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$168.68+3.74%as of Aug 7, 2026
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ZS rose +3.7% alongside a strong cyber peer tape, with PANW +1.2%, CRWD +3.4% and NOW +6.4%; the move looks sector-supported rather than stock-specific. Fundamentals remain solid with revenue +24.6% YoY and a 76.7% gross margin, but a 32.3 forward PE means expectations are still elevated.

ZS

ZSCALER INC

As of Aug 7, 2026

67/100

Worth keeping an eye onHealth Score

Move driver

ZS moved +3.7% while the S&P 500 rose +0.6% and the Nasdaq 100 rose +1.2%, so the stock beat the market by a wide margin. The sector was also firm, with ORCL +2.5%, PANW +1.2%, CRWD +3.4% and NOW +6.4%, which points to a cyber/software tape rather than a company-specific catalyst as the main driver.

Volatility read

The move is within the kind of range a high-expectation software name can show: beta is 0.93, revenue is still growing +24.6% YoY on a TTM basis and +25.4% YoY in the latest quarter, and gross margin is 76.7%. But operating margin is -4.7% and net margin is -2.4%, while the forward PE is 32.3; the PEG is -113.91, which is not meaningful here because EPS growth is not positive. That mix says the business is still growing well, but valuation leaves the shares sensitive to sentiment shifts, so the gain is more a sector-backed move than a fresh fundamental re-rating.

Earnings setup

The next earnings date is 2026-09-03. The facts provided do not include current consensus revenue, EPS, or margin expectations, so I cannot quote a third-party forecast range here. What the market will likely focus on, given the current facts, is whether revenue growth stays near +24.6% to +25.4% YoY, whether gross margin remains near 76.7%, and whether operating losses narrow from -4.7% as AI/security demand and competitive pressure around Zscaler's moat play out.

This report is for informational and educational purposes only. It does not constitute financial, investment, tax, or legal advice. The platform does not recommend buying or selling any security.

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