Can Zscaler Recover From Its 34% YTD Drop?
's (NASDAQ: ZS) stock price has dipped by roughly 34% year to date as continued net losses and a decelerating revenue growth rate weigh down on the cybersecurity stock. The company may get a boost as its cybersecurity solutions can safeguard artificial intelligence (AI) agents, which are expected to become more popular. However, there are meaningful hurdles that can prolong this correction.
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When a stock delivers substantial year-over-year revenue growth, it's easier to look over high net losses and focus on the bullish thesis. However, those same losses become more central to a stock analysis once revenue growth slows.
Source Fool.com
Zscaler Inc Stock
€158.68
-2.790%
The stock is an absolute favorite of our community with 101 Buy predictions and no Sell predictions.
With a target price of 235 € there is a positive potential of 48.1% for Zscaler Inc compared to the current price of 158.68 €.
