Wall Street cheers Zscaler’s upbeat outlook and new CFO; shares climb premarket
View all comments(0)
Cloud security company Zscaler's ZS.O shares rise 4.2% to $261.58 premarket
Co named Kevin Rubin as its chief financial officer and raised its annual results forecast on Thursday
At least 4 brokerages increased their PT post the results
RBC remains bullish on co, citing strong quarterly performance, improved outlook, and strategic initiatives like a new CFO and flexible credit offerings
Co now expects annual earnings between $3.18 and $3.19 per share, against its earlier forecast of $3.04 to $3.09 apiece
Analysts' average rating is equivalent of "buy"; median PT $244 - data compiled by LSEG
As of last close, shares up ~39.2% YTD
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Like
Recommended Articles
Featured Tools
Top News
Why SanDisk Stock Could Soar to $4,000?

Is Micron the Next Nvidia? Why the 2026 "Memory Crunch" Makes MU Stock a Top AI Buy

AI Chip Sector Adds Heavyweight Player, Nvidia Rival Cerebras Plans to List Next Week, Targeting Largest US IPO of the Year

'Big Short' Burry Doubles Down: Nvidia, Palantir Short Positions Double in Big Bet on AI Bubble Bursting

Global First Storage ETF Surges 88% Five Weeks After Listing. Is It Too Late to Buy Now?

Tradingkey







Comments (0)
Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.