# Zscaler share price today (Zscaler, Inc., ZS)

> Zscaler, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. ZS · Technology · Software - Infrastructure · data as of 4 November 2026. Page: https://www.sectoralpha.in/us/stocks/zs

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## Key numbers

- Price: $224.45 (−29.9% in a year)
- Revenue (Jul 2026): $898 M (+24.9% on a year ago)
- Profit (Jul 2026): −$3.4 M
- Operating margin: −1.0% (+2.6 points on a year ago)

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Zscaler share price today? Zscaler, Inc.'s share price was $224.45 at the close on 4 November 2026. It has been stalling near its high for 8 weeks. That is 34.3% above its average price over the last 200 trading days. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 11 weeks in a row. In the last 52 weeks it traded between $118 and $320, and at that close it sat 53% of the way up from that low. Over the last 8.6 years the share price moved +663% while the S&P 500 moved +197%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Zscaler pay? Zscaler, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Zscaler on? Zscaler is on one of our US lists: US tech stocks. [US tech stocks](https://www.sectoralpha.in/us-tech-stocks)

## Is Zscaler profitable? Zscaler, Inc. posted a net loss of $3.4 M in the Jul 2026 quarter. The full FY26 year was a loss of $63.2 M. That loss is 0.4% of the quarter's revenue. The same quarter a year earlier lost $17.6 M. 11 of the last 12 reported quarters were loss-making. ## How much revenue does Zscaler make, and is it growing? Zscaler, Inc. reported $898 M of revenue in the Jul 2026 quarter, +24.9% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 5 years it has grown 37.9% a year on average. The last full year, FY26, came in at $3.4 B. The last four reported quarters add to $3.4 B. FY26 revenue was $3.4 B, +25.4% on the year before. Recent pace: the last four quarters grew +25.4% on average, against 37.9% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +25.4%, against +24.4% a year over the last 8 quarters (stabilising). ## How much of every $100 of sales does Zscaler keep? Zscaler, Inc.'s operating margin was −1.0% in the Jul 2026 quarter, 2.6 percentage points higher than the same quarter a year ago. Across 6 years it has been between −30.9% and −3.5%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed +2.6 percentage points on the year while gross margin changed +0.6 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Zscaler's profit turning into cash? Zscaler, Inc.'s cash-flow history is too short to judge how much of its profit turns into cash. In FY26 it brought in $1.1 B of operating cash against −$63.2 M of profit. After $277 M of spending on assets, $852 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Zscaler's cash go? Zscaler, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $586 M on assets over the last 3 years. Averaged over those years that is 5.8% of FY26 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $586 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Zscaler's P/E ratio, and how does it compare with its own history? Zscaler, Inc. has no P/E right now, because its earnings are negative. The revenue and margin sections are where a turn would show first. Measured against sales instead, the market values Zscaler, Inc. at 10.9× its FY26 revenue of $3.4 B. The P/E comes back here once profit turns positive. ## Is the Zscaler business getting better or worse? Zscaler, Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Zscaler earn on its capital? Zscaler, Inc. earned a ROE of −2% in FY26. That is up from a low of −68% in FY22. Its return on capital used (ROIC) is left out: on sales this small it reads −4,055%, a number that says nothing useful about the business. It comes from a −1.9% net margin and 0.43× asset turnover (sales divided by assets). Why the return is what it is (FY26): a −1.9% net margin × 0.43× asset turnover × 3.03× leverage (assets divided by equity) ≈ −2.5% on equity. The margin does its share; borrowing is a big part of it. ## Does Zscaler have too much debt? Zscaler, Inc. has total debt of $1.9 B against shareholder equity of $2.6 B as of Jul 2026, so its debt is 0.72× its equity. Year by year, that ratio went from 1.82 in FY21 to 0.72 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Zscaler shareholding pattern? 5.6% of Zscaler, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 1.9 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Zscaler from balance-sheet trouble? For Zscaler, Inc., the Z-score is 4.26. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 4.26 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Zscaler rank in its industry? 52.9 out of 100, rank 13 of 28 in Software - Infrastructure, with 67% of the evidence available. Zscaler, Inc. scores 52.9 out of 100 against the 28 companies it is compared with in Software - Infrastructure, ranking 13. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 18.9 + 5.3 + 11.5 + 17.2 = 52.9. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Zscaler compared with? Zscaler ranks 13 of 28 Software - Infrastructure companies on the 4-Factor Sector Score, with 52.9 out of 100. 