Zacks.com users have recently been watching Zscaler (ZS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Zscaler Inc. shares are down 18% so far this year, and JPMorgan sees a buying opportunity in the cybersecurity name.
Zscaler (ZS), through its partnership with NVIDIA, aims to bolster its Zero Trust capabilities by leveraging the latter's advanced AI technologies.
Zscaler's growth cooled off over the past year. Its margins are still expanding, but its stock isn't cheap.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Zscaler, Inc. (NASDAQ:ZS ) Bank of America Global Technology Conference June 5, 2024 12:20 PM ET Company Participants Steven House - SVP, Product Management Remo Caness - CFO Conference Call Participants Tal Liani - Bank of America Tal Liani Steve House, welcome. First of all, I think it's the first time I'm hosting you for one of these sessions.
Though they popped 15% in the immediate aftermath of last week's earnings, shares of Zscaler Inc. NASDAQ: ZS have been quickly retracing their steps. The fact they're only marginally above the level where they were trading going into last week's fiscal Q3 release will be frustrating for investors, especially as the results were good.
The cybersecurity company is delivering best-in-class revenue growth amid challenging macroeconomic conditions.
Cybercrime is causing trillions of dollars in damage throughout the global economy. Malicious actors are emboldened by new technologies like artificial intelligence (AI), which allow them to strike faster and with more precision.
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.
Revenue growth continues to exceed 30% yearly. Improving financials led to a positive net income in the most recent quarter.
While Zscaler is still unprofitable, there's much to like at current prices.