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Stock impact report

Why Wells Fargo Thinks Zscaler (ZS) Can Push Through Recent Noise [Yahoo! Finance]

Zscaler, Inc. (ZS) 
Last zscaler, inc. earnings: 2/20 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
On March 3, 2026, Wells Fargo initiated coverage of Zscaler with an Overweight rating and a $200 price target. Wells Fargo analyst sees a favorable entry point after recent “noise” tied to Red Canary, while expecting Zscaler's core business to remain stable and newer growth areas such as Zero Trust Exchange, data security, and AI to help sustain roughly 20% growth. The note also highlighted the firm's view that Zscaler is deeply embedded in large enterprises, with meaningful penetration across the Fortune 500 and Global 2000, and argued that concerns about logo-based saturation are overstated. The rating followed the company's fiscal second-quarter 2026 results released on February 26, 2026, for the quarter ended January 31, 2026. Revenue increased 26% year over year to $815.8 million, while ARR rose 25% to $3.359 billion. Zscaler also reported non-GAAP EPS of $1.01 and non-GAAP operating income of $181.0 million, or a 22% margin. Management said demand remained strong across its t Show less Read more
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