If you are wondering whether Zscaler at around US$220 per share looks expensive or reasonably priced, you are not alone. This article focuses on what the current price might be implying about future expectations.
The stock has seen a 3.3% decline over the last week and a 9.1% decline over the last 30 days, while still showing a 16.9% return over 1 year and a 110.6% return over 3 years. This naturally raises questions about how much optimism is already built into the price.
Recent interest in cybersecurity providers like Zscaler has been shaped by ongoing investor focus on cloud based security companies and their role in securing distributed workforces. That context helps explain why the share price has been active over shorter periods,…