Zscaler, Inc. (ZS)

NASDAQ: ZS · IEX Real-Time Price · USD
174.62
+2.66 (1.55%)
At close: May 10, 2024, 4:00 PM
174.56
-0.06 (-0.03%)
After-hours: May 10, 2024, 7:58 PM EDT
1.55%
Market Cap 26.17B
Revenue (ttm) 1.90B
Net Income (ttm) -138.67M
Shares Out 149.86M
EPS (ttm) -0.95
PE Ratio n/a
Forward PE 63.82
Dividend n/a
Ex-Dividend Date n/a
Volume 1,386,107
Open 173.00
Previous Close 171.96
Day's Range 171.75 - 175.17
52-Week Range 113.16 - 259.61
Beta 0.84
Analysts Strong Buy
Price Target 226.94 (+29.96%)
Earnings Date May 30, 2024

About ZS

Zscaler, Inc. operates as a cloud security company worldwide. The company offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds. It also provides Zscaler Digital Experience that measures end-to-end user experience across b... [Read more]

Sector Technology
IPO Date Mar 16, 2018
Employees 5,962
Stock Exchange NASDAQ
Ticker Symbol ZS
Full Company Profile

Financial Performance

In 2023, Zscaler's revenue was $1.62 billion, an increase of 48.22% compared to the previous year's $1.09 billion. Losses were -$202.34 million, -48.16% less than in 2022.

Financial Statements

Analyst Forecast

According to 35 analysts, the average rating for ZS stock is "Strong Buy." The 12-month stock price forecast is $226.94, which is an increase of 29.96% from the latest price.

Price Target
$226.94
(29.96% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Zscaler to Host Third Quarter Fiscal Year 2024 Earnings Conference Call

Earnings Results to be Released on Thursday, May 30, After the Close of the Market Earnings Results to be Released on Thursday, May 30, After the Close of the Market

1 day ago - GlobeNewsWire

Zscaler Joins Forces with Google to Offer Unparalleled Zero Trust Data and Threat Protection

Enterprises can now Ensure Secure, Remote Access to Private Web Apps across devices and locations with Zscaler and Google Chrome Enterprise Enterprises can now Ensure Secure, Remote Access to Private ...

3 days ago - GlobeNewsWire

VPN Risk Report Finds More Than Half of Organizations Experienced a VPN-related Cyberattack in the Last Year

Zscaler ThreatLabz 2024 annual report reveals 78% of organizations plan to implement a Zero Trust strategy in the next 12 months in response to increasing exploits Zscaler ThreatLabz 2024 annual repor...

3 days ago - GlobeNewsWire

Zscaler Introduces First of Its Kind Digital Experience Monitoring Copilot to Enable IT Support and Operations with AI

Zscaler Digital Experience (ZDX) Copilot effortlessly unlocks network, device, and application performance insights in real-time to help quickly resolve issues impacting end users Zscaler Digital Expe...

15 days ago - GlobeNewsWire

Zscaler Research Finds 60% Increase in AI-Driven Phishing Attacks

Annual ThreatLabz Phishing Report Unveils Rapidly Evolving Phishing Landscape, Underlining the Need to Adopt a Zero Trust Architecture Annual ThreatLabz Phishing Report Unveils Rapidly Evolving Phishi...

17 days ago - GlobeNewsWire

Zscaler Positioned as a Leader in the 2024 Gartner® Magic Quadrant™ for Security Service Edge (SSE) for Third Straight Year

SAN JOSE, Calif., April 18, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced that it has been recognized as a Leader in the 2024 Gartner Magic Quadran...

22 days ago - GlobeNewsWire

Red River Awarded Zscaler Americas Public Sector Partner of the Year

CLAREMONT, N.H. & CHANTILLY, Va.--(BUSINESS WIRE)--Red River is the recipient of the Zscaler Public Sector Partner of the Year award.

22 days ago - Business Wire

GLP Selects Zscaler to Accelerate its Cloud Security Transformation Journey

Leading Real Estate Logistics Provider and Investment Manager Replaces Legacy Firewalls and VPNs for an AI-powered Zero Trust Architecture to Secure its Growing Global Operations Leading Real Estate L...

24 days ago - GlobeNewsWire

Zscaler Extends Zero Trust SASE Leadership and Eliminates the Need for Firewall-Based Segmentation

Acquisition of Airgap Networks will extend Zscaler's Zero Trust Exchange to protect east-west traffic in branches, campuses, and critical OT infrastructure Acquisition of Airgap Networks will extend Z...

