Market Summary
USD108.13+0.46
Market Closed0.43%
ZS Stock Price
ZS RSI Chart
ZS Valuation
ZS Price/Sales (Trailing)
ZS Profitability
ZS Fundamentals
ZS Revenue
ZS Earnings
Price Action
52 Week Range
99.64253.74
(Low)(High)
Last 7 days
-6.3%
Last 30 days
-19.6%
Last 90 days
-8.1%
Trailing 12 Months
-45.2%
ZS Financial Health
ZS Investor Care
Peers (Alternatives to Zscaler)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
MSFT | 2.1T | 204.1B | -1.92% | -6.89% | 30.5 | 10.08 | 10.38% | -5.25% |
ORCL | 228.6B | 46.1B | -7.20% | 4.35% | 25.98 | 4.96 | 11.29% | -14.28% |
CRM | 186.7B | 31.4B | 6.91% | -6.75% | 897.78 | 5.96 | 19.41% | -85.60% |
ADBE | 163.2B | 17.6B | -11.04% | -20.88% | 34.32 | 9.27 | 11.54% | -1.37% |
ZM | 20.9B | 4.4B | -7.13% | -28.23% | 201.15 | 4.75 | 7.15% | -92.46% |
AZPN | 12.1B | - | -3.12% | 49.09% | 44.35 | 17.39 | - | - |
| MID-CAP | ||||||||
PLAN | 9.6B | 631.5M | -1.97% | 16.85% | -45.68 | 15.19 | 33.30% | -26.60% |
MANH | 8.9B | 767.1M | -2.98% | 9.04% | 69.2 | 11.63 | 15.59% | 16.73% |
GWRE | 6.5B | 869.9M | 3.14% | -9.62% | -33 | 7.53 | 13.87% | -103.37% |
APPN | 3.1B | 468.0M | 2.00% | -15.48% | -20.53 | 6.62 | 26.74% | -70.26% |
PING | 2.4B | 308.3M | 1.17% | 7.67% | -23.16 | 7.93 | 13.75% | -237.98% |
| SMALL-CAP | ||||||||
ZUO | 1.2B | 383.7M | 4.07% | -32.35% | -9.91 | 3.24 | 14.43% | -50.89% |
YEXT | 1.2B | 399.9M | 30.95% | 57.36% | -14.32 | 2.91 | 4.73% | 8.15% |
UPLD | 152.1M | 317.3M | -43.48% | -70.17% | -2.22 | 0.48 | 5.06% | -17.52% |
Financials for Zscaler
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Revenue | 10.9% | 1,348 | 1,216 | 1,091 | 970 | 860 |
| Gross Profit | 10.8% | 1,051 | 949 | 849 | 751 | 665 |
| Operating Expenses | 6.6% | 1,355 | 1,271 | 1,176 | 1,063 | 935 |
| S&GA Expenses | 7.5% | 871 | 810 | 735 | 657 | 581 |
| R&D Expenses | 5.5% | 315 | 299 | 289 | 267 | 232 |
| EBITDA | 10.1% | -282 | -314 | -327 | -312 | - |
| EBITDA Margin | 18.9% | -0.21* | -0.26* | -0.30* | -0.32* | - |
| Earnings Before Taxes | 12.4% | -314 | -358 | -383 | -368 | -323 |
| EBT Margin | 21.0% | -0.23* | -0.30* | -0.35* | -0.38* | - |
| Interest Expenses | -28.8% | 31.00 | 44.00 | 57.00 | 56.00 | 55.00 |
| Net Income | 11.7% | -324 | -367 | -390 | -373 | -330 |
| Net Income Margin | 20.3% | -0.24* | -0.30* | -0.36* | -0.39* | - |
| Free Cahsflow | 13.6% | 306 | 269 | 253 | 202 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Assets | 7.2% | 3,040 | 2,836 | 2,833 | 2,525 | 2,422 |
| Current Assets | 8.2% | 2,416 | 2,233 | 2,257 | 2,047 | 1,989 |
| Cash Equivalents | 15.9% | 1,257 | 1,085 | 1,013 | 595 | 410 |
| Net PPE | 9.3% | 200 | 183 | 161 | 142 | 121 |
| Goodwill | 0.1% | 79.00 | 79.00 | 79.00 | 60.00 | 1.00 |
| Liabilities | 4.4% | 2,511 | 2,404 | 2,259 | 1,993 | 1,883 |
| Current Liabilities | 8.3% | 1,204 | 1,111 | 1,134 | 913 | 836 |
| Long Term Debt | 17.6% | 1,140 | 969 | 955 | 941 | - |
| Shareholder's Equity | 22.6% | 529 | 431 | 573 | 532 | 539 |
| Retained Earnings | -6.0% | -1,013 | -956 | -991 | -894 | -792 |
| Additional Paid-In Capital | 8.6% | 1,547 | 1,425 | 1,591 | 1,450 | 1,341 |
