP net loss of $7.7 million compared to GAAP net loss of $28.5 million on a year-over-year basis Non-GAAP net income of $127.1 million compared to non-GAAP net income of $99.4 million on a year-over-year basis SAN JOSE, Calif., March 05, 2025 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today announced financial results for its second quarter of fiscal year 2025, ended January 31, 2025. "Growing adoption of Zero Trust and AI is driving strong demand fo
SAN JOSE, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, will release second quarter fiscal year 2025 earnings after the market closes on Wednesday, March 5, 2025. The company will host an investor conference call that day at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) to discuss the results. Date:Wednesday, March 5, 2025Time:1:30 p.m. PTWebcast:https://ir.zscaler.comDial-in:To join by phone, register at the following link:Click Here. After registering, you will be provided with a dial-in number and a personal PIN that you will need to join the call. Please dial in at least 10 minutes prior to the 1:30 p.m. PT start time. A live webca
First Quarter Highlights Revenue grows 26% year-over-year to $628.0 millionCalculated billings grows 13% year-over-year to $516.7 millionDeferred revenue grows 27% year-over-year to $1,783.7 millionGAAP net loss of $12.1 million compared to GAAP net loss of $33.5 million on a year-over-year basis Non-GAAP net income of $124.3 million compared to non-GAAP net income of $86.4 million on a year-over-year basis SAN JOSE, Calif., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today announced financial results for its first quarter of fiscal year 2025, ended October 31, 2024. "Growing customer engagements and strong sales execution
SAN JOSE, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, will release first quarter fiscal year 2025 earnings after the market closes on Monday, December 2, 2024. The company will host an investor conference call that day at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) to discuss the results. Date:Monday, December 2, 2024Time:1:30 p.m. PTWebcast:https://ir.zscaler.comDial-in:To join by phone, register at the following link: Click Here. After registering, you will be provided with a dial-in number and a personal PIN that you will need to join the call. Please dial in at least 10 minutes prior to the 1:30 p.m. PT start time.
Fourth Quarter Highlights Revenue grows 30% year-over-year to $592.9 millionCalculated billings grows 27% year-over-year to $910.8 millionDeferred revenue grows 32% year-over-year to $1,895.0 millionGAAP net loss of $14.9 million compared to GAAP net loss of $30.7 million on a year-over-year basis Non-GAAP net income of $140.6 million compared to non-GAAP net income of $100.9 million on a year-over-year basis SAN JOSE, Calif., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today announced financial results for its fiscal fourth quarter and fiscal year ended July 31, 2024. "We ended a successful Fiscal 2024 with Q4 results exceeding the high e
SAN JOSE, Calif., Aug. 09, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, will release fourth quarter and fiscal year 2024 earnings after the market closes on Tuesday, September 3, 2024. The company will host an investor conference call that day at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) to discuss the results. Date:Tuesday, September 3, 2024Time:1:30 p.m. PTWebcast:https://ir.zscaler.comDial-in:To join by phone, register at the following link: Click Here. After registering, you will be provided with a dial-in number and a personal PIN that you will need to join the call. Please dial in at least 10 minutes prior to the 1:30 p.m. PT start time.
USA News Group Commentary Issued on behalf of Scope AI Corp. VANCOUVER, BC, July 24, 2024 /PRNewswire/ -- USA News Group – The telecom market just witnessed a security breach nightmare, with the data (records of calls and texts) of nearly all customers of a giant getting stolen by hackers. The incident in question involved AT&T Inc. (NYSE:T), which immediately issued a press release to address the situation, pointing towards the probability that the hackers illegally downloaded the data from a third-party cloud platform. In this case, the data stolen was from 2022, representing a massive data breach done in the future. The implication is that security methods implemented today, could impact
Third Quarter Highlights Revenue grows 32% year-over-year to $553.2 millionCalculated billings grows 30% year-over-year to $628.0 millionDeferred revenue grows 34% year-over-year to $1,577.0 millionGAAP net income of $19.1 million compared to GAAP net loss of $46.0 million on a year-over-year basis Non-GAAP net income of $139.8 million compared to non-GAAP net income of $74.6 million on a year-over-year basis SAN JOSE, Calif., May 30, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today announced financial results for its third quarter of fiscal year 2024, ended April 30, 2024. "We delivered an outstanding quarter driven by growing customer interest in
SAN JOSE, Calif., May 29, 2025 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today announced the appointment of Kevin Rubin as Chief Financial Officer. In his role, Rubin will oversee Zscaler's global finance organization and play a critical role in scaling the company's operations to support its next phase of growth and innovation. Rubin brings a wealth of financial expertise and strategic leadership experience in the technology industry, with a strong track record of driving operational excellence, managing business transformations, and delivering shareholder value. He will succeed Remo Canessa, who announced his intention to retire last year. Canessa will
