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Added to YB: 2024-10-16

Pitch date: 2024-10-15

ZS [bullish]

Zscaler, Inc.

+21.05%

current return

Author Info

No bio for this author

Company Info

Zscaler, Inc. operates as a cloud security company worldwide. The company offers cyberthreat protection products, including Zscaler Internet Access, which provides threat protection, cloud sandbox, and cloud browser isolation; Zscaler Private Access solution that includes cyberthreat and data protection, application discovery, secure application access, application segmentation, application protection, reduced attack surface, and browser isolation; Zero Trust Firewall; Cloud Sandbox; and Zero Trust Browser.

Market Cap

$40.1B

Pitch Price

$195.20

Price Target

N/A

Dividend

N/A

EV/EBITDA

1.1K

P/E

-955.42

EV/Sales

13.63

Sector

Software

Category

growth

Show full summary:
JPM - Zscaler is strengthening position

ZS: Zero-trust platform gaining traction, mentioned in 50% enterprise meetings. New CPO (Adam Geller) & CRO (Mike Rich) driving growth. 6x upsell opportunity from new products. Simplified pricing, fewer SKUs. Well-positioned for GenAI security, data security momentum. Avalor acquisition to leverage network data volume.

Read full article (1 min)