Zscaler Inc. (NASDAQ:ZS) is deemed as one of the best tech stocks for long-term investment by analysts at Truist Securities, who reiterated a ‘Buy’ rating and a $350 price target on September 9. The positive stance was influenced by the company’s strong growth in the emerging business segment.

The Z-Flex licensing model introduced by Zscaler less than two quarters ago has proven to be a significant growth driver, securing over $100 million in total contract value bookings in the fourth quarter of fiscal 2025. This contributed to the company’s revenue exceeding consensus estimates at $719 million.

Zscaler Inc. (NASDAQ:ZS) is a cloud-based cybersecurity company offering a Zero Trust Exchange platform that securely connects users, devices, and applications. By replacing traditional network security with cloud-delivered services, Zscaler’s solutions enable secure internet access and application connectivity for distributed workforces without the need for physical hardware.

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Read more at Yahoo Finance: Truist Securities Buoyed by Zscaler (ZS)’s Emerging Business Growth, Affirms Buy Stance