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Stocks Tumble as the Rout in Chipmakers Deepens
Barchart19d agobearish
Stocks Tumble as the Rout in Chipmakers Deepens

The S&P 500 Index ($SPX ) (SPY ) today is down -1.06%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.23%. September E-mini S&P futures (ESU26 ) are down -0.95%, and September E-mini Nasdaq futures...

Jim Cramer Says SaaS Companies Like Zscaler “Have Fallen Viciously Out of Favor on Wall Street”
Insider Monkey49d agobearish
Jim Cramer Says SaaS Companies Like Zscaler “Have Fallen Viciously Out of Favor on Wall Street”

Zscaler, Inc. (NASDAQ:ZS) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. Cramer noted the company’s exit from the Nasdaq-100, as he commented: Then we have some real fireworks coming Thursday night. Thursday’s the last trading day before the Nasdaq rebalances, the […]

Short Sellers May Regret Shorting ZScaler (ZS) As One Analyst Points To 79% Upside
Insider Monkey50d agobearish
Short Sellers May Regret Shorting ZScaler (ZS) As One Analyst Points To 79% Upside

Zscaler Inc. (NASDAQ:ZS) is one of the 7 Worst Cloud Stocks To Buy According to Short Sellers. On June 10, Shrenik Kothari, an analyst at Robert W. Baird, reiterated a Buy rating on Zscaler Inc. (NASDAQ:ZS) and set a price target of $230. The firm’s price target offers an additional 79% upside from here. Similarly, […]

Zscaler Faces Index Exit And Probes As Growth Story Tested
Simply Wall St.52d agobearish
Zscaler Faces Index Exit And Probes As Growth Story Tested

Zscaler (NasdaqGS:ZS) has been removed from the Nasdaq-100 Index. Several senior sales executives have recently departed the company. Multiple law firms have launched investigations into potential securities law violations at Zscaler. The company continues to roll out new AI and Zero Trust security products during this period of scrutiny. Zscaler enters this inflection point with its share price at $129.52 and the stock down 19.6% over the past 30 days. Returns are also down 41.3% year to...

Is It Time To Reassess Zscaler (ZS) After The Sharp Year To Date Share Price Fall
Simply Wall St.55d agobearish
Is It Time To Reassess Zscaler (ZS) After The Sharp Year To Date Share Price Fall

If you are trying to figure out whether Zscaler stock offers value at current levels, it helps to separate the headlines from what the numbers actually say. The share price closed at US$124.73 and has declined 7.2% over the past week, 16.2% over the past month and 43.5% year to date, with the 1 year return down 58.4%. Recent coverage has focused on how Zscaler fits into the broader software sector and how changing sentiment toward growth and risk in technology stocks has affected companies...

Zscaler shares fall sharply on weaker-than-expected growth forecast
Proactive70d agobearish
Zscaler shares fall sharply on weaker-than-expected growth forecast

Zscaler Inc. (NASDAQ:ZS) shares fell more than 31% on Wednesday after the cloud security company shared softer-than-expected forward guidance, drawing attention from a modest fiscal third quarter earnings beat. For the fiscal fourth quarter, Zscaler projected revenue of $875 million to $878...