Zscaler (ZS) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.8 per share. This compares to earnings of $0.88 per share a year ago.
I reiterate my 'buy' rating on Zscaler, maintaining a $373 price target and seeing 35% upside as enterprise momentum continues. Zscaler's enterprise growth is fueled by its platform expansion with Zero Trust Everywhere, Data Security, and Agentic Operations, as well as the launch of its flexible Z-Flex subscription program. Strategic partnerships, especially with CrowdStrike, and vendor consolidation trends position Zscaler to capture greater market share in cybersecurity.
Zscaler is a leader in Zero Trust and cloud security, evolving into an integrated AI-driven security platform through strategic acquisitions and partnerships. Revenue growth exceeds 20%, billings are accelerating, and free cash flow margins are among the industry's highest, justifying premium valuation multiples. My $350 price target (about 30% upside) is supported by robust growth, expanding margins, and strong SaaS model visibility, despite high current multiples.
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.
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) closed the most recent trading day at $270.42, moving 1.24% from the previous trading session.
Zscaler (ZS) concluded the recent trading session at $270.99, signifying a -2.44% move from its prior day's close.
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.
Zscaler (ZS) concluded the recent trading session at $272.5, signifying a -5.81% move from its prior day's close.
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 $280.27, signifying a -1.85% 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.