Zscaler (ZS) Stock Reverses Course Upward: Time to Buy?
Considering Zscaler's (ZS) recent financial performance, industry trends and future prospects, we believe that the stock would carry its recent upward momentum further.
Why Did Zscaler Stock Climb 13% in June?
Zscaler released impressive quarterly results just before June. Multiple cybersecurity leaders posted great results in May and June.
Zscaler Stock Is Undervalued And Positioned For High Growth
Zscaler's lower current P/S ratio suggests potential upside despite anticipated contraction, supported by high future estimated revenue growth and a strong position in SaaS cybersecurity. Key products include Zscaler Internet Access and Private Access, Zero Trust Exchange, and recognized leadership in Gartner Magic Quadrant, serving over 30% of Forbes Global 2000. Strong revenue growth but no net profit yet; high stock-based compensation dilutes value but attracts talent; balance sheet weaker than competitors, raising concerns about growth and acquisition capacity.
Zscaler: Zero Trust Disrupting Traditional Firewall Architecture - Initiating With A Buy
Zscaler is positioned in cloud security, offering services for users, workloads, cloud, and IoT/OT, with the potential to disrupt legacy firewall+VPN structure. ZS's Zero Trust platform provides integrated network and cloud security, enabling management of users, devices, and applications from any location. Large deals and bundles have accelerated the Company's margin and billing growth, with a forecast of 30%+ revenue growth in FY25 and a one-year price target of $230 per share.
Zscaler (ZS) Just Reclaimed the 20-Day Moving Average
Zscaler (ZS) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, ZS broke through the 20-day moving average, which suggests a short-term bullish trend.
Earnings Estimates Moving Higher for Zscaler (ZS): Time to Buy?
Zscaler (ZS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Wall Street Analysts Believe Zscaler (ZS) Could Rally 27.05%: Here's is How to Trade
The consensus price target hints at a 27.1% upside potential for Zscaler (ZS). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Brokers Suggest Investing in Zscaler (ZS): Read This Before Placing a Bet
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Is It Too Late to Buy Zscaler Stock?
Zscaler posted strong fiscal Q3 results, including its first profitable quarter. The company takes a zero-trust approach to cybersecurity that's winning customers.
Investors Heavily Search Zscaler, Inc. (ZS): Here is What You Need to Know
Zscaler (ZS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Here's Why Zscaler (ZS) is a Strong Momentum Stock
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1 Incredible Growth Stock Down 15% That Seems Set to Make a Big Move
Zscaler stock is up thanks to its better-than-expected fiscal 2024 Q3 numbers and improved guidance. The addition of AI tools to its cybersecurity platform helps Zscaler win a bigger share of its customers' wallets.
