Block (XYZ -2.56%), the fintech company formerly known as Square, was once a hot growth stock. It went public in 2015, and its revenue grew at a compound annual growth rate (CAGR) of 55% from 2015 to 2021.
The stock market has been in turmoil so far this year amid the tariff-related issues that threaten to send the U.S. economy into a potential recession, and a big drop in consumer sentiment this month has added to the overall negativity.
Cybercrime is forecast to cause a staggering $10.5 trillion in damage to the global economy in 2025 alone, according to a report from Cybersecurity Ventures. Unfortunately, that number will probably grow even bigger in the years to come as businesses shift more of their operations online (increasing their vulnerability) and as technologies like artificial intelligence (AI) make it easier than e...
SAN JOSE, Calif., April 01, 2025 (GLOBE NEWSWIRE) -- Zscaler, Inc . (NASDAQ: ZS), the leader in cloud security, collaborated with T-Mobile in late 2023 to rapidly deploy hybrid zero trust throughout its operations. In just three months, T-Mobile implemented the Zscaler Zero Trust Exchange™ AI-powered cloud security platform, which is designed to secure access to applications and the internet, r...
I reiterate a buy rating for ZS, as the share price has reached my target, and I see further upside potential. The new GTM model has proven effective, with improved sales productivity and significant growth in billings and large deal activity. ZS's platform is resonating well with customers, driving platform consolidation and higher attach rates, especially in the upmarket segment.
I continue to remain bullish on Zscaler, Inc. as it sees ongoing enterprise momentum in its $100K+ and $1M+ ARR cohort driven by its AI-powered product roadmap and increasing sales productivity. Zscaler set a new standard called Zero Trust Everywhere and they are looking to triple the number of enterprise customers under the standard in 18 months. Plus their AI-powered products are seeing growi...
Zscaler has outperformed most growth stocks in 2024, rising nearly 20% year to date, driven in part by a recent "beat and raise" in Q2. The company benefits from a shift towards cloud-based security tools, essential for modern data storage and AI applications, unlike traditional firewalls. Zscaler's net retention rates improved to 115% in Q2, indicating robust customer spending despite a challe...
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