Zscaler, Inc. Common Stock (ZS)
Zscaler, Inc. (ZS) is a cybersecurity company that provides cloud-based security solutions to organizations. Its platform offers secure access to applications and data from any location, enabling secure internet and web gateway services, cloud firewall, and data loss prevention. Established in 2008, Zscaler aims to improve security, simplify IT infrastructure, and support digital transformation initiatives for enterprise clients worldwide.
Company News
IGEL introduces a Business Continuity & Disaster Recovery solution that enables organizations to recover secure access and productivity within minutes during a cyberattack by using a dual-boot capability on existing devices.
Cybersecurity firm Zscaler saw its stock rise nearly 3% after an analyst upgrade from Freedom Capital Markets, citing strong quarterly performance with 21% revenue growth and broad-based product offerings.
Several notable companies are reporting earnings this week, including NIO, Broadcom, Zscaler, Figma, Salesforce, and others, with investors closely watching their financial performance during a holiday-shortened week.
Analysts highlight three cybersecurity stocks poised for growth in 2025, driven by increasing cybercrime costs expected to surpass $10.5 trillion and the expanding impact of AI on digital security.
Zscaler (ZS) stock gained 1.47% in the latest trading day, outpacing the S&P 500's 1.08% rise. However, the stock has fallen 10.12% in the past month, lagging the sector and the broader market. Analysts expect Zscaler to post earnings growth of 7.81% and revenue growth of 24.64% in its upcoming earnings report.
