Core Viewpoint - Zscaler's share price is projected to reach $360 due to positive technical price action, favorable analyst sentiment, and strong business fundamentals, indicating a breakout from a long-term trading range [1][2][5]. Group 1: Business Fundamentals - The recent breakout in Zscaler's stock price is attributed to business fundamentals catching up to valuation concerns, leading to an improved outlook for sustainable 20% growth and increasing shareholder value [2][10]. - Zscaler reported a solid fiscal Q3 2025, with revenue exceeding analyst forecasts and growth remaining above 20%, supported by accelerated gains in billings and deferred revenue [10][11]. - The company has a robust balance sheet with over $3 billion in cash and equivalents, a 21% increase in net income, and an 18% free cash flow margin [11]. Group 2: Analyst Sentiment - Analyst activity shifted positively following Zscaler's fiscal Q3 results, with a 17% increase in the consensus price target and no decreases tracked among 36 analysts [5][6]. - The consensus price target reflects a 25% increase compared to the previous year, indicating strong analyst confidence in the company's performance [6][11]. - The stock currently has a Moderate Buy rating, with a high forecast of $320 and an average forecast of $277.32 [11][15]. Group 3: Market Dynamics - The market is experiencing a recovery rally, with projections suggesting potential new all-time highs in the range of $375 to $403 [4]. - Institutional investors own 41% of Zscaler's stock and have been buying on balance throughout the year, providing a solid support base for price action [13]. - Short interest was at 9% ahead of the release, setting the stage for a potential short-covering rally [14]. Group 4: Product Development - Zscaler's new product, Z-Flex, is designed to streamline security stack adjustments for businesses, enhancing flexibility and scalability while reducing costs [9][8].

Key Takeaways ZS stock jumped 46.1% in 3 months, outpacing peers like PANW, CRWD, and CYBR. Zscaler expanded through new AI tools, key acquisitions, and deeper federal government integration.Zscaler, Inc. (ZS) shares have climbed 46% in the past three months, outperforming the Zacks Security industry’s return of 10.7%. ZS stock has also outperformed its industry peers, including CyberArk Software (CYBR) , Palo Alto Networks (PANW) and CrowdStrike (CRWD) . Shares of CyberArk, Palo Alto Networks and CrowdStr ...

Trade and Market Impact - Trade tensions are affecting market performance, with President Trump accusing China of violating tariff agreements and announcing a doubling of steel tariffs from 25% to 50% [1] - Cleveland-Cliffs (CLF) has seen a significant increase of +24% in stock price due to these developments [2] - Major indexes such as the Dow, Nasdaq, S&P 500, and Russell 2000 are experiencing declines, with the S&P 500 down -20 points [2] Labor Market Insights - The upcoming Jobs Week includes key reports such as Job Openings and Labor Turnover Survey (JOLTS), ADP private-sector payrolls, Weekly Jobless Claims, and the U.S. Employment Report [3][4] - Expectations for job gains are set at +112K for ADP and +125K for BLS, with potential narratives of labor market loosening if these figures show weakness [4] - The U.S. labor force has been underestimated, with a current unemployment rate expected to remain low at 4.2% despite recent increases [6] Company Earnings Reports - Campbell's Company (CPB) reported fiscal Q3 earnings of 73 cents per share, exceeding expectations by +12% but slightly below the previous year's quarter [7][8] - Revenues for Campbell's reached $2.48 billion, surpassing expectations by +1.55% and showing growth from $2.37 billion year-over-year [8] Economic Indicators - The S&P Manufacturing PMI is expected to remain above the key 50-level at +52.3, while ISM Manufacturing is projected to decrease to +48.5% [9] - Construction Spending for April is anticipated to show a positive change of +0.2% after a -0.5% decline in March [10]

Key Takeaways Major Indexes recorded their strongest month in May since November 2023. Five Zacks Top Rank stocks with Momentum Score A are poised to benefit from June's bullish sentiment. Improved earnings estimates and sector strength support picks like CYBR, KGC, NWG, RYAAY, and PCTY.Wall Street saw an impressive rally in May after severe volatility in the previous two months. The three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — were up 3.9%, 6.2% and 9.6%, respectively. The ...

Core Viewpoint - Okta's stock price fell over 15% following its FQ1 earnings release, despite solid performance and guidance for Q2, primarily due to cautious full-year guidance [1][2]. Group 1: Financial Performance - Okta reported a Q1 revenue growth of 11.5%, down from nearly 20% year-over-year, but exceeded consensus estimates by over 100 basis points [6]. - The core subscription business grew by 12% year-over-year, contributing to the overall performance [6]. - Gross and operating margins improved compared to the previous year, leading to a record profit, with free cash flow of $238.1 million, representing approximately 34.6% of revenue [7]. Group 2: Guidance and Outlook - The full-year guidance was reaffirmed, projecting a revenue increase of about 10%, which is expected to sustain cash flow and business growth [8]. - Q2 guidance anticipates another 10% year-over-year revenue gain, supported by a 14% increase in current remaining performance obligation (CRPO) and a 21% increase in remaining performance obligation (RPO) [8]. Group 3: Analyst Sentiment - The consensus sentiment for Okta is a Moderate Buy, an improvement from last year's Hold, with expectations of at least a 20% rise from the May close [4]. - The consensus price target has increased by 5% in May and 16% year-over-year, indicating a bullish trend [3]. - Despite a downgrade from Moderate Buy to Hold by one analyst due to valuation concerns, the majority of analysts foresee a high-end price range of $130 to $140, suggesting a potential gain of nearly 40% [4]. Group 4: Market Dynamics - Okta's stock price forecast indicates a 17.31% upside, with a current price of $103.65 and a high forecast of $140.00 [9]. - Short interest in Okta's stock is elevated at nearly 5%, which could lead to volatility in the stock price [9][10]. - The stock is currently above critical support levels, suggesting potential for a rebound if the market remains stable [10].

