ZscalerZS
Market Cap: 27.4B
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
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
56 analyst ratings
Mizuho Gregg Moskowitz | 21%upside $220 | Neutral Downgraded | 16 Jul 2024 |
Cantor Fitzgerald Yi Fu Lee | 10%upside $200 | Neutral Reiterated | 21 Jun 2024 |
JMP Securities Trevor Walsh | 49%upside $270 | Market Outperform Reiterated | 17 Jun 2024 |
BMO Capital Keith Bachman | 15%upside $208 | Outperform Reiterated | 14 Jun 2024 |
JP Morgan Brian Essex | 27%upside $230 | Overweight Upgraded | 14 Jun 2024 |
Financial journalist opinion
Based on 35 articles about ZS published over the past 30 days