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Zscaler: Market Pessimism Won't Last Forever (Rating Upgrade)
Seeking Alpha· 2024-05-15 12:30
Michael Vi Zscaler Stock Fell Into A Bear Market Zscaler, Inc. (NASDAQ:ZS) investors have endured a battering since ZS stock failed to break above the $260 resistance zone in February 2024. Following the top, ZS fell more than 35% through its recent May 2024 lows, stunning cybersecurity investors. As a result, the market digested ZS's substantial growth premium, even as the proliferation in hybrid cloud momentum should drive a long-term recovery in ZS's buying sentiments. I urged caution in ZS stock in my p ...
Is Zscaler Stock A Good Buy Ahead Of Its Q3 Results?
Seeking Alpha· 2024-05-14 20:44
Just_Super Introduction The stock of Zscaler (NASDAQ:ZS), a cybersecurity player noted for its fully integrated, multi-tenant cloud-native security solutions, hasn't enjoyed a fruitful 2024 so far. On a YTD basis, when the tech-oriented Nasdaq has managed to notch positive gains of around 8%, ZS has crumbled by 21%. YCharts There could be an opportunity to right the wrongs, with ZS's Q3-24 results (the company follows a July-ending fiscal year) coming out at the end of this month, on May 30, after the marke ...
Zscaler: A Potential $100B Company By 2030
Seeking Alpha· 2024-05-14 07:17
Sundry Photography Cybersecurity Sector Sentiment Shift The cybersecurity sector, has been facing a sentiment shift following the Palo Alto's Q2 earnings report. The company lowered revenue guidance and mentioned a spending fatigue among its clients. This mentioning of spending fatigue together with Palo Alto's decision to follow a promotional pricing strategy initiated a broad sell- off in cybersecurity stocks. Investors got concerned about future growth rates of cybersecurity stocks and their high valuati ...
Zscaler Unveils AI Innovations to Power the Industry's Most Comprehensive Data Protection Platform
Newsfilter· 2024-05-14 07:01
SAN JOSE, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, announced multiple innovations to its AI Data Protection Platform that leverage the world's largest security cloud and the power of AI. These innovations make Zscaler's AI Data Protection platform the industry's most comprehensive data protection solution. We protect: Data protection is a top priority for all organizations that must protect intellectual property and customers' data from malicious insi ...
Zscaler (ZS) Ascends While Market Falls: Some Facts to Note
Zacks Investment Research· 2024-05-13 22:51
The most recent trading session ended with Zscaler (ZS) standing at $175, reflecting a +0.22% shift from the previouse trading day's closing. The stock's change was more than the S&P 500's daily loss of 0.02%. Meanwhile, the Dow lost 0.21%, and the Nasdaq, a tech-heavy index, added 0.29%. Prior to today's trading, shares of the cloud-based information security provider had lost 3.74% over the past month. This has lagged the Computer and Technology sector's gain of 1.39% and the S&P 500's gain of 1.29% in th ...
Zscaler to Host Third Quarter Fiscal Year 2024 Earnings Conference Call
Newsfilter· 2024-05-09 12:00
SAN JOSE, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, will release third quarter fiscal year 2024 earnings after the market closes on Thursday, May 30, 2024. The company will host an investor conference call that day at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) to discuss the results. Date:Thursday, May 30th, 2024Time:1:30 p.m. PTWebcast:https://ir.zscaler.comDial-in:To join by phone, register at the following link: Click Here. After registering, y ...
Zscaler (ZS) Stock Dips While Market Gains: Key Facts
Zacks Investment Research· 2024-05-07 22:50
Zscaler (ZS) ended the recent trading session at $176.89, demonstrating a -0.7% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 0.13%. At the same time, the Dow added 0.08%, and the tech-heavy Nasdaq lost 0.1%.The cloud-based information security provider's shares have seen a decrease of 3.03% over the last month, not keeping up with the Computer and Technology sector's gain of 0.89% and the S&P 500's loss of 0.35%.Analysts and investors alike wi ...
Why Zscaler (ZS) is Poised to Beat Earnings Estimates Again
Zacks Investment Research· 2024-05-07 17:11
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Zscaler (ZS) . This company, which is in the Zacks Internet - Services industry, shows potential for another earnings beat.When looking at the last two reports, this cloud-based information security provider has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 33.88%, on average, i ...
Zscaler Joins Forces with Google to Offer Unparalleled Zero Trust Data and Threat Protection
Newsfilter· 2024-05-07 12:01
SAN JOSE, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, has collaborated with Google on a joint zero trust architecture with Chrome Enterprise. This powerful combination brings the power of Zscaler Private Access™ (ZPA) enabling zero trust secure access to private applications to anyone across different locations and devices, with the advanced threat and data protection capabilities of Chrome Enterprise Premium. Together, they deliver an unmatched level of ...
VPN Risk Report Finds More Than Half of Organizations Experienced a VPN-related Cyberattack in the Last Year
Newsfilter· 2024-05-07 12:00
VPN security concerns rise as 91% of respondents express concerns about VPNs leading to a compromising breachThe survey identifies the top threats exploiting VPN vulnerabilities to be ransomware (42%), other types of malware (35%), and DDoS attacks (30%)Lateral movement is a top concern, as reported by a majority of enterprises breached by VPN, demonstrating significant containment failures SAN JOSE, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today anno ...