ZscalerZS
Market Cap: $23.7B
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 Q2 SEC filings by fund managers ($100M+ AUM)
29% more repeat investments, than reductions
Existing positions increased: 293 | Existing positions reduced: 227
2% less capital invested
Capital invested by funds: $13.7B [Q1] → $13.4B (-$310M) [Q2]
6% less call options, than puts
Call options by funds: $1.3B | Put options by funds: $1.38B
1.63% less ownership
Funds ownership: 47.85% [Q1] → 46.23% (-1.63%) [Q2]
2% less funds holding
Funds holding: 713 [Q1] → 701 (-12) [Q2]
11% less first-time investments, than exits
New positions opened: 98 | Existing positions closed: 110
38% less funds holding in top 10
Funds holding in top 10: 8 [Q1] → 5 (-3) [Q2]
Research analyst outlook
29 Wall Street Analysts provided 1 year price targets over the past 3 months
29 analyst ratings
Susquehanna Shyam Patil 60% 1-year accuracy 34 / 57 met price target | 34%upside $210 | Positive Maintained | 5 Sept 2024 |
Rosenblatt Catharine Trebnick 40% 1-year accuracy 23 / 57 met price target | 21%upside $190 | Neutral Maintained | 4 Sept 2024 |
JP Morgan Brian Essex 69% 1-year accuracy 20 / 29 met price target | 40%upside $220 | Overweight Maintained | 4 Sept 2024 |
B of A Securities Tal Liani 47% 1-year accuracy 9 / 19 met price target | 24%upside $195 | Neutral Downgraded | 4 Sept 2024 |
JMP Securities Trevor Walsh 67% 1-year accuracy 36 / 54 met price target | 72%upside $270 | Market Outperform Reiterated | 4 Sept 2024 |
Financial journalist opinion
Based on 49 articles about ZS published over the past 30 days