ZSCALER INC. DL-,001 WKN: A2JF28 ISIN: US98980G1022 Kürzel: ZS Forum: Aktien Thema: Hauptdiskussion

Why Zscaler’s stock just got a downgrade after its 31% pop off recent lows Published: July 16, 2024 at 8:31 a.m. ET By Emily BaryFollow comments Mizuho worries about rising competition and changes to the company’s sales team Zscaler Inc. shares have taken investors on a ride this year, as they’re up 31% from their late-May lows but still off about 4% over the course of 2024. Mizuho analyst Gregg Moskowitz recommends that investors take pause for now, in light of the cybersecurity stock’s “material” rebound. He noted that the company has been a strong executor even in tough macroeconomic conditions, and it has a strong positioning in the market for secure access service edge offerings. “That said, we’re not confident that [Zscaler] can continue to close large, transformative deals at a steady pace, particularly given the macro environment coupled with what we believe is an increasingly competitive SASE market,” he wrote. Moskowitz cut his rating on the shares to neutral from outperform on Tuesday, while keeping his $220 price target. The stock is down 1.5% in premarket trading Tuesday. See also: Palantir’s stock draws another bearish call over its ‘very stretched’ valuation He’s concerned about the prospect of “meaningful risk to execution” stemming from leadership changes and other turnover within Zscaler’s sales team: “It’s important to note that our recent checks have not indicated any real disruption to [Zscaler’s] business, although we worry that this could change” in the first half of fiscal 2025. There is also growing competition in the market for SASE offerings, “mostly from incumbents, although newer market entrants are adding to the noise,” Moskowitz said. While he thinks Zscaler’s management has taken a “prudent” approach to its fiscal 2025 commentary thus far, without giving traditional guidance, Moskowitz wonders how likely it is that the company will end up exceeding Wall Street’s targets. “In our view, consensus estimates for 20% billings growth next year are very achievable, although we believe meaningful fundamental upside is likely needed to drive the shares significantly higher from here, and we have our doubts in that regard,” he said. https://www.marketwatch.com/story/why-zscalers-stock-just-got-a-downgrade-after-its-31-pop-off-recent-lows-f0a059be?mod=watchlist_main_news

Ja ich weiss hauptsache das Geld ist nicht auf meinem Konto sonst gebe ich es nur aus

Aber ich bin auch immernoch Long dabei, bin bei 165€ eingestiegen

Das ist aber keine gute Idee

Bin auch dabei mit 16 Stück

Habe heute mein gesamtes Vermögen in diese Aktie gesteckt. Ich hoffe auf gutes haha

Bin auch dabei. Mein Börsendienst hat einen long Trade empfohlen

... die neue KI Security Software macht sich schon bezahlt....

puh, hatte die Hoffnung schon aufgegeben, seit Ewigkeiten fast 20 % im Minus während meine Crowdstrike ( vor 2 Wochen gekauft ) 20 % + gemacht hat....

Anscheinend erholt sich der der Software Bereich gerade. Rallye sollte weitergehen.

Verkauft mit +15%. Steige tiefer wieder ein, falls nicht auch gut

Ich habe mir gerade alles angeschaut und eine Bemerkung fällt mir besonders auf: Der neue Vertriebsleiter, Mike Rich, der von ServiceNow kommt, macht einen schwachen Eindruck.

Jun 12, 2024 at 10:15 AM PDT Zscaler Investor Innovations Briefing - Zenith Live 2024 Webcast jetzt auf der Website veröffentlicht. https://ir.zscaler.com/video/zscaler-investor-innovations-briefing-zenith-live-2024

Von 180 $ zu é§( $ 'Bank of America Securities analyst Tal Liani maintained a Buy rating on Zscaler today and set a price target of $265.00. The company’s shares closed last Friday at $184.22.' https://www.tipranks.com/news/blurbs/analysts-offer-insights-on-technology-companies-zeta-global-holdings-corp-zeta-zscaler-zs-and-braze-brze?mod=mw_quote_news

Sehr interessant auf den Zscaler website unter EVENTS: Jun 5, 2024 at 12:20 PM EDT Bank of America Global Technology Conference. https://bofa.veracast.com/webcasts/bofa/globaltech2024/idJ63RJ9.cfm