Zscaler expands partnership with Red Canary and CrowdStrike to enhance cloud security and streamline legacy endpoint migrations.
Quiver AI Summary
Zscaler, Inc. announced an expanded partnership with CrowdStrike and Red Canary to enhance security protection across endpoints, users, and workloads. This collaboration aims to facilitate the transition for customers moving from traditional endpoint security solutions to CrowdStrike's Falcon platform, integrating it with Zscaler's Zero Trust Exchange and Red Canary’s AI-driven security operations. The alliance promises to provide a multi-layered defense against threats, delivering quick responses and improved threat detection capabilities. By combining their technologies, Zscaler and CrowdStrike aim to help organizations enhance their security architecture while reducing reliance on legacy systems. This partnership builds on a successful history between the companies, focusing on offering advanced security solutions through automation and integration.
Potential Positives
- The expanded partnership between Zscaler, Red Canary, and CrowdStrike enhances multi-layered security for customers, integrating advanced technologies to improve threat detection and response.
- This collaboration allows customers to modernize their security infrastructure by replacing legacy products with a cloud-native architecture, potentially leading to increased efficiency and reduced operational costs.
- The integration of Zscaler's Zero Trust Exchange platform and CrowdStrike's Falcon platform aims to deliver exceptional security outcomes, supporting Zscaler's positioning as a leader in cloud security.
- The press release highlights an ongoing successful partnership, reinforcing customer confidence in the combined expertise of Zscaler, Red Canary, and CrowdStrike in the cybersecurity landscape.
Potential Negatives
- The press release includes forward-looking statements that warn of risks and uncertainties related to Zscaler's ability to integrate Red Canary technology into its cloud platform, implying potential challenges in future operations.
- The reliance on partnerships with CrowdStrike and Red Canary may highlight Zscaler's dependency on third-party technologies for delivering its solutions, which could pose risks if any partnership dynamics change.
- The mention of a move away from legacy endpoint products suggests that Zscaler may be facing pressure to innovate rapidly, reflecting a competitive and possibly unstable market landscape for cloud security solutions.
FAQ
What is the new partnership between Zscaler and CrowdStrike?
Zscaler and CrowdStrike are partnering with Red Canary to enhance protection across endpoints, users, and workloads through advanced security technologies.
How does the integration of Zscaler and CrowdStrike improve security?
The integration allows customers to replace legacy endpoint products with a cloud-native architecture, enhancing threat detection and response times.
What benefits do customers gain from this partnership?
Customers gain enriched user and endpoint context, multi-layered defense against threats, and improved operational efficiency through automated workflows.
How does this partnership transform security operations?
The partnership combines AI-powered automation, deep endpoint context, and unified security solutions, fundamentally changing how organizations manage security.
What are the expected outcomes of this collaboration?
The collaboration aims to deliver world-class security operations, stopping breaches with real-time threat detection and enhancing overall security architectures.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ZS Insider Trading Activity
$ZS insiders have traded $ZS stock on the open market 61 times in the past 6 months. Of those trades, 0 have been purchases and 61 have been sales.
Here’s a breakdown of recent trading of $ZS stock by insiders over the last 6 months:
- AJAY MANGAL has made 0 purchases and 24 sales selling 310,480 shares for an estimated $74,334,707.
- CHARLES H GIANCARLO has made 0 purchases and 8 sales selling 67,824 shares for an estimated $20,416,445.
- SYAM NAIR (CTO) has made 0 purchases and 3 sales selling 36,364 shares for an estimated $9,138,732.
- ANDREW WILLIAM FRASER BROWN has made 0 purchases and 3 sales selling 30,333 shares for an estimated $8,093,118.
- ROBERT SCHLOSSMAN (Chief Legal Officer) has made 0 purchases and 12 sales selling 21,617 shares for an estimated $5,683,048.
- MICHAEL J. RICH (CRO and President of WW Sales) has made 0 purchases and 3 sales selling 17,853 shares for an estimated $5,039,983.
- ADAM GELLER (Chief Product Officer) has made 0 purchases and 4 sales selling 6,671 shares for an estimated $2,037,037.
