Zscaler
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: 7,348
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
29% more repeat investments, than reductions
Existing positions increased: 295 | Existing positions reduced: 228
1% less funds holding
Funds holding: 715 [Q1] → 708 (-7) [Q2]
2% less capital invested
Capital invested by funds: $13.7B [Q1] → $13.4B (-$308M) [Q2]
6% less call options, than puts
Call options by funds: $1.3B | Put options by funds: $1.39B
7% less first-time investments, than exits
New positions opened: 100 | Existing positions closed: 107
1.62% less ownership
Funds ownership: 47.86% [Q1] → 46.25% (-1.62%) [Q2]
38% less funds holding in top 10
Funds holding in top 10: 8 [Q1] → 5 (-3) [Q2]
Research analyst outlook
25 Wall Street Analysts provided 1 year price targets over the past 3 months
25 analyst ratings
Exane BNP Paribas Andrew DeGasperi 100% 1-year accuracy 1 / 1 met price target | 4%downside $180 | Neutral Initiated | 8 Oct 2024 |
Citigroup Fatima Boolani 63% 1-year accuracy 15 / 24 met price target | 23%upside $230 | Buy Maintained | 4 Oct 2024 |
Susquehanna Shyam Patil 78% 1-year accuracy 43 / 55 met price target | 12%upside $210 | Positive Maintained | 5 Sept 2024 |
Rosenblatt Catharine Trebnick 81% 1-year accuracy 22 / 27 met price target | 2%upside $190 | Neutral Maintained | 4 Sept 2024 |
JP Morgan Brian Essex 81% 1-year accuracy 21 / 26 met price target | 18%upside $220 | Overweight Maintained | 4 Sept 2024 |
Financial journalist opinion
Based on 23 articles about ZS published over the past 30 days
