Professional
Added to YB: 2024-01-08
Pitch date: 2024-01-08
ZS [bullish]
Zscaler, Inc.
+32.23%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$44.8B
Pitch Price
$215.96
Price Target
255.00 (-11%)
Dividend
N/A
Sector
Software
Category
growth
Zscaler, Inc. (ZS - Outperform)
$ZS: Cloud security leader poised for Zero Trust dominance beyond 2024. Stable CIO budgets, record pipeline, aggressive GTM & R&D, AI advancements like Risk360 to drive 30%+ growth. $255 PT on 12.6x CY25E EV/Sales, slight premium to SaaS peers on strong market position. Risks: competition, losses, macro.
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