Uber Considers Full Takeover of Delivery Hero
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 47 minutes ago
0mins
Source: seekingalpha
- Uber Acquisition Intent: Uber (UBER) raised its stake in Delivery Hero (DELHY) this week and is working with advisers to evaluate a full takeover, a move that could significantly enhance its competitive position in the food delivery market.
- Parker Hannifin Acquisition: Parker Hannifin (PH) is set to acquire CIRCOR International's Commercial and Defense Aerospace business for $2.55 billion on a cash-free, debt-free basis, which will further solidify its market position in the aerospace sector.
- Zscaler Acquires Symmetry: Zscaler (ZS) announced the acquisition of privately held Symmetry Systems to boost its artificial intelligence capabilities; while terms of the deal were not disclosed, it is expected to close in the coming days, reflecting its commitment to technological innovation.
- Apartment Merger: Equity Residential (EQR) and AvalonBay Communities (AVB) agreed to an all-stock merger, creating a major U.S. rental housing company with approximately $52 billion in equity market value and over 180,000 apartment units, which will further consolidate market resources.
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Analyst Views on ZS
Wall Street analysts forecast ZS stock price to rise
30 Analyst Rating
24 Buy
6 Hold
0 Sell
Strong Buy
Current: 171.010
Low
260.00
Averages
325.62
High
390.00
Current: 171.010
Low
260.00
Averages
325.62
High
390.00
About ZS
Zscaler, Inc. is a cloud security company. The Company has developed a platform incorporating core security functionalities needed to enable fast and secure access to cloud resources based on identity, context and an organization’s policies. Its Zscaler Zero Trust Exchange platform protects thousands of customers from cyberattacks and data loss by securely connecting users, devices, and applications in any location. Its solution is a purpose-built, multi-tenant, distributed cloud platform that incorporates the security functionality needed to enable users, applications, and devices to safely and efficiently utilize authorized applications and services based on an organization’s business policies. It delivers its solutions using a software-as-a-service (SaaS) business model and sells subscriptions to customers to access its cloud platform, together with related support services. It offers a security platform that combines its platform with automated security operations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Zscaler Q3 Earnings Preview: Strong Growth Expected
- Earnings Expectations: Zscaler is projected to report Q3 earnings of $1.01 per share, reflecting a 20.2% year-over-year increase, with revenues expected at $835.66 million, indicating a 23.2% growth, showcasing the company's robust growth potential in the cloud security sector.
- Strategic Expansion: The acquisition of SquareX extends Zscaler's Zero Trust security into standard browsers, while further expanding its Zero Trust Exchange platform, indicating a strategic focus on global sovereignty that enhances its competitive edge in the market.
- AI Security Partnership: Zscaler's collaboration with OpenAI strengthens its AI security positioning, and being recognized as the 2026 Google Cloud Partner of the Year in the security category highlights its leading role in the AI-driven cloud security market.
- Market Performance: Despite Zscaler beating EPS estimates 100% of the time over the past two years, its stock has fallen approximately 19.8% this year, reflecting the volatility and intensifying competition faced by the cybersecurity industry.
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Uber Considers Full Takeover of Delivery Hero
- Uber Acquisition Intent: Uber (UBER) raised its stake in Delivery Hero (DELHY) this week and is working with advisers to evaluate a full takeover, a move that could significantly enhance its competitive position in the food delivery market.
- Parker Hannifin Acquisition: Parker Hannifin (PH) is set to acquire CIRCOR International's Commercial and Defense Aerospace business for $2.55 billion on a cash-free, debt-free basis, which will further solidify its market position in the aerospace sector.
- Zscaler Acquires Symmetry: Zscaler (ZS) announced the acquisition of privately held Symmetry Systems to boost its artificial intelligence capabilities; while terms of the deal were not disclosed, it is expected to close in the coming days, reflecting its commitment to technological innovation.
- Apartment Merger: Equity Residential (EQR) and AvalonBay Communities (AVB) agreed to an all-stock merger, creating a major U.S. rental housing company with approximately $52 billion in equity market value and over 180,000 apartment units, which will further consolidate market resources.
