Zscaler Stock Soars 7.45%, Hits Intraday High of $139.90

Zscaler, Inc., a mid-cap player in the Commercial Services & Supplies industry, has experienced a notable increase of 7.45% on May 29, 2026, reaching an intraday high of USD 139.90. This uptick comes amidst a backdrop of challenging financial metrics, including a significant decline in pre-tax and net profits reported on April 26. The pre-tax profit fell to USD -0.78 million, a drop of 117.19%, while the net profit decreased to USD -12.3 million, marking a staggering decline of 198.28%. Despite the recent price movement, Zscaler's stock has faced considerable headwinds over the past year, generating a return of -44.36%. Additionally, promoter confidence appears to be waning, as stakeholders have reduced their holdings by 0.83% in the last quarter, now holding just 0.04% of the company. The stock's performance has also lagged behind the S&P 500 over various time frames, indicating challenges in both short-term and long-term growth. With a market capitalization of USD 24,712 million, Zscaler continues to navigate a complex financial landscape.