ZS stock icon

Zscaler
ZS

$201.90
3%
 

About: Zscaler is a software-as-a-service, or SaaS, firm focusing on providing cloud-native cybersecurity solutions to primarily enterprise customers. Zscaler's offerings can be broadly partitioned into Zscaler Internet Access, which provides secure access to external applications, and Zscaler Private Access, which provides secure access to internal applications. The firm is headquartered in San Jose, California, and went public in 2018.

Employees: 5,962

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 56 analysts
0
News positive %
of 33 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

43% more repeat investments, than reductions

Existing positions increased: 307 | Existing positions reduced: 215

1.01% more ownership

Funds ownership: 46.11% [Q4 2023] → 47.12% (+1.01%) [Q1 2024]

1% less funds holding

Funds holding: 713 [Q4 2023] → 706 (-7) [Q1 2024]

7% less first-time investments, than exits

New positions opened: 100 | Existing positions closed: 107

11% less capital invested

Capital invested by funds: $15.2B [Q4 2023] → $13.5B (-$1.63B) [Q1 2024]

14% less call options, than puts

Call options by funds: $1.32B | Put options by funds: $1.54B

43% less funds holding in top 10

Funds holding in top 10: 14 [Q4 2023] → 8 (-6) [Q1 2024]

Research analyst outlook

56 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$180
11%
downside
Avg. target
$238
18%
upside
High target
$290
44%
upside

56 analyst ratings

41 positive
73%
15 neutral
27%
negative
0%
Cantor Fitzgerald
Yi Fu Lee
1%downside
$200
Neutral
Reiterated
21 Jun 2024
JMP Securities
Trevor Walsh
34%upside
$270
Market Outperform
Reiterated
17 Jun 2024
BMO Capital
Keith Bachman
3%upside
$208
Outperform
Reiterated
14 Jun 2024
JP Morgan
Brian Essex
14%upside
$230
Overweight
Upgraded
14 Jun 2024
Needham
Alex Henderson
44%upside
$290
Strong Buy
Reiterated
14 Jun 2024

Financial journalist opinion

Based on 33 articles about ZS published over the past 30 days