Zscaler (ZS) Stock Price

Financial Performance

Zscaler's revenue for the last quarter was $628M, marking a 5.9% increase from the prior quarter and a 19.6% year-over-year growth. This indicates a steady upward trend in earnings. Gross profit also increased by 5.2% from the previous quarter and by 19.5% year over year to reach $486.5M, demonstrating an efficient cost structure and strong profitability potential for Zscaler. However, operating income was -$30.7M, down by -13.8% from the previous quarter indicating some challenges in managing operational costs or making strategic investments that are yet to pay off.

Stock Price

The stock is currently trading at $189.98, with a downward trend of -4.3% over the last month and -17.7% YoY suggesting market uncertainty or negative sentiment towards the stock in recent times. The RSI value stands at 50.81 which shows neither overbought nor oversold conditions while it's slightly above its 200-day moving average of $184.96 indicating moderate bullishness in long-term perspective.

Alternative Data Signals

The company's website traffic has decreased by -7.1%, potentially indicating less interest or engagement with their product offerings or brand generally which could impact future sales performance if not addressed timely.The number of job openings have reduced significantly both MoM (-9%) and YoY (-19%), this may signal caution on part of management about future growth prospects or efficiency improvements leading to lesser need for new hires.Employee business outlook remains positive though it's declined marginally MoM (-2%) and more significantly YoY (-12%). Finally social media followers on Twitter & Facebook have grown considerably (11% & 14% respectively in last 90 days) indicating growing brand awareness and potential customer base.

Conclusion

The analysis reveals a mixed picture for Zscaler's stock. While the company shows strong revenue and gross profit growth, challenges remain in managing operating costs. Stock price has been trending downwards but technical indicators show moderate bullishness in long term perspective. Alternative data signals also present a mixed picture with some areas of concern like decreasing web traffic and job openings alongside positives such as increasing social media followership. Hence, the overall outlook can be considered cautiously optimistic or neutral.

Note: This AI Stock Analysis is based on data as of January 11. Our members can refresh and get access to an up-to-date AI stock analysis.

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Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of Zscaler (ZS), currently trading at $305, will... Sign up to access price prediction.

Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.