Profile
Sector:
TechnologyIndustry:
Software InfrastructureCountry:
United StatesIPO:
16 March 2018Website:
http://www.zscaler.comNext earnings report:
27 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | 14 min agoDividend
Analysts recommendations
Institutional Ownership
ZS Latest News
Jay Chaudhry, CEO of Zscaler, discusses using AI and improving legal avenues to better address emerging and evolving cybersecurity issues.
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.
In the closing of the recent trading day, Zscaler (ZS) stood at $188.76, denoting a -1.46% change from the preceding trading day.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Annual ThreatLabz Report Highlights Mobile, IoT, and OT Cybersecurity Trends, Risks, and Prescriptive Zero Trust Defense Strategies Annual ThreatLabz Report Highlights Mobile, IoT, and OT Cybersecurity Trends, Risks, and Prescriptive Zero Trust Defense Strategies
Zscaler (ZS) concluded the recent trading session at $198.26, signifying a +1.41% move from its prior day's close.
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 operating profit grew 85% CAGR from FY2020 to FY2024, while free cash flow CAGR was at 115% during the same period, achieving strong growth in profitability. FY2025 outlook shows expected revenue growth of 20-21%, with stronger second-half billings driven by improved sales productivity, a robust pipeline, and second half weighted contracted non-cancelable billings. Zscaler's Zero Trust platform and AI analytics solutions are gaining traction, with notable new logo wins and upsell deals, including in the public sector.
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.
Zscaler reported its Q4 FY24 earnings, which demonstrated strong enterprise expansion and profitability growth, with revenue up 34% YoY and non-GAAP operating income up 84% YoY. Despite FY25 guidance falling short, Zscaler's long-term growth story remains intact, driven by product innovation and deepening customer adoption. The company's focus on account-centric sales and GSI programs, along with federal market penetration, positions it for significant revenue growth by FY29.
What type of business is Zscaler?
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. It also provides Zscaler Digital Experience that measures end-to-end user experience across business applications, as well as provides an easy-to-understand digital experience score for each user, application, and location within an enterprise. In addition, the company offers Posture Control solutions comprising cloud applications and workload data security to protect data in public cloud environments; and Cloud Infrastructure Entitlement Management that provides deep granularity into identity and privilege access management. Further, it provides Workload Segmentation solutions that secures application-to-application communications inside public clouds and data centers; and Zero Trust Device Segmentation solutions that offers agentless segmentation for enterprise IT and OT environments, as well as Zero Trust SD-WAN solutions. Its platform modules include Zscaler Central Authority, Zscaler Enforcement Node, and Zscaler Log Servers. The company serves customers in airlines and transportation, conglomerates, consumer goods and retail, financial services, healthcare, manufacturing, media and communications, public sector and education, technology, and telecommunications services industries. The company was formerly known as SafeChannel, Inc., and changed its name to Zscaler, Inc. in August 2008. Zscaler, Inc. was incorporated in 2007 and is headquartered in San Jose, California.
What sector is Zscaler in?
Zscaler is in the Technology sector
What industry is Zscaler in?
Zscaler is in the Software Infrastructure industry
What country is Zscaler from?
Zscaler is headquartered in United States
When did Zscaler go public?
Zscaler initial public offering (IPO) was on 16 March 2018
What is Zscaler website?
https://www.zscaler.com
Is Zscaler in the S&P 500?
No, Zscaler is not included in the S&P 500 index
Is Zscaler in the NASDAQ 100?
Yes, Zscaler is included in the NASDAQ 100 index
Is Zscaler in the Dow Jones?
No, Zscaler is not included in the Dow Jones index
When was Zscaler the previous earnings report?
No data
When does Zscaler earnings report?
The next expected earnings date for Zscaler is 27 November 2024