1. [NetApp, Inc.](https://www.sectoralpha.in/us/stocks/ntap) NTAP · losing its lead · Most evidence points up · 85% evidence 71.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.0/35 · Revenue 12.2% · Profit 21.1% · Operating margin change 6.8 points · 95% evidence Capital efficiency 20.4/25 · ROCE 30.1% · Operating margin 26.7% · 76% evidence Valuation 12.9/20 · P/E 24.7× · PEG 0.97 · 65% evidence Relative strength 13.8/20 · Lead over its industry 14.3% · Lead over S&P 500 23.9% · 1 year 66% · 100% evidence · 11 of 12 weeks ahead Exact sum: 24 + 20.4 + 12.9 + 13.8 = 71.1 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [GoDaddy Inc.](https://www.sectoralpha.in/us/stocks/gddy) GDDY · breaking out · Most evidence points up · 81% evidence 71.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.8/35 · Revenue 7.4% · Profit 12.5% · Operating margin change 5.2 points · 83% evidence Capital efficiency 20.3/25 · ROCE 26.4% · Operating margin 27.1% · 76% evidence Valuation 15.5/20 · P/E 12.3× · PEG 0.61 · 65% evidence Relative strength 14.4/20 · Lead over its industry 2.1% · Lead over S&P 500 12.6% · 1 year -10.4% · 100% evidence · 11 of 12 weeks ahead Exact sum: 20.8 + 20.3 + 15.5 + 14.4 = 71 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Microsoft Corporation](https://www.sectoralpha.in/us/stocks/msft) MSFT · breaking out · Most evidence points up · 85% evidence 70.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.8/35 · Revenue 17.9% · Profit 36% · Operating margin change 0.9 points · 95% evidence Capital efficiency 20.5/25 · ROCE 26% · Operating margin 49.8% · 76% evidence Valuation 14.0/20 · P/E 26.7× · PEG 0.74 · 65% evidence Relative strength 17.3/20 · Lead over its industry 5.9% · Lead over S&P 500 16.4% · 1 year 11.9% · 100% evidence · 12 of 12 weeks ahead Exact sum: 18.8 + 20.5 + 14 + 17.3 = 70.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Palantir Technologies Inc.](https://www.sectoralpha.in/us/stocks/pltr) PLTR · losing its lead · Most evidence points up · 71% evidence 65.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.1/35 · Revenue 78.8% · Profit 100% · Operating margin change 20.3 points · 83% evidence Capital efficiency 19.2/25 · ROCE 26% · Operating margin 47.1% · 76% evidence Valuation 9.2/20 · P/E 92.7× · PEG n/a · 15% evidence Relative strength 6.9/20 · Lead over its industry -7% · Lead over S&P 500 2.2% · 1 year -3.5% · 100% evidence · 11 of 12 weeks ahead Exact sum: 30.1 + 19.2 + 9.2 + 6.9 = 65.4 · What this means: Earnings are strong; relative strength in its sector is -7% and the one-year return is -3.5%. 5. [Corpay, Inc.](https://www.sectoralpha.in/us/stocks/cpay) CPAY · leader · Evidence leans up · 81% evidence 64.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.0/35 · Revenue 20.4% · Profit 8% · Operating margin change 3.4 points · 83% evidence Capital efficiency 19.7/25 · ROCE 21.2% · Operating margin 46.9% · 76% evidence Valuation 10.8/20 · P/E 19.2× · PEG 1.65 · 65% evidence Relative strength 12.6/20 · Lead over its industry 3% · Lead over S&P 500 13.4% · 1 year 51.4% · 100% evidence · 11 of 12 weeks ahead Exact sum: 21 + 19.7 + 10.8 + 12.6 = 64.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Toast, Inc.](https://www.sectoralpha.in/us/stocks/tost) TOST · turning · Evidence leans up · 71% evidence 60.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.2/35 · Revenue 23% · Profit 100% · Operating margin change 2.2 points · 83% evidence Capital efficiency 14.7/25 · ROCE 20.5% · Operating margin 7.4% · 76% evidence Valuation 9.9/20 · P/E 33.2× · PEG n/a · 15% evidence Relative strength 10.9/20 · Lead over its industry -1.3% · Lead over S&P 500 8.8% · 1 year -4.4% · 100% evidence · 7 of 12 weeks ahead Exact sum: 25.2 + 14.7 + 9.9 + 10.9 = 60.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Gen Digital Inc.](https://www.sectoralpha.in/us/stocks/gen) GEN · turning · Evidence leans up · 68% evidence 60.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.7/35 · Revenue n/a · Profit n/a · Operating margin change -0.7 points · 45% evidence Capital efficiency 17.7/25 · ROCE 16.8% · Operating margin 35.6% · 76% evidence Valuation 7.7/20 · P/E 15.3× · PEG 2.67 · 65% evidence Relative strength 16.2/20 · Lead over its industry 5.5% · Lead over S&P 500 16% · 1 year 19.9% · 100% evidence · 6 of 12 weeks ahead Exact sum: 18.7 + 17.7 + 7.7 + 16.2 = 60.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Okta, Inc.](https://www.sectoralpha.in/us/stocks/okta) OKTA · leader · Evidence leans up · 75% evidence 59.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.1/35 · Revenue 11.2% · Profit 76.2% · Operating margin change 7.7 points · 95% evidence Capital efficiency 9.4/25 · ROCE 3.3% · Operating margin 13.3% · 76% evidence Valuation 9.3/20 · P/E 83.3× · PEG n/a · 15% evidence Relative strength 19.1/20 · Lead over its industry 42.7% · Lead over S&P 500 53.5% · 1 year 123.9% · 100% evidence · 12 of 12 weeks ahead Exact sum: 22.1 + 9.4 + 9.3 + 19.1 = 59.