Group 1 - The REIT Forum offers exclusive investment ideas and access to subscriber-only portfolios [1] - Amrita leads a family office fund in Vancouver, focusing on sustainable, growth-driven companies to maximize shareholder equity [2] - The Pragmatic Optimist newsletter, co-founded by Amrita, emphasizes portfolio strategy, valuation, and macroeconomics [2] Group 2 - Amrita has experience in high-growth supply-chain start-ups and has worked with venture capital firms to enhance user acquisition [2] - The newsletter has been recognized as a top finance newsletter and aims to simplify financial literacy and macroeconomic concepts [2]

Core Insights - The article emphasizes the importance of understanding macro trends and their influence on asset prices and investor behavior [1] - It highlights the author's extensive experience in asset management, particularly in equity analysis and research [1] - The goal of sharing insights is to empower investors and promote confidence in long-term investing [1] Company and Industry Analysis - The author has a background in both institutional and private client asset management, focusing on multi-asset strategies with an emphasis on equities and derivatives [1] - The analysis includes close monitoring of EU and US central bank policies, sector rotation, and sentiment dynamics [1] - The author encourages collaboration among investors to enhance investment strategies and decision-making [1]

Core Insights - Zscaler is set to report its fourth-quarter fiscal 2025 results on September 2, 2025, with anticipated revenues between $705 million and $707 million, reflecting a year-over-year growth of 19.1% [1][9] - The company expects non-GAAP earnings per share in the range of 79-80 cents, indicating a year-over-year decline of 9% [2][9] - Zscaler has consistently beaten earnings estimates in the past four quarters, with an average surprise of 18.7% [3][9] Revenue and Earnings Expectations - The Zacks Consensus Estimate for Zscaler's fiscal fourth-quarter revenues is $706.2 million [1] - The earnings per share estimate has remained unchanged at 80 cents over the past 60 days [2] Growth Drivers - The expected revenue growth is attributed to Zscaler's security and networking solutions, particularly in the context of the expanding global security market [6] - Strong momentum with Global 2000 and Fortune 500 customers, driven by digital transformation and hybrid work trends, is likely to be a key catalyst [7] - The adoption of Software-Defined Wide Area Network (SD-WAN) solutions is projected to contribute significantly, with the market expected to grow from $5.36 billion in 2024 to $80.91 billion by 2034, at a CAGR of 31.6% [8] Customer Retention and Product Performance - Zscaler's core products, including Zscaler Internet Access and Zscaler Private Access, have been crucial for customer retention [10] - Other offerings such as Cloud Access Security Broker and Cloud Security Posture Management are also expected to enhance customer acquisition [10] Competitive Landscape - Zscaler faces intense competition from established players like Palo Alto Networks, CyberArk, and CrowdStrike, particularly in areas like Agentic Operations and Zero Trust Strategy [16][17] - The company is increasing investments in sales and marketing, as well as research and development, to maintain its competitive edge [18] Stock Performance and Valuation - Zscaler's shares have increased by 55.4% year-to-date, outperforming the Zacks Security industry's growth of 11.5% [12] - The stock is currently trading at a forward 12-month price-to-sales ratio of 13.51X, compared to the industry's 12.39X [13] Long-term Outlook - The demand for cybersecurity solutions across various industries positions Zscaler favorably for long-term growth [15] - However, near-term challenges related to profit growth suggest a cautious approach for new investments, while existing shareholders may consider holding [19]

Group 1 - Recent months have seen a significant increase in cyberattacks, with ransomware attempts more than doubling [1] - The rise in cyber threats is attributed to the growing reliance on artificial intelligence, cloud computing, and data centers, which expands the attack surface for potential breaches [1] Group 2 - The article emphasizes the importance of understanding the implications of these cyber threats on companies and industries, particularly in terms of investment opportunities and risks [1]

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?Let's take a look at what these Wall Street heavyweights have to say about Zscaler (ZS) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Zscaler currently has an average brokerage re ...

Anand Chokkavelu, CFA has no position in any of the stocks mentioned. Jason Hall has no position in any of the stocks mentioned. Matt Frankel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Zscaler. The Motley Fool has a disclosure policy. ...