| Accumulated Depreciation | 10.8% | 132 | 119 | 108 | 96.00 | - |
| Shares Outstanding | 0.6% | 145 | 144 | 143 | 142 | 141 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Cashflow From Operations | 11.5% | 398 | 357 | 322 | 264 | 260 |
| Share Based Compensation | 2.5% | 436 | 425 | 410 | 375 | 329 |
| Cashflow From Investing | 29.7% | 410 | 316 | 374 | 186 | 14.00 |
| Cashflow From Financing | -3.0% | 39.00 | 40.00 | 41.00 | 39.00 | 40.00 |
Risks for ZS
What is the probability of a big loss on ZS?
96.9%
Probability that Zscaler stock will be more than 20% underwater in next one year
52.7%
Probability that Zscaler stock will be more than 30% underwater in next one year.
39.6%
Probability that Zscaler stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does ZS drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Zscaler was unfortunately bought at previous high price.
Drawdowns
Returns for ZS
Cumulative Returns on ZS
26.7%
5-Year Cumulative Returns
37.0%
3-Year Cumulative Returns
What are the long-term rolling returns for ZS?
FIve years rolling returns for Zscaler.
Annualized Returns
Which funds bought or sold ZS recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-15 | B. Riley Wealth Advisors, Inc. | added | 3.36 | -200,208 | 474,792 | 0.01% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | added | 2.01 | -4,147,760 | 9,427,240 | 0.01% |
2023-03-06 | NORTH STAR ASSET MANAGEMENT INC | added | 8.31 | -993,997 | 2,790,000 | 0.17% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -64.37 | -692,000 | 220,000 | -% |
2023-03-06 | Rockefeller Capital Management L.P. | new | - | 2,000 | 2,000 | -% |
2023-03-02 | OLIVER LAGORE VANVALIN INVESTMENT GROUP | added | 101 | 3,869 | 12,869 | 0.01% |
2023-02-28 | Mezzasalma Advisors, LLC | reduced | -13.93 | -918,722 | 1,300,280 | 1.13% |
2023-02-28 | Voya Investment Management LLC | reduced | -2.25 | -695,711,000 | 322,139,000 | 0.46% |
2023-02-27 | Parallax Volatility Advisers, L.P. | reduced | -54.91 | -24,348,900 | 10,784,100 | 0.02% |
2023-02-24 | National Pension Service | reduced | -99.98 | -23,186,100 | 2,798 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Zscaler News
Schedule 13G FIlings of Zscaler
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | mangal ajay | 20.42% | 29,449,532 | SC 13G/A | |
| Feb 14, 2023 | chaudhry jagtar singh | 18.64% | 26,885,465 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 5.67% | 8,183,936 | SC 13G/A | |
| Feb 16, 2022 | chaudhry jagtar singh | 19.24% | 26,950,354 | SC 13G/A | |
| Feb 16, 2022 | mangal ajay | 21.02% | 29,449,532 | SC 13G/A | |
| Feb 09, 2022 | blackrock inc. | 4.9% | 6,889,700 | SC 13G/A | |
| Feb 07, 2022 | blackrock inc. | 5.0% | 7,036,751 | SC 13G | |
| Feb 12, 2021 | chaudhry jagtar singh | 20.0% | 26,838,047 | SC 13G/A | |
| Feb 12, 2021 | mangal ajay | 22.17% | 29,749,532 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 5.07% | 6,806,813 | SC 13G |
ZS Fair Value
Zscaler fair value in different scenarios
The table shows the Fair Value estimates for Zscaler for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 2.13 -98.03% | 4.44 -95.89% | 12.66 -88.29% | 27.32 -74.73% | 56.72 -47.54% |
