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 Q3 regulatory filings by fund managers ($100M+ AUM)
80% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 9 (+4) [Q3]
26% more repeat investments, than reductions
Existing positions increased: 285 | Existing positions reduced: 226
1.45% more ownership
Funds ownership: 47.13% [Q2] → 48.58% (+1.45%) [Q3]
5% less funds holding
Funds holding: 712 [Q2] → 675 (-37) [Q3]
8% less capital invested
Capital invested by funds: $13.7B [Q2] → $12.6B (-$1.06B) [Q3]
10% less call options, than puts
Call options by funds: $1.04B | Put options by funds: $1.16B
25% less first-time investments, than exits
New positions opened: 79 | Existing positions closed: 106
Research analyst outlook
20 Wall Street Analysts provided 1 year price targets over the past 3 months
20 analyst ratings
Scotiabank Patrick Colville 52% 1-year accuracy 22 / 42 met price target | 17%upside $225 | Sector Outperform Maintained | 21 Jan 2025 |
Needham Mike Cikos 61% 1-year accuracy 59 / 97 met price target | 24%upside $240 | Buy Reiterated | 10 Jan 2025 |
Wells Fargo Andrew Nowinski 64% 1-year accuracy 25 / 39 met price target | 2%downside $190 | Equal-Weight Maintained | 4 Dec 2024 |
Citigroup Fatima Boolani 83% 1-year accuracy 25 / 30 met price target | 22%upside $235 | Buy Maintained | 4 Dec 2024 |
Loop Capital Yun Kim 45% 1-year accuracy 5 / 11 met price target | 1%upside $195 | Hold Maintained | 3 Dec 2024 |
Financial journalist opinion
Based on 19 articles about ZS published over the past 30 days
