Latest news with #ZeroTrustEverywhere
Yahoo
6 days ago
- Business
- Yahoo
Zscaler's Platform Keeps Growing: Is Zero Trust Everywhere the Key?
Zscaler ZS is expanding its Zero Trust Exchange with Zero Trust Everywhere. This strategy highlights Zscaler's ability to take Zero Trust security beyond users to include Zero Trust for Cloud workloads and Zero Trust for the third quarter of fiscal 2025, Zscaler reported more than 210 Zero Trust Everywhere enterprises. This represents a sequential growth of 60%. Moreover, 59% of Zero Trust Branch buyers were new logo customers, showing strong early demand. Zscaler aims to exceed 390 customers by the end of fiscal 2026. To support this growth, Zscaler launched Unified Appliance for Branch in the third quarter. The solution simplifies branch infrastructure and eliminates the need for SD-WAN, Firewall, NAC, and legacy solution is gaining significant traction. During the third quarter, Zscaler revealed a seven-figure annual contract value deal in which an existing financial services customer adopted Cloud workload protection to secure all of their internal workload traffic. Zscaler is also focusing on enhancing Zero Trust Everywhere capabilities with new product launches. At the Zenith Live 2025 event, Zscaler launched Zero Trust Gateway for Cloud Workloads. It is a cloud-native service on Amazon Web Services ('AWS') that secures workload communications in under 10 minutes without deploying agents or virtual machines. It also introduced Zscaler Microsegmentation for Cloud Workloads. This extends Zscaler's Artificial Intelligence (AI) driven segmentation to cloud workloads with its newly introduced host-based microsegmentation service. The solution aims to provide granular host and process-level segmentation policies using Zsacler's AI-powered segmentation engine for workloads in public clouds, such as AWS and Microsoft adoption sustains this pace, Zero Trust Everywhere could become a foundational layer in Zscaler's next phase of platform-led growth. Zscaler appears well-positioned to turn Zero Trust Everywhere into a long-term driver of enterprise growth. Palo Alto Networks PANW and SentinelOne S are also evolving their platforms to meet enterprise security Alto Networks is doubling down on its platformization strategy. In the third quarter of fiscal 2025, PANW closed more than 90 net new platform deals. Moreover, the number of customers platformized on Cortex was up nearly three times, reflecting strong momentum with Palo Alto Networks' Extended Security Intelligence and Automation Management or XSIAM security operation comparatively a small competitor, SentinelOne posted year-over-year growth of 24% in its annual recurring revenues. The growth was fueled by the rising adoption of SentinelOne's AI-first Singularity platform and Purple AI. Shares of Zscaler have surged 73% year to date compared with the Security industry's growth of 22.7%. Image Source: Zacks Investment Research From a valuation standpoint, Zscaler trades at a forward price-to-sales ratio of 15.34X, slightly higher than the industry's average of 14.79X. Image Source: Zacks Investment Research The Zacks Consensus Estimate for Zscaler's fiscal 2025 earnings implies a year-over-year decline of 0.31%, while for fiscal 2026 earnings implies year-over-year growth of 12.01%. The earnings estimates for fiscal 2025 and fiscal 2026 have been revised upward in the past 30 days and seven days, respectively. Image Source: Zacks Investment ResearchZscaler currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SentinelOne, Inc. (S) : Free Stock Analysis Report Palo Alto Networks, Inc. (PANW) : Free Stock Analysis Report Zscaler, Inc. (ZS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-06-2025
- Business
- Yahoo
Is CyberArk's AI Focus Enough to Sustain Its ARR Growth Momentum?
