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 ...

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) 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 ...

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) 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 ...

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 ...

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 ...