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Zscaler Poised for Continued Momentum in Fiscal 2026 And Beyond, Truist Securities Says
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Zscaler Poised for Continued Momentum in Fiscal 2026 And Beyond, Truist Securities Says
Sep 3, 2025 8:04 AM

10:51 AM EDT, 09/03/2025 (MT Newswires) -- Zscaler ( ZS ) is poised to see continued momentum in fiscal 2026 and beyond, Truist Securities said in a research note, noting that the company's "solid" fiscal Q4 results were driven by large deals and growing customer demand.

On Tuesday, Zscaler ( ZS ) posted better-than-expected fiscal Q4 results, and said it expected 2026 adjusted earnings per share of $3.64 to $3.68 on revenue of $3.27 billion to $3.28 billion with analysts expecting $3.66 and $3.20 billion, respectively.

Zscaler's ( ZS ) emerging products saw growing platform adoption and traction, with Zero Trust Everywhere Enterprises for Branch expected to be significant contributor in fiscal 2026 on new deals signed in fiscal Q4, Truist said.

Truist analysts also said that Zscaler's ( ZS ) acquisition of managed detection and response vendor Red Canary will accelerate the company's roadmap in security operations.

The firm rated Zscaler ( ZS ) as buy with a $350 price target.

Price: 265.36, Change: -9.21, Percent Change: -3.35

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