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Nutanix, Inc.](https://www.sectoralpha.in/us/stocks/ntnx) NTNX · losing its lead · Evidence leans up · 75% evidence 58.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.8/35 · Revenue 12.4% · Profit 100% · Operating margin change 8.1 points · 95% evidence Capital efficiency 10.6/25 · ROCE 8.9% · Operating margin 12.9% · 76% evidence Valuation 11.4/20 · P/E 10.6× · PEG n/a · 15% evidence Relative strength 14.9/20 · Lead over its industry 5% · Lead over S&P 500 14.3% · 1 year -8.5% · 100% evidence · 11 of 12 weeks ahead Exact sum: 21.8 + 10.6 + 11.4 + 14.9 = 58.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Rubrik, Inc.](https://www.sectoralpha.in/us/stocks/rbrk) RBRK · leader · Evidence leans up · 64% evidence 58.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.7/35 · Revenue 42.5% · Profit n/a · Operating margin change 13.7 points · 71% evidence Capital efficiency 3.6/25 · ROCE -19.3% · Operating margin -16.8% · 76% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 19.4/20 · Lead over its industry 35.8% · Lead over S&P 500 46.9% · 1 year 62.9% · 100% evidence · 12 of 12 weeks ahead Exact sum: 25.7 + 3.6 + 10 + 19.4 = 58.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Samsara Inc.](https://www.sectoralpha.in/us/stocks/iot) IOT · breaking out · Evidence leans up · 67% evidence 54.6 out of 100 Growth Capital Valuation Relative
12. [Fortinet, Inc.](https://www.sectoralpha.in/us/stocks/ftnt) FTNT · losing its lead · Evidence leans up · 81% evidence 52.9 out of 100 Growth Capital Valuation Relative
13. Zscaler, Inc. this page ZS · breaking out · Evidence leans up · 67% evidence 52.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.9/35 · Revenue 25.4% · Profit n/a · Operating margin change 2.6 points · 71% evidence Capital efficiency 5.3/25 · ROCE -2.4% · Operating margin -1% · 76% evidence Valuation 11.5/20 · P/E -352.6× · PEG n/a · 15% evidence Relative strength 17.2/20 · Lead over its industry 5.4% · Lead over S&P 500 15.7% · 1 year -29.9% · 100% evidence · 11 of 12 weeks ahead Exact sum: 18.9 + 5.3 + 11.5 + 17.2 = 52.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 14. [Oracle Corporation](https://www.sectoralpha.in/us/stocks/orcl) ORCL · quiet · Evidence leans up · 85% evidence 52.7 out of 100 Growth Capital Valuation Relative
15. [Twilio Inc.](https://www.sectoralpha.in/us/stocks/twlo) TWLO · losing its lead · Evidence leans up · 71% evidence 52.4 out of 100 Growth Capital Valuation Relative
16. [CrowdStrike Holdings, Inc.](https://www.sectoralpha.in/us/stocks/crwd) CRWD · leader · Evidence leans up · 67% evidence 51.2 out of 100 Growth Capital Valuation Relative
17. [Check Point Software Technologies Ltd.](https://www.sectoralpha.in/us/stocks/chkp) CHKP · turning · Evidence leans up · 81% evidence 50.3 out of 100 Growth Capital Valuation Relative
18. [Synopsys, Inc.](https://www.sectoralpha.in/us/stocks/snps) SNPS · breaking out · Evidence leans down · 85% evidence 46.9 out of 100 Growth Capital Valuation Relative
19. [Block, Inc.](https://www.sectoralpha.in/us/stocks/xyz) XYZ · turning · Evidence leans down · 71% evidence 43.8 out of 100 Growth Capital Valuation Relative
20. [MongoDB, Inc.](https://www.sectoralpha.in/us/stocks/mdb) MDB · quiet · Evidence leans down · 67% evidence 41.4 out of 100 Growth Capital Valuation Relative
21. [SailPoint, Inc.](https://www.sectoralpha.in/us/stocks/sail) SAIL · breaking out · Evidence leans down · 64% evidence 40.8 out of 100 Growth Capital Valuation Relative
22. [Palo Alto Networks, Inc.](https://www.sectoralpha.in/us/stocks/panw) PANW · losing its lead · Evidence leans down · 75% evidence 39.7 out of 100 Growth Capital Valuation Relative
23. [Cloudflare, Inc.](https://www.sectoralpha.in/us/stocks/net) NET · losing its lead · Evidence leans down · 61% evidence 39.1 out of 100 Growth Capital Valuation Relative
24. [F5, Inc.](https://www.sectoralpha.in/us/stocks/ffiv) FFIV · losing its lead · Evidence leans down · 81% evidence 38.5 out of 100 Growth Capital Valuation Relative
25. [VeriSign, Inc.](https://www.sectoralpha.in/us/stocks/vrsn) VRSN · breaking out · Evidence leans down · 85% evidence 37.1 out of 100 Growth Capital Valuation Relative
26. [Akamai Technologies, Inc.](https://www.sectoralpha.in/us/stocks/akam) AKAM · quiet · Most evidence points down · 81% evidence 34.5 out of 100 Growth Capital Valuation Relative
27. [CoreWeave, Inc.](https://www.sectoralpha.in/us/stocks/crwv) CRWV · quiet · Most evidence points down · 61% evidence 30.7 out of 100 Growth Capital Valuation Relative
28. [Cerebras Systems Inc.](https://www.sectoralpha.in/us/stocks/cbrs) CBRS · quiet · Too little evidence to rank firmly · 41% evidence 42.7 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Software - Infrastructure](https://www.sectoralpha.in/us/sectors/software-infrastructure), all 28 compared on one page. ## Which companies are close to Zscaler in size? Zscaler is the 11th largest of 117 Software - Infrastructure companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Synopsys, Inc., Block, Inc. and NetApp, Inc. Just below it: Okta, Inc., Twilio Inc. and VeriSign, Inc. ### Software - Infrastructure companies close in size

