On Dec 04, major Wall Street analysts update their ratings for $Zscaler (ZS.US)$, with price targets ranging from $220 to $270.
J.P. Morgan analyst Brian Essex maintains with a buy rating, and maintains the target price at $240.
Barclays analyst Saket Kalia maintains with a buy rating, and maintains the target price at $220.
TD Cowen analyst Shaul Eyal maintains with a buy rating, and maintains the target price at $270.
Needham analyst Mike Cikos initiates coverage with a buy rating, and sets the target price at $240.
KeyBanc analyst Eric Heath maintains with a buy rating, and adjusts the target price from $245 to $250.
Furthermore, according to the comprehensive report, the opinions of $Zscaler (ZS.US)$'s main analysts recently are as follows:
Following the fiscal Q1 report, it was noted that the company experienced a notable beat in billings and a reacceleration of bookings growth, alongside strong profitability improvements. However, it was also mentioned that these results may not resolve ongoing debates about the company's stock, as concerns remain regarding 'still-back-end weighted sales execution risk' and Q2 billings projections falling below consensus.
Zscaler's Q1 operating margins, billings, and revenue exceeded consensus estimates. Although Zscaler is regarded as a leader in SSE, there is increased caution surrounding the stock as its growth opportunities may primarily hinge on larger customers while competitors' SASE products evolve in the downmarket.
Following Zscaler's report of a 'healthy' Q1, including billings and revenue growth of 13% and 26% respectively, which surpassed market expectations, estimates have been adjusted upwards. Nonetheless, the potential for heightened competition, along with risks to financial projections and challenges regarding the execution of new initiatives, may impede stock performance.
Zscaler's fiscal Q1 results unveiled numerous positive aspects, notably bookings that surged 30% year-over-year, though the billings growth fell short at 13%, deviating from expectations which anticipated a figure closer to the mid-teens. Additionally, the unexpected retirement of CFO Remo Canessa raises concerns about the forecasted acceleration in the second half of the fiscal year. Nonetheless, the company's adjustments in sales leadership are believed to be stabilizing, potentially bolstering its ability to market its comprehensive platform solutions.
Zscaler's fiscal Q1 results were described as adequate, yet the modest outperformance in billings fell short of expectations. The projections for the fiscal year still anticipate a considerable acceleration in the latter half, coinciding with transitions in the sales organization and the departure of the CFO.
Here are the latest investment ratings and price targets for $Zscaler (ZS.US)$ from 8 analysts:
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美東時間12月4日，多家華爾街大行更新了$Zscaler (ZS.US)$的評級，目標價介於220美元至270美元。
摩根大通分析師Brian Essex維持買入評級，維持目標價240美元。
巴克萊銀行分析師Saket Kalia維持買入評級，維持目標價220美元。
TD Cowen分析師Shaul Eyal維持買入評級，維持目標價270美元。
Needham分析師Mike Cikos首次給予買入評級，目標價240美元。
KeyBanc分析師Eric Heath維持買入評級，並將目標價從245美元上調至250美元。
此外，綜合報道，$Zscaler (ZS.US)$近期主要分析師觀點如下：
根據財政第一季度報告，公司在賬單方面表現良好，預訂增長重新加速，同時盈利能力顯著改善。然而，也提到這些結果可能無法解決關於公司股票的持續爭論，因爲仍然存在對「銷售執行風險仍然後端加權」和第二季度賬單預測低於市場一致預期的擔憂。
zscaler的第一季度運營利潤率、賬單和營業收入均超出了市場一致預期。儘管zscaler被認爲是SSE領域的領導者，但對該股票的謹慎情緒加劇，因爲其增長機會可能主要取決於大客戶，而競爭對手的SASE產品在下游市場上不斷髮展。
在zscaler報告的「健康」第一季度之後，賬單和營業收入分別增長了13%和26%，超出了市場預期，預計也進行了上調。然而，競爭加劇的潛力，以及對財務預測的風險和實施新舉措面臨的挑戰，可能會影響股票表現。
zscaler的財政第一季度結果揭示了許多積極方面，尤其是預訂量同比猛增30%，儘管賬單增長僅爲13%，未達到預期，市場預期接近中位數。此外，CFO Remo Canessa的意外退休引發了對財政年度下半段加速增長的擔憂。儘管如此，公司在銷售領導層的調整被認爲正在穩定，這可能增強其市場推廣全面平台解決方案的能力。
zscaler的財政第一季度結果被描述爲合格，但賬單的適度超越未達到預期。財政年度的預測仍然預計下半段將會有顯著加速，這與銷售組織的轉型和CFO的離職相吻合。
以下爲今日8位分析師對$Zscaler (ZS.US)$的最新投資評級及目標價：
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