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home / news releases / ZS - Zscaler: I Don't Want To Do It But It's Time To Downgrade

ZS - Zscaler: I Don't Want To Do It But It's Time To Downgrade

Zscaler Inc.

2024-02-03 20:59:40 ET

Summary

  • Zscaler is soaring along with the roaring tech sector.
  • The company is one of the fastest growers in the cybersecurity space and is close to generating GAAP profitability.
  • The company maintains a net cash balance sheet and has benefited from the higher interest rate environment.
  • I explain why I am downgrading the stock.

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For further details see:

Zscaler: I Don't Want To Do It, But It's Time To Downgrade
Stock Information
Company Name: Zscaler Inc.
Stock Symbol: ZS
Market: NASDAQ
Website: zscaler.com
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