Core Insights - Aeries Technology, Inc. has announced a strategic partnership with Fortra to establish Global Capability Centers (GCCs) in India and Mexico, aimed at expanding Fortra's workforce and creating a nearshore hub [1][2] - The collaboration will leverage Aeries' expertise to enhance Fortra's core business functions, providing access to a skilled talent pool, ensuring cost efficiency, and supporting operational scaling [2][3] - This partnership is expected to foster innovation, optimize operational efficiency, and accelerate digital transformation initiatives for Fortra [2] Company Overview - Aeries Technology is a global leader in GCC solutions, focusing on establishing GCCs for Private Equity's Portfolio Companies and offering a comprehensive suite of Advisory & Value Creation solutions [5] - The company has grown to over 1,800 professionals since its founding in 2012 and has received the Great Place to Work Certification for two consecutive years, highlighting its commitment to workforce development [6] - Fortra specializes in advanced cybersecurity solutions, providing comprehensive protection across the cyber kill chain, with capabilities for real-time threat intelligence and flexible solution delivery [4]

REDWOOD CITY, Calif., June 02, 2025 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a pioneer and global leader of cyber security solutions, today announced that U.S. News & World Report has named the company among its 2025-2026 list of Best Companies to Work For. In addition, Check Point was also recognized as a Best Company to Work For in the IT industry. This recognition highlights Check Point’s commitment to fostering a culture of innovation, inclusion, and continuous growth ...

Castellum, Inc. to Participate in the “2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow” Castellum, Inc. (NYSE-American: CTM), announces that its Chief Executive Officer, Glen Ives, has been invited to present at the “2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow,” presented by Maxim Group LLC, on Tuesday, June 3rd – Thursday, June 5th at 9:00 a.m. EDT - www.castellumus.com VIENNA, Va., June 02, 2025 (GLOBE NEWSWIRE) -- Castellum, Inc. (NYSE-America ...

Core Insights - Radware has launched new Threat Intelligence Services, including the Telegram Claimed Attacks Report and TLS Fingerprint Reputation Feed, aimed at providing real-time intelligence to combat cyber threats before they occur [1][2][3] Product Features - The Telegram Claimed Attacks Report aggregates claims from hacker groups on Telegram, offering real-time visibility into cyber threats targeting specific regions or industries [3] - The TLS Fingerprint Reputation Feed proactively identifies and blocks malicious TLS fingerprints using advanced analytics and global threat intelligence, enhancing Radware's DDoS Protection [3][6] - The services provide timely insights, proactive threat management, and intuitive dashboards that refresh data every 15 minutes, allowing easy filtering by industry and geography [5][6] Company Overview - Radware is a global leader in application security and delivery solutions for multi-cloud environments, utilizing AI-driven algorithms for real-time protection against sophisticated cyber threats [4] - The company has received numerous awards and recognitions from industry analysts, highlighting its strong position in the cybersecurity market [3]

Core Insights - SentinelOne is leveraging artificial intelligence (AI) to enhance its cybersecurity platform, Singularity, which aims to reduce alert fatigue and improve threat detection and response [1][4][6] - The company's stock has seen a significant decline of 77% from its all-time high in 2021, but analysts are optimistic about its current valuation and growth potential [2][13] - SentinelOne's recent introduction of Purple AI Athena represents a significant advancement in its technology, allowing for more autonomous threat management [5][6] Company Performance - SentinelOne reported a record revenue of $229 million in Q1 of fiscal 2026, marking a 23% increase year-over-year, although this reflects a slowdown from the previous quarter's 29% growth [8] - Following the Q1 results, management adjusted its full-year revenue guidance for fiscal 2026 down by approximately 1% to $998.5 million, citing macroeconomic uncertainty as a key factor [9][10] Market Position - The stock is currently viewed as undervalued compared to peers, with 23 out of 39 analysts giving it the highest buy rating, and an average price target suggesting a potential upside of 33% to 107% over the next 12 to 18 months [11][12][16] - Despite being the smallest vendor in its competitive group, SentinelOne's technological capabilities, as evidenced by its performance in the MITRE ATT&CK Evaluations, indicate it is maintaining a strong position in the market [15][16] Future Outlook - The company believes it has a $100 billion addressable market opportunity, suggesting significant growth potential as it continues to innovate and expand its market share [16]