Zscaler Inc. is set to report fiscal fourth-quarter earnings after market close on Thursday, with investors assessing both the quarterly results and the company’s outlook for fiscal 2027.
Analysts expect adjusted earnings of $1.09 per share on revenue of $876.96 million, up 21.94% year-over-year. The consensus among 44 analysts remains a buy rating, with a mean price target of $199.34, implying roughly 15% upside from the current $172.73 share price. Firms including Jefferies, JPMorgan, Barclays, and KeyBanc have recently raised their targets.
The earnings release follows Zscaler’s May guidance, which projected revenue growth of 16% to 17% for fiscal 2027. That outlook triggered a 31% single-session selloff, though the stock has since recovered about 31% from June lows. Zscaler now trades at roughly 6.6 times revenue, below the 10.7 times multiple of faster-growing cybersecurity peers.
In the prior quarter, Zscaler delivered a 6.93% earnings-per-share beat and a 1.79% revenue surprise. The company operates in the Secure Access Service Edge (SASE) market, with initiatives such as Z-Flex adoption, Zero Trust Everywhere, Data Security, and AI Security. Zscaler also highlighted its Red Canary acquisition as part of its expanding portfolio. Peers including CrowdStrike and Palo Alto Networks are active in the same competitive landscape.
