1. Zscaler will report Q2 financial results on March 5. 2. Expected earnings are 69 cents, down from 76 cents last year. 3. Zscaler projects $635.35 million in revenue, up from $525 million. 4. Shares rose 2.7% to $193.82, showing positive market sentiment. 5. Various analysts maintain high price targets, indicating strong future potential.
Despite a slight decline in earnings, revenue growth and analyst upgrades support a positive outlook. Historical examples show that consistent revenue increases often stabilize or uplift stock prices.
Analyst sentiment is strong with multiple price target increases. The projected revenue improvement signals potential for upward stock movement.
Upcoming earnings will likely affect stock price immediately; analysts' revised targets indicate optimism. Recent earnings surprises can shift sentiment quickly, as seen in previous quarterly results.