3 Things About Zscaler That Smart Investors Know
(NASDAQ: ZS) went public at $16 per share on March 15, 2018. It now trades at around $150, so a $1,000 investment in its initial public offering would have grown to nearly $9,400 in just over five years.
The cybersecurity company dazzled the bulls with its impressive growth rates. Between fiscal 2017 and fiscal 2022 (which ended last July), Zscaler's revenue rose at a compound annual growth rate (CAGR) of 54%. It currently serves more than 6,000 customers, including 30% of the Fortune 500, and secures over 300 billion transactions daily.
Image source: Getty Images.
Source Fool.com
Zscaler Inc Stock
With 67 Buy predictions and 1 Sell predictions Zscaler Inc is one of the favorites of our community.
As a result the target price of 205 € shows a positive potential of 34.78% compared to the current price of 152.1 € for Zscaler Inc.