Zscaler climbs ahead of results, cybersecurity demand in focus
ZS•Shares rise ahead of quarterly results
Zscaler shares climb 2.5% ahead of quarterly results, with investors watching for signs of strong cybersecurity demand.
The cybersecurity company is expected to post quarterly revenue rise of 22% to $877.4 million and adjusted EPS of $1.09 versus 89 cents a year ago, according to LSEG-compiled data.
Peer CrowdStrike recently beat estimates and raised its annual forecast, citing strong demand.
The stock has sunk about 21% year to date, underperforming the Nasdaq's 14% rise.
It is about 47% below its record high close of $336.27 reached on November 3, 2025.
Zscaler recently traded at 36x forward earnings, far below its five-year average of 113x, per LSEG.
