Cloud Security Vision | Zscaler pursues $10 billion ARR with sustained 20%+ growth targets, leveraging SASE leadership and zero trust architecture in expanding market |
Analyst Outlook | Price targets range from $305 to $350, averaging approximately $327, reflecting mixed views on execution capabilities amid growth deceleration concerns |
Growth Challenges | Mid-teens organic growth rates spark debate about momentum sustainability, while seasonal first-quarter patterns and competitive pressures test operational discipline |
Strategic Expansion | Red Canary acquisition enhances threat detection capabilities as company navigates path to $5 billion ARR milestone by fiscal 2028 |
Metrics to compare | ZS | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipZSPeersSector | |
|---|---|---|---|---|
P/E Ratio | −438.2x | 99.9x | 12.1x | |
PEG Ratio | 9.37 | 3.77 | 0.01 | |
Price/Book | 10.7x | 11.8x | 2.4x | |
Price / LTM Sales | 8.3x | 14.5x | 2.2x | |
Upside (Analyst Target) | 23.7% | 17.0% | 34.8% | |
Fair Value Upside | Unlock | −15.9% | 5.9% | Unlock |
Zscaler, Inc. operates as a cloud security company worldwide. The company offers cyberthreat protection products, including Zero Trust SASE, a solution that securely connects workforces, AI agents, workloads, and IoT/OT devices to cloud apps and AI services; Zscaler Internet Access, which provides advanced threat protection, sandbox, and zero trust firewall; Zscaler Private Access solution that includes cyberthreat and data protection, application discovery, secure application access, application segmentation, application protection, and reduced attack surface; Zero Trust Browser, a solution that secures browser-based access to business applications for the extended workforce, including third parties and partners; Zscaler Digital Experience, a solution that monitors end-user experience and helps organizations identify and resolve performance issues across their digital environment; Zero Trust Branch; and Zero Trust Cloud solutions. It also provides Security for AI solution to secure AI adoption across the full AI ecosystem; data security services, including AI-powered data classification and contextual insights, data loss prevention, Saas security, and data security posture management solution. In addition, the company offers Agentic Security Operations solution that enables enterprises to reduce cyber risk by using AI-powered automation; exposure management platform; deception; managed detection and response; agentic security operations center; and threat hunting solutions. It serves automotive, airlines and transportation, conglomerates, consumer goods and retail, energy, financial services, healthcare, insurance, 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.