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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

Show full summary:
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.

Read full article (1 min)