US · ZS
Zscaler, Inc.
- Sector
- Technology · Software - Infrastructure
- Headquarters
- San Jose, CA 95134
- Website
- zscaler.com
Price · as of 2025-07-31
$139.81
Market cap 23.44B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $191.60 | +37.04% |
| Intrinsic Value(DCF) | $497.86 | +256.1% |
| Graham-Dodd Method(GD) | $7.60 | -94.56% |
| Graham Formula(GF) | — | — |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | |||||
| 2012 | |||||
| 2013 | |||||
| 2014 | |||||
| 2015 | |||||
| 2016 | $0.00 | $0.00 | |||
| 2017 | $0.00 | $0.00 | |||
| 2018 | $37.04 | $118.57 | $1,116.95 | $1.13 | $0.00 |
| 2019 | $48.12 | $50.66 | $1,408.84 | $1.28 | $0.00 |
| 2020 | $151.96 | $88.93 | $802.60 | $0.00 | $0.00 |
| 2021 | $266.66 | $134.72 | $1,722.64 | $0.00 | $0.00 |
| 2022 | $170.09 | $103.64 | $4,014.29 | $0.00 | $0.00 |
| 2023 | $163.59 | $110.37 | $4,778.67 | $0.00 | $0.00 |
| 2024 | $198.26 | $115.06 | $2,491.94 | $3.80 | $0.00 |
| 2025 | $309.88 | $191.60 | $814.64 | $7.60 | $0.00 |
AI valuation
Our deep-learning model estimates Zscaler, Inc.'s (ZS) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $191.60
- Current price
- $139.81
- AI upside
- +37.04%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$497.86
+256.1% upside
Graham-Dodd
$7.60
-94.56% upside
Graham Formula
—
— upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| ZS | Zscaler, Inc. | $139.81 | 23.44B | +37% | +256% | -95% | — | -1153.54 | 26.59 | 17.90 | 409.84 | — | 35.86 | 76.87% | -4.81% | -1.55% | -2.70% | -204.14% | -0.75% | 1.00 | -13.49 | 2.01 | 1.88 | -5.27 | -3077.00% | 2331.00% | 2423.00% | 1.52% | 0.40 | 1154.83% | 0.00% | 0.00% | 0.85% | -358.64 | 63.40 | 17.23 | 6.76 |
| CRWV | CoreWeave, Inc. Class A C… | $79.56 | 40.35B | +43% | +22,287% | — | — | -29.09 | 10.18 | 6.62 | 18.29 | -141.22 | 16.98 | 71.68% | -0.90% | -22.74% | -79.89% | -0.38% | -3.48% | 4.54 | -0.04 | 0.46 | 0.43 | 4.54 | 2060.00% | 16788.00% | 2181.00% | -21.36% | 0.19 | -62.09% | 0.00% | 0.00% | 0.00% | -981.06 | -6.22 | 8.80 | 0.33 |
| DDOG | Datadog, Inc. | $111.96 | 39.47B | -20% | +105% | -90% | -90% | 358.17 | 10.34 | 11.26 | 136.79 | — | 12.11 | 79.96% | -1.29% | 3.14% | 3.34% | -6.49% | 1.73% | 0.41 | -4.01 | 3.38 | 3.28 | 4.35 | -4118.00% | 2768.00% | 1970.00% | 2.59% | 0.66 | 172.50% | 0.00% | 0.00% | 0.00% | -803.41 | 35.63 | 10.40 | 9.16 |
| EA | Electronic Arts Inc. | $200.57 | 50.19B | -33% | -65% | -93% | -86% | 34.85 | 6.12 | 5.24 | 19.34 | — | 54.49 | 79.32% | 20.37% | 15.02% | 16.13% | 16.91% | 8.69% | 0.35 | 26.21 | 0.95 | 0.85 | 0.04 | -962.00% | -131.00% | -1219.00% | 4.76% | 0.60 | 29.60% | 0.51% | 17.80% | 6.93% | 25.68 | 21.01 | 5.23 | 5.64 |