| Current Inflation | 1.95 -98.20% | 4.00 -96.30% | 11.12 -89.72% | 23.60 -78.17% | 48.53 -55.12% |
| Very High Inflation | 1.73 -98.40% | 3.47 -96.79% | 9.30 -91.40% | 19.30 -82.15% | 39.13 -63.81% |
Historical Zscaler Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Zscaler
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 08, 2023 | 10-Q | Quarterly Report | |
| Mar 02, 2023 | 8-K | Current Report | |
| Feb 14, 2023 | SC 13G/A | Major Ownership Report | |
| Feb 14, 2023 | SC 13G/A | Major Ownership Report | |
| Feb 09, 2023 | SC 13G/A | Major Ownership Report | |
| Jan 19, 2023 | 8-K | Current Report | |
| Jan 17, 2023 | 4 | Insider Trading | |
| Jan 17, 2023 | 4 | Insider Trading | |
| Jan 17, 2023 | 4 | Insider Trading | |
| Jan 17, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for ZS
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-01-13 | Giancarlo Charles H | acquired | - | - | 1,681 | - |
2023-01-13 | Naughton Eileen | acquired | - | - | 1,681 | - |
2023-01-13 | Schneider David | acquired | - | - | 1,681 | - |
2023-01-13 | BLASING KAREN | acquired | - | - | 1,681 | - |
2023-01-13 | Brown Andrew William Fraser | acquired | - | - | 1,681 | - |
2023-01-13 | Sinha Amit | acquired | - | - | 1,681 | - |
2023-01-13 | Darling Scott C | acquired | - | - | 1,681 | - |
2022-12-23 | Brown Andrew William Fraser | bought | 543,900 | 108 | 5,000 | - |
2022-12-16 | CANESSA REMO | sold | -716,674 | 114 | -6,279 | chief financial officer |
2022-12-16 | Schlossman Robert | sold | -579,937 | 114 | -5,081 | chief legal officer |
Zscaler, Inc. operates as a cloud security company worldwide. The company provides Zscaler Internet Access solution that provides users, servers, operational technology, Internet of Things device secure access to externally managed applications, including software-as-a-service (SaaS) applications and Internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds. It also offers Zscaler Digital Experience that measures end-to-end user experience across business applications, as well as provides an easy to understand digital experience score for each user, application, and location within an enterprise. In addition, the company provides workload segmentation solutions comprising Zscaler Cloud Security Posture Management that identifies and remediates application misconfigurations in SaaS, infrastructure as a service, and platform as a service to reduce risk and ensure compliance with industry and organizational benchmarks; and Zscaler Cloud Workload Segmentation, which is designed to secure application-to-application communications inside public clouds and data centers to stop lateral threat movement, as well as prevents application compromise and reduces the risk of data breaches. Its platform modules include Zscaler Central Authority, Zscaler Enforcement Node, and Zscaler Log Servers. It serves customers in airlines and transportation, conglomerates, consumer goods and retail, financial services, healthcare, 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.
