Zscaler is galloping ahead—revenues growing +20–23% YoY, ARR climbing, strategic acquisitions (Red Canary), and AI/Zero Trust platform expansion. Profitability still lags (net losses and negative ROE), but cash flow is solid.
Valuation is expensive even by frothy tech standards, yet most analysts are betting growth will justify it.
Valuation is expensive even by frothy tech standards, yet most analysts are betting growth will justify it.
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