Daily
AI Infrastructure Daily: everything that happened across chips, memory, power, data centers and financing in a 3-minute read, every weekday. Free. Read today's →
NVDA$204.6−4.22%TSM$406.1−5.95%SK hynix₩1,418,000−7.08%Samsung Electronics₩225,000−3.02%MU$884.7−5.30%ASML$1,565.9−6.55%AVGO$326.1−5.48%LITE$840.7−8.57%COHR$210.3−11.34%ANET$168.9−8.34%GEV$857.9−3.38%ETN$370.0−6.03%VRT$232.5−5.46%CEG$262.4−0.83%VST$138.4−1.83%PWR$620.7−2.27%HD Hyundai Electric₩424,500−3.63%MP$39.57−4.97%FCX$62.47−5.55%CCJ$76.91−7.88%MSFT$521.9−1.55%META$615.0−1.53%CRWD$250.4−4.10%SMH$522.5−6.98%SPY$755.7−1.77%
NASDAQ · US · Software - Infrastructure

ZS Zscaler

Zero-trust security for AI traffic

Tight + uptrend Its supply chain is tightening and the stock trades above its 50-day average. (automatic: supply-chain trend + price vs 50-day average)
Last close (delayed) · 2026-10-30
$237.8
−4.03% today
1W
−6.8%
1M
+19.6%
3M
+54.0%
YTD
+5.7%
1Y
−26.1%
Off 52w high
−29.3%
Next earnings (est.): 2026-11-24
Market cap$38.78B
P/E (trailing)—Forward 42.3
EV / sales11.6×EV/EBITDA 884.9×
Revenue (TTM)$3.35BGrowth 24.9% y/y
Margins76.9%gross · op -1.0%
Free cash flow$1.07BCash $3.47B · debt $1.87B
Analyst target$235.2−1.1% upside · 45 analysts · buy
Riskβ 0.94Short 5.6% of float

Fundamentals from public market data, refreshed daily (2026-10-30 21:21 UTC). Figures in reporting currency.

ZS · price with what management and the data said

Supply tighteningBeat / raiseMiss / cutData releaseEasing Hover a numbered marker for details · dashed lines = 50- and 200-day averages

Timeline: management commentary, data & earnings

8 events
  1. 8
    2026-09-03EarningsBeat / raise

    Reported EPS 1.19 vs 1.09 expected (+9.2% surprise).

  2. 7
    2026-05-26EarningsBeat / raise

    Reported EPS 1.08 vs 1.01 expected (+7.1% surprise).

  3. 6
    2026-02-26EarningsBeat / raise

    Reported EPS 1.01 vs 0.9 expected (+12.6% surprise).

  4. 5
    2025-11-25EarningsBeat / raise

    Reported EPS 0.96 vs 0.86 expected (+11.4% surprise).

  5. 4
    2025-09-02EarningsBeat / raise

    Reported EPS 0.89 vs 0.8 expected (+11.0% surprise).

  6. 3
    2025-05-29EarningsBeat / raise

    Reported EPS 0.84 vs 0.76 expected (+10.8% surprise).

  7. 2
    2025-03-05EarningsBeat / raise

    Reported EPS 0.78 vs 0.69 expected (+12.7% surprise).

  8. 1
    2024-12-02EarningsBeat / raise

    Reported EPS 0.77 vs 0.63 expected (+22.7% surprise).

Earnings history

EPS vs expectations
DateExpected EPSReported EPSSurprise
2026-09-031.091.19+9.2%
2026-05-261.011.08+7.1%
2026-02-260.91.01+12.6%
2025-11-250.860.96+11.4%
2025-09-020.80.89+11.0%
2025-05-290.760.84+10.8%
2025-03-050.690.78+12.7%
2024-12-020.630.77+22.7%
2024-09-030.690.88+27.0%
2024-05-300.650.88+35.9%
2024-02-290.580.76+31.1%
2023-11-270.490.67+36.9%
2023-09-050.490.64+30.1%
2023-06-010.430.48+12.7%
2023-03-020.290.37+26.1%
2022-12-010.260.29+11.5%
2022-09-080.210.25+21.5%
2022-05-260.110.17+58.7%
2022-02-240.110.13+16.3%
2021-11-300.120.14+15.3%
2021-09-090.090.14+52.2%
2021-05-250.070.15+110.6%
2021-02-250.080.1+28.8%
2020-12-020.060.14+126.9%

About Zscaler

Website ↗

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 …

8,700 employees · San Jose, United States

AI agents and AI-written attacks expand the attack surface faster than security teams can hire. Spend shifts to platforms that use AI to defend AI workloads.

Threats→Detection→Platform→Response

What would prove us wrong. Weakens if net-new ARR decelerates across the group while breach activity stays high.

Peers at the same bottleneck

Who else supplies this

StockRoleLast1D1MYTDTrend
CRWD
CrowdStrike
Endpoint and cloud security platform $250.4−4.10%−5.9%+113.7%
PANW
Palo Alto Networks
Network, cloud and identity security platform $365.9−3.86%−7.7%+98.6%
FTNT
Fortinet
Firewalls and secure networking $136.1−2.17%−23.9%+71.4%
NET
Cloudflare
Edge network, AI inference and bot defence $280.7−9.54%−20.0%+42.4%
S
SentinelOne
AI-native endpoint security $25.15−2.18%+1.9%+67.7%
OKTA
Okta
Identity for people and AI agents $208.2−6.14%−2.1%+140.8%
CHKP
Check Point Software
Network and cloud security $152.1−0.91%+16.4%−18.0%

Not investment advice. Prices delayed and in local currency. Quotes in "double quotes" are verbatim as reported by the linked source; other commentary is our paraphrase. Earnings dates are estimates.