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Zscaler, Inc. (ZS): A Bear Case Theory

We came across a bearish thesis on Zscaler, Inc. (ZS) on Substack by Magnus Ofstad. In this article, we will summarize the bears’ thesis on ZS. Zscaler, Inc. (ZS)'s share was trading at $205.20 as of March 21st. ZS’s forward P/E was 70.42 according to Yahoo Finance.

[caption id="attachment_1165814" align="aligncenter" width="768"] Pixabay/Public domain[/caption]

Zscaler (ZS) is a leader in AI-driven cybersecurity, specializing in Zero Trust and Secure Access Service Edge (SASE) architectures. Its Zero Trust Exchange platform leverages AI-powered threat intelligence to provide...