Zscaler (ZS) Expected to Announce Quarterly Earnings on Thursday

Zscaler (NASDAQ:ZS) is anticipated to issue its Q2 2026 results after the market closes on Thursday, February 26th. Analysts expect the company to announce earnings of $0.89 per share and revenue of $798.9190 million for the quarter. Individuals can check the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, February 26, 2026 at 4:30 PM ET.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings results on Tuesday, November 25th. The company reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.11. The company had revenue of $788.11 million for the quarter, compared to the consensus estimate of $773.86 million. Zscaler had a negative return on equity of 0.12% and a negative net margin of 1.45%.The firm’s revenue for the quarter was up 25.5% compared to the same quarter last year. During the same period last year, the firm earned $0.77 EPS. On average, analysts expect Zscaler to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Zscaler Stock Performance

Shares of ZS stock opened at $143.28 on Tuesday. Zscaler has a 52-week low of $141.56 and a 52-week high of $336.99. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 0.86. The stock has a market cap of $22.85 billion, a PE ratio of -551.06, a price-to-earnings-growth ratio of 325.66 and a beta of 1.02. The business has a 50-day simple moving average of $204.99 and a 200-day simple moving average of $258.24.

Zscaler News Roundup

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Zscaler broadened its footprint in India by partnering with Bharti Airtel to launch an AI & Cyber Threat Research Center — a strategic move to deepen AI security credentials and expand market access in a high‑growth region. Read More.
• Positive Sentiment: Underlying fundamentals remain supportive: Zscaler recently beat revenue/earnings expectations, is growing revenue >20% year‑over‑year and has multi‑quarter AI/security demand highlighted ahead of Q2 results — factors that investors will weigh as a counterbalance to short‑term volatility. Read More.
• Neutral Sentiment: Mizuho trimmed its price target (reiterated Outperform) citing sector multiple compression; the bank’s view keeps long‑term thesis intact but signals lower near‑term valuation expectations. Read More.
• Neutral Sentiment: Robert W. Baird reduced its target from $360 to $300 while maintaining an Outperform rating — another sign analysts are lowering targets but not abandoning the growth story. Read More.
• Negative Sentiment: Sector sell‑off driven by Anthropic’s new AI security tool: investors fear AI that scans code for vulnerabilities could displace some incumbents’ functionality or compress future software pricing — a headline that hit CrowdStrike, Zscaler and other security stocks hard. Read More. Read More.
• Negative Sentiment: White House plans to raise global tariffs to 15% added macro downside, cited as a direct, short‑term headwind for Zscaler in market reports. Read More.
• Negative Sentiment: Additional analyst cuts and a downgrade pushed the stock to fresh lows (including a recent 52‑week low), amplifying selling pressure as target trims reduced near‑term upside. Read More.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Berenberg Bank lowered their price objective on Zscaler from $400.00 to $390.00 and set a “buy” rating on the stock in a research report on Friday, November 28th. Loop Capital set a $320.00 price target on shares of Zscaler in a report on Thursday, December 11th. Bank of America dropped their price target on shares of Zscaler from $355.00 to $335.00 and set a “buy” rating on the stock in a research report on Wednesday, November 26th. Rosenblatt Securities reiterated a “buy” rating and issued a $365.00 price objective on shares of Zscaler in a research report on Wednesday, November 26th. Finally, Citizens Jmp reissued a “market outperform” rating and set a $355.00 target price on shares of Zscaler in a research note on Wednesday, November 26th. One analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $302.35.

Insider Activity

In other Zscaler news, EVP Raj Judge sold 3,438 shares of the stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $230.82, for a total transaction of $793,559.16. Following the completion of the transaction, the executive vice president owned 70,394 shares of the company’s stock, valued at $16,248,343.08. This represents a 4.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Jagtar Singh Chaudhry sold 2,843 shares of Zscaler stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $230.82, for a total value of $656,221.26. Following the completion of the sale, the chief executive officer directly owned 347,857 shares in the company, valued at $80,292,352.74. This represents a 0.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 19,350 shares of company stock worth $4,471,509. Company insiders own 17.20% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ZS. Binnacle Investments Inc acquired a new stake in Zscaler during the 3rd quarter worth $25,000. AlphaCentric Advisors LLC acquired a new position in Zscaler during the fourth quarter worth about $29,000. Mcguire Capital Advisors Inc. acquired a new position in Zscaler during the fourth quarter worth about $32,000. Strive Financial Group LLC purchased a new stake in Zscaler during the 4th quarter valued at about $39,000. Finally, Sumitomo Mitsui Financial Group Inc. raised its holdings in Zscaler by 105.5% in the 4th quarter. Sumitomo Mitsui Financial Group Inc. now owns 215 shares of the company’s stock valued at $49,000 after acquiring an additional 4,111 shares during the last quarter. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Zscaler Company Profile

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.