Zscaler (ZS) Stock Sinks 16% Despite Strong Q2 Beat
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February 25, 2022 6:34 AM EST
Mizuho Securities analyst Gregg Moskowitz lowered the price target on Zscaler (NASDAQ: ZS) to $350.00 (from $360.00) while maintaining a Buy rating.
The analyst commented, "ZS reported a very good F2Q, although the magnitude of billings upside was less than what investors have grown... More
February 24, 2022 4:09 PM EST
Zscaler (NASDAQ: ZS) reported Q2 EPS of $0.13, $0.02 better than the analyst estimate of $0.11. Revenue for the quarter came in at $255.6 million versus the consensus estimate of $241.56 million.
GUIDANCE:
Zscaler sees Q3 2022 EPS of $0.10-$0.11, versus the consensus of $0.11. Zscaler sees Q3... More
February 24, 2022 9:57 AM EST
Cybersecurity stocks are gaining amid Russia's invasion of Ukraine and possible hacking threats to the West:
Palo Alto Networks (NASDAQ:
PANW) +7.6%Rapid7, Inc. (NYSE:
RPD) +3.1%Fortinet, Inc. (NASDAQ:
FTNT) +2%Zscaler, Inc. (NASDAQ:
ZS) +2%SailPoint Technologies Holdings, Inc. (NASDAQ:
SAIL) +1.6%...
More
February 22, 2022 1:35 AM EST
(Updated - February 22, 2022 1:44 AM EST)
JMP Securities analyst Trevor Walsh assumes coverage on Zscaler (NASDAQ: ZS) with a Market Outperform rating.
The analyst comments "Within this note we transfer research coverage of Zscaler, maintain our Market Outperform rating, but lower... More
