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 latest trading session, Zscaler (ZS) closed at $186.78, marking a -1.62% move from the previous day.
Jay Chaudhry, CEO of Zscaler, discusses using AI and improving legal avenues to better address emerging and evolving cybersecurity issues.
In the most recent trading session, Zscaler (ZS) closed at $183.93, indicating a +1.61% shift from the previous trading day.
Zscaler (ZS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
In the closing of the recent trading day, Zscaler (ZS) stood at $188.76, denoting a -1.46% change from the preceding 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?
Zscaler (ZS) concluded the recent trading session at $198.26, signifying a +1.41% move from its prior day's close.
Zscaler (ZS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Despite ZS' elevated valuation and slowing growth, its long-term prospects in AI-driven cybersecurity justify holding the stock.
Zscaler's operating profit grew 85% CAGR from FY2020 to FY2024, while free cash flow CAGR was at 115% during the same period, achieving strong growth in profitability. FY2025 outlook shows expected revenue growth of 20-21%, with stronger second-half billings driven by improved sales productivity, a robust pipeline, and second half weighted contracted non-cancelable billings. Zscaler's Zero Trust platform and AI analytics solutions are gaining traction, with notable new logo wins and upsell deals, including in the public sector.
Zscaler's share price has declined due to weak FY25 guidance, but current weakness is likely to prove temporary, presenting an attractive entry point. Current weakness is in large part the result of changes to the sales organization and subsequent attrition. Attrition now appears to be normalizing. Revenue growth is expected to stabilize in the second half of FY25, driven by new and upsell business and improved sales productivity.