Movement Alert｜Zscaler Inc. Intraday Rise 5.02% in Regular Trading, Price Target Increase and AI Security Positioning Support Shares

Market Focus10-24

On October 24, Zscaler Inc. rose 5.02% in Regular Trading, trading near $249.485 per share, with turnover of $394 million.

The move coincided with a recent target price increase to $250 from $200 while maintaining a buy rating, alongside the company’s earlier reaffirmation of fiscal first-quarter and full-year guidance at its October 6 investor day.

Background disclosures showed fiscal-year revenue guidance of $3.91 billion to $3.94 billion and adjusted EPS guidance of $4.86 to $4.90, broadly in line with market expectations. The company has also continued to highlight AI security, data security and Z-Flex progress, including its Agentic SOC offering for AI-driven threats, while broader cybersecurity stocks also moved higher in recent sessions, reinforcing sector support for the shares.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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