4 weeks ago - GlobeNewsWire

6 Cybersecurity Stocks to Buy Now

With a boost in global security spending expected this year, these cybersecurity stocks are worth a closer look.

5 weeks ago - Kiplinger

Zscaler Finds Enterprise Use of AI/ML Tools Skyrocketed Nearly 600% Over the Last Year, Putting Enterprises at Risk

ThreatLabz AI Report Reveals Enterprises Sharing 569 TB of Data to AI Tools, Stressing the Need for Better Data Security

6 weeks ago - GlobeNewsWire

Zscaler and BT Announce New Commercial Partnership to Strengthen BT's Managed Security Services

Partnership will Enable BT to Offer the Full Suite of Zscaler's AI-Powered Zero Trust Solutions to Private and Public Sector Customers Partnership will Enable BT to Offer the Full Suite of Zscaler's A...

6 weeks ago - GlobeNewsWire

Zscaler Positioned as Leader in New Tier 1 Analyst Firm Security Service Edge Research Report

Zscaler is recognized for being an early SSE innovator that “puts SSE to work for Zero Trust” Zscaler is recognized for being an early SSE innovator that “puts SSE to work for Zero Trust”

6 weeks ago - GlobeNewsWire

Zscaler CEO discusses cybersecurity and Avalor deal: 'We can now fight AI with AI'

Looking to strengthen its cloud cybersecurity services and integrate AI into its toolset, Zscaler (ZS) will be acquiring Israeli startup Avalor in a deal valued at $350 million. Zscaler Chairman and C...

2 months ago - Yahoo Finance

Zscaler buys Avalor to bring more AI into its security tools

Zscaler, a cloud security company with headquarters in San Jose, California, has acquired cybersecurity startup Avalor 26 months after its founding, reportedly for $310 million in cash and equity.

2 months ago - TechCrunch

The Future of Security Risk Management and Operations is Data and AI

Zscaler acquires Avalor to unleash the power of enterprise security data with Avalor's Data Fabric for Security™ to bring real-time AI-driven security insights and threat prevention Zscaler acquires A...

2 months ago - GlobeNewsWire

Palo Alto, Zscaler, and Other Cybersecurity Stocks Jump After CrowdStrike Earnings

Unlike Palo Alto, CrowdStrike didn't mention spending fatigue.

Other symbols: CRWDPANW
2 months ago - Barrons

This Analyst With 88% Accuracy Rate Sees More Than 21% Upside In Zscaler - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts - Zscaler (NASDAQ:ZS)

U.S. stocks closed higher on Friday, with the Nasdaq Composite settling higher by over 1% during the session.

2 months ago - Benzinga

Zscaler CEO Jay Chaudhry: We're making good cybersecurity progress with the U.S. government

Jay Chaudhry, Zscaler CEO, joins 'Closing Bell Overtime' to talk quarterly results, the cybersecurity space, government partnerships and more.

2 months ago - CNBC Television

Cramer's Stop Trading: Zscaler

CNBC's Jim Cramer explains why he is keeping an eye on shares of Zscaler Inc.

2 months ago - CNBC Television

Zscaler Stock Falls After Earnings. ‘Any Dip Is a Buying Opportunity,' Analyst Says.

The software security company's fiscal second-quarter adjusted earnings topped analysts' forecasts.

2 months ago - Barrons

Zscaler shares fall as revenue growth pace slows

Zscaler shares fell more than 6% in premarket trading on Friday after the cybersecurity firm disappointed investors with a slower pace of revenue growth and its failure to keep a tight lid on costs.

2 months ago - Reuters

Zscaler earnings top expectations, but the cybersecurity stock falls

Zsacler Inc. topped expectations with its latest results and outlook, but its stock was moving lower in Thursday's extended session.

2 months ago - Market Watch

Zscaler shares slipping after Q2 results likely 'profit taking', says Truist's Joel Fishbein

Joel Fishbein, Truist Managing Director, joins 'Closing Bell Overtime' to talk Zscaler earnings.

2 months ago - CNBC Television

Zscaler Posts Beat-And-Raise Quarter. The Stock Slides Anyway.

For the fiscal second quarter ended Jan. 31, Zscaler posted revenue of $525 million, up 35% from a year earlier.

2 months ago - Barrons