| FTNT | Fortinet, Inc. | $79.03 | 60.56B | +2% | +4% | -83% | -31% | 31.75 | 47.55 | 8.65 | 22.82 | 422.04 | 66.65 | 80.84% | 30.62% | 27.26% | 135.72% | -115.01% | 18.39% | 0.81 | 103.58 | 1.17 | 1.05 | -0.61 | 752.00% | 1417.00% | 1844.00% | 3.78% | 0.51 | -152.08% | 0.00% | 0.00% | 3.89% | 27.02 | 25.27 | 8.27 | 5.20 |
| MPWR | Monolithic Power Systems,… | $1,142.74 | 54.75B | -48% | -31% | -88% | -63% | 89.11 | 14.75 | 19.67 | 68.78 | — | 14.89 | 55.18% | 26.11% | 22.07% | 17.94% | 24.60% | 15.57% | 0.00 | — | 5.91 | 4.09 | -1.41 | -6515.00% | 2643.00% | 372.00% | 1.21% | 2.27 | 27.98% | 0.00% | 0.00% | 0.77% | 73.60 | 80.50 | 19.22 | 60.18 |
| NXPI | NXP Semiconductors N.V. | $227.01 | 57.36B | -20% | -53% | — | -81% | 28.10 | 5.65 | 4.63 | 17.26 | — | -31.73 | 54.43% | 26.98% | 16.47% | 21.01% | 14.66% | 7.93% | 1.22 | 8.62 | 2.05 | 1.11 | 2.35 | -1829.00% | -274.00% | 1791.00% | 4.27% | 0.73 | 13.45% | 1.80% | 50.70% | 3.39% | 19.86 | 27.14 | 5.36 | 3.17 |
| TEAM | Atlassian Corporation | $75.13 | 19.77B | +57% | +285% | — | — | -175.86 | 33.54 | 8.66 | 1807.83 | — | -221.68 | 82.84% | -2.50% | -4.92% | -21.58% | 63.78% | -4.56% | 0.92 | -4.27 | 1.22 | 1.17 | -53.00 | -1552.00% | 1966.00% | 4.00% | 3.14% | 0.46 | -692.42% | 0.00% | 0.00% | 2.49% | -333.17 | 30.69 | 8.33 | 5.72 |
| UI | Ubiquiti Inc. | $766.99 | 46.42B | -59% | +22% | -96% | -38% | 48.82 | 52.01 | 13.51 | 40.67 | 47.35 | 52.22 | 43.42% | 32.50% | 27.66% | 186.53% | 95.85% | 54.33% | 0.45 | 27.30 | 1.65 | 0.57 | 0.17 | 10311.00% | 3345.00% | 1849.00% | 1.81% | 0.90 | 81.38% | 0.42% | 20.40% | 1.81% | 41.74 | 55.63 | 13.56 | 30.76 |
| WDC | Western Digital Corporati… | $279.70 | 94.83B | -65% | -80% | -90% | +9% | 16.87 | 6.00 | 3.35 | 17.80 | — | 32.13 | 38.78% | 24.52% | 19.55% | 23.42% | 18.66% | 9.89% | 0.96 | 6.54 | 1.08 | 0.73 | 1.53 | -29617.00% | 5070.00% | -26440.00% | 4.03% | 0.31 | 10.27% | 0.14% | 2.30% | 10.98% | 14.78 | 26.86 | 3.62 | 3.54 |
| XYZ | Block, Inc. | $63.70 | 38.83B | +18% | -52% | -57% | -72% | 30.26 | 1.78 | 1.63 | 21.80 | — | 4.35 | 42.82% | 7.06% | 5.39% | 6.00% | 6.79% | 3.42% | 0.33 | 13.21 | 2.20 | 1.07 | 0.40 | -5385.00% | 30.00% | 5609.00% | 6.14% | 0.25 | 12.48% | 0.00% | 0.00% | 5.91% | 23.22 | 16.36 | 1.64 | 2.62 |
About Zscaler, Inc.
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.
- CEO
- Jagtar Singh Chaudhry
- Employees
- 7.35K
- Beta
- 1.02
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($497.86 ÷ $139.81) − 1 = +256.1% (DCF, example).