Zscaler (ZS) Tops Q4 EPS by 5c, Offers Guidance

Go back to Zscaler (ZS) Tops Q4 EPS by 5c, Offers Guidance

Zscaler (ZS) PT Raised to $340 at Canaccord Genuity

September 10, 2021 7:22 AM EDT

Canaccord Genuity analyst Michael Walkley raised the price target on Zscaler (NASDAQ: ZS) to $340.00 (from $300.00) while maintaining a Buy rating.

The analyst commented, "Zscaler reported strong Q4 results with revenue, billings, and profitability all ahead of our/Street estimates. Key positives from the print included (1) Billings grew 70%+ for the third straight... More

Zscaler (ZS) PT Raised to $315 at BMO Capital

September 10, 2021 6:41 AM EDT

BMO Capital analyst Keith Bachman raised the price target on Zscaler (NASDAQ: ZS) to $315.00 (from $250.00) while maintaining an Outperform rating.

The analyst commented, "We believe the quarters highlights include ST billings growth accelerating by 10 points and CRPO growth accelerating by 8 points on relatively... More

Zscaler (ZS) PT Raised to $314 at Cowen

September 10, 2021 6:38 AM EDT

Cowen analyst Shaul Eyal raised the price target on Zscaler (NASDAQ: ZS) to $314.00 (from $255.00) while maintaining an Outperform rating.

The analyst commented, "ZS F4Q21 results exceeded Street's estimates for revenue (up 57% y/y), EPS, and billings (up 70% y/y) amongst other... More

Zscaler (ZS) PT Raised to $320 at Mizuho Securities

September 10, 2021 6:36 AM EDT

Mizuho Securities analyst Gregg Moskowitz raised the price target on Zscaler (NASDAQ: ZS) to $320.00 (from $280.00) while maintaining a Buy rating following strong results.

The analyst commented, "ZS reported a very strong F4Q, as billings growth of 70% materially exceeded consensus expectations of low... More

Zscaler (ZS) Gains Following 'Another Stellar Performance,' Analysts Raise PTs

September 10, 2021 4:52 AM EDT

Shares of Zscaler (NASDAQ: ZS) are up about 3% in pre-market Friday after the company delivered better-than-expected FQ4 earnings.

ZS said it made a profit of $0.14 per share to top the analyst estimate of $0.09. Sales for the quarter came in at $197.1 million versus the consensus estimate of $186.82 million.

"We delivered outstanding results for the fourth quarter, with a record number of large deals across diverse sectors driving 57% revenue growth and 70% billings growth year over year, finishing the fiscal year with strong business momentum,"... More

Zscaler (ZS) Q4 Revenues Grow 57%, Billings Up 70%

September 9, 2021 5:11 PM EDT

Zscaler (NASDAQ: ZS) delivered strong Q4 results, with EPS coming in at $0.14, beating the consensus estimate of $0.09. Quarterly revenue grew 57% year-over-year to $197.1 million, better than the consensus estimate of $186.82 million. The company's calculated billings increased 70% year-over-year in Q4 to $332.2 million.

CEO Jay... More