Added to YB: 2024-10-07
Pitch date: 2024-10-05
ZS [bullish]
Zscaler, Inc.
+93.94%
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
$52.4B
Pitch Price
$173.39
Price Target
213.50 (-37%)
Dividend
N/A
EV/EBITDA
2.4K
P/E
-1.2K
EV/Sales
18.95
Sector
Software
Category
growth
Zscaler (ZS) Sets Up for a Re-Rating: Best-in-Class Product and Billings Momentum Could Propel Shares Higher
ZS: Infra SaaS play with potential for 22% upside. 19.5% 2yr billings CAGR expected. Positive rev revisions, 41% below 5yr avg EV/rev mult. RSI 46, high beta. Conserv. FY26 rev $3.1B, 11.5x EV/rev multiple = $213.5 PT. Risks: billings growth, mgmt messaging. Key levels: 100d MA $180.5, 50d $177, 200d $195.
Read full article (3 min)