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Added to YB: 2024-01-08

Pitch date: 2024-01-08

ZS [bullish]

Zscaler, Inc.

-20.81%

current return

Author Info

No bio for this author

Company Info

Zscaler, Inc. operates as a cloud security company worldwide. The company offers cyberthreat protection products, including Zscaler Internet Access, which provides threat protection, cloud sandbox, and cloud browser isolation; Zscaler Private Access solution that includes cyberthreat and data protection, application discovery, secure application access, application segmentation, application protection, reduced attack surface, and browser isolation; Zero Trust Firewall; Cloud Sandbox; and Zero Trust Browser.

Market Cap

$24.5B

Pitch Price

$215.96

Price Target

255.00 (+49%)

Dividend

N/A

EV/EBITDA

551.02

P/E

-354.80

EV/Sales

7.62

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)