LAS VEGAS, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Today at Oktane2024, Zscaler and Okta announced four new integrations designed to accelerate their mutual customers' zero trust transformation. By delivering end-to-end, context-aware security, Okta and Zscaler are helping customers reduce risk, improve the user experience, and enable cross-domain response through shared telemetry and threat intelligence. "The integrations announced today significantly deepen our collaboration with Okta and our commitment to keeping our customers secure," said Amit Raikar, Vice President, Technology Alliances and Business Development, Zscaler. "Together, we are focused on helping customers strengthen their ze

Key Findings: Mobile remains a top threat vector, with 111% growth in spyware and 29% growth in banking malwareTechnology, education, and manufacturing sectors continue to be most susceptible to attacksThe United States remains the top target for IoT, OT, and mobile cybersecurity attacks SAN JOSE, Calif., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today published its Zscaler ThreatLabz 2024 Mobile, IoT, and OT Threat Report, which offers an overview of the mobile and IoT/OT cyber threat landscape from June 2023 through May 2024. The findings in this report stress the urgency for organizations to reevaluate and secure mobile devices, IoT

SAN JOSE, Calif., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today announced that the Zscaler Zero Trust Exchange™ cloud security platform has surpassed half a trillion daily transactions which is nearly 60 times greater than the total number of Google searches per day. This milestone underscores the unparalleled scalability, resilience, and trust customers have placed in the Zscaler platform, which enables organizations to secure users and applications, simplify operations, and advance their business. By extracting security signals from the half a trillion daily transactions and analyzing them with advanced AI models in real-time, Zscaler ha

SAN JOSE, Calif., Sept. 30, 2024 (GLOBE NEWSWIRE) --  Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today announced the appointment of Adam Geller as Chief Product Officer to scale and accelerate the company's next phase of innovation and growth. "I am truly excited to have Adam join us as we expand Zscaler's product suite to support our rapidly growing business and customer base," said Jay Chaudhry, CEO, Chairman, and Founder of Zscaler. "Adam was an integral part of the growth at Exabeam as CEO and prior to that as the Chief Product Officer he drove the development of their cloud-scale security operations platform. His extensive and proven security product and engineering e

SAN JOSE, Calif. and LAS VEGAS, Sept. 17, 2024 (GLOBE NEWSWIRE) -- (Fal.Con 2024) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today announced a new set of AI and Zero Trust integrations with the CrowdStrike Falcon® cybersecurity platform to advance security operations. The latest integrations with Zscaler Zero Trust Exchange™ Platform, Zscaler Data Fabric for Security, and CrowdStrike Falcon® Next-Gen SIEM modernize security operations to provide advanced threat detection, response, and risk management. Security operations center (SOC) teams are under constant pressure to assess and manage risks, detect threats early, and respond swiftly to security incidents–all while fac

Fourth Quarter Highlights Revenue grows 30% year-over-year to $592.9 millionCalculated billings grows 27% year-over-year to $910.8 millionDeferred revenue grows 32% year-over-year to $1,895.0 millionGAAP net loss of $14.9 million compared to GAAP net loss of $30.7 million on a year-over-year basis Non-GAAP net income of $140.6 million compared to non-GAAP net income of $100.9 million on a year-over-year basis SAN JOSE, Calif., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today announced financial results for its fiscal fourth quarter and fiscal year ended July 31, 2024. "We ended a successful Fiscal 2024 with Q4 results exceeding the high e

SAN JOSE, Calif., Aug. 16, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today announced that the company is scheduled to present at upcoming investor conferences. Details for each event are as follows: Citi Global TMT Conference in New York CityThursday, September 5th, 20248:40 a.m. PT (11:40 a.m. ET) Goldman Sachs Communacopia + Technology Conference in San FranciscoWednesday, September 11th, 20249:30 a.m. PT (12:30 p.m. ET) Wolfe Research TMT Conference in San FranciscoWednesday, September 11th, 20241x1 Investor Meetings Sessions which offer a webcast will be available on the "Events & Presentations" section of the Zscaler Investor Relations websi

SAN JOSE, Calif., Aug. 09, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, will release fourth quarter and fiscal year 2024 earnings after the market closes on Tuesday, September 3, 2024. The company will host an investor conference call that day at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) to discuss the results. Date:Tuesday, September 3, 2024Time:1:30 p.m. PTWebcast:https://ir.zscaler.comDial-in:To join by phone, register at the following link: Click Here. After registering, you will be provided with a dial-in number and a personal PIN that you will need to join the call.   Please dial in at least 10 minutes prior to the 1:30 p.m. PT start time.

