Nama's AI scorecard currently rates Zscaler Buy (5.8 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.

What is ZS's P/E ratio?

Zscaler trades at a trailing price-to-earnings ratio of 46.6.

When does ZS report earnings?

Zscaler's next scheduled report is on Nov 24, 2026. Analysts expect EPS of $1.16.

What is the ZS price target?

The median analyst price target from 45 analysts is $247.00, with a range of $164.75 – $298.00.

Is ZS Shariah compliant?

Nama's AAOIFI-style screen reads Zscaler as Shariah Compliant. Passes our debt, cash and income screen; not a scholar's ruling.

Nama Insights

Zscaler (ZS)

Technology · Software Infrastructure · NASDAQ

Zscaler (ZS) is a Technology company in the Software Infrastructure industry. It has a market capitalization of $32.23B, a trailing price-to-earnings ratio of 46.6 and a free-cash-flow yield of 2.5%. Over the most recent reported fiscal year, revenue grew 25.4% and free cash flow per share grew 3.3%. Nama's AI scorecard rates it Buy, 5.8 out of 10. On 12-month momentum it ranks in the trailing band of its market.

AI scorecard

Buy · 5.8/10

Positive, at the low end of Buy. As of Nov 7, 2026.

Momentum

Trailing · -32.8% over 12 months ex. last

Bottom 20% of its market on the past year's move.

Shariah screen

Shariah Compliant

Passes our debt, cash and income screen; not a scholar's ruling.

Off its high

-47.5%

How far the last close sits under the highest price of the past five years.

Market cap	$32.23B
Trailing P/E	46.6
Price / book	12.4
Price / sales	9.6
FCF yield	2.5%
Dividend yield	—
Gross margin	76.8%
Operating margin	-3.6%
Net margin	-1.9%
Revenue growth (YoY)	+25.4%
Revenue growth (3-yr annual)	+27.5%
EPS growth (YoY)	+29.3%
FCF/share growth (YoY)	+3.3%
Beta	0.9
Exchange	NASDAQ
Sector	Technology
Industry	Software Infrastructure

ZS earnings

Next report: Nov 24, 2026 (Q1 2027, EPS estimate $1.16). Beat the EPS estimate in 4 of 4 recent quarters.

Quarter	Reported	EPS	Estimate	Surprise	Revenue
Q4 2026	Sep 3, 2026	$1.19	$1.09	+9.2%	$898.18M
Q3 2026	May 26, 2026	$1.08	$1.01	+6.9%	$850.48M
Q2 2026	Feb 26, 2026	$1.01	$0.90	+12.2%	$815.75M
Q1 2026	Nov 25, 2025	$0.96	$0.86	+11.6%	$788.11M

ZS analyst price target

Median target $247.00 from 45 analysts, ranging $164.75 – $298.00.

Software Infrastructure peers

Ticker	Company	Market cap	P/E
MSFT	Microsoft	$3.94T	29.4
PLTR	Palantir Technologies	$386.44B	112.2
ORCL	Oracle	$361.97B	14.4
PANW	Palo Alto Networks	$256.86B	81.9
CRWD	CrowdStrike	$222.09B	195.4
NET	Cloudflare	$95.70B	224.0
FTNT	Fortinet	$87.31B	34.5
SNPS	Synopsys	$86.32B	32.3

Explore live ZS data on Nama Insights →

Recent Congressional trades

Zscaler trades disclosed by members of the US House and Senate under the STOCK Act. See the full Congress trades board →

Member	Chamber	Trade	Amount	Disclosed
Rob Bresnahan	House	Sell	$1,001 - $15,000	Feb 13, 2025

ZS FAQ

Is ZS a buy?: Nama's AI scorecard currently rates Zscaler Buy (5.8 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is ZS's P/E ratio?: Zscaler trades at a trailing price-to-earnings ratio of 46.6.
When does ZS report earnings?: Zscaler's next scheduled report is on Nov 24, 2026. Analysts expect EPS of $1.16.
What is the ZS price target?: The median analyst price target from 45 analysts is $247.00, with a range of $164.75 – $298.00.
Is ZS Shariah compliant?: Nama's AAOIFI-style screen reads Zscaler as Shariah Compliant. Passes our debt, cash and income screen; not a scholar's ruling.