On August 5, Zscaler Inc. rose 5.01% in regular trading, trading at $162.225/share, with turnover of $209 million.

On the news front, Zscaler announced on August 4 that it was simultaneously recognized as a Leader in both the Gartner Magic Quadrant for SASE Platforms and the Magic Quadrant for Security Service Edge. Notably, the company has now been named a Leader in SSE for five consecutive years, reinforcing its dominant position in cloud security architecture.

The recognition comes amid a series of positive developments for Zscaler, including a strategic partnership with Amazon Web Services for joint integrations and go-to-market activities, as well as the launch of industry-first zero trust platform innovations to secure agentic AI deployments. Analysts at RBC Capital Markets and Wedbush have highlighted expanding opportunities driven by AI-related cybersecurity threats, with the company's serviceable addressable market estimated at $120 billion including over $16 billion in AI security alone. Guggenheim recently upgraded the stock to buy with a $214 price target.

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