Zscaler, Inc. (ZS) embodies a narrative of groundbreaking security transformation and rapid expansion, transitioning from a pioneering startup to a leading figure in cloud-based information security. Its trajectory through the stock market, characterized by remarkable annual performance shifts, illustrates Zscaler’s proficiency in navigating the complexities and dynamism of the cybersecurity industry.
Annual Returns of Zscaler Stock (ZS)
| Year | Beginning | Ending | Gain/Loss | S&P 500 |
|---|---|---|---|---|
| 2023 | $110.19 | $221.56 | 101.07% | 24.73% |
| 2022 | $301.83 | $111.90 | -62.93% | -19.95% |
| 2021 | $196.09 | $321.33 | 63.87% | 28.79% |
| 2020 | $47.33 | $199.71 | 321.95% | 15.29% |
| 2019 | $39.81 | $46.50 | 16.80% | 28.71% |
| 2018 | $33.00 | $39.21 | 18.82% | -7.01% |
The table above displays the ZS Yearly Return Rate, highlighting Zscaler’s annual stock performance on a split-adjusted basis. This data does not include dividends, stock spin-offs, taxes, or transaction commissions.
Zscaler (ZS) Stock History
The Foundational Years: Establishing Market Presence (2018)
Zscaler, Inc. initiated its journey in the public market with a promising outlook, establishing a strong foundation in the rapidly evolving cybersecurity sector. This period marked the company’s entry into public trading, setting the stage for its growth trajectory.
2018 Performance: The year began with Zscaler’s stock priced at $33.00, closing at $39.21 by year-end, achieving an 18.82% gain. This was a noteworthy performance, especially considering the S&P 500 faced a downturn of -7.01%, highlighting Zscaler’s resilience and potential in a challenging market.
Momentum and Expansion: Riding the Wave (2019-2020)
As Zscaler solidified its market presence, the following years were characterized by significant growth and bullish investor sentiment, demonstrating the company’s ability to capitalize on the expanding need for cloud-based security solutions.
2019 Surge: Starting at $39.81, Zscaler’s stock witnessed a healthy increase, ending the year at $46.50, marking a 16.80% gain. This period underscored the company’s growing influence in the cybersecurity space, paralleling the tech sector’s overall momentum.
2020 Breakthrough: The year 2020 was transformative for Zscaler, with its stock price catapulting from $47.33 to $199.71, an astonishing 321.95% surge. This remarkable performance not only reflected the heightened demand for cybersecurity in a rapidly digitizing world but also positioned Zscaler as a leading entity in cloud security, outperforming the S&P 500’s gain of 15.29%.
A Year of Correction: Navigating Challenges (2021-2022)
This phase was marked by volatility and correction, as Zscaler navigated through market fluctuations and recalibrated its strategic direction amidst the dynamic cybersecurity landscape.
2021 Resilience: Despite starting at a high of $196.09, Zscaler managed to push its boundaries, ending the year at $321.33, a gain of 63.87%. This year illustrated the company’s strong market position and ability to continue its growth trajectory amid a competitive sector.
2022 Adjustments: Faced with a significant market correction, Zscaler’s stock price adjusted from $301.83 down to $111.90, reflecting a -62.93% downturn. This period was a testament to the harsh realities of market volatility and the challenges within the tech and cybersecurity industries.
Rebounding and Doubling Down: A Strong Comeback (2023)
In a remarkable turnaround, Zscaler rebounded significantly in 2023, showcasing the company’s resilience, strategic adaptability, and the enduring demand for its cloud-based security solutions.
2023 Recovery: The stock price more than doubled from $110.19 to $221.56, culminating in a 101.07% gain. This performance starkly contrasts the prior year’s downturn, illustrating Zscaler’s strong comeback as it outperformed the S&P 500 which returned only 24.74%.