Key Findings: ThreatLabz tracked an 18% increase in ransomware attacks year-over-yearManufacturing, healthcare, and technology sectors were the top targets of ransomware attacksThe United States remains the top target of ransomware, experiencing nearly 50% of overall attacks, followed by the United Kingdom, Germany, Canada, and FranceThreatLabz identified 19 new ransomware families during the analysis period, bringing the total number to 391 since tracking started SAN JOSE, Calif., July 30, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today published its Zscaler ThreatLabz 2024 Ransomware Report, which analyzed the ransomware threat landscape

USA News Group Commentary Issued on behalf of Scope AI Corp. VANCOUVER, BC, July 24, 2024 /PRNewswire/ -- USA News Group – The telecom market just witnessed a security breach nightmare, with the data (records of calls and texts) of nearly all customers of a giant getting stolen by hackers. The incident in question involved AT&T Inc. (NYSE:T), which immediately issued a press release to address the situation, pointing towards the probability that the hackers illegally downloaded the data from a third-party cloud platform. In this case, the data stolen was from 2022, representing a massive data breach done in the future. The implication is that security methods implemented today, could impact

Fourth Quarter Highlights Revenue grows 30% year-over-year to $592.9 millionCalculated billings grows 27% year-over-year to $910.8 millionDeferred revenue grows 32% year-over-year to $1,895.0 millionGAAP net loss of $14.9 million compared to GAAP net loss of $30.7 million on a year-over-year basis Non-GAAP net income of $140.6 million compared to non-GAAP net income of $100.9 million on a year-over-year basis SAN JOSE, Calif., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today announced financial results for its fiscal fourth quarter and fiscal year ended July 31, 2024. "We ended a successful Fiscal 2024 with Q4 results exceeding the high e

SAN JOSE, Calif., Aug. 09, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, will release fourth quarter and fiscal year 2024 earnings after the market closes on Tuesday, September 3, 2024. The company will host an investor conference call that day at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) to discuss the results. Date:Tuesday, September 3, 2024Time:1:30 p.m. PTWebcast:https://ir.zscaler.comDial-in:To join by phone, register at the following link: Click Here. After registering, you will be provided with a dial-in number and a personal PIN that you will need to join the call.   Please dial in at least 10 minutes prior to the 1:30 p.m. PT start time.

USA News Group Commentary Issued on behalf of Scope AI Corp. VANCOUVER, BC, July 24, 2024 /PRNewswire/ -- USA News Group – The telecom market just witnessed a security breach nightmare, with the data (records of calls and texts) of nearly all customers of a giant getting stolen by hackers. The incident in question involved AT&T Inc. (NYSE:T), which immediately issued a press release to address the situation, pointing towards the probability that the hackers illegally downloaded the data from a third-party cloud platform. In this case, the data stolen was from 2022, representing a massive data breach done in the future. The implication is that security methods implemented today, could impact

Third Quarter Highlights Revenue grows 32% year-over-year to $553.2 millionCalculated billings grows 30% year-over-year to $628.0 millionDeferred revenue grows 34% year-over-year to $1,577.0 millionGAAP net income of $19.1 million compared to GAAP net loss of $46.0 million on a year-over-year basis Non-GAAP net income of $139.8 million compared to non-GAAP net income of $74.6 million on a year-over-year basis SAN JOSE, Calif., May 30, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today announced financial results for its third quarter of fiscal year 2024, ended April 30, 2024. "We delivered an outstanding quarter driven by growing customer interest in

SAN JOSE, Calif., May 30, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, announced that Persistent Systems, a global organization delivering digital engineering enterprise modernization services and solutions, is leveraging the Zscaler Zero Trust ExchangeTM cloud security platform to drive its zero trust initiatives while concurrently expanding its business operations and achieving their environmental sustainability objectives. One of the fastest-growing IT services brands, Persistent sought a partner that not only had the trusted technology to support its digital transformation but also shared its environmental, social and governance corporate values.

SAN JOSE, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, will release third quarter fiscal year 2024 earnings after the market closes on Thursday, May 30, 2024. The company will host an investor conference call that day at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) to discuss the results. Date:Thursday, May 30th, 2024Time:1:30 p.m. PTWebcast:https://ir.zscaler.comDial-in:To join by phone, register at the following link: Click Here. After registering, you will be provided with a dial-in number and a personal PIN that you will need to join the call. Please dial in at least 10 minutes prior to the 1:30 p.m. PT start time. A live webcast

SAN JOSE, April 11, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today announced they have signed an agreement to acquire Airgap Networks, the leader in cybersecurity solutions for business-critical networks. Combining Zscaler's Zero Trust SD-WAN and Airgap Networks' agentless segmentation technology will transform how enterprises implement Zero Trust Segmentation to IoT/OT devices, and critical infrastructure across branches, campuses, factories, and data centers, including east-west connectivity. Traditional NAC and network-based firewalls that use static Access Control Lists (ACLs) to control east-west traffic were not designed to prevent sophistica

