Professional
Added to YB: 2024-01-08
Pitch date: 2024-01-08
ZS [bullish]
Zscaler, Inc.
+2.07%
current return
Author Info
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Company Info
Zscaler, Inc. operates as a cloud security company worldwide. The company offers cyberthreat protection products, including Zero Trust SASE, a solution that securely connects workforces, AI agents, workloads, and IoT/OT devices to cloud apps and AI services; Zscaler Internet Access, which provides advanced threat protection, sandbox, and zero trust firewall; Zscaler Private Access solution that includes cyberthreat and data protection, application discovery, secure application access, application segmentation, application protection, and reduced attack surface; Zero Trust Browser, a solution that secures browser-based access to business applications for the extended workforce, including third parties and partners; Zscaler Digital Experience, a solution that monitors end-user experience and helps organizations identify and resolve performance issues across their digital environment; Zero Trust Branch; and Zero Trust Cloud solutions.
Market Cap
$38.1B
Pitch Price
$215.96
Price Target
255.00 (+16%)
Dividend
N/A
EV/EBITDA
215.98
P/E
-592.73
EV/Sales
10.89
Sector
Software
Category
growth
Zscaler, Inc. (ZS - Outperform)
$ZS: Cloud security leader poised for Zero Trust dominance beyond 2024. Stable CIO budgets, record pipeline, aggressive GTM & R&D, AI advancements like Risk360 to drive 30%+ growth. $255 PT on 12.6x CY25E EV/Sales, slight premium to SaaS peers on strong market position. Risks: competition, losses, macro.
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