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Zscaler Now Offers Natively Integrated Zero Trust Solution for RISE with SAP
GlobeNewswire· 2025-01-28 13:00
Core Insights - Zscaler has integrated its Zero Trust Network Access (ZTNA) service, Zscaler Private Access (ZPA), within RISE with SAP to enhance secure cloud access for customers [1][3] - The integration aims to simplify and de-risk cloud migration for SAP customers, moving away from traditional VPNs and firewalls [1][6] Security Landscape - According to Zscaler's 2024 VPN Risk report, 56% of organizations experienced cyberattacks targeting VPN vulnerabilities in the past year, highlighting the need for a shift to Zero Trust architecture [2] - The ZPA solution provides secure access to critical ERP infrastructure, supporting compliance and performance regardless of the location of the workforce, applications, or data [2][4] Customer Benefits - Businesses utilizing RISE with SAP can leverage ZPA for improved security, agility, and compliance, eliminating the complexities associated with traditional security measures [3][6] - ZPA enables seamless Zero Trust connectivity for SAP S/4HANA Cloud applications across various deployment models, including multi-cloud and hybrid cloud environments [3][6] Industry Perspectives - Executives from various companies, including Volkswagen AG and Siemens AG, have expressed that the ZPA integration significantly enhances the security and reliability of SAP applications, supporting their digital transformation efforts [5][7] - The solution allows organizations to maintain a robust security posture while enabling flexible and scalable access to SAP resources [5][7] Event and Further Information - An exclusive virtual event featuring leaders from SAP, Siemens, Volkswagen, Deutsche Börse, Deloitte, Accenture, and Capgemini will discuss the partnership and its implications in detail [7] - For more information on the Zscaler and SAP integration, additional resources are available on Zscaler's website [8]
Wall Street Analysts See Zscaler (ZS) as a Buy: Should You Invest?
ZACKS· 2025-01-17 15:31
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?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 (A ...
Zscaler (ZS) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2025-01-03 18:16
Zscaler (ZS) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors often find it ...
Zscaler: Due For A Rebound In 2025
Seeking Alpha· 2025-01-03 04:41
Market Performance and Valuations - The stock market has delivered back-to-back gains of over 20% in the past two years, leading to stretched valuations and investor nervousness near all-time market highs [1] - The priority for the year is to rotate more of the portfolio, indicating a strategic shift in investment focus [1] Analyst Background and Industry Exposure - Gary Alexander has combined experience covering technology companies on Wall Street and working in Silicon Valley, providing deep industry insights [1] - He serves as an outside adviser to several seed-round startups, giving him exposure to emerging industry themes [1] - His contributions on Seeking Alpha since 2017 and syndication to platforms like Robinhood highlight his influence in the investment community [1]
Zscaler Declines 16% YTD: Will the Stock Make a Turnaround in 2025?
ZACKS· 2024-12-24 14:31
Zscaler, Inc. (ZS) , a leading provider of Zero Trust cybersecurity solutions, has seen its stock decline 16.1% year to date (YTD), underperforming the broader market, including the Zacks Computer and Technology sector and the S&P 500. The stock has also underperformed its peers in the cybersecurity space, including Fortinet, Inc. (FTNT) , Palo Alto Networks, Inc. (PANW) and Cisco Systems, Inc. (CSCO) over the same time frame.YTD Price Return PerformanceImage Source: Zacks Investment ResearchWhile Zscaler s ...
Nokia Turns to Zscaler to Modernize Security Architecture and Accelerate Cloud Transformation Initiatives
Newsfilter· 2024-12-17 13:00
SAN JOSE, Calif., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today announced that Nokia, a multinational technology leader in pioneering networks, digital services and applications, is deploying the Zscaler Zero Trust Exchange™ platform to enhance its security, operational efficiency, and cloud capabilities. The Zscaler platform is a cloud-native security solution that connects users directly to applications and workloads without exposing the corporate network ...
Zscaler Shares Fall Despite Raised Guidance. Is It Time to Buy the Stock on the Dip?
The Motley Fool· 2024-12-06 09:35
While the market showed strong momentum through much of 2024, Zscaler (ZS -0.36%) hasn't followed suit and struggled to gain traction in 2024. The latest evidence of this came as share prices fell after the cybersecurity company released its fiscal 2025 first-quarter results. The stock price is now down about 10% on the year as of this writing.The decline in share price comes despite the company reporting solid revenue growth and increasing its guidance. Let's dive into its results to see if this price dip ...
Zscaler(ZS) - 2025 Q1 - Quarterly Report
2024-12-05 21:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _____________________________________ _____________________________________ ___________________________________________________ FORM 10-Q _____________________________________ (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, 2024 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition peri ...
Zscaler: A Textbook Buy-the-Dip Opportunity
MarketBeat· 2024-12-05 12:15
Zscaler TodayZSZscaler$206.36 +7.72 (+3.89%) 52-Week Range$153.45▼$259.61Price Target$224.84Add to WatchlistZscaler NASDAQ: ZS shares tanked more than 7% in premarket trading following its FQ1/CQ3 earnings report, opening a textbook buy-the-dip opportunity. The results failed to impress the analysts, but that is the only thing wrong with the report. The analysts had set a high bar for the company to beat, and the results were as expected, which is excellent. The takeaway is that sentiment took a hit but no ...
Zscaler Finds Over 87% of Cyberthreats Hide in Encrypted Traffic, Reinforcing Need For Zero Trust
GlobeNewswire News Room· 2024-12-05 08:01
Key Findings: Malware, phishing and cryptominers account for nearly 90% of all encrypted threats observed in ThreatLabz analysisManufacturing was the target of 42% of encrypted attacks, making it the most- targeted industryThe United States and India are the top targets of encrypted attacks SAN JOSE, Calif., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today published its Zscaler ThreatLabz 2024 Encrypted Attacks Report, which explores the latest threats blocke ...