Zscaler (ZS) shares closed 8.5% higher at $174.69 on the last trading session, driven by strong demand for its AI security and Zero Trust solutions. This increase comes amid a significant volume of shares changing hands, following a 19.6% gain over the past four weeks.
The company is expected to report quarterly earnings of $1.00 per share, reflecting a 19.1% year-over-year increase, with revenues projected at $834.39 million, a 23.1% rise from the previous year. The earnings consensus has remained stable over the last 30 days, with Zscaler holding a Zacks Rank of #3 (Hold).
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
