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Zscaler Shares Soar 1.99% on Strong Q2 Earnings, Analyst Upgrade

Mover TrackerMonday, Apr 28, 2025 6:23 pm ET

1min read

Zscaler(ZS) shares surged 1.99%, marking the fifth consecutive day of gains, with a 13.51% increase over the past five days. The stock price reached its highest level since March 2024, with an intraday gain of 2.75%.

Zscaler's recent stock price surge can be attributed to several key factors. The company reported impressive financial results for the second quarter, including a 23% increase in revenue and a 22% free cash flow margin. These strong financials have likely contributed to investor confidence and the stock's upward trajectory.

Additionally, BNP Paribas Exane upgraded Zscaler's rating to Outperform from Neutral, setting a price target of $260. This upgrade has likely influenced the stock's positive movement, as reflected in the closing price of more than 1% increase. The combination of strong financial performance and positive analyst sentiment has driven Zscaler's stock price to new heights.

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RobotRant

04/29

$ZS Chart looking good heading towards $300

Gurkaz_

$ZS stage 2

rbr0714

@Gurkaz_ How long you planning to hold $ZS?

StoicWithSyrup

$ZS BNP Paribas Exane upgrades ZScaler to Outperform from Neutral with a $260 price target. They think the company is about to see its top-line growth speed up to around 20%, according to the analyst.

Lorien6

$ZS often gets stuck here

Just_call_me_Face

@Lorien6 Agreed, might get stuck.

Substance_Technical

@Lorien6 Think it'll break $260?

BeeBaBoop

$ZS holding strong good deal coming through

22linesdeep

@BeeBaBoop How long you been holding $ZS? Think it's gonna keep climbing?

JC-YNWA

@BeeBaBoop I had a small position in $ZS last year, sold too early. FOMO hitting hard now, should've held on.

According_Crab8170

$ZS 225+ could happen this week

CantaloupeWarm1524

04/28

Anyone else riding the ZS wave? I'm holding long-term, but always wary of market noise.

THEPR0P0TAT0

ZS on fire lately, anyone else riding this wave or just me? 🚀

BathrobeBoogee

@THEPR0P0TAT0 How long you been holding ZS? You think it'll keep climbing or is it time to cash out?

Searchingstan

ZScaler's growth is solid, but is it time to cash in some profits or hold tight? 🤔

solidpaddy74

BNP's upgrade gave ZS a boost. Bullish sentiment is cool, but don't forget your stop-losses, folks.

Tiny_Yulius_James

@solidpaddy74 What's your take on ZS long-term?

roycheung0319

@solidpaddy74 Stop-losses are key, for sure.

Illustrious_Beach

OMG!the block option data in ZS stock saved me much money!

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