Zscaler, Inc. – Consensus ‘buy’ rating and -2.5% Downside Potential

Broker Ratings
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Zscaler, Inc. with ticker code (ZS) now have 36 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $255.00 and $180.00 calculating the mean target price we have $216.19. Given that the stocks previous close was at $221.66 this would indicate that there is a downside of -2.5%. The 50 day MA is $182.02 and the 200 day moving average is $145.62. The company has a market cap of 33.01B. The stock price is currently at: $222.55 USD

The potential market cap would be $32,196,867,913 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of -, revenue per share of $12.04 and a -3.96% return on assets.

Zscaler, Inc. (Zscaler) is a cloud security company that has developed a platform incorporating security functionalities needed to enable access to cloud resources based on identity, context, and organization policies. Its solution is a multi-tenant, distributed cloud platform that secures user-to-app, app-to-app, and machine-to-machine communications over various networks and locations. The Company delivers its solutions using a software-as-a-service (SaaS) business model and sells subscriptions to customers to access its cloud platform, together with related support services. Its Zero Trust Exchange is a cloud-native security platform that protects various customers from cyberattacks and data loss by connecting users, devices, and applications in any location. The Company’s cloud services include Zscaler Internet Access (ZIA), Zscaler Private Access (ZPA), and Zscaler Digital Experience (ZDX).

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