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 ...

Zscaler (ZS) closed at $249.04 in the latest trading session, marking a -1.47% move from the prior day. The stock's change was less than the S&P 500's daily loss of 0.6%. Elsewhere, the Dow saw a downswing of 0.17%, while the tech-heavy Nasdaq depreciated by 0.92%.Heading into today, shares of the cloud-based information security provider had gained 4.94% over the past month, outpacing the Computer and Technology sector's gain of 3.1% and the S&P 500's gain of 3.56% in that time.Market participants will be ...

Yuichiro Chino/Moment via Getty Images Zscaler (NASDAQ:ZS) is in a prime position for the next generation of threat actors, as the company's platforms pose as the gateway between outside traffic breaching a company's data. I believe that the firm is well-positioned in the era of GenAI and, through M&A, will position itself for the future quantum threat actors in the near future. Though the company's top-line growth is nearing a sub-30% growth rate, as management guided, I do believe that the firm still rema ...

The latest trading session saw Zscaler (ZS) ending at $253.86, denoting a -0.42% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a loss of 0.1% for the day. Elsewhere, the Dow saw an upswing of 0.33%, while the tech-heavy Nasdaq depreciated by 0.3%.Shares of the cloud-based information security provider have appreciated by 10.47% over the course of the past month, underperforming the Computer and Technology sector's gain of 11.35% and outperforming the S&P 500's g ...

Shares of Zscaler (ZS) have been strong performers lately, with the stock up 9.1% over the past month. The stock hit a new 52-week high of $251.32 in the previous session. Zscaler has gained 12.6% since the start of the year compared to the 8.9% move for the Zacks Computer and Technology sector and the 4.9% return for the Zacks Internet - Services industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in an ...

Zscaler (ZS) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, ZS broke through the 20-day moving average, which suggests a short-term bullish trend.The 20-day simple moving average is a well-liked trading tool because it provides a look back at a stock's price over a 20-day period. Additionally, short-term traders find this SMA very beneficial, as it smooths out short-term price trends and shows more trend reversal signals than longer-term m ...

SmileStudioAP Investment Thesis Zscaler's (NASDAQ:ZS) Chief Operating Officer has resigned, effective immediately. Given that Zscaler has succeeded in once again reigniting its traction and revenue growth rates, I declare that investors should look beyond this resignation as a material detraction from the bull case and instead focus on the company's underlying prospects. According to my estimates, Zscaler is priced at 68x forward non-GAAP operating income. I believe this multiple is justified for a company ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

SAN JOSE, Calif., Feb. 02, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, will release second quarter fiscal year 2024 earnings after the market closes on Thursday, February 29, 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, February 29, 2024Time:1:30 p.m. PTWebcast:https://ir.zscaler.comDial-in:To join by phone, register at the following link: Click Here. After regi ...

SAN JOSE, Calif., Feb. 02, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, will release second quarter fiscal year 2024 earnings after the market closes on Thursday, February 29, 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, February 29, 2024Time:1:30 p.m. PTWebcast:https://ir.zscaler.comDial-in:To join by phone, register at the following link: Click Here. After reg ...