SAN JOSE, Calif., May 21, 2025 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, is pleased to announce that Raj Judge has been appointed to the company's Board of Directors and joined as Executive Vice President of Corporate Strategy and Ventures. In this role, Judge will lead the company's growth strategy, business development, and venture investment initiatives to drive Zscaler to $5 billion in ARR and beyond. Judge brings over 25 years of experience in the tech legal and venture capital space, having previously served at Wilson Sonsini as Senior Partner and Co-Chair of the firm's core practice, Emerging Companies and Venture Capital. Throughout his career, h
SAN JOSE, Calif., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today announced the appointment of Adam Geller as Chief Product Officer to scale and accelerate the company's next phase of innovation and growth. "I am truly excited to have Adam join us as we expand Zscaler's product suite to support our rapidly growing business and customer base," said Jay Chaudhry, CEO, Chairman, and Founder of Zscaler. "Adam was an integral part of the growth at Exabeam as CEO and prior to that as the Chief Product Officer he drove the development of their cloud-scale security operations platform. His extensive and proven security product and engineering e
SAN JOSE, Calif., May 28, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today announced the appointment of James Beer to its Board of Directors and also to the audit committee of the Board of Directors. Following the appointment of Mr. Beer, the Zscaler board of directors consists of eight members. "Mr. Beer brings extensive expertise in leading complex finance organizations at large-scale enterprises across multiple industries and will be a valuable asset in helping advance Zscaler's long-term vision and growth strategy," said Jay Chaudhry, CEO, Chairman and Founder, Zscaler. "As we continue to advance our leadership in helping organizations navigate t
SAN JOSE, Calif., Nov. 27, 2023 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today announced the expansion of its go-to-market executive team to scale and accelerate the company's next phase of growth. Mike Rich has been appointed as the company's Chief Revenue Officer (CRO) and President of Global Sales, with worldwide responsibility for all aspects related to revenue growth and sales strategy. Joyce Kim has joined as Chief Marketing Officer (CMO) responsible for scaling global marketing execution. "We are thrilled to have such experienced leaders join us at an important stage in our growth as we continue to scale up our go-to-market efforts," said Jay Cha
SAN JOSE, Calif., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, reinforces its investments in Artificial Intelligence (AI) with the appointments of two of the industry's top innovation and tech implementation leaders to further strengthen the Zero Trust Exchange™ cloud security platform. Working in collaboration, Claudionor Coelho Jr. joins as Chief AI Officer and Mohamed Shabar joins as EVP, Data & AI Platforms. These strategic additions to the Zscaler executive team reinforce the company's commitment to driving rapid innovation in advanced applied Machine Learning (ML), and AI to help define the future of cloud-based security technologies. "W
SAN JOSE, Calif., May 16, 2023 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today announced that Syam Nair has been appointed as the company's Chief Technology Officer and EVP of Research and Development. In this role, Nair will be responsible for driving the research and development engines to expand Zscaler's Zero Trust Exchange platform, accelerate AI/ML innovations, and further scale the largest security cloud in the world. Nair will join Zscaler's senior executive team on May 24, 2023. "I am excited to welcome Syam to the Zscaler's leadership. He has real-world experience in leading and scaling engineering and product development teams that accelerate
SAN JOSE, Calif., March 10, 2023 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today announced that Karl Soderlund has been appointed as the company's Senior Vice President, Worldwide Partners, and Alliances. In his role at Zscaler, Soderlund will be responsible for advancing and modernizing the Zscaler partner program by developing and executing a competitive go-to-market strategy, and leading a world-class channel team. "As the leader in cloud security, Zscaler continues to become a destination for top talent," said Dali Rajic, Chief Operating Officer, Zscaler. "Karl's deep partner expertise and proven track record with the execution of highly strategic
SAN JOSE, Calif., Oct. 10, 2022 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today announced that Amit Sinha has accepted a CEO position at a privately-held technology company and will resign from Zscaler effective October 21, 2022. Dr. Sinha will continue his role as a member of the company's Board of Directors. Functions of R&D, Cloud Operations and Customer Support that reported to Dr. Sinha will now report directly to Jay Chaudhry, Chairman and CEO. "I'd like to thank Amit for his outstanding contributions to Zscaler over the past 12 years in multiple roles including most recently as President. His technical brilliance and people leadership has help
Rajic adds significant operational and go-to-market experience amid company growth plans Hyperscience, the Human Centered Automation company, today announced the appointment of Dali Rajic to the Board of Directors. In close partnership with the executive leadership team and full Board, Rajic will provide guidance to help differentiate Hyperscience's proprietary AI and Machine Learning technology, aimed at driving repeatable revenue and operational growth strategies. "Dali's background, experience and history of operational excellence will provide invaluable input for us in this next leg of our company's journey," said Charlie Newark-French, Interim Chief Executive Officer of Hyperscience.