Why Zscaler (ZS) Is Among the Best Cybersecurity Stocks to Buy According to Wall Street Analysts?

Insider Monkey12-17

We recently compiled a list of the 11 Best Cybersecurity Stocks to Buy According to Wall Street Analysts. In this article, we are going to take a look at where Zscaler, Inc. (NASDAQ:ZS) stands against...

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(NASDAQ:ZS) stands against...</p>\n\n<a href=\"https://finance.yahoo.com/news/why-zscaler-zs-among-best-203715201.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Zscaler (ZS) Is Among the Best Cybersecurity Stocks to Buy According to Wall Street Analysts?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Zscaler (ZS) Is Among the Best Cybersecurity Stocks to Buy According to Wall Street Analysts?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-17 04:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/why-zscaler-zs-among-best-203715201.html><strong>Insider Monkey</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We recently compiled a list of the 11 Best Cybersecurity Stocks to Buy According to Wall Street Analysts. In this article, we are going to take a look at where Zscaler, Inc. (NASDAQ:ZS) stands against...</p>\n\n<a href=\"https://finance.yahoo.com/news/why-zscaler-zs-among-best-203715201.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ZS","symbol_name":"Zscaler Inc.","start_time":0,"source_url":"https://finance.yahoo.com/news/why-zscaler-zs-among-best-203715201.html","article_id":"2492164763","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/ldPq7kTYuPrBxHW1pjLobA--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/bccc982560058efc138dc5f44a9c3199"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492164763","pubTimestamp":1734381435,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"We recently compiled a list of the 11 Best Cybersecurity Stocks to Buy According to Wall Street Analysts. In this article, we are going to take a look at where Zscaler, Inc.  stands against the other best cybersecurity stocks to buy.The widespread growth of internet usage has seamlessly integrated connectivity into the daily lives of individuals and businesses. This expansion has also created greater opportunities for cybercriminals to engage in financial theft, compromise sensitive information, and disrupt critical infrastructure. Despite progress in reducing response times to cyber risks, it still takes organizations an average of 73 days to contain an incident. As organizations navigate an increasingly complex cyber threat landscape, staying ahead of emerging cybersecurity trends has become crucial. Amid the rise in both the volume and sophistication of cyberattacks, global spending on cybersecurity products and services reached $200 billion in 2024, a sharp increase from $140 billi","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"ZS":"Zscaler Inc.","BK4585":"ETF&股票定投概念","TSYW.SI":"TESLA 3xLongSG261006","QID":"纳指两倍做空ETF","USAW.SI":"AMZN 3xLongSG261006","NVIW.SI":"NVDA 3xLongSG261006","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","LU2125909759.SGD":"Natixis Thematics Safety H-R/A SGD","LU2125909916.SGD":"Natixis Thematics Safety R/A SGD","TQQQ":"纳指三倍做多ETF","LU1923622291.USD":"Natixis Thematics Safety R/A USD","BK4588":"碎股",".IXIC":"NASDAQ Composite","QLD":"纳指两倍做多ETF","PSQ":"纳指反向ETF","USJW.SI":"ALPHAB 3xLongSG261006","BK4097":"系统软件","BK4560":"网络安全概念","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","SQQQ":"纳指三倍做空ETF"},"translate_title":"为什么华尔街分析师认为Zscaler(ZS)是最值得购买的网络安全股票之一？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ZS":1,".IXIC":0.9,"USJW.SI":0.6,"USAW.SI":0.6,"TSYW.SI":0.6,"TQQQ":0.6,"SQQQ":0.6,"QLD":0.6,"QID":0.6,"PSQ":0.6,"NVIW.SI":0.6,"NQmain":0.6,"MNQmain":0.6},"content_text":"We recently compiled a list of the 11 Best Cybersecurity Stocks to Buy According to Wall Street Analysts. In this article, we are going to take a look at where Zscaler, Inc. (NASDAQ:ZS) stands against the other best cybersecurity stocks to buy.\nThe widespread growth of internet usage has seamlessly integrated connectivity into the daily lives of individuals and businesses. This expansion has also created greater opportunities for cybercriminals to engage in financial theft, compromise sensitive information, and disrupt critical infrastructure. Despite progress in reducing response times to cyber risks, it still takes organizations an average of 73 days to contain an incident. As organizations navigate an increasingly complex cyber threat landscape, staying ahead of emerging cybersecurity trends has become crucial. Amid the rise in both the volume and sophistication of cyberattacks, global spending on cybersecurity products and services reached $200 billion in 2024, a sharp increase from $140 billion in 2020, according to McKinsey. Additionally, the cybersecurity market is projected to grow at an annual rate of 12.4% between 2024 and 2027, exceeding historical growth levels as organizations intensify efforts to counter evolving threats.