Second Quarter Highlights Revenue grows 35% year-over-year to $525.0 millionCalculated billings grows 27% year-over-year to $627.6 millionDeferred revenue grows 35% year-over-year to $1,502.2 millionGAAP net loss of $28.5 million compared to GAAP net loss of $57.5 million on a year-over-year basis Non-GAAP net income of $121.1 million compared to non-GAAP net income of $57.6 million on a year-over-year basis SAN JOSE, Calif., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today announced financial results for its second quarter of fiscal year 2024, ended January 31, 2024. "We delivered strong Q2 results, with billings, revenue and operat

SAN JOSE, Calif., Feb. 02, 2024 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, will release second quarter fiscal year 2024 earnings after the market closes on Thursday, February 29, 2024. The company will host an investor conference call that day at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) to discuss the results. Date:Thursday, February 29, 2024Time:1:30 p.m. PTWebcast:https://ir.zscaler.comDial-in:To join by phone, register at the following link: Click Here. After registering, you will be provided with a dial-in number and a personal PIN that you will need to join the call.   Please dial in at least 10 minutes prior to the 1:30 p.m. PT start time. A l

First Quarter Highlights Revenue grows 40% year-over-year to $496.7 millionCalculated billings grows 34% year-over-year to $456.6 millionDeferred revenue grows 39% year-over-year to $1,399.5 millionGAAP net loss of $33.5 million compared to GAAP net loss of $68.2 million on a year-over-year basis Non-GAAP net income of $106.5 million compared to non-GAAP net income of $44.0 million on a year-over-year basis SAN JOSE, Calif., Nov. 27, 2023 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ:ZS), the leader in cloud security, today announced financial results for its first quarter of fiscal year 2024, ended October 31, 2023. "We had a strong start to our fiscal year with all key metrics coming abov

Raymond James analyst Adam Tindle initiates coverage on Zscaler (NASDAQ:ZS) with a Market Perform rating.

The drive for consolidation is evident: with cybersecurity threats becoming more frequent and severe, companies and governments are compelled to bolster their defenses. As large IT firms and private equity investors snap up cybersecurity specialists, the industry is poised for significant growth and transformation. Google’s acquisition of Wiz is a major step in this direction, heralding a future where cybersecurity giants dominate the field, offering more robust and integrated protection solutions. Google’s Wiz Acquisition Could Trigger A Consolidation Wave Google parent Alphabet Inc‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) $23 billion acquisition of Wiz is shaking up the cybersecurity landsc

Zscaler (NASDAQ:ZS) has outperformed the market over the past 5 years by 5.14% on an annualized basis producing an average annual return of 18.31%. Currently, Zscaler has a market capitalization of $29.43 billion. Buying $100 In ZS: If an investor had bought $100 of ZS stock 5 years ago, it would be worth $231.77 today based on a price of $194.69 for ZS at the time of writing. Zscaler's Performance Over Last 5 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine and reviewed by an ed

33 analysts have shared their evaluations of Zscaler (NASDAQ:ZS) during the recent three months, expressing a mix of bullish and bearish perspectives. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 9 16 8 0 0 Last 30D 0 0 1 0 0 1M Ago 0 1 1 0 0 2M Ago 8 13 6 0 0 3M Ago 1 2 0 0 0 The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $227.64, a high estimate of $290.00, and a low estimate of $180.00. A negative shift in sentiment is

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Evercore ISI Group analyst David Palmer downgraded Starbucks Corporation (NASDAQ:SBUX) from Outperform to In-Line, while cutting the price target from $92 to $80. Starbucks shares fell 2.8% to settle at $72.75 on Monday. See how other analysts view this stock. See how other analysts view this stock. Piper Sandler analyst Peter Keith downgraded the rating for Dollar Tree, Inc. (NASDAQ:DLTR) from Overweight to Neutral, while lowering the price target from $143 to $112. Dollar Tree shares

Mizuho analyst Gregg Moskowitz downgrades Zscaler (NASDAQ:ZS) from Outperform to Neutral and maintains the price target from $220 to $220.

Move over, Apple Inc (NASDAQ:AAPL). Microsoft Corp (NASDAQ:MSFT) is having its “iPhone moment.” That’s according to Wedbush Securities’ Daniel Ives, who called this the dawn of a new era for the tech giant. As the AI revolution gains momentum, Ives and other analysts predict a monumental boost to Microsoft’s valuation, adding a whopping $1 trillion to its market cap. Shift To Software Phase With the Q2 earnings season upon us, Ives says “expect tech stocks to be up another 15% for the year.” He sees this propelled not by multiples but by accelerating growth and earnings. The AI revolution is the driving force behind this transformation, with cloud deployments and enterprise AI s

Deep-pocketed investors have adopted a bullish approach towards Zscaler (NASDAQ:ZS), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ZS usually suggests something big is about to happen. We gleaned this information from our observations today when Benzinga's options scanner highlighted 9 extraordinary options activities for Zscaler. This level of activity is out of the ordinary. The general mood among these heavyweight investors is divided, with 44% leaning bullish and 33% bearish. Among these notable options, 2 are puts,