Core Insights - Zscaler and CrowdStrike have expanded their partnership to modernize endpoint detection and response for customers, integrating their platforms to enhance security [1][4][5] - The collaboration aims to replace legacy endpoint products with a cloud-native architecture that features AI-powered detection and integrated security operations [3][5] - The combined solution is expected to improve threat detection accuracy and response times, providing a multi-layered defense against cyber threats [2][5] Company Developments - Zscaler's Zero Trust Exchange™ platform will be integrated with CrowdStrike's Falcon platform and Red Canary's agentic-AI driven security operations to deliver enhanced protection [1][2] - The partnership is built on a successful multi-year collaboration, enhancing managed detection and response (MDR) services and optimizing security investments for customers [4][5] - The integration is designed to help organizations standardize their security architectures and improve operational efficiency [3][5] Industry Trends - Organizations are increasingly moving away from legacy endpoint vendors in favor of comprehensive platform solutions that offer elite protection [5] - The collaboration between Zscaler, CrowdStrike, and Red Canary represents a significant shift towards AI-driven security operations in the cybersecurity landscape [5]

Company Overview - Zscaler (ZS) ended the recent trading session at $270.99, showing a -2.44% change from the previous day's closing price, underperforming the S&P 500's daily gain of 0.03% [1] - Over the past month, Zscaler's shares have depreciated by 3.47%, while the Computer and Technology sector gained 6.37% and the S&P 500 gained 3.46% [1] Earnings Projections - The upcoming earnings release is scheduled for September 2, 2025, with projected earnings of $0.8 per share, indicating a year-over-year decline of 9.09% [2] - Revenue for the same quarter is estimated at $706.19 million, reflecting a 19.11% rise from the equivalent quarter last year [2] Full Year Estimates - For the full year, Zacks Consensus Estimates project earnings of $3.18 per share and revenue of $2.66 billion, representing changes of -0.31% and 0% from the prior year, respectively [3] - Recent changes to analyst estimates for Zscaler may indicate shifting business dynamics, with positive revisions reflecting analyst optimism [3][4] Valuation Metrics - Zscaler has a Forward P/E ratio of 77.89, which is a premium compared to the industry average Forward P/E of 63.15 [6] - The company has a PEG ratio of 5.4, indicating a higher valuation relative to its expected earnings growth rate, compared to an average PEG ratio of 2.63 at the previous closing price [6] Industry Context - The Security industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 97, placing it in the top 40% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Core Insights - The article highlights the significant wealth accumulation of new immigrants in the United States, with the top ten billionaires born overseas amassing a total wealth of approximately $867 billion, comparable to Switzerland's GDP [1][2]. Group 1: Individual Billionaires - Elon Musk has a net worth of $393.1 billion and is the founder of Tesla and SpaceX, originally from South Africa [3][6]. - Sergey Brin, co-founder of Google, has a net worth of $139.7 billion and was born in Russia [9][11]. - Jensen Huang, co-founder of Nvidia, has a net worth of $137.9 billion and hails from Taiwan [12][16]. - Thomas Peterffy, founder of Interactive Brokers, has a net worth of $67.9 billion and was born in Hungary [13][15]. - Miriam Adelson and family, owners of the Las Vegas Sands casino empire, have a net worth of $33.4 billion and were born in Israel [16][19]. - Rupert Murdoch and family, owners of a global media empire, have a net worth of $24 billion and were born in Australia [20][22]. - Peter Thiel, co-founder of PayPal, has a net worth of $21.8 billion and was born in Germany [23][25]. - Jay Chaudhry, founder of cloud security company Zscaler, has a net worth of $17.9 billion and was born in India [27][29]. - Jan Koum, co-founder of WhatsApp, has a net worth of $16.9 billion and was born in Ukraine [30][32]. - Kingston Technology co-founder Dov Ziv has a net worth of $14.1 billion and was born in China [33][35].

Company Performance - Zscaler's stock closed at $272.50, reflecting a -5.81% change from the previous day's closing price, underperforming the S&P 500's daily loss of 0.08% [1] - Prior to the recent trading session, Zscaler shares had declined by 8.59%, contrasting with the Computer and Technology sector's gain of 3.95% and the S&P 500's gain of 1.21% [1] Upcoming Earnings - Zscaler is expected to report an EPS of $0.8, which indicates a 9.09% decline compared to the same quarter last year [2] - The consensus estimate for Zscaler's revenue is projected at $706.19 million, representing a 19.11% increase year-over-year [2] Full Year Projections - For the full year, Zacks Consensus Estimates project earnings of $3.18 per share and revenue of $2.66 billion, reflecting changes of -0.31% and 0% respectively from the prior year [3] - Analysts' forecast revisions are crucial as they indicate the changing nature of near-term business trends, with positive revisions suggesting optimism regarding business and profitability [3][4] Valuation Metrics - Zscaler has a Forward P/E ratio of 81.13, which is higher than the industry average of 64.23, indicating that Zscaler is trading at a premium [6] - The company also has a PEG ratio of 5.62, compared to the Security industry's average PEG ratio of 2.9, suggesting a higher valuation relative to expected earnings growth [6] Industry Context - The Security industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 100, placing it in the top 41% of all industries [7] - The Zacks Industry Rank measures the strength of individual industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]