Zscaler Stock Forecast 

Despite challenges, Zscaler's Q2 earnings could beat expectations

writer: jack published: 27-02-2024 writer: jack published: 27-02-2024

Expected revenue will range from $505 million to $507 million, up 31% year over year.

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Non-GAAP EPS is expected to increase 56.8% YoY to 57–58 cents.

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increased use of the Zero Trust Exchange platform from Zscaler.

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The estimated market size for SD-WAN globally is $69 billion by 2032 (CAGR of 27%).

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Retention is boosted by mainstay goods like Zscaler Internet Access and Private Access.

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The projected remaining performance obligation (RPO) is $3.69 billion.

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In the most recent quarter, S&M and R&D spending increased by 16.7% and 48% YoY, respectively.

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We are unable to definitively conclude that Zscaler beat earnings.

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SEMrush (SEMR): Earnings ESP +23.08%, Zacks Rank

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