|Bid||0.00 x 1300|
|Ask||0.00 x 1100|
|Day's Range||196.81 - 207.78|
|52 Week Range||84.93 - 207.78|
|Beta (5Y Monthly)||0.81|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 27, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||208.76|
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Black Friday and Cyber Monday sales just wrapped up, and if you're like me, you probably did all of your shopping online. Technologies like cloud computing have allowed businesses to create seamless digital experiences for their customers, in addition to managing their global workforces and streamlining their operations. In fact, research from McKinsey & Company estimates cyberattacks will cause a whopping $10.5 trillion in damage to businesses each year by 2025.
Shares of cloud security platform Zscaler (NASDAQ:ZS) jumped 5.8% in the morning session after robust earnings results from CrowdStrike and Okta. CrowdStrike's Q3 results topped analysts' ARR (annual recurring revenue) and revenue expectations and beat on non-GAAP operating income and non-GAAP EPS by a more convincing amount. Notably, CrowdStrike surpassed the $3 billion ARR milestone. Looking ahead, While CrowdStrike's next quarter's revenue guidance was only in-line, non-GAAP operating income
In today's video, I discuss bearish and bullish points for Zscaler (NASDAQ: ZS). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the market prices of Nov.