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Zscaler: Tremendous Opportunity In This Slide [Seeking Alpha]
Last zscaler, inc. earnings: 2/20 04:05 pm
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10min Summary I recommend investors to buy the dip in Zscaler after a ~25% slide in the stock this year. Zscaler slid further when its FY25 outlook slightly missed Street expectations, but its billings results foreshadow stronger growth ahead than its guidance might currently imply. The company has seen stabilization in its sales attrition as well, which may help it deliver a series of beat-and-raise quarters as it begins FY25. Though not cheap at ~9x forward revenue, Zscaler enjoys tremendous secular tailwinds and is a high-quality company overdue for a rebound. hapabapa I often stay away from high-flying stocks as they're in the euphoric phase, trading mostly on momentum. However, I don't show away from these plays at all once they stumble, and once we're able to assess the underlying fundamentals and assign a reasonable valuation This article was written by Gary Alexander 28.91K Follower s Follow With combined experience of covering technology companies on
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- Nokia Turns to Zscaler to Modernize Security Architecture and Accelerate Cloud Transformation Initiatives [Yahoo! Finance][Yahoo! Finance]
- Nokia Turns to Zscaler to Modernize Security Architecture and Accelerate Cloud Transformation Initiatives[GlobeNewswire]
- Is Zscaler (ZS) a Buy as Wall Street Analysts Look Optimistic? [Yahoo! Finance][Yahoo! Finance]
- Got $5,000? 3 Tech Stocks to Buy and Hold for the Long Term. [Yahoo! Finance][Yahoo! Finance]
- Cognizant and Zscaler Expand Partnership to Accelerate Adoption of AI-enabled Zero Trust Security [Yahoo! Finance][Yahoo! Finance]
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