Preview: Zscaler climbs ahead of results, cybersecurity demand in focus
03/09/2026 17:52
BUZZ-PREVIEW-Zscaler climbs ahead of results, cybersecurity demand in focus ** Zscaler ZS.O shares climb 2.5% ahead of quarterly results, with investors watching for signs of strong cybersecurity demand
** The cybersecurity co is expected to post quarterly revenue rise of 22% to $877.4 mln and adj EPS of $1.09 vs 89 cents a year ago, per LSEG-compiled data
** Peer CrowdStrike CRWD.O recently beat estimates and raised its annual forecast, citing strong demand
** Stock has sunk ~21% YTD, underperforming the Nasdaq's .IXIC 14% rise
** The stock is about 47% below its record high close of $336.27 reached on November 3, 2025
** ZS recently traded at 36x forward earnings, far below its 5-yr avg of 113x, per LSEG
(Reporting by Noel Randewich)