CyberArk Software CYBR reported solid first-quarter fiscal 2025 results with Annual Recurring Revenues (ARR) of $1.22 billion, up from $1.17 billion as reported in the last quarter. The company posted a net new ARR of $46 million in the first quarter, driven by the sustained growth of subscriptions and increased adoption of its identity security ARR alone is now more than $1.03 billion and accounts for nearly 85% of total ARR, which the company added $51 million in net new subscription ARR. This shift to a recurring revenue model gives the company more financial stability and is known for protecting human and machine identities. Now, it's moving into artificial intelligence (AI) with its new 'Secure AI Agent' product. This tool is designed to protect both autonomous and human-controlled AI more companies begin using AI tools, keeping these systems secure becomes important. CyberArk is trying to solve this problem early, which could help it stay ahead of the competition. During the first-quarter earnings call, CyberArk revealed that machine identity products featured in nine of the 10 largest deals in the quarter, reaffirming its ability to protect non-human sustained focus on enhancing portfolio strength is driving customer wins. New customer wins during the first quarter included a multi-six-figure ARR deal with a U.S.-based software company that replaced a competitive PAM vendor, and a large healthcare provider extended coverage across workforce, cloud, and machine aims for full-year fiscal 2025 ARR to land at $1.41 to $1.42 billion for approximately 21% year-over-year growth. The company seems to be well-positioned to maintain momentum in the long term, driven by a robust subscription base, new customer additions and the adoption of its AI-enabled enterprise-grade platform. Competitors like Zscaler ZS and SentinelOne S are also gaining ground through platform expansion and artificial intelligence (AI) innovation. Zscaler ended its third quarter of fiscal 2025 with $2.9 billion in ARR, reflecting 23% year-over-year growth. The robust growth was driven by Z-Flex and rapid traction across Zscaler's three strategic growth pillars, which include Zero Trust Everywhere, Data Security Everywhere and Agentic comparatively a small competitor, SentinelOne's ARR is also growing rapidly with reaching $948 million at the end of the first quarter of fiscal 2026. This represents year-over-year growth of 24%, fueled by the rising adoption of SentinelOne's AI-first Singularity platform and Purple AI. Shares of CyberArk have gained 19.5% year to date compared with the Zacks Security industry's growth of 22%. Image Source: Zacks Investment Research From a valuation standpoint, CYBR trades at a forward price-to-sales ratio of 13.76, below the industry's 14.77. Image Source: Zacks Investment Research The Zacks Consensus Estimate for Zscaler's fiscal 2025 earnings is pegged at $3.79 per share, up by 3.56% over the past 30 days, which implies an increase of 25.08% year over year. The consensus mark for fiscal 2026 is also up by 2.15% over the past 30 days at $4.76 per share, indicating a year-over-year increase of 25.54%. Image Source: Zacks Investment Research CYBR stock currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SentinelOne, Inc. (S) : Free Stock Analysis Report CyberArk Software Ltd. (CYBR) : Free Stock Analysis Report Zscaler, Inc. (ZS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-06-2025
- Business
- Yahoo
Zscaler Nears $3B ARR Goal: Can It Maintain the Momentum Through FY25?
Zscaler ZS ended third-quarter fiscal 2025 with $2.9 billion in annual recurring revenues (ARR), representing the third consecutive quarter of 23% year-over-year growth. The management stated that it remains confident in achieving its $3 billion ARR target by the end of the fourth quarter of fiscal key driver is the Z-Flex purchasing program launched during the third quarter, which simplifies procurement and allows customers to scale adoption of Zscaler's platform. Z-Flex generated $65 million in TCV bookings in its first quarter, with large clients like a Fortune 500 tech firm increasing their ARR by more than 40% to nearly $19 is also leaning heavily into three strategic pillars – Zero Trust Everywhere, Data Security Everywhere, and Agentic Operations (its artificial intelligence [AI]-driven initiative). Together, these areas now account for nearly $1 billion in standout here is Zero Trust Everywhere. Zscaler ended the third quarter with more than 210 enterprise customers in this segment, up 60% from the previous quarter. ZS intends to triple the customer base for this offering from 130 to over 390 by the end of fiscal 2026, and it's well on track to do just Zscaler ended the quarter with 642 customers generating more than $1 million in ARR and 3,363 customers with ARR over $100,000. Its 114% trailing 12-month net retention rate shows continued expansion within existing accounts. With a strong platform, disciplined execution, and growing demand for AI and Zero Trust capabilities, Zscaler appears well-positioned to drive the next phase of ARR growth. Competitors like CyberArk CYBR and SentinelOne S are also gaining ground through platform expansion and AI innovation. CyberArk