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Zscaler Announces Transition Agreement for Retiring CFO

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Zscaler Announces Transition Agreement for Retiring CFO

Elevate Your Investing Strategy:

Zscaler ( (ZS) ) just unveiled an update.

On June 9, 2025, Zscaler, Inc. announced a Transition Agreement with its retiring CFO, Remo Canessa, to ensure a smooth transition to a new CFO by December 31, 2025. During this period, Mr. Canessa will maintain his current salary and benefits, and upon completion, he will receive a lump sum payment and accelerated vesting of restricted stock units, highlighting the company’s commitment to a seamless leadership transition.

The most recent analyst rating on (ZS) stock is a Buy with a $210.00 price target. To see the full list of analyst forecasts on Zscaler stock, see the ZS Stock Forecast page.

Spark’s Take on ZS Stock

According to Spark, TipRanks’ AI Analyst, ZS is a Outperform.

Zscaler’s strong revenue growth and efficient cash flow management are major positives, supported by a robust earnings call indicating optimistic future potential. However, the overbought technical indicators and high valuation without profitability pose risks. Investors should weigh the growth trajectory against current valuation concerns.

To see Spark’s full report on ZS stock, click here.

More about Zscaler

Zscaler, Inc. operates in the cybersecurity industry, providing cloud-based security solutions designed to protect users and data from cyber threats. The company’s primary products include internet security, web security, and cloud firewall services, with a focus on serving enterprises and government organizations globally.

Average Trading Volume: 2,635,493

Technical Sentiment Signal: Buy

Current Market Cap: $46.69B

See more data about ZS stock on TipRanks’ Stock Analysis page.

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