Latest news with #Zscaler
Yahoo
2 days ago
- Business
- Yahoo
Zscaler price target raised to $290 from $245 at Evercore ISI
Evercore ISI raised the firm's price target on Zscaler (ZS) to $290 from $245 and keeps an Outperform rating on the shares. Zscaler delivered 'a stellar F3Q,' surpassing expectations across key metrics and reinforcing confidence in the new go-to-market strategy, the analyst tells investors. However, caution is advised as FY26 consensus estimates 'seem overly optimistic for now,' adds the analyst, whose initial FY26 revenue growth estimate is set at 18.5%, below the consensus of 20.2%. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on ZS: Disclaimer & DisclosureReport an Issue Zscaler price target raised to $300 from $270 at TD Cowen Zscaler price target raised to $290 from $275 at Cantor Fitzgerald Zscaler price target raised to $300 from $240 at Wedbush Zscaler price target raised to $304 from $288 at RBC Capital Zscaler price target raised to $290 from $250 at Oppenheimer
Yahoo
2 days ago
- Business
- Yahoo
Zscaler price target raised to $300 from $270 at TD Cowen
TD Cowen raised the firm's price target on Zscaler (ZS) to $300 from $270 and keeps a Buy rating on the shares. The firm updated its model as the company's results exceeded F3Q metrics across the board and upped its F4Q. The company is seeing no macro slowdown, its platform approach resonates well with large customers, its pricing scheme (z flex) is positively embraced by customers wishing to expand business with Zscaler, and the acquisition of Red Canary provides an extension into the SOC accelerating agentic AI adoption. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on ZS: Disclaimer & DisclosureReport an Issue Zscaler price target raised to $290 from $275 at Cantor Fitzgerald Zscaler price target raised to $300 from $240 at Wedbush Zscaler price target raised to $304 from $288 at RBC Capital Zscaler price target raised to $290 from $250 at Oppenheimer Zscaler price target raised to $260 from $250 at Loop Capital
Yahoo
2 days ago
- Business
- Yahoo
Zscaler Tops Q3 Estimates, Names New CFO
Zscaler (NASDAQ:ZS) continues to climb on Friday, surging 9% on regular trading Friday, following a Q3 fiscal 2025 beat, with revenue up 23% year-over-year to $678 million versus the $667.1 million consensus and adjusted EPS of $0.84 topping the $0.76 estimate. G Warning! GuruFocus has detected 5 Warning Sign with ZS. AAP net loss narrowed to $0.03 per share, well ahead of the $0.12 loss forecast. Looking ahead, Zscaler guided Q4 revenue of $705 million$707 million (versus $707.2 million expected) and EPS of $0.79$0.80 (vs. $0.77), and reiterated full-year revenue of $2.659 billion$2.661 billion. CEO Jay Chaudhry said surging AI adoption is driving demand for Zscaler's AI-centric security, noting investments to secure both public generative-AI apps and private models. The company also named Kevin Rubinveteran CFO of BetterUp and Alteryxas its new finance chief, aiming to propel Zscaler past $5 billion in ARR. Investors should care because strong beats, healthy guidance and Zscaler's AI security push signal durable growth in the cloud-security market as enterprises race to protect new AI deployments. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Zscaler Tops Q3 Estimates, Names New CFO
Zscaler (NASDAQ:ZS) continues to climb on Friday, surging 9% on regular trading Friday, following a Q3 fiscal 2025 beat, with revenue up 23% year-over-year to $678 million versus the $667.1 million consensus and adjusted EPS of $0.84 topping the $0.76 estimate. G Warning! GuruFocus has detected 5 Warning Sign with ZS. AAP net loss narrowed to $0.03 per share, well ahead of the $0.12 loss forecast. Looking ahead, Zscaler guided Q4 revenue of $705 million$707 million (versus $707.2 million expected) and EPS of $0.79$0.80 (vs. $0.77), and reiterated full-year revenue of $2.659 billion$2.661 billion. CEO Jay Chaudhry said surging AI adoption is driving demand for Zscaler's AI-centric security, noting investments to secure both public generative-AI apps and private models. The company also named Kevin Rubinveteran CFO of BetterUp and Alteryxas its new finance chief, aiming to propel Zscaler past $5 billion in ARR. Investors should care because strong beats, healthy guidance and Zscaler's AI security push signal durable growth in the cloud-security market as enterprises race to protect new AI deployments. This article first appeared on GuruFocus.
Yahoo
2 days ago
- Business
- Yahoo
Zscaler (ZS) Stock Trades Up, Here Is Why
Shares of cloud security platform Zscaler (NASDAQ:ZS) jumped 8.4% in the morning session after the company reported impressive first-quarter 2025 results, with billings, revenue, EPS, and adjusted operating income outperforming Wall Street's estimates. Management clarified there were no changes in the macro environment, which tempered growing concerns cited by peers that reported earlier. Notably, broader market trends around AI and cybersecurity, highlighted by a reported 3,000% increase in enterprise AI usage, suggested an expansion in the addressable market. This is expected to be augmented by recent acquisitions, including Red Canary and Avalor, for data security management. Red Canary reported $140M ARR (annual recurring revenue) earlier in the year, suggesting it will be a significant contributor to growth. Looking ahead, Zscaler reported optimistic full-year EPS guidance, which exceeded analysts' expectations. Overall, we think this was still a solid quarter with some key areas of upside. Is now the time to buy Zscaler? Access our full analysis report here, it's free. Zscaler's shares are somewhat volatile and have had 11 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 9 months ago when the stock dropped 17.8% on the news that the company reported second-quarter earnings. Its billings guidance for next year was slightly below expectations, and furthermore, suggested ean acceleration in growth throughout the year. Management specifically detailed "year-over-year billings growth of approximately 13% in the first half, accelerating to 23% growth in the second half". This made the market quite uncomfortable. On the other hand, Zscaler beat analysts' billings, revenue, and operating income expectations this quarter. Zooming out, we think this was a solid quarter featuring some areas of strength, but the outlook seemed to be weighing on shares. Zscaler is up 49.5% since the beginning of the year, and at $271.65 per share, has set a new 52-week high. Investors who bought $1,000 worth of Zscaler's shares 5 years ago would now be looking at an investment worth $2,470. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