- JAGTAR SINGH CHAUDHRY (CEO & Chairman) has made 0 purchases and 2 sales selling 5,004 shares for an estimated $1,294,407.
- RAJ JUDGE (EVP, Corp. Strategy & Ventures) sold 2,957 shares for an estimated $898,047
- REMO CANESSA (Chief Financial Officer) sold 3,721 shares for an estimated $741,019
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$ZS Hedge Fund Activity
We have seen 528 institutional investors add shares of $ZS stock to their portfolio, and 385 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- D. E. SHAW & CO., INC. added 1,879,992 shares (+76546.9%) to their portfolio in Q2 2025, for an estimated $590,204,688
- FMR LLC added 1,639,111 shares (+88.0%) to their portfolio in Q2 2025, for an estimated $514,582,507
- NOMURA HOLDINGS INC removed 1,397,481 shares (-99.7%) from their portfolio in Q2 2025, for an estimated $438,725,185
- DEUTSCHE BANK AG\ removed 1,387,512 shares (-76.8%) from their portfolio in Q2 2025, for an estimated $435,595,517
- HSBC HOLDINGS PLC removed 1,332,637 shares (-95.2%) from their portfolio in Q2 2025, for an estimated $418,368,059
- MARSHALL WACE, LLP removed 1,291,369 shares (-89.0%) from their portfolio in Q2 2025, for an estimated $405,412,383
- GOLDMAN SACHS GROUP INC removed 1,289,378 shares (-42.3%) from their portfolio in Q2 2025, for an estimated $404,787,329
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$ZS Analyst Ratings
Wall Street analysts have issued reports on $ZS in the last several months. We have seen 25 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- JMP Securities issued a "Market Outperform" rating on 07/01/2025
- UBS issued a "Buy" rating on 06/27/2025
- JP Morgan issued a "Overweight" rating on 06/16/2025
- Wells Fargo issued a "Overweight" rating on 06/13/2025
- Cantor Fitzgerald issued a "Overweight" rating on 06/11/2025
- B of A Securities issued a "Buy" rating on 06/09/2025
- Scotiabank issued a "Sector Outperform" rating on 06/06/2025
To track analyst ratings and price targets for $ZS, check out Quiver Quantitative's $ZS forecast page.
$ZS Price Targets
Multiple analysts have issued price targets for $ZS recently. We have seen 30 analysts offer price targets for $ZS in the last 6 months, with a median target of $307.5.
Here are some recent targets:
- Trevor Walsh from JMP Securities set a target price of $355.0 on 07/01/2025
- Roger Boyd from UBS set a target price of $365.0 on 06/27/2025
- Brian Essex from JP Morgan set a target price of $348.0 on 06/16/2025
- Andrew Nowinski from Wells Fargo set a target price of $385.0 on 06/13/2025
- Jonathan Ruykhaver from Cantor Fitzgerald set a target price of $340.0 on 06/11/2025
- Tal Liani from B of A Securities set a target price of $340.0 on 06/09/2025
- Patrick Colville from Scotiabank set a target price of $360.0 on 06/06/2025
Full Release
SAN JOSE, Calif., Aug. 20, 2025 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced an expanded partnership between Red Canary, a Zscaler company, and strategic partner CrowdStrike to deliver enhanced protection across endpoints, users, and workloads. Together, Zscaler and Red Canary are delivering a seamless path forward for customers migrating from legacy endpoint products to CrowdStrike's Falcon platform. By integrating the Zscaler Zero Trust Exchange™ platform, the AI-native CrowdStrike Falcon® platform, and Red Canary’s agentic-AI driven security operations platform, customers gain a multi-layered defense against threats. This powerful combination delivers enriched user and endpoint context, enabling lightning-fast responses to stop and neutralize threats.
Red Canary's agentic-AI driven managed detection and response (MDR) further leverages deep endpoint context from CrowdStrike’s Falcon platform and will be enhanced by the combined power of rich user context from the Zscaler Zero Trust Exchange platform to improve threat detection accuracy and response time.
Organizations can modernize their security by replacing multiple legacy point products with a cloud-native architecture that features AI-powered detection, integrates with Zscaler, and is delivered through Red Canary’s security operations platform. This solution replaces outdated Endpoint Detection and Response tools and fragmented security stacks, providing enhanced protection through automated workflows and integrated responses across endpoint, identity, and network – all within a unified solution.
