Zscaler (ZS) to Release Quarterly Earnings on Thursday

Zscaler (NASDAQ:ZS) is projected 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. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS and its Q2 2026 guidance at 0.890-0.900 EPS. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, February 26, 2026 at 4:30 PM ET.

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

Zscaler Trading Down 0.3%

Shares of Zscaler stock opened at $172.13 on Thursday. The stock has a market capitalization of $27.45 billion, a PE ratio of -662.01, a price-to-earnings-growth ratio of 351.83 and a beta of 1.02. Zscaler has a 52 week low of $162.87 and a 52 week high of $336.99. The stock has a 50 day moving average price of $209.72 and a two-hundred day moving average price of $261.03. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.82 and a current ratio of 1.82.

Insider Activity

In other news, EVP Raj Judge sold 3,438 shares of the business’s 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 $793,559.16. Following the transaction, the executive vice president owned 70,394 shares in the company, valued at $16,248,343.08. The trade was a 4.66% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Adam Geller sold 2,060 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total value of $475,489.20. Following the completion of the transaction, the insider directly owned 52,148 shares of the company’s stock, valued at approximately $12,036,801.36. This represents a 3.80% 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. Corporate insiders own 17.20% of the company’s stock.

Hedge Funds Weigh In On Zscaler

A number of hedge funds and other institutional investors have recently made changes to their positions in ZS. First Trust Advisors LP grew its position in Zscaler by 15.9% during the fourth quarter. First Trust Advisors LP now owns 2,582,897 shares of the company’s stock valued at $580,945,000 after buying an additional 354,763 shares during the period. Price T Rowe Associates Inc. MD grew its position in shares of Zscaler by 43.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,572,358 shares of the company’s stock valued at $578,576,000 after acquiring an additional 777,414 shares during the period. State Street Corp increased its stake in shares of Zscaler by 3.4% during the 4th quarter. State Street Corp now owns 2,337,604 shares of the company’s stock worth $525,774,000 after purchasing an additional 77,800 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of Zscaler by 61.8% in the 3rd quarter. AQR Capital Management LLC now owns 1,941,571 shares of the company’s stock worth $576,083,000 after purchasing an additional 741,756 shares during the period. Finally, Morgan Stanley lifted its stake in Zscaler by 25.4% in the fourth quarter. Morgan Stanley now owns 1,557,640 shares of the company’s stock valued at $350,345,000 after purchasing an additional 315,498 shares during the last quarter. 46.45% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ZS has been the subject of several research reports. Rosenblatt Securities reissued a “buy” rating and issued a $365.00 price target on shares of Zscaler in a research report on Wednesday, November 26th. Needham & Company LLC reduced their price objective on shares of Zscaler from $350.00 to $310.00 and set a “buy” rating for the company in a report on Wednesday, November 26th. Truist Financial decreased their target price on shares of Zscaler from $350.00 to $250.00 and set a “buy” rating for the company in a research report on Tuesday. Sanford C. Bernstein raised shares of Zscaler from a “market perform” rating to an “outperform” rating and set a $228.00 price target on the stock in a research report on Friday, February 13th. Finally, Cantor Fitzgerald reiterated an “overweight” rating on shares of Zscaler in a research note on Monday, February 9th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Zscaler currently has an average rating of “Moderate Buy” and a consensus price target of $310.65.

About Zscaler

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.