Zscaler (ZS) Acquires ZeroTrust

Group 1 - Zscaler Inc. has acquired SquareX to enhance its ZeroTrust capabilities, particularly in browser security through SquareX's Browser Detection and Response solution [1][3] - The financial details of the acquisition have not been disclosed, with further information expected during the Q2-2026 earnings call on February 26 [1] - Following the acquisition announcement, Zscaler's stock experienced a slight decline of 1.2%, closing at $167.33, and has fallen 18.9% year-to-date due to negative investor sentiment towards software companies [4] Group 2 - Analysts maintain a bullish outlook on Zscaler, with a median target price of $320.00, indicating a potential upside of 91.24% from the current stock price [4] - Zscaler is recognized as one of the best beaten-down growth stocks to buy now, despite the recent stock price decline [1]