ZS Income Statement
2023-01-31Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jan. 31, 2023 | Jan. 31, 2022 | Jan. 31, 2023 | Jan. 31, 2022 | |
| Income Statement [Abstract] | ||||
| Revenue | $ 387,598 | $ 255,563 | $ 743,146 | $ 486,080 |
| Cost of revenue | 87,604 | 57,783 | 164,301 | 109,952 |
| Gross profit | 299,994 | 197,780 | 578,845 | 376,128 |
| Operating expenses: | ||||
| Sales and marketing | 235,945 | 175,073 | 464,781 | 328,859 |
| Research and development | 85,765 | 69,195 | 160,711 | 134,411 |
| General and administrative | 43,522 | 37,444 | 87,678 | 71,161 |
| Total operating expenses | 365,232 | 281,712 | 713,170 | 534,431 |
| Loss from operations | (65,238) | (83,932) | (134,325) | (158,303) |
| Interest income | 12,669 | 557 | 20,534 | 1,030 |
| Interest expense | (1,333) | (14,040) | (2,664) | (27,875) |
| Other income (expense), net | 141 | (844) | (722) | (1,433) |
| Loss before income taxes | (53,761) | (98,259) | (117,177) | (186,581) |
| Provision for income taxes | 3,692 | 2,161 | 8,438 | 4,640 |
| Net loss | $ (57,453) | $ (100,420) | $ (125,615) | $ (191,221) |
| Net loss per share, basic (in dollars per share) | $ (0.40) | $ (0.71) | $ (0.87) | $ (1.37) |
| Net loss per share, diluted (in dollars per share) | $ (0.40) | $ (0.71) | $ (0.87) | $ (1.37) |
| Weighted-average shares used in computing net loss per share, basic (in shares) | 144,511 | 140,515 | 144,001 | 139,901 |
| Weighted-average shares used in computing net loss per share, diluted (in shares) | 144,511 | 140,515 | 144,001 | 139,901 |
ZS Balance Sheet
2023-01-31Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Jan. 31, 2023 | Jul. 31, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 1,257,012 | $ 1,013,210 |
| Short-term investments | 648,332 | 718,129 |
| Accounts receivable, net | 358,614 | 399,745 |
| Deferred contract acquisition costs | 96,105 | 86,210 |
| Prepaid expenses and other current assets | 56,046 | 39,353 |
| Total current assets | 2,416,109 | 2,256,647 |
| Property and equipment, net | 200,468 | 160,633 |
| Operating lease right-of-use assets | 69,848 | 72,357 |
| Deferred contract acquisition costs, noncurrent | 219,046 | 210,792 |
| Acquired intangible assets, net | 26,716 | 31,819 |
| Goodwill | 78,547 | 78,547 |
| Other noncurrent assets | 29,222 | 21,870 |
| Total assets | 3,039,956 | 2,832,665 |
| Current liabilities: | ||
| Accounts payable | 33,632 | 26,154 |
| Accrued expenses and other current liabilities | 43,547 | 46,496 |
| Accrued compensation | 97,293 | 111,948 |
| Deferred revenue | 1,000,359 | 923,749 |
| Operating lease liabilities | 29,173 | 26,100 |
| Total current liabilities | 1,204,004 | 1,134,447 |
| Convertible senior notes, net | 1,140,516 | 968,674 |
| Deferred revenue, noncurrent | 111,521 | 97,374 |
| Operating lease liabilities, noncurrent | 46,233 | 50,948 |
| Other noncurrent liabilities | 9,025 | 7,922 |
| Total liabilities | 2,511,299 | 2,259,365 |
| Commitments and contingencies (Note 9) | ||
| Stockholders’ Equity | ||
| Common stock; $0.001 par value; 1,000,000 shares authorized as of January 31, 2023 and July 31, 2022; 145,087 and 143,038 shares issued and outstanding as of January 31, 2023 and July 31, 2022, respectively | 145 | 143 |
| Additional paid-in capital | 1,547,203 | 1,590,885 |
| Accumulated other comprehensive loss | (5,037) | (25,850) |
| Accumulated deficit | (1,013,654) | (991,878) |
| Total stockholders’ equity | 528,657 | 573,300 |
| Total liabilities and stockholders’ equity | $ 3,039,956 | $ 2,832,665 |