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Wall Street Analysts Believe Zscaler (ZS) Could Rally 27.05%: Here's is How to Trade [Yahoo! Finance]
Last zscaler, inc. earnings: 2/20 04:05 pm
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upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $231.89 indicates a potential upside of 27.1%. The mean estimate comprises 35 short-term price targets with a standard deviation of $28.48. While the lowest estimate of $180 indicates a 1.4% decline from the current price level, the most optimistic analyst expects the stock to surge 58.9% to reach $290. It's very important to note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts. While the consensus price target is a much-coveted metric for investors, solely banking on this metric to make an investment decision may not be wise at all. That's because the ability and unbiasedness of analysts in setting price targets have long been questionable. However, an impressive consensus price target is not the only factor that indicate
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NEWS
- Stock Market News for Jun 28, 2024 [Yahoo! Finance][Yahoo! Finance]
- Earnings Estimates Moving Higher for Zscaler (ZS): Time to Buy? [Yahoo! Finance][Yahoo! Finance]
- Brokers Suggest Investing in Zscaler (ZS): Read This Before Placing a Bet [Yahoo! Finance][Yahoo! Finance]
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ZS
SEC Filings
SEC Filings
- 6/21/24 - Form 4
- 6/21/24 - Form 144
- 6/20/24 - Form 4
- ZS's page on the SEC website
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