Zscaler (ZS): Evaluating Valuation Following Strong Q1 Growth, Guidance, and Microsoft AI Collaboration

Zscaler (ZS): Evaluating Valuation Following Strong Q1 Growth, Guidance, and Microsoft AI Collaboration

By Simply Wall St
Publication Date: 2025-11-26 09:19:00

Zscaler (ZS) released its first quarter results, reporting notable year-on-year revenue growth and updating investors with fresh guidance for the coming quarter and full year. The company’s outlook sparked renewed focus on its trajectory within the cybersecurity sector.

See our latest analysis for Zscaler.

Zscaler’s stock has seen powerful momentum this year, with a standout year-to-date share price return of nearly 60% as confidence builds around its AI-driven security platform and expanding partnership with Microsoft. The latest updates and guidance have reinforced long-term optimism, which is reflected in a 37.8% total shareholder return over the past year and an impressive 115% three-year total return.

If you’re looking to discover other innovators in tech and AI security, now is a great time to explore See the full list for free.

With shares already nearing analyst price targets and Zscaler’s rapid growth and innovation fueling bullish sentiment,…