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Stock Comparison · Valuation-led comparison

Tempus AI vs Zscaler: Which Stock Looks Stronger in 2026?

Zscaler leads structurally, with valuation as the clearest single gap between the two profiles. Tempus AI still has the edge on growth, which keeps the comparison from looking entirely one-sided. Both sides have seen trend damage — neither carries a clear market edge right now. With both trends damaged, the structural comparison carries most of the weight here.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the Russell 1000 universe, making them directly comparable.

Updated 2026-04-26

Valuation still does most of the heavy lifting in this comparison. Zscaler, Inc. leads by 8 points on the overall comparison score.

Trajectory Similarity
0.68
Moderately similar
Peer-set rank: #9
within Tempus AI, Inc.'s functional peer set

This pair is matched through long-term financial trajectory similarity within the selected peer universe.

This level of similarity points to a meaningful structural match, though not a tight one.

The strongest overlap appears in capital structure and margin trend.

Similarity drivers
capital structuremargin trend
What reduces the match
recent revenue growth
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
TEM
Tempus AI, Inc.
35
Peer-Score
Signal qualitylow
Peer basis: Russell 1000
vs
ZS
Zscaler, Inc.
43
Peer-Score
Signal qualitylow
Peer basis: Russell 1000

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

Pricing shapes this comparison more than a broad operating gap.

Dimension spread: TEM vs ZS Profitability 0 8 Stability 31 25 Valuation 30 66 Growth 100 80 TEM ZS
Gap Ranking
#1 Valuation +36
#2 Growth +20
#3 Profitability +8
#4 Stability +6
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for TEM and ZS Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer TEMZS Relative valuation Structural strength

The two profiles are relatively close, but the price setup still leans toward Zscaler, Inc..

Valuation position uses peer-relative valuation score and Forward P/E where available.

Relative Position vs Comparable Companies
Valuation
On valuation, Zscaler, Inc. ranks near the top of the group; Tempus AI, Inc. sits in the weaker half.
Growth
The same pattern holds on growth: both sit in the stronger range, with Tempus AI, Inc. still higher.
Valuation — Dominant Gap
TEM
30
ZS
66
Gap+36in favour of ZS

The main spread comes from a meaningfully cheaper peer-relative valuation.

What keeps the gap from being one-sided

Tempus AI still pushes back on growth, with a 57-point revenue-growth advantage that keeps the read from becoming one-way.

What this means for the comparison

The valuation lead is clear, but pricing and growth still pull in the other direction — the result holds, but not without friction.

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Break down the TEM vs ZS comparison across all dimensions with the full interactive tool.

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Other comparisons with conflicting dimension signals

Explore how TEM and ZS each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.