ended its first quarter of fiscal 2025 with $1.215 billion in ARR, representing a year-over-year increase of 50%. The robust growth was driven by the sustained growth of subscriptions and increased adoption of CyberArk's identity security a small competitor, SentinelOne's ARR is also growing rapidly with reaching $948 million at the end of the first quarter of fiscal 2026. This represents a year-over-year rise of 24% fueled by growing adoption of SentinelOne's AI-first Singularity platform and Purple AI. Shares of Zscaler have surged 66.3% year to date compared with the Zacks Security industry's growth of 22%. Image Source: Zacks Investment Research From a valuation standpoint, ZS trades at a forward price-to-sales ratio of 15.21, slightly above the industry's 14.77. Image Source: Zacks Investment Research The Zacks Consensus Estimate for Zscaler's fiscal 2026 earnings is pegged at $3.18 per share, up by 3.92% over the past 30 days, which implies a 0.31% drop year over year. The consensus mark for fiscal 2027 is also up by 2.01% over the past 30 days at $3.55 per share, indicating a year-over-year increase of 11.86%. Image Source: Zacks Investment Research ZS stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SentinelOne, Inc. (S) : Free Stock Analysis Report CyberArk Software Ltd. (CYBR) : Free Stock Analysis Report Zscaler, Inc. (ZS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
04-06-2025
- Business
- Yahoo
Red Canary Acquisition, AI Innovations Propel Zscaler's Growth Story: Analyst
Needham analyst Mike Cikos maintained a Buy rating on Zscaler (NASDAQ:ZS) and raised the price forecast from $310 to $350. On June 3, Cikos attended Zscaler's annual Zenith event, the company's flagship gathering for customers and partners. In an analyst note, he said that the company unveiled several new capabilities, primarily focused on AI and the expansion of its Zero Trust Everywhere initiative. These enhancements aim to bolster data security and thwart cyberattacks, directly addressing critical challenges businesses face when adopting AI, such as protecting proprietary information and ensuring regulatory stated that he sees Zenith as Zscaler's initial presentation of management's expansive vision for a reimagined Agentic SOC (Security Operations Center) powered by AI innovations supporting their Data Fabric for Security. Concurrently, the acquisition of Red Canary is expected to accelerate this vision by adding domain experts capable of engaging with customer SOC teams, a slightly different client persona, the analyst noted. Additionally, the analyst pointed out that Red Canary is anticipated to empower Zscaler's partners to serve clients better while advancing the Threat Management vision by more effectively utilizing security signals for investigations. The analyst believes that Zscaler is capable of maintaining its high level of execution as new sales hires increase their productivity and attrition rates decline. Cikos mentioned that in the third quarter of FY25, Zero Trust Everywhere customers grew over 60% sequentially to more than 210, targeting over 390 by the end of FY26. The company sees a 6x up/cross-sell opportunity in existing customers, and Cikos views newer products like Branch and AI Analytics as underappreciated. Cikos foresees sustained ~20% growth, with operating margins eventually surpassing 30% in the long term. Price Action: ZS shares are trading higher by 1.05% to $298.19 at last check Wednesday. Read Next:Photo by Sundry Photography via Shutterstock Date Firm Action From To Mar 2022 Daiwa Capital Upgrades Underperform Buy Feb 2022 BMO Capital Maintains Outperform Feb 2022 Deutsche Bank Maintains Buy View More Analyst Ratings for ZS View the Latest Analyst Ratings Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Red Canary Acquisition, AI Innovations Propel Zscaler's Growth Story: Analyst originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Channel Post MEA
04-06-2025
- Business
- Channel Post MEA
Zscaler Expands Zero Trust Everywhere Offering
Zscaler has announced a new suite of solutions that enable customers to quickly adopt Zero Trust Everywhere. These innovations extend the reach of true Zero Trust and enable businesses to modernize and scale securely by providing end-to-end segmentation between and inside branches and enhance security across multi-cloud environments. Organizations are increasingly distributed, rapidly adopting IoT, OT, and multi-cloud architectures and grappling with increasing digital complexity. Zscaler has unveiled innovative updates to the Zscaler Zero Trust Exchange platform, empowering businesses to extend Zero Trust Everywhere—across users, applications, devices, clouds, and branch locations. These enhancements make an organization's branches and clouds invisible to bad actors, and eliminate the lateral movement of threats like ransomware within the organization's network. With its expanded capabilities to strengthen Zero Trust Everywhere, Zscaler is advancing its cybersecurity postures, simplifying security network infrastructure, and making it easier for businesses to scale securely in today's rapidly changing threat landscape. The following Zero Trust solutions—highlighted at Zenith