Zscaler (ZS) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this cloud-based information security provider have returned -8% over the past month versus the Zacks S&P 500 composite's +1.6% change. The Zacks Internet - Services industry, to which Zscaler belongs, has gained 11% over this period. Now the key question is: Where could the stock be headed in t ...

Zscaler, Inc. (ZS) , a pioneer in cloud security, has announced a groundbreaking advancement in artificial intelligence (AI) innovations through its acquisition of Avalor. This move underscores ZS' commitment to fortifying its platform with cutting-edge capabilities.Avalor Strengthens Zscaler’s CapabilitiesThe acquisition expands ZS' Zero Trust Exchange data, incorporating more than 150 pre-built integrations to empower customers in proactively identifying and predicting critical vulnerabilities while enhan ...

Zscaler, a cloud security company with headquarters in San Jose, California, has acquired cybersecurity startup Avalor 26 months after its founding, reportedly for $310 million in cash and equity.In a press release announcing the news, Zscaler founder and CEO Jay Chaudhry said that the deal would expand Zscaler’s platform with capabilities including streamlined reporting of security incidents, incident mitigation, asset discovery, data classification, security policy generation and more.“AI is only as good ...

SAN JOSE, Calif., March 14, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, announced another major leap forward in artificial intelligence (AI) innovations that extends the Zscaler Zero Trust Exchange™ data, from more than 400 billion daily Zscaler transactions with Avalor's Data Fabric for Security with over 150 pre-built integrations enabling customers to proactively identify and predict critical vulnerabilities as well as improve operational efficiencies. By leveraging ...

After a huge one-year rally, share prices of Zscaler (ZS -1.28%) have hit some bumps in the road. That's not to say the cloud-native cybersecurity leader is performing poorly, though.On the contrary, the company is doing quite well, although its growth does continue to moderate. I remain optimistic for Zscaler and its cloud security peers, but is this still a top cybersecurity stock buy for 2024 and beyond?Is a top Zscaler competitor a threat?Let's start this discussion by acknowledging the changes that top ...

Each year, global consulting firm PwC surveys thousands of CEOs to learn about the risks and opportunities their businesses face. The 2024 edition of the survey asked several questions about generative artificial intelligence (AI), and 64% of the 4,702 respondents said they were worried the technology would increase their cybersecurity risk going forward.It was their top concern, outranking the spread of misinformation and potential reputational risks from the use of AI.Cybersecurity giant Palo Alto Network ...

The price trend for Zscaler (ZS) has been bearish lately and the stock has lost 16.8% over the past week. However, the formation of a hammer chart pattern in its last trading session indicates that the stock could witness a trend reversal soon, as bulls might have gained significant control over the price to help it find support.The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that makes a bu ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Zscaler (ZS) .Zscaler currently has an average brokerage recommen ...

Investors were not impressed with Zscaler's (ZS -0.57%) latest results for the second quarter of fiscal 2024 (for the three months ended Jan. 31), which were released on Feb. 29, as shares of the cybersecurity specialist fell more than 9% following the report.However, it was surprising to see investors press the panic button. The cybersecurity specialist not only crushed Wall Street's revenue and earnings estimates but also guided strongly for the current quarter. Let's take a closer look at Zscaler's quart ...

Zscaler (ZS) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this cloud-based information security provider have returned -17.3%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Internet - Services industry, which Zscaler falls in, has lost 7.8%. The key question now is: What could be the stock's future directi ...