“Zscaler and CrowdStrike share a vision to enable secure digital transformation with uncompromising protection across every layer of the enterprise,” said Raj Judge, Board Member and EVP of Corporate Strategy at Zscaler. “By expanding our partnership with CrowdStrike through Red Canary, we are accelerating security operations with advanced AI-powered automation, best-of-breed technologies, and a shared commitment to putting our customers first.”
This collaboration builds on a deep, strategic, and successful multi-year partnership between Zscaler and CrowdStrike. As a preferred partner in the Red Canary security operations ecosystem, CrowdStrike strengthens Red Canary’s ability to provide greater flexibility and control – helping customers optimize their security investments and empowering partners to deliver robust managed SOC services. The joint offering enhances partner-delivered MDR services and unlocks new opportunities across the shared ecosystem.
“Organizations are moving away from legacy, point product endpoint vendors in search of platform outcomes and elite protection,” said Daniel Bernard, Chief Business Officer at CrowdStrike. “By expanding our partnership with Red Canary and Zscaler, we’re delivering world-class security operations powered by the Falcon platform, Red Canary’s agentic-AI managed endpoint expertise, and Zscaler’s cloud-native zero trust capabilities. Together, we’re helping customers standardize their security architectures, stopping breaches with real-time threat detection, lightning-fast response, and the confidence that comes with the AI-native Falcon platform.”
“We’re fundamentally transforming the security operations landscape by bringing together three undisputed leaders in cybersecurity that raises the bar for security outcomes,” said Brian Beyer, Co-founder and President of Red Canary, a Zscaler Company. “Our customers are experiencing dramatic improvements in threat detection accuracy, response times, and operational efficiency – proving that when you bring together the best technologies and expertise, you deliver exceptional outcomes.”
Forward-Looking Statements
This press release contains forward-looking statements that are based on our management's beliefs and assumptions and on information currently available to our management. These forward-looking statements include the expected benefits and impacts of the proposed partnership to Zscaler and its customers. These forward-looking statements are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. A significant number of factors could cause actual results to differ materially from statements made in this press release, including those factors related to Zscaler’s ability to successfully integrate Red Canary technology into our cloud platform.
Additional risks and uncertainties are set forth in our most recent Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (“SEC”) on May 29, 2025, which is available on our website at ir.zscaler.com and on the SEC's website at www.sec.gov. Any forward-looking statements in this release are based on the limited information currently available to Zscaler as of the date hereof, which is subject to change, and Zscaler will not necessarily update the information, even if new information becomes available in the future.
About Zscaler
Zscaler (NASDAQ: ZS) accelerates digital transformation so customers can be more agile, efficient, resilient, and secure. The Zscaler Zero Trust Exchange™ platform protects thousands of customers from cyberattacks and data loss by securely connecting users, devices, and applications in any location. Distributed across more than 160 data centers globally, the SASE-based Zero Trust Exchange™ is the world’s largest in-line cloud security platform.
About CrowdStrike
CrowdStrike (NASDAQ: CRWD), a global cybersecurity leader, has redefined modern security with the world’s most advanced cloud-native platform for protecting critical areas of enterprise risk – endpoints and cloud workloads, identity and data.
Powered by the CrowdStrike Security Cloud and world-class AI, the CrowdStrike Falcon® platform leverages real-time indicators of attack, threat intelligence, evolving adversary tradecraft and enriched telemetry from across the enterprise to deliver hyper-accurate detections, automated protection and remediation, elite threat hunting and prioritized observability of vulnerabilities.
Purpose-built in the cloud with a single lightweight-agent architecture, the Falcon platform delivers rapid and scalable deployment, superior protection and performance, reduced complexity and immediate time-to-value.
CrowdStrike: We stop breaches.
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© 2025 CrowdStrike, Inc. All rights reserved. CrowdStrike and CrowdStrike Falcon are marks owned by CrowdStrike, Inc. and are registered in the United States and other countries. CrowdStrike owns other trademarks and service marks and may use the brands of third parties to identify their products and services.
Media Contact:
Nick Gonzalez
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