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topicnews · September 10, 2024

Zscaler stock analysis with growth concerns after the quarterly report

Zscaler stock analysis with growth concerns after the quarterly report

The Zscaler (NASDAQ:) stock analysis shows growth concerns after the quarterly report. The shares are under pressure, what can happen next?

Zscaler model continues to grow

Zscaler is a leading cloud security company specializing in protecting Internet connections and securing networks. Founded in 2007 by Jay Chaudhry, it has grown rapidly, particularly thanks to its innovative cloud-based security platform. Unlike traditional security solutions based on hardware or local networks, Zscaler takes a purely cloud-oriented approach that helps modern companies secure data and applications.

Zscaler’s core solution is the “Zscaler Zero Trust Exchange” platform, which is based on the zero trust principle. This model relies on the fact that no users or devices outside of a network are considered trustworthy from the outset, but only after stricter verification are granted access to data and applications. This offers a huge advantage, especially in the era of remote work and distributed networks, as the traditional network perimeter is increasingly disappearing and employees are accessing company resources from anywhere.

A key benefit of Zscaler is the scalability and flexibility of its solutions. Because the security infrastructure is fully hosted in the cloud, companies can quickly adapt their security requirements without having to manage or upgrade physical hardware. This results in cost savings and increased efficiency, especially for global companies that need to coordinate their security across many locations.

Zscaler offers a wide range of security services, including web security, firewall-as-a-service, cloud application security, and data loss prevention. Zscaler’s platform is used by numerous companies around the world, including many Fortune 500 companies that have to meet particularly high security requirements. Zscaler is also highly regarded by industry experts and analysts for its innovation and ability to respond quickly to new threats.

Another aspect of Zscaler’s success is its strong market position in a growing sector. As more and more companies move their IT infrastructures to the cloud and cyber threats increase at the same time, the need for robust, scalable security solutions will continue to grow. Zscaler was early to adapt to this trend and has built a strong position in the industry through its comprehensive cloud platform. This segment is particularly attractive with growing data volumes and can benefit directly from this trend.

Overall, Zscaler represents a modern, cloud-centric approach to cybersecurity and offers companies a flexible and effective way to protect their networks and data. With its innovative technology and a high-growth market environment, Zscaler is well positioned to continue to play a leading role in the IT security industry in the future. Do the quarterly figures reflect this trend? We will take a closer look at this in today’s video and analyze the stock performance again with the Freestoxx tool.

The Zscaler analysis video

In the format “US stocks in focus”, Roland Jegen and Andreas Bernstein regularly take a closer look at US stocks. Today the topic of the day is Zscaler, attached is the video:

The analyses focus on both fundamental data and chart technology.