Zscaler (NASDAQ: ZS) accelerates digital transformation so customers can be more agile, efficient, resilient, and secure. The Zscaler Zero Trust Exchange protects thousands of customers from cyberattacks and data loss by securely connecting users, devices, and applications in any location. Distributed across more than 150 data centers globally, the SASE-based Zero Trust Exchange is the world's largest in-line cloud security platform. Zscaler™ and the other trademarks listed at https://www.zscaler.com/legal/ ...

Zscaler (ZS) is scheduled to release third-quarter fiscal 2024 results on May 30. Zscaler, a leader in the zero-trust security model, has demonstrated strong financial performance and innovative advancements. The company's earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 28.2%. For the third quarter, Zscaler projects total revenues between $534 million and $536 million. The Zacks Consensus Estimate is pegged at $535.6 million, which indicates ...

Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock. While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during th ...

Digging into valuation, Zscaler currently has a Forward P/E ratio of 65.45. This signifies a premium in comparison to the average Forward P/E of 23.14 for its industry. Investors should also note that ZS has a PEG ratio of 2.33 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As the market closed yesterday, the Internet - Services industry was having an average PEG ratio ...

SAN JOSE, Calif., May 17, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced that the company is scheduled to present at an upcoming investor conference. Details for the event are as follows: Bank of America Global Technology Conference in San Francisco Wednesday, June 5th, 2024 9:20 a.m. PT (12:20 p.m. ET) Sessions which offer a webcast will be available on the "Events & Presentations" section of the Zscaler Investor Relations website at https://ir.zscaler.co ...

According to Jennifer Glenn from International Data Corporation, data security solutions like Zscaler's AI Data Protection Platform are essential for identifying and addressing security issues while reducing deployment costs and complexity. Elad Horn, the GVP of Product at Cohesity, highlights the importance of securing data across various platforms and collaborating with Zscaler to bolster data security and recovery capabilities. Zscaler, Inc. (ZS) , a leader in cloud security, has announced several artifi ...

Michael Vi Zscaler Stock Fell Into A Bear Market Zscaler, Inc. (NASDAQ:ZS) investors have endured a battering since ZS stock failed to break above the $260 resistance zone in February 2024. Following the top, ZS fell more than 35% through its recent May 2024 lows, stunning cybersecurity investors. As a result, the market digested ZS's substantial growth premium, even as the proliferation in hybrid cloud momentum should drive a long-term recovery in ZS's buying sentiments. I urged caution in ZS stock in my p ...

Just_Super Introduction The stock of Zscaler (NASDAQ:ZS), a cybersecurity player noted for its fully integrated, multi-tenant cloud-native security solutions, hasn't enjoyed a fruitful 2024 so far. On a YTD basis, when the tech-oriented Nasdaq has managed to notch positive gains of around 8%, ZS has crumbled by 21%. YCharts There could be an opportunity to right the wrongs, with ZS's Q3-24 results (the company follows a July-ending fiscal year) coming out at the end of this month, on May 30, after the marke ...

Sundry Photography Cybersecurity Sector Sentiment Shift The cybersecurity sector, has been facing a sentiment shift following the Palo Alto's Q2 earnings report. The company lowered revenue guidance and mentioned a spending fatigue among its clients. This mentioning of spending fatigue together with Palo Alto's decision to follow a promotional pricing strategy initiated a broad sell- off in cybersecurity stocks. Investors got concerned about future growth rates of cybersecurity stocks and their high valuati ...

SAN JOSE, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, announced multiple innovations to its AI Data Protection Platform that leverage the world's largest security cloud and the power of AI. These innovations make Zscaler's AI Data Protection platform the industry's most comprehensive data protection solution. We protect: Data protection is a top priority for all organizations that must protect intellectual property and customers' data from malicious insi ...