Zscaler Likely To Report Higher Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

by | Feb 26, 2026 | General

Zscaler, Inc. (NASDAQ:ZS) will release earnings results for its second quarter, after the closing bell on Thursday, Feb. 26.

Analysts expect the San Jose, California-based company to report quarterly earnings at 90 cents per share, up from 78 cents per share in the year-ago period. The consensus estimate for Zscaler’s quarterly revenue is $798.92 million, versus $647.9 million a year earlier, according to data from Benzinga Pro.

On Feb. 5, Zscaler announced it has acquired SquareX.

Zscaler shares rose 4.2% to close at $155.70 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • TD Cowen analyst Shaul Eyal maintained the stock with a Buy rating and cut the price target from $330 to $260 on Feb. 24, 2026. This analyst has an accuracy rate of 74%.
  • Rosenblatt analyst Catharine Trebnick maintained a Buy rating with a price target of $280 on Feb. 24, 2026. This analyst has an accuracy rate of 57%.
  • BTIG analyst Gray Powell maintained a Buy rating and cut the price target from $365 to $209 on Feb. 24, 2026. This analyst has an accuracy rate of 65%.
  • Baird analyst Shrenik Kothari maintained an Outperform rating and slashed the price target from $360 to $300 on Feb. 23, 2026. This analyst has an accuracy rate of 62%.
  • JP Morgan analyst Brian Essex maintained an Overweight rating and lowered the price target from $354 to $267 on Feb. 20, 2026. This analyst has an accuracy rate of 56%.

Considering buying ZS stock? Here’s what analysts think:

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