ZS News and Press, Zscaler Inc. From 11/02/23

2023-11-02 05:45:00 ET New investors with long time horizons tend to gravitate to growth stocks. With the ability to take risks and hold a long time, investors can build considerable wealth over decades. Some may start with an amount like $10,000. While that does not sound like a massiv...

2023-11-01 12:00:43 ET Summary Check Point Software Technologies had another typically Check Point quarter, with fodder for both bulls (above-Street revenue, subscription growth acceleration, above-Street margins) and bears (weak billings, yoy margin decline). Check Point's recent...

2023-11-01 09:43:20 ET Summary Zscaler faces high investor expectations with a valuation of 71x forward EPS. Billings remains strong, reflecting hyper-growth and investor confidence. Valuation sensitivity heightens, indicating caution among investors. Investment Thes...

2023-10-24 10:20:00 ET Summary Tech stocks are getting cheaper - while interest rates are weighing on stock prices, valuations are starting to approach historic lows. Consumer vs. B2B - comps are getting tougher for consumer tech, while enterprise tech is at the bottom of the cycl...

Key findings : The manufacturing industry, which relies heavily on both IoT and OT, was the top targeted sector, bearing the brunt of blocked IoT malware attacks, accounting for 54.5% of all attacks and averaging 6,000 weekly attacks across all monitored devices Education expe...

2023-10-20 10:47:20 ET Summary Veeva is one of the leading software providers to the life sciences industry. Recently growth has slowed, mainly a function of saturation in the company's historic core of providing CRM solutions to the pharma industry. The company is in the proc...

2023-10-19 11:25:41 ET Summary Global X Cloud Computing ETF invests in companies benefiting from cloud computing technology. Top holdings include Zscaler, Qualys, and Dropbox, with strong revenue growth and stock performance. CLOU has returned 16% over the past year but underp...

2023-10-19 11:01:59 ET More on CrowdStrike, Fortinet, etc. Fortinet: A Strong Bargain In The Growing Cybersecurity Sector CrowdStrike: Priced For Perfection (Rating Downgrade) CrowdStrike: Still In The Strike Zone Fortinet drops amid Barclays downgrade ...

Shares of Zscaler, Inc. (NASDAQ: ZS) traded at a new 52-week high today and are currently trading at $173.89. So far today, approximately 400.16k shares have been exchanged, as compared to an average 30-day volume of 1.6M shares. Zscaler, Inc. operates as a cloud security company worldwide. T...

2023-10-17 10:53:49 ET Summary Cisco Systems' recent financial results were strong, but the planned acquisition of Splunk for $28 billion adds operational and financial risk without adding significant value. The acquisition brings together two leaders in network security and obser...