Added to YB: 2024-10-07
Pitch date: 2024-10-05
ZS [bullish]
Zscaler, Inc.
+15%
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 Zero Trust SASE, a solution that securely connects workforces, AI agents, workloads, and IoT/OT devices to cloud apps and AI services; Zscaler Internet Access, which provides advanced threat protection, sandbox, and zero trust firewall; Zscaler Private Access solution that includes cyberthreat and data protection, application discovery, secure application access, application segmentation, application protection, and reduced attack surface; Zero Trust Browser, a solution that secures browser-based access to business applications for the extended workforce, including third parties and partners; Zscaler Digital Experience, a solution that monitors end-user experience and helps organizations identify and resolve performance issues across their digital environment; Zero Trust Branch; and Zero Trust Cloud solutions.
Market Cap
$31.5B
Pitch Price
$173.39
Price Target
213.50 (+7%)
Dividend
N/A
EV/EBITDA
176.74
P/E
-489.57
EV/Sales
8.91
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.
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