See More
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- Weekly Leaders: Over the past week, Arm Holdings (ARM) and Qualcomm (QCOM) surged 45.57% and 18.09%, respectively, becoming the top gainers on Nasdaq, reflecting strong investor interest and optimistic market sentiment regarding their future growth prospects.
- Major Decliners: Despite Intuit (INTU) exceeding third-quarter expectations and raising its full-year outlook, its stock plummeted 18.58%, highlighting market concerns about its future performance, which negatively impacted the overall tech, consumer, and healthcare sectors.
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- Stock Dynamics: Merck leads the healthcare sector with encouraging trial results, while Dell's stock surges over 16%, showcasing a robust rebound in tech stocks that may attract more investor interest in these sectors' growth potential.
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- Acquisition Intent: Zscaler has announced its intent to acquire Symmetry Systems, with the transaction expected to close in the coming days, aimed at enhancing foundational visibility for governing AI agent communication and advancing the next phase of Zero Trust architecture.
- Enhanced Visibility: CEO Jay Chaudhry stated that the acquisition will add an access graph that maps how every identity, application, and data source connects across the enterprise, providing customers with the actionable control needed to safely embrace AI.
- Market Reaction: In pre-market trading on Nasdaq, Zscaler shares fell by 1.19% to $172.37, reflecting a cautious market sentiment regarding the acquisition and its potential impact on future growth expectations.
- Strategic Implications: By integrating Symmetry Systems' technology, Zscaler will be able to govern communication between AI agents and applications at scale, further solidifying its leadership position in cybersecurity and enhancing customer trust in its Zero Trust solutions.
See More
Zscaler Q3 Earnings Preview: Strong Growth Expected
- Earnings Expectations: Zscaler is projected to report Q3 earnings of $1.01 per share, reflecting a 20.2% year-over-year increase, with revenues expected at $835.66 million, indicating a 23.2% growth, showcasing the company's robust growth potential in the cloud security sector.
- Strategic Expansion: The acquisition of SquareX extends Zscaler's Zero Trust security into standard browsers, while further expanding its Zero Trust Exchange platform, indicating a strategic focus on global sovereignty that enhances its competitive edge in the market.
- AI Security Partnership: Zscaler's collaboration with OpenAI strengthens its AI security positioning, and being recognized as the 2026 Google Cloud Partner of the Year in the security category highlights its leading role in the AI-driven cloud security market.
- Market Performance: Despite Zscaler beating EPS estimates 100% of the time over the past two years, its stock has fallen approximately 19.8% this year, reflecting the volatility and intensifying competition faced by the cybersecurity industry.
See More
Uber Considers Full Takeover of Delivery Hero
- Uber Acquisition Intent: Uber (UBER) raised its stake in Delivery Hero (DELHY) this week and is working with advisers to evaluate a full takeover, a move that could significantly enhance its competitive position in the food delivery market.
- Parker Hannifin Acquisition: Parker Hannifin (PH) is set to acquire CIRCOR International's Commercial and Defense Aerospace business for $2.55 billion on a cash-free, debt-free basis, which will further solidify its market position in the aerospace sector.
- Zscaler Acquires Symmetry: Zscaler (ZS) announced the acquisition of privately held Symmetry Systems to boost its artificial intelligence capabilities; while terms of the deal were not disclosed, it is expected to close in the coming days, reflecting its commitment to technological innovation.
- Apartment Merger: Equity Residential (EQR) and AvalonBay Communities (AVB) agreed to an all-stock merger, creating a major U.S. rental housing company with approximately $52 billion in equity market value and over 180,000 apartment units, which will further consolidate market resources.
See More
Wall Street Major Indices Rise Amid Fed Chair Swearing In
- Analyst Rating Changes: Morgan Stanley upgraded Lam Research (LRCX) from Equal-weight to Overweight, raising the price target from $293 to $331, anticipating an 8 percentage point outperformance in 2024, highlighting the company's long-term growth potential in the semiconductor sector.
