Where Will Zscaler Stock Be in 1 Year?
(NASDAQ: ZS) posted its latest earnings report after the market close on Sept. 5. For the fourth quarter of fiscal 2023, which ended on July 31, the cloud-based cybersecurity company's revenue rose 43% year over year to $455 million and surpassed analysts' expectations by $24 million. Its adjusted net income jumped 177% to $101 million, or $0.64 per share, which also cleared the consensus forecast by $0.15.
Those growth rates were impressive, but Zscaler's stock dipped 3% the following day. Over the past 12 months, its shares have only risen 9% as the rallied 20%. Can this hypergrowth stock regain its mojo over the next 12 months?
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Source Fool.com
Zscaler Inc Stock
€158.88
0.290%
The stock is one of the favorites of our community with 50 Buy predictions and 1 Sell predictions.
With a target price of 204 € there is a positive potential of 28.4% for Zscaler Inc compared to the current price of 158.88 €.
