As of October 10, 2026, Zscaler stock had risen for five consecutive days. Shares gained nearly 19% over that period, adding approximately $6.0 billion to the company’s market capitalization.
The rally followed Zscaler’s 2026 Investor Day, where the company reaffirmed its fiscal Q1 guidance. It also outlined a long-term roadmap targeting at least $8 billion in annual recurring revenue by fiscal year 2031.
Momentum was also supported by Zscaler’s announced collaboration with IBM and Red Hat to enhance the security of private applications. Several major banks raised their price targets for Zscaler stock, citing demand for AI-driven security and an expanding market.