Expert Ratings For Zscaler
Portfolio Pulse from Benzinga Insights
Analysts have provided varied opinions on Zscaler (NASDAQ:ZS) over the past three months, with 27 analysts offering ratings. The average 12-month price target for ZS is now $214.59, up 13.28% from the previous target of $189.44. Multiple analysts have raised their price targets and ratings, reflecting a positive outlook on the company's performance. Zscaler is a SaaS firm specializing in cloud-native cybersecurity solutions. Despite its impressive revenue growth of 39.7%, the company's market capitalization is below the industry average, and it has lower net margin and ROE compared to industry benchmarks.
January 10, 2024 | 7:01 pm
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POSITIVE IMPACT
Analysts have a generally positive outlook on Zscaler, with several raising their price targets and ratings. The company has shown strong revenue growth, but financial metrics such as net margin and ROE are below industry averages.
The positive revisions in analyst ratings and price targets suggest a bullish sentiment towards Zscaler's stock in the short term. The increase in the average price target indicates that analysts expect the stock to perform well. However, investors may also consider the company's below-average financial metrics when making investment decisions.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100