Zscaler(ZS)

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Zscaler Posts Q1 Beat: 8 Analysts Express Concern Around CFO Retirement, Guidance
Benzinga· 2024-12-03 17:16
Zscaler Inc ZS shares tanked in early trading on Tuesday, even after the company reported upbeat fiscal first-quarter results.The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Check out other analyst stock ratings.Scotiabank: Zscaler's billings rose 13% year-on-year in the fiscal first quarter. The fiscal 2025 guidance was “no doubt an underwhelming start to the year," Colville said. CFO Remo Canessa's retirement "will add more uncertainty on Zscaler's c ...
Zscaler: Buy Ze Dip
Seeking Alpha· 2024-12-03 16:45
Zscaler (NASDAQ: ZS ) is one of the most prominent and fastest-growing companies in the rapidly advancing cybersecurity space. It is also a global leader in zero-trust security. Additionally, unlike traditional cybersecurity providers, Zscaler implements its unique and highly convenient cloud-native approach, makingAre You Getting The Returns You Want? Invest alongside the Financial Prophet's All-Weather Portfolio (2023 47% return) and achieve optimal results in any market.The Daily Prophet Report provides ...
1 Magnificent Stock Down 46% to Buy on the Dip
The Motley Fool· 2024-12-03 16:08
Zscaler stock dropped despite an earnings beat.In this video, I will cover Zscaler's (ZS -4.34%) recent earnings report and explain why the dip is worth buying. Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Dec. 2, 2024. The video was published on Dec. 2, 2024. ...
Zscaler Stock Falls on Billings Decline, Weak Outlook
Investopedia· 2024-12-03 15:46
Key TakeawaysShares of Zscaler fell Tuesday, a day after it reported that billings declined sequentially and issued current-quarter guidance at the low end of estimates.The cybersecurity firm also announced that CFO Remo Canessa would be stepping down.Zscaler's first-quarter fiscal 2025 profit and revenue beat forecasts. Zscaler (ZS) shares fell 5% Tuesday, a day after the cloud-based cybersecurity platform reported a slowdown in billings and issued underwhelming guidance. In addition, it announced the comp ...
Zscaler Q1 Earnings Beat, Stock Dips 8% on Slowing Sales Growth
ZACKS· 2024-12-03 15:30
Zscaler (ZS) reported first-quarter fiscal 2025 non-GAAP earnings of 77 cents per share, which outpaced the Zacks Consensus Estimate by 22.2%. Moreover, the bottom line experienced a significant 40% rise driven by higher revenues and efficient cost management.Zscaler’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 2.9%.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Zscaler’s first-quarter fiscal 2025 revenues of $628 mil ...
Zscaler Stock Gaps Lower on Dismal Forecast
Schaeffers Investment Research· 2024-12-03 15:06
The equity is brushing off a quarterly win and slew of bull notesZscaler Inc (NASDAQ:ZS) stock is 4.8% lower to trade at $198.53 at last check, after the cloud company's dismal forecast for the fiscal second quarter overshadowed a fiscal first-quarter earnings and revenue beat. The equity is also also brushing off seven price-target hikes, including one from Oppenheimer to $250 from $230.Shares are slipping back below the $200 region, which acted as a resistance level in July, August, and October. Cooling f ...
These Analysts Revise Their Forecasts On Zscaler After Q1 Results
Benzinga· 2024-12-03 13:22
Zscaler Inc ZS reported better-than-expected fiscal first-quarter financial results after the market close on Monday.Zscaler reported first-quarter revenue of $628 million, beating the consensus estimate of $606.19 million. The cybersecurity company reported adjusted earnings of 77 cents per share, beating analyst estimates of 63 cents per share, according to Benzinga Pro."Growing customer engagements and strong sales execution drove a solid first quarter with all metrics exceeding our guidance. The combina ...
Zscaler Q1 2025 Earnings: Great Prospects, Stretched Valuation
Seeking Alpha· 2024-12-03 12:58
Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year.With a focus on tech and “the Great Energy Transition (including uranium)”, Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outsta ...
Zscaler tanks as billings slowdown clouds earnings beat
Proactiveinvestors NA· 2024-12-03 12:47
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The news team covers a wide range of sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] - Proactive has a presence in key finance and investing hubs with bureaus and studios located in major cities such as London, New York, and Sydney [2] Group 2 - The company emphasizes the use of technology to enhance workflows and improve content production [4] - Proactive employs automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
Zscaler: The Market Got It Wrong After Earnings
Seeking Alpha· 2024-12-03 11:38
Zscaler (NASDAQ: ZS ) stock lost around 8% yesterday after the market close due to the Q3 earnings release. I tend to disagree with the market's reaction because the company delivered a solid quarter. Financial and critical business metrics demonstrated solidAs an investor who started my path five years ago with my own capital, I represent a blend of hands on experience and academic background in corporate finance. Due to my relatively young age I thrive on discovering long-duration growth opportunities and ...