Zscaler Inc. (ZS)
Here's Why Zscaler Stock Is Down 13% in the First Half of 2024
Zscaler's revenue and earnings outpaced Wall Street forecasts so far this year. The stock tumbled as investors digested confirmation of slowing growth and increasing competition.
Zscaler (ZS) Stock Drops Despite Market Gains: Important Facts to Note
Zscaler (ZS) reachead $203.12 at the closing of the latest trading day, reflecting a -0.66% change compared to its last close.
Why Zscaler's stock just got a downgrade after its 31% pop off recent lows
Zscaler Inc. shares have taken investors on a ride this year, as they're up 31% from their late-May lows but still off about 4% over the course of 2024.
2 Growth Stocks Down 45% and 73% to Buy on the Dip, According to Wall Street
Shares of Zscaler and Paycom Software have tumbled 45% and 73%, respectively, from their record highs, but Wall Street analysts see upside in both stocks. Zscaler is a recognized leader in zero trust network security, but adjacent products for cloud workload and data protection are gaining traction with clients.
Zscaler (ZS) Just Reclaimed the 200-Day Moving Average
From a technical perspective, Zscaler (ZS) is looking like an interesting pick, as it just reached a key level of support. ZS recently overtook the 200-day moving average, and this suggests a long-term bullish trend.
Are You Looking for a Top Momentum Pick? Why Zscaler (ZS) is a Great Choice
Does Zscaler (ZS) have what it takes to be a top stock pick for momentum investors? Let's find out.
Is Zscaler (ZS) a Buy as Wall Street Analysts Look Optimistic?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Here's Why Zscaler (ZS) Gained But Lagged the Market Today
In the closing of the recent trading day, Zscaler (ZS) stood at $197.37, denoting a +0.01% change from the preceding trading day.
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.
