On June 26, Zscaler rose 5.08% in regular trading, trading around $130.09 per share, with turnover of approximately $89.90 million. The move was driven by the announcement of a strategic partnership agreement between Zscaler and Amazon Web Services.

According to the agreement, the two companies will collaborate on technology integration, reference architectures, and joint go-to-market activities, with a focus on securing generative AI deployments in government, healthcare, and education sectors. The partnership further solidifies Zscaler's positioning in cloud security and AI security.

Multiple institutions have noted that AI-driven cyber threats are evolving rapidly, expanding Zscaler's market opportunity. Analysts estimate the company's total serviceable addressable market at $120 billion, including over $16 billion in AI security. Earlier this month, Wedbush confirmed strong demand for Zscaler's cloud and AI products following its annual user conference, while RBC highlighted increasing opportunities amid AI-related cybersecurity threats. The company also recently unveiled innovations extending its Zero Trust Exchange platform to secure agentic AI.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)