1. [Synopsys, Inc.](https://www.sectoralpha.in/us/stocks/snps) $88.7 billion
2. [Block, Inc.](https://www.sectoralpha.in/us/stocks/xyz) $53 billion
3. [NetApp, Inc.](https://www.sectoralpha.in/us/stocks/ntap) $36.8 billion
4. Zscaler, Inc. $36.6 billion
5. [Okta, Inc.](https://www.sectoralpha.in/us/stocks/okta) $33.4 billion
6. [Twilio Inc.](https://www.sectoralpha.in/us/stocks/twlo) $33 billion
7. [VeriSign, Inc.](https://www.sectoralpha.in/us/stocks/vrsn) $28.5 billion

[All 117 Software - Infrastructure companies, largest first](https://www.sectoralpha.in/us/sectors/software-infrastructure#all-companies)

### Companies close in size in other industries

1. [NetApp, Inc.](https://www.sectoralpha.in/us/stocks/ntap) $36.8 billion · Software - Infrastructure
2. [TKO Group Holdings, Inc.](https://www.sectoralpha.in/us/stocks/tko) $36.6 billion · Entertainment
3. Zscaler, Inc. $36.6 billion
4. [Public Service Enterprise Group Incorporated](https://www.sectoralpha.in/us/stocks/peg) $36.5 billion · Utilities - Regulated Electric
5. [Cboe Global Markets, Inc.](https://www.sectoralpha.in/us/stocks/cboe) $36.1 billion · Financial Data & Stock Exchanges

## What else do people ask about Zscaler? ### What were Zscaler's latest quarterly results? Zscaler, Inc. reported revenue of $898 M and a net loss of $3.4 M for the Jul 2026 quarter. Earnings per share were −$0.03. The operating margin was −1.0%, 2.6 percentage points higher than a year earlier (as of 4 November 2026). ### What is Zscaler's market cap? Zscaler, Inc.'s market capitalisation is $36.6 B at a stock price of $224.45. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is Zscaler performing? Zscaler, Inc.'s share price has been stalling near its high for 8 weeks. Over the past 13 weeks it has done better than the S&P 500, for 11 weeks running. This describes what the data did, not a rating (as of 4 November 2026). ### Will Zscaler's stock price go up? This page does not forecast Zscaler, Inc.'s stock price. What it shows instead: the stock price is $224.45, and it has been stalling near its high for 8 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026). ### Where is Zscaler in its business cycle? Zscaler, Inc.'s FY26 operating margin was −3.5%, against a 6-year range of −30.9% to −3.5%: the middle of its own range, neither a peak nor a low. The latest quarter was −1.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the Zscaler story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is Zscaler a stock worth studying right now? What the numbers show: Zscaler, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ## Lists

- US tech stocks: https://www.sectoralpha.in/us-tech-stocks

This is research, not advice. We’re not SEBI-registered.