1 Magnificent Growth Stock Down 55% to Buy Right Now, According to Wall Street
Artificial intelligence is causing headaches for businesses worldwide as hackers exploit the technology to launch sophisticated cyber attacks. Zscaler, an early pioneer of zero-trust cybersecurity architecture, is offering a strong defense against these AI-related threats. By making applications and data invisible to unauthorized users, Zscaler prevents attackers from accessing valuable assets, even if they use advanced tools.
The company's revenue grew by 25% in fiscal year 2026, driven by the "Zero Trust Everywhere" philosophy, which applies zero-trust principles to the entire organization. Despite a 55% drop from its 2021 peak, Zscaler has received a buy rating from the majority of Wall Street analysts, with an average price target of $207.40, indicating a potential 25% increase in the next year.
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