Is It Too Late to Buy Zscaler Stock?
's (NASDAQ: ZS) stock jumped 5% on June 2 after the cybersecurity company posted its latest earnings report. For the third quarter of fiscal 2023, which ended on April 30, revenue rose 46% year over year to $419 million and exceeded analysts' estimates by $7 million.
Adjusted net income more than tripled to $75 million, or $0.48 per share, which also cleared the consensus forecast by a nickel. Those growth rates were impressive, but is it too late to buy Zscaler's stock after its year-to-date rally of nearly 30%?
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Source Fool.com
Zscaler Inc Stock
€153.84
0.430%
With 71 Buy predictions and 1 Sell predictions Zscaler Inc is one of the favorites of our community.
As a result the target price of 207 € shows a positive potential of 34.56% compared to the current price of 153.84 € for Zscaler Inc.
