This summary was created by AI, based on 4 opinions in the last 12 months.
Zscaler Inc. (ZS-Q) is a consistently performing cybersecurity stock that has reported strong demand for its services. The company recently exceeded expectations, leading to a significant increase in share value. Zscaler's focus on digital transformation and security has positioned it as a leader in the sector, providing protection against cyberattacks and data loss for thousands of customers. Overall, the company appears to be in a strong position and is meeting market demands effectively.
Hit its 52-week high today and probably the most-loved stock in this sector. Demand for cybersecurity is strong now as companies seek online protection.
A May 8 pre-announcement sent shares up 20% that the quarter is going much better than expected and boosted their guidance. Shares have soared about 50%. Today, they reported a beat and even better guidance
Cybersecurity stocks--despite several recent major hacks--have gone nowhere, because of their high valuations by any metric. In mid-April they topped and sold off, but are back to their April highs, including Palo Alto and Zscaler. The bigger picture is that what happens if cybercriminals go after the banks or exchanges? Yes, these stocks are expensive, but you want to buy them, such as Palo and Zscaler. Cyber attacks aren't going away, but will get worse.
Zscaler Inc. is a American stock, trading under the symbol ZS-Q on the NASDAQ (ZS). It is usually referred to as NASDAQ:ZS or ZS-Q
In the last year, 3 stock analysts published opinions about ZS-Q. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Zscaler Inc..
Zscaler Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Zscaler Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered Zscaler Inc. In the last year. It is a trending stock that is worth watching.
On 2024-03-18, Zscaler Inc. (ZS-Q) stock closed at a price of $195.89.
It reports Thursday. It reports consistently in a sector that's disappointed lately.