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Wall Street Bulls Look Optimistic About Zscaler (ZS): Should You Buy?
Zacks Investment Research· 2024-02-02 15:31
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?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 recommendation (ABR) of 1.46, on a sca ...
Zscaler (ZS) Falls More Steeply Than Broader Market: What Investors Need to Know
Zacks Investment Research· 2024-01-30 23:56
Zscaler (ZS) ended the recent trading session at $241.12, demonstrating a -1.6% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 0.06% for the day. Meanwhile, the Dow experienced a rise of 0.35%, and the technology-dominated Nasdaq saw a decrease of 0.76%.Prior to today's trading, shares of the cloud-based information security provider had gained 10.6% over the past month. This has outpaced the Computer and Technology sector's gain of 6.36% and th ...
Zscaler (ZS) Stock Drops Despite Market Gains: Important Facts to Note
Zacks Investment Research· 2024-01-24 23:56
The most recent trading session ended with Zscaler (ZS) standing at $241.38, reflecting a -0.5% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily gain of 0.08%. On the other hand, the Dow registered a loss of 0.26%, and the technology-centric Nasdaq increased by 0.36%.The cloud-based information security provider's shares have seen an increase of 8.01% over the last month, surpassing the Computer and Technology sector's gain of 4.29% and the S&P 500's gain ...
Zscaler (ZS) Unveils Industry's First Zero Trust AI-Powered SASE
Zacks Investment Research· 2024-01-24 15:36
Zscaler (ZS) unveiled the Zero Trust Secure Access Service Edge (SASE) and announced the general availability of its Zero Trust software-defined wide area network (SD-WAN) solution. The new Zscaler solutions reflect an improvement over the traditional network and firewall architectures. These solutions are built on a Zero Trust architecture that prevents ransomware attacks by blocking lateral threat movement.Zscaler Zero Trust SASE is the industry’s first single-vendor SASE solution, which is built on the c ...
Zscaler Introduces Industry's first Zero Trust SASE, Built on Zero Trust AI
Newsfilter· 2024-01-23 08:01
SAN JOSE, Calif., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, announced Zscaler Zero Trust SASE, an industry first, single-vendor SASE solution built utilizing Zscaler Zero Trust AI to help organizations reduce cost and complexity while implementing Zero Trust security across users, devices, and workloads. Additionally, Zscaler announced general availability for its Zero Trust SD-WAN solution and portfolio of plug-and-play appliances to help customers modernize ...
Zscaler is reportedly in talks to buy Avalor
Invezz· 2024-01-22 18:44
Shares of Zscaler Inc (NASDAQ: ZS) are up 4.0% on Monday following a report that the cloud security company is in talks to buy Avalor.How much could Zscaler spend on Avalor?Copy link to sectionThe $36 billion company based out of San Jose, California is willing to spend between $250 million to $350 million on the potential acquisition, as per a Calcalist report over the weekend. Zscaler is yet to comment on the news. But Raanan Raz – the chief executive of Avalor said in a statement to Calcalist today:We ar ...
Zscaler (ZS) Just Overtook the 20-Day Moving Average
Zacks Investment Research· 2024-01-10 16:20
From a technical perspective, Zscaler (ZS) is looking like an interesting pick, as it just reached a key level of support. ZS recently overtook the 20-day moving average, and this suggests a short-term bullish trend.A well-liked tool among traders, the 20-day simple moving average offers a look back at a stock's price over a 20-day period. This is very beneficial to short-term traders, as it smooths out short-term price trends and gives more trend reversal signals than longer-term moving averages.Similar to ...
Zscaler(ZS) - 2024 Q1 - Quarterly Report
2023-12-05 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q 26-1173892 (I.R.S. Employer Identification Number) (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _to_ Commission File Number: 001-38413 ZSCALER, INC. (Exact Name of Registrant as Specified in its Charte ...
Zscaler, Inc. (ZS) Presents at UBS Global Technology Conference (Transcript)
2023-11-28 18:38
Zscaler, Inc. (NASDAQ:ZS) UBS Global Technology Conference Call November 28, 2023 10:55 AM ET Company Participants Jay Chaudhry - CEO, Chairman and Co-Founder Remo Canessa - CFO Conference Call Participants Roger Boyd - UBS Roger Boyd All right. Thank you all for being here. I'm Roger Boyd, I cover cybersecurity here at UBS. Very happy to have the team from Zscaler here, Jay Chaudhry, CEO, Chairman and Co-Founder; and Remo Canessa, Chief Financial Officer. So, thank you, gentlemen, both for being here direc ...
Zscaler(ZS) - 2024 Q1 - Earnings Call Transcript
2023-11-28 03:06
| --- | |---------------------------------------------| | | | Company Participants | | Bill Choi - SVP of IR and Strategic Finance | | Jay Chaudhry - Chairman and CEO | | Remo Canessa - CFO | | Conference Call Participants | | Brad Zelnick - Deutsche Bank | | Saket Kalia - Barclays | | Alex Henderson - Needham & Company | | Joel Fishbein - Truist | | Rob Owens - Piper Stanley | | Joseph Gallo - Jefferies | | Gabriela Borges - Goldman Sachs | | Jonathan Ruykhaver - Cantor Fitzgerald | | Patrick Colville - Sc ...