The cloud-based cyber security firm Zscaler has been on a growth tear and it doesn’t appear to be slowing down anytime soon. According to our zscaler.com website traffic estimates, growth is accelerating in the month of November.
Zscaler Daily Estimated Website Traffic (2021 YTD)
The last time we saw a significant jump in traffic like this was back in March 2020, just as the coronavirus pandemic was starting. Since that time, the estimated website traffic has been range bound, showing little growth until August of this year. September and October have continued to build on this growth and so far, November is as well.
Zscaler Monthly Estimated Website Traffic (past 3 years)
This pick up in growth could be due to a number of factors, including an increase in advertising spend for its marketing campaigns, significant news events, or simply an increased interest and demand in their products and services. Whatever the case, it’s a bullish sign and something to take into consideration with their earnings date coming up on December 1st.