• In late June 2026, the Aston Martin Aramco Formula One Team announced a multi-year partnership to use Zscaler’s Zero Trust Exchange platform to protect car design, race strategy, and real-time data flows between the track and its UK technology campus, with Zscaler branding appearing on the AMR26 and driver overalls from the Austrian Grand Prix.
• This collaboration highlights how data-intensive, high-speed motorsport operations are increasingly relying on advanced zero trust cybersecurity to safeguard competitive and intellectual property assets.
• Next, we’ll examine how Zscaler’s new Aston Martin Aramco partnership might influence its zero trust adoption-focused investment narrative.

Find 44 companies with promising cash flow potential yet trading below their fair value.

Zscaler Investment Narrative Recap

To hold Zscaler, you need to believe zero trust and cloud security platforms can remain differentiated even as hyperscalers and incumbents expand their own offerings. The Aston Martin Aramco deal is high profile marketing for that thesis, but it does not materially change the near term focus on balancing growth with net losses, or the key risk that larger bundled security suites could chip away at Zscaler’s pricing power and long term margins.

Among recent developments, Zscaler’s May 2026 guidance raise, with full year revenue now projected around US$3.33 billion, feels most relevant alongside the Aston Martin Aramco news. Together, they frame a story of growing platform adoption while the company is still unprofitable and competing in a crowded space, which keeps execution and cost discipline central to any near term upside investors might be watching.

Yet behind the Formula One branding, investors should still be aware of how bundled cloud security from hyperscalers could...

Zscaler's narrative projects $5.2 billion revenue and $152.9 million earnings by 2029. This requires 19.9% yearly revenue growth and a $220.5 million earnings increase from -$67.6 million today.

Uncover how Zscaler's forecasts yield a $227.67 fair value, a 55% upside to its current price.

Exploring Other Perspectives

Some of the most optimistic analysts were already assuming Zscaler could reach about US$5.3 billion in revenue and US$244.8 million in earnings by 2029, so this new Aston Martin partnership may either support that upside story or highlight how different your own view could be on competition and profitability.

Explore 5 other fair value estimates on Zscaler - why the stock might be worth just $192.58!

Decide For Yourself

Disagree with existing narratives? Extraordinary investment returns rarely come from following the herd, so go with your instincts.

• A great starting point for your Zscaler research is our analysis highlighting 3 key rewards and 2 important warning signs that could impact your investment decision.
• Our free Zscaler research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Zscaler's overall financial health at a glance.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.