Skip to contentHome page Seeking Alpha - Power to InvestorsFeb. 26, 2026 7:49 AM ETZscaler, Inc. (ZS) StockStar Investments7.03K FollowersCommentsZscaler has faced a significant stock decline amid SaaSpocalypse fears and investor reaction to its Q1 FY2026 results.Its AI Security business, including AI Guard and Agentic Operations, is positioned to monetize non-human users, mitigating SaaS seat-based risk.AI Security reached $400M ARR by Q1 2026, surpassing FY26 targets and establishing a new, rapidly growing revenue pillar.ZS trades at a premium (TTM non-GAAP P/E 49.61), but innovation in AI security and a robust pipeline may justify buying on the dip.hapabapa/iStock Editorial via Getty ImagesMy November 12, 2025 article recommended buying Zscaler (NASDAQ: ZS). Unfortunately, that recommendation has yet to prove fruitful. Poor investor reaction to the company’s first-quarter fiscal year ("FY") 2026 results, released on November 25, 2025, was largely responsible for theThis article was written byStar Investments7.03K FollowersI have been a Merchant Seaman that has traveled the world for over 30 years. Within the last 15 years, I developed a very intense interest in investing. I learned a lot of what I know about investing from The MF. Also because I have a engineering background, I often tend to gravitate to Tech stocksAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.CommentsTo ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.Is this happening to you frequently? Please report it on our feedback forum.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.