Zscaler Earnings: AI Opportunities
Here's our initial take on 's (NASDAQ: ZS) fiscal 2025 second-quarter financial report.
Zscaler beat expectations in the second quarter of fiscal 2025, reporting 23% revenue growth. The company's Zero Trust platform continued to win over customers that were previously using legacy appliance-based cybersecurity solutions, which aren't well suited for cloud-based infrastructures and remote workforces. One notable customer win during the quarter was Nokia (NYSE: NOK), which is dumping its firewall-based system for Zscaler's Zero Trust platform.
Zscaler CEO Jay Chaudhry noted in the earnings release that AI is creating new avenues of growth. "By combining AI with Zero Trust, we are delivering several key innovations to secure our customers' use of AI applications," Chaudhry said. As companies increasingly roll out AI applications and agents to their workforce, ensuring secure access is critical. An AI application trained on proprietary data needs to be locked down, and Zscaler's Zero Trust platform is proving to be up to the task.
Source Fool.com
Zscaler Inc Stock
The stock is an absolute favorite of our community with 83 Buy predictions and no Sell predictions.
With a target price of 265 € there is a slightly positive potential of 1.09% for Zscaler Inc compared to the current price of 262.15 €.