Live 2025—are now generally available or accessible for select use cases by Zscaler customers. Unified Appliance for Zero Trust Branch : Zscaler's Zero Trust Branch redefines enterprise security and networking with a unified appliance that secures communications between branches, campuses, and factories, and segments OT and IoT devices within them including legacy OT, with no downtime. The solution also provides newly introduced disposable jumpboxes that enables contractors secure, time-bound access to critical systems. By eliminating the need for firewalls, legacy NAC, cumbersome VLAN configurations and VDI for remote access, organizations can stop lateral threat movement with unparalleled efficacy. This approach not only elevates security, but also dramatically reduces complexity and costs, empowering businesses to modernize and scale faster without compromise. Unified Appliance for Zero Trust Branch is generally available. Zscaler's Zero Trust Branch redefines enterprise security and networking with a unified appliance that secures communications between branches, campuses, and factories, and segments OT and IoT devices within them including legacy OT, with no downtime. The solution also provides newly introduced disposable jumpboxes that enables contractors secure, time-bound access to critical systems. By eliminating the need for firewalls, legacy NAC, cumbersome VLAN configurations and VDI for remote access, organizations can stop lateral threat movement with unparalleled efficacy. This approach not only elevates security, but also dramatically reduces complexity and costs, empowering businesses to modernize and scale faster without compromise. Unified Appliance for Zero Trust Branch is generally available. Zero Trust Gateway for Cloud Workloads: This cloud-native service on AWS enables organizations to secure communications from workload to the internet, and East-West traffic between workloads and VPCs/VNETs, in under 10 minutes without deploying agents or VMs with a Zscaler managed offering. This strengthens security in hybrid and multi-cloud environments, allowing organizations to reduce the attack surface associated with firewalls, and eliminate complexity and secure workload communications. Zero Trust Gateway is generally available. This cloud-native service on AWS enables organizations to secure communications from workload to the internet, and East-West traffic between workloads and VPCs/VNETs, in under 10 minutes without deploying agents or VMs with a Zscaler managed offering. This strengthens security in hybrid and multi-cloud environments, allowing organizations to reduce the attack surface associated with firewalls, and eliminate complexity and secure workload communications. Zero Trust Gateway is generally available. Zscaler Microsegmentation for Cloud Workloads: Zscaler further extends AI-driven segmentation to cloud workloads with newly introduced host-based Microsegmentation service that provides granular host and process level segmentation policies using its AI- powered Segmentation engine for Workloads in public clouds such as AWS and Azure as well as on-premise Data Center based workloads that run on bare metal. Zscaler Workload agent provides process and workload level metrics, traffic flows as well device context, that protects crown jewels against lateral threats and compromise. Zscaler Microsegmentation is generally available. Zscaler further extends AI-driven segmentation to cloud workloads with newly introduced host-based Microsegmentation service that provides granular host and process level segmentation policies using its AI- powered Segmentation engine for Workloads in public clouds such as AWS and Azure as well as on-premise Data Center based workloads that run on bare metal. Zscaler Workload agent provides process and workload level metrics, traffic flows as well device context, that protects crown jewels against lateral threats and compromise. Zscaler Microsegmentation is generally available. Zero Trust Exchange for B2B: The introduction of B2B Exchange revolutionizes secure collaboration by providing a cutting-edge app-sharing platform for partner organizations, eliminating the need for outdated technologies like MPLS circuits or VPNs that come with complexity and the risk of oversharing. This solution accelerates seamless, secure connections between enterprises, empowering organizations to drive faster, more efficient mergers, acquisitions, and partnerships while safeguarding sensitive data. Zero Trust Exchange for B2B is available for select use cases, with extended capabilities coming soon. 'Zscaler's latest innovations for the Zero Trust Exchange truly extends Zero Trust Everywhere beyond users and redefines the enterprise security and networking by seamlessly unifying operations, strengthening threat defenses, and enabling secure connectivity across users, devices, applications, branches, and clouds with better visibility and experience—no matter how complex or distributed the environment,' said Dhawal Sharma, EVP Product Strategy, Zscaler. 'With this expanded Zero Trust Everywhere approach, organizations can accelerate security modernization, mitigate risks, and protect data everywhere business happens.' 0 0