- Cybersecurity Upgrade: B. Riley upgraded Zscaler (ZS) from Neutral to Buy, despite lowering the price target to $225, as analysts believe the adoption of AI technology will provide a positive tailwind for Zscaler, even amid market concerns about its future.
- Texas Instruments AI Boost: Seaport Research Partners upgraded Texas Instruments (TXN) from Neutral to Buy with a price target of $400, expecting that the growing demand for power will significantly enhance the growth and margin profile of the analog semiconductor market driven by AI.
- Aluminum Industry Outlook: UBS upgraded aluminum producer Alcoa (AA) from Neutral to Buy, raising the price target to $80, as expected smelter outages due to the ongoing Middle East conflict are likely to support aluminum prices and premiums, despite near-term demand risks.
See More
Nasdaq Composite Index Closes Slightly Up, Driven by Tech Stocks
- Strong Tech Performance: The Nasdaq Composite Index closed up 0.19% on Friday, primarily driven by tech stocks, with Qualcomm (QCOM) and Advanced Micro Devices (AMD) rising due to positive talks with Iran, indicating a renewed market confidence in the tech sector.
- Weekly Leaders: Over the past week, Arm Holdings (ARM) and Qualcomm (QCOM) surged 45.57% and 18.09%, respectively, becoming the top gainers on Nasdaq, reflecting strong investor interest and optimistic market sentiment regarding their future growth prospects.
- Major Decliners: Despite Intuit (INTU) exceeding third-quarter expectations and raising its full-year outlook, its stock plummeted 18.58%, highlighting market concerns about its future performance, which negatively impacted the overall tech, consumer, and healthcare sectors.
- Market Dynamics Analysis: Four out of the top five gainers on Nasdaq this week were from the tech sector, underscoring the dominance of technology stocks in the current market environment, while declines in Walmart (WMT) and Regeneron Pharmaceuticals (REGN) reflect challenges faced by the retail and healthcare industries.
See More
U.S. Stocks Close Higher, S&P 500 Approaches 7,500
- Market Performance: The S&P 500 is nearing 7,500, on track for its eighth consecutive week of gains, reflecting strong market performance driven by sectors like healthcare and information technology, indicating investor confidence in economic recovery.
- Stock Dynamics: Merck leads the healthcare sector with encouraging trial results, while Dell's stock surges over 16%, showcasing a robust rebound in tech stocks that may attract more investor interest in these sectors' growth potential.
- Arm Holdings Surge: Arm Holdings rallies nearly 50% this week, and despite trimming shares on Monday, it still locked in a 20% gain, highlighting its significance and growth potential within the portfolio, reflecting optimistic market expectations for its future performance.
- Starbucks AI Project Adjustment: Starbucks has ended an AI program for automating inventory accounting, which may impact its $2 billion cost savings target; however, CEO Brian Niccol is set to discuss this goal at next week's conference, indicating the company's ongoing focus on cost control during its turnaround efforts.
See More
Zscaler to Acquire Symmetry Systems for Enhanced AI Governance
- Acquisition Intent: Zscaler has announced its intent to acquire Symmetry Systems, with the transaction expected to close in the coming days, aimed at enhancing foundational visibility for governing AI agent communication and advancing the next phase of Zero Trust architecture.
- Enhanced Visibility: CEO Jay Chaudhry stated that the acquisition will add an access graph that maps how every identity, application, and data source connects across the enterprise, providing customers with the actionable control needed to safely embrace AI.
- Market Reaction: In pre-market trading on Nasdaq, Zscaler shares fell by 1.19% to $172.37, reflecting a cautious market sentiment regarding the acquisition and its potential impact on future growth expectations.
- Strategic Implications: By integrating Symmetry Systems' technology, Zscaler will be able to govern communication between AI agents and applications at scale, further solidifying its leadership position in cybersecurity and enhancing customer trust in its Zero Trust solutions.
See More
