Zscaler (ZS) Soars 8.5%: Is Further Upside Left in the Stock?

Zscaler shares jumped in the latest session on above-average volume, but the article says recent earnings estimate revisions do not point to continued upside. The message is technically constructive in the short term, but fundamentals and analyst expectations appear to be turning less supportive. Overall, this is a cautious read for the stock despite the recent price gain.

Analysis

Zscaler shares jumped in the latest session on above-average volume, but the article says recent earnings estimate revisions do not point to continued upside. The message is technically constructive in the short term, but fundamentals and analyst expectations appear to be turning less supportive. Overall, this is a cautious read for the stock despite the recent price gain.