|Bid||0.00 x 800|
|Ask||0.00 x 1000|
|Day's range||293.20 - 313.35|
|52-week range||157.03 - 376.11|
|Beta (5Y monthly)||0.91|
|PE ratio (TTM)||N/A|
|Earnings date||23 Feb 2022 - 28 Feb 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||391.24|
High-growth but richly valued tech stocks have been getting hammered by the market as of late, and software cybersecurity disruptor Zscaler (NASDAQ: ZS) hasn't been exempt. As for the specific plunge today (Zscaler is up 36% in 2021 with just weeks to go until the new year), analyst Stephen Bersey at Daiwa Capital downgraded Zscaler to underperform and stuck a $286 price target on the stock. A slew of other Wall Street prognosticators waxed optimistic on Zscaler last week after the company said revenue grew 62% year over year in the last quarter, and deferred revenue (sales collected from customers, but for which service has not yet been provided) boomed 74% higher.
SentinelOne's (S) third-quarter fiscal 2022 performance will likely reflect expansion in its partner ecosystems. High demand for cybersecurity solutions is expected to drive revenues.
Zscaler CEO and Founder Jay Chaudhry discusses the cybersecurity industry's ability to adapt as data security systems transition to cloud-based models and COVID continues to impact the workplace.