MAY 25·baystreet.ca▲
Watch Coinbase, Dell, Sandisk, and More
Tech stocks are in focus for a potential continuation of buying momentum. Dell shares closed at an all-time high, helped by Lenovo’s strong quarterly results, growth in PC sales, and rising demand for AI server equipment; Dell reports earnings this week. Sandisk reversed recent selling. Zscaler, after a rise from about $120 in April to $182.37, has 6.33% short interest and plans to buy Symmetry Systems. Best Buy reports quarterly sales this week.
MAY 25·finance.yahoo.com▲
Zscaler Earnings: What To Look For From ZS
Zscaler (NASDAQ:ZS) is set to report earnings Tuesday afternoon. The company’s prior quarter revenue was $815.8 million, up 25.9% year over year, and it issued next-quarter EPS guidance above analysts’ expectations and full-year EPS guidance above expectations, according to the article. Analysts expect this quarter’s revenue to rise 23.2% year over year. The average analyst price target is $223.39 versus $181.92 currently, the article says.