ZS Stock Recent News

Industry's Largest Cloud Security Platform Scales to New Heights to Deliver Customers Unmatched Capacity, Non-Stop Operations and Superior Threat Detection, Prevention and Response Industry's Largest Cloud Security Platform Scales to New Heights to Deliver Customers Unmatched Capacity, Non-Stop Operations and Superior Threat Detection, Prevention and Response

Zscaler's share price has declined due to weak FY25 guidance, but current weakness is likely to prove temporary, presenting an attractive entry point. Current weakness is in large part the result of changes to the sales organization and subsequent attrition. Attrition now appears to be normalizing. Revenue growth is expected to stabilize in the second half of FY25, driven by new and upsell business and improved sales productivity.

I recommend investors to buy the dip in Zscaler after a ~25% slide in the stock this year. Zscaler slid further when its FY25 outlook slightly missed Street expectations, but its billings results foreshadow stronger growth ahead than its guidance might currently imply. The company has seen stabilization in its sales attrition as well, which may help it deliver a series of beat-and-raise quarters as it begins FY25.

Zscaler reported strong Q4 results with 30% YoY revenue growth and significant margin expansion. The stock has faced pressure from management's conservative billings guidance, but growth is accelerated to pick up in the back half of the year. Zscaler has a net cash balance sheet and is close to sustainable GAAP profitability.

SAN JOSE, Calif., Sept. 30, 2024 (GLOBE NEWSWIRE) --   Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced the appointment of Adam Geller as Chief Product Officer to scale and accelerate the company's next phase of innovation and growth.

Zscaler (ZS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Expanded Offerings Enhance Zero Trust Enforcement and Modernize the Security Operations Center Expanded Offerings Enhance Zero Trust Enforcement and Modernize the Security Operations Center

Zscaler's guidance for the new fiscal year indicates that its growth will slow remarkably. The company is struggling amid a weak spending environment, but investors should look at the bigger picture.

Investors interested in stocks from the Internet - Services sector have probably already heard of HealthStream (HSTM) and Zscaler (ZS). But which of these two stocks presents investors with the better value opportunity right now?

Zscaler, Inc. (NASDAQ:ZS ) Goldman Sachs Communacopia + Technology Conference 2024 September 11, 2024 12:30 PM ET Company Participants Jay Chaudhry - Chairman and CEO Remo Canessa - CFO Conference Call Participants Gabriela Borges - Goldman Sachs Daniel Church - Goldman Sachs Gabriela Borges All right. We will kick it off.