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Zscaler Inc (NASDAQ:ZS). stock reached a significant milestone, hitting a 52-week high of 309.4 USD. The cybersecurity giant, now valued at $48.17 billion, appears overvalued according to InvestingPro analysis. This marks a notable achievement for the company, reflecting a strong upward trend over the past year. The stock’s performance has been remarkable, with a 1-year change of 70.88%, supported by impressive revenue growth of 25.46% and strong gross profit margins of 77.46%. This surge can be attributed to Zscaler’s expanding market presence and strategic initiatives that have resonated well with stakeholders, propelling the stock to new heights. InvestingPro subscribers have access to 14 additional key insights about Zscaler’s performance and valuation metrics.
In other recent news, Zscaler’s financial performance and strategic developments have caught the attention of several analyst firms. The company reported 23% revenue growth and an 18% free cash flow margin in its fiscal third quarter of 2025, maintaining a $2 billion-plus annual recurring revenue (ARR) scale. JMP Securities reiterated its Market Outperform rating with a $310 price target, highlighting Zscaler’s strong execution and growth. Meanwhile, JPMorgan raised its price target to $348 from $292, maintaining an Overweight rating, citing elevated demand and strategic growth drivers like Zero Trust Everywhere and Data Security Everywhere. Wells Fargo (NYSE:WFC) upgraded Zscaler’s stock from Equal Weight to Overweight, increasing its price target to $385, based on expectations of significant growth in the company’s new and upsell business. Cantor Fitzgerald also raised its price target to $340, emphasizing the anticipated acceleration in billings due to increased adoption of cloud security and AI analytics. Additionally, Citizens JMP reaffirmed its Market Outperform rating, maintaining a $310 price target after attending Zscaler’s Zenith Live 2025 event. These recent developments reflect a strong market position and growth trajectory for Zscaler in the cybersecurity sector.
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