Jun. 2 at 10:34 PM
$ZS
Why I like this stocks outlook
Their revenue grows 20-25% a year by average. They pose to gain massive growth with the evolution of AI, and the average analysts price target sits around 220$ at a fair price. It’s down so much in the last year for 3 reasons.
1: Two key leadership changes (this scares most investors)
2: People think AI will crush this company, but it couldn’t be the opposite 🤣 they are actually gaining massively and will completely blow out all expectations from their AI projects in the coming years.
3: They were conservative on their expected earnings in the short term (which scares big money because they hate seeing deceleration)
Overall, if it hits 350$ in a year I’ll sell to preserve gains then look for a reentry. However, I doubt it will be that quick , but this is an easy 400$ stock in a few years. The cybersecurity sector grows on average 12-15% a year by itself.
