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]
27% more repeat investments, than reductions
Existing positions increased: 285 | Existing positions reduced: 225
1.05% more ownership
Funds ownership: 46.98% [Q2] → 48.03% (+1.05%) [Q3]
5% less funds holding
Funds holding: 711 [Q2] → 674 (-37) [Q3]
8% less capital invested
Capital invested by funds: $13.6B [Q2] → $12.5B (-$1.16B) [Q3]
10% less call options, than puts
Call options by funds: $1.04B | Put options by funds: $1.16B
32% less first-time investments, than exits
New positions opened: 79 | Existing positions closed: 116
Research analyst outlook
21 Wall Street Analysts provided 1 year price targets over the past 3 months
21 analyst ratings
Wells Fargo Andrew Nowinski 65% 1-year accuracy 24 / 37 met price target | 1%upside $190 | Equal-Weight Maintained | 4 Dec 2024 |
Citigroup Fatima Boolani 74% 1-year accuracy 23 / 31 met price target | 25%upside $235 | Buy Maintained | 4 Dec 2024 |
Loop Capital Yun Kim 56% 1-year accuracy 5 / 9 met price target | 4%upside $195 | Hold Maintained | 3 Dec 2024 |
BMO Capital Keith Bachman 80% 1-year accuracy 47 / 59 met price target | 18%upside $222 | Outperform Maintained | 3 Dec 2024 |
RBC Capital Matthew Hedberg 70% 1-year accuracy 147 / 209 met price target | 23%upside $230 | Outperform Maintained | 3 Dec 2024 |
Financial journalist opinion
Based on 51 articles about ZS published over the past 30 days