Zscaler Inc is a cybersecurity company that provides a cloud-based platform designed to secure internet traffic and protect organizations from cyber threats
By leveraging its innovative Zero Trust architecture, Zscaler enables secure access to applications and data for users, regardless of their location or device. Their solutions help enterprises enhance security and minimize risks associated with data breaches, while also simplifying network infrastructure. With a focus on digital transformation, Zscaler empowers businesses to adopt cloud technologies seamlessly while maintaining robust security controls.
Shares of cloud security platform Zscaler (NASDAQZS)
jumped 7.2% in the morning session as the debate around the future of AI continues following the unveiling of DeepSeek. The market is recalibrating and rotating to stocks that are not only more insulated if DeepSeek prevails in the AI arms race but to stocks that may actually benefit no matter who wins that race. The proliferation of AI will be a general tailwind to demand for cybersecurity, big data, and automation software.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Zscaler (NASDAQZS) and its peers.
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The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Okta (NASDAQOKTA) and the rest of the cybersecurity stocks fared in Q3.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Tenable (NASDAQTENB) and its peers.
Zscaler (NASDAQZS) shares tanked more than 7% in premarket trading following its FQ1/CQ3 earnings report, opening a textbook buy-the-dip opportunity. The results failed to impress the analysts, but that is the only thing wrong with the report. The analysts had set a high bar for the company to beat, and the results were as expected, which is excellent. The takeaway is that sentiment took a hit but not the fundamental outlook, which is robust.
Shares of cloud security platform Zscaler (NASDAQZS)
fell 8.7% in the morning session after the company reported third-quarter (fiscal Q1'2025) earnings: What was less exciting was that the company gave revenue and adjusted operating profit for the next quarter that was only in line with expectations. It seems that for a high-multiple stock that's up nearly 15% in the last month (prior to the release of quarterly earnings), expectations were for more convincing guidance. Also, CFO Remo Canessa announced his retirement, a development that always adds more uncertainty to guidance.
