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May 27, 2026 8:00 AM

These Analysts Cut Their Forecasts On Zscaler After Q3 Results

Zscaler Inc. (NASDAQ:ZS) on Tuesday reported upbeat financial results for the third quarter, but issued fourth-quarter sales guidance with its midpoint below estimates.

Zscaler posted third-quarter revenue of $850.48 million, beating the consensus estimate of $835.38 million. The cybersecurity company reported third-quarter adjusted earnings of $1.08 per share, beating analyst estimates of $1.01 per share, according to Benzinga Pro.

"Zscaler is ideally positioned as the cybersecurity platform for the AI era. Our differentiated Zero Trust SASE architecture, which hides applications from attackers and eliminates lateral movement, has never been more essential in securing against threats exposed by frontier models and compromised AI agents," said Jay Chaudhry, chairman and CEO of Zscaler.

Zscaler expects fourth-quarter revenue to be in the range of $875 million to $878 million, versus estimates of $878.53 million. The company ...