\nThe rise of artificial intelligence also presents a dual opportunity for cybersecurity prospects: securing AI systems and leveraging AI to bolster security capabilities. These technologies enhance threat detection, automate responses, and improve predictive analytics, allowing for more proactive and efficient defenses against increasingly sophisticated attacks. According to McKinsey, AI is broadening the scope of what is already a $2 trillion market opportunity for cybersecurity providers. The firm further states that securing AI has emerged as a distinct cybersecurity market segment, projected to grow from $122 million today to $255 million by 2027. Additionally, as more organizations shift workloads from public cloud environments to private clouds, they face new expenses, further increasing the capturable value for cybersecurity vendors.\nOn the other hand, as AI technology advances, concerns around data privacy and risk management are escalating for individuals and businesses alike. The World Economic Forum projected earlier this year that AI advancements could drive cyber incidents and data breaches to unprecedented levels in 2024, following a staggering 72% increase in breaches over the past year.\nCybersecurity Regulations and Policies\nPresident-elect Donald Trump's return, coupled with his commitment to a more inward-focused foreign policy, is expected to bring new cyber threats, reduced regulations across most industrial sectors, and the possibility of business-friendly federal privacy legislation. However, the overall regulatory landscape will likely shift toward less emphasis on compliance and greater focus on safeguarding critical infrastructure and technology firms, according to Michael Bahar, co-lead of global cybersecurity and data privacy at Eversheds Sutherland.\n\n\"We are going to see — at the federal level — a deprioritization of cybersecurity regulations and cybersecurity enforcement. One really important exception is where cybersecurity intersects with trade policy and national security and technology. That's actually where you're going to see an increase of enforcement and at least a continuation of the regulatory environment.\"\n\nExperts anticipate that cyber threats could evolve in response to shifts in foreign policy under the new administration. China, in particular, has emerged as a significant concern due to its cyber activities in the Asia-Pacific region, its opposition to U.S. support for Taiwanese democracy, and its defiance of international opposition to its expansive claims in the South China Sea.\n An employee standing in front of a large data center, looking toward the future of cloud security. \nOur Methodology\nTo make our list of top cybersecurity stocks to buy according to Wall Street analysts, we reviewed the holdings of the Global X Cybersecurity ETF and selected stocks based on their upside potential, as of December 10. These stocks are ranked according to their average upside potential, from lowest to highest, based on price targets. Additionally, we have included the number of hedge funds with stakes in these stocks, using Insider Monkey's hedge fund data for the third quarter.\nWhy do we care about what hedge funds do? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).\nZscaler, Inc. (NASDAQ:ZS)\nAverage Analyst Upside: 8.88%\nNumber of Hedge Fund Holders: 52\nZscaler, Inc. (NASDAQ:ZS), based in San Jose, California, is a prominent cybersecurity company providing solutions to secure private networks, manage platform access, and ensure regulatory compliance.\nZscaler, Inc. (NASDAQ:ZS) recently expanded its partnership with Cognizant to deliver an advanced, AI-powered zero-trust cloud security platform tailored to address evolving cyber threats. The collaboration offers integrated solutions to simplify security, enhance protection, and reduce costs.\nKeyBanc Capital Markets recently raised its price target for Zscaler, Inc. (NASDAQ:ZS) to $250 from $245 while maintaining an Overweight rating. This adjustment follows the company’s robust Q1 performance, marked by a slight billings beat and upward revision of future earnings. Zscaler achieved a 34% year-over-year revenue growth and maintained impressive gross profit margins of 78%, showcasing operational efficiency. Despite concerns about the CFO’s announced retirement ahead of a significant expected revenue ramp in the year’s second half, KeyBanc remains confident. Analysts anticipate a more measured growth trajectory in the latter half, building on Zscaler’s initial success in the first quarter.\nOverall, ZS ranks 9th on our list of best cybersecurity stocks to buy according to Wall Street analysts. While we acknowledge the potential of ZS, our conviction lies in the belief that certain AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ZS but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.\nREAD NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.\nDisclosure: None. This article is originally published at Insider Monkey.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492164763"}