Zscaler (ZS) closed at $201.63 in the latest trading session, marking a -1.49% move from the prior day.
ZS' leadership in the rapidly expanding Zero Trust market, steady financial performance and strong innovation pipeline make it a compelling investment option.
Recently, Zacks.com users have been paying close attention to Zscaler (ZS). This makes it worthwhile to examine what the stock has in store.
In the most recent trading session, Zscaler (ZS) closed at $192.70, indicating a -0.12% shift from the previous trading day.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
In the latest trading session, Zscaler (ZS) closed at $187.55, marking a -1.28% move from the previous day.
Recently, Zacks.com users have been paying close attention to Zscaler (ZS). This makes it worthwhile to examine what the stock has in store.
In the most recent trading session, Zscaler (ZS) closed at $189.98, indicating a +1.44% shift from the previous trading day.
Jay Chaudhry, Zscaler CEO, joins 'Closing Bell Overtime' to talk China-U.S. cybersecurity concerns.
Zscaler (ZS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
I'm reiterating my buy rating on Zscaler with an updated price target of $208 for the company, based on 9.5x EV/FY26 revenue. The stock has slid ~15% over the past 12 months, putting Zscaler at only a slight premium to software industry heavyweights like Salesforce despite Zscaler's superior growth profile. Longer term, Zscaler continues to enjoy secular tailwinds in cloud adoption that are allowing it to gain market share over legacy cybersecurity incumbents.
Amidst a frothy tech market, Zscaler is curiously performing weakly. I expect the company to achieve GAAP profitability on a sustainable basis some time this year. Management's guidance suggests billings growth acceleration in the second half, with a full-year revenue growth forecast of 21.8%.