Bullish Case: Zscaler's expansion into micro-segmentation and AI-driven zero-trust architectures positions it ahead in cybersecurity innovation, attracting high-profile clients and partnerships. These expansions enhance its product ecosystem, signaling potential growth.


Bearish Case: High volatility and recent insider sales suggest market unease. Despite technological advancements, aggressive competition and the potential for cybersecurity market saturation pose significant risks to sustained growth.


Potential Outcomes:

1) 65% - Zscaler's new integrations drive market share growth.

2) 25% - Competition stymies growth, affected by larger rivals.

3) 10% - Market saturation leads to a significant drop in stock value.


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April 30, 2024


Zscaler Forecast

ZS        Zscaler
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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