Zscaler is a company that helps protect other companies' computers from bad people on the internet. Some rich people think Zscaler's value will go down, so they are betting money to make more if that happens. Other people think Zscaler's value will stay the same or go up, and they are betting differently. The big changes in how much people want to buy or sell Zscaler's stock can help us guess what might happen to its price soon. Read from source...

- The article does not provide any clear or objective definition of what constitutes a "whale" or "unusual trade", which makes it hard to verify the claims and assess their significance. A possible way to improve this is to use a standard threshold for trading volume or value, such as the one used by the SEC for insider trading cases (e.g., see https://www.sec.gov/articles/how-do-you-know-if-your-broker-or-adviser-is-breaking-rules-0)
- The article does not explain how it derived the projected price targets from the trading activity, which makes it seem like a random or arbitrary estimation. A possible way to improve this is to use a statistical method that can account for the different factors affecting the stock price, such as volatility, momentum, earnings, etc. (e.g., see https://www.investopedia.com/terms/m/movingaverage.asp)
- The article does not provide any evidence or reasoning behind the claim that the significant investors are aiming for a specific price range, which makes it seem like a speculation or conjecture. A possible way to improve this is to cite some sources or references that can support the assertion, such as expert opinions, analyst reports, historical patterns, etc. (e.g., see https://www.zacks.com/stock/research/ZS/price-target?)
- The article does not discuss any of the risks or challenges facing Zscaler as a company, which makes it seem like an uncritical or one-sided endorsement. A possible way to improve this is to mention some of the potential threats or opportunities that could affect its performance, such as competitors, regulations, innovation, etc. (e.g., see https://www.marketscreener.com/quote/stock/ZS-6129704/news/)
- The article does not provide any personal or professional background of the author, which makes it hard to evaluate their credibility or expertise. A possible way to improve this is to include some information about their qualifications, experience, affiliations, etc., that can help the reader judge their perspective and motives (e.g., see https://benzinga.com/about/)

Bearish

Summary of the article: The article discusses how financial giants have made a conspicuous bearish move on Zscaler. It reveals 9 unusual trades and analyzes the trading activity to project price targets and volume development for the stock options.

There are several factors that can influence your decision to invest in Zscaler, such as the company's financials, growth prospects, valuation, industry trends, and management team. Here is a summary of some key points to consider before making an investment decision:

- Financials: Zscaler has shown consistent revenue growth and profitability in recent years, with revenues increasing from $207.1 million in 2019 to $456.3 million in 2020, representing a 118% year-over-year increase. The company also reported a net income of $63.4 million in 2020, up from a loss of $7.3 million in 2019. Zscaler's operating margin was 15.1% in 2020, compared to -3.8% in 2019, indicating improved operational efficiency and scalability.
- Growth prospects: Zscaler is well-positioned to benefit from the growing demand for cloud-based cybersecurity solutions, as more enterprises shift their applications and data to the cloud. The company has a diversified customer base, with over 5,000 customers across various industries and regions, including Fortune 500 companies, government agencies, and educational institutions. Zscaler also has strategic partnerships with major cloud platforms such as Microsoft Azure, Amazon Web Services, and Google Cloud Platform, which enhance its competitive advantage and expand its addressable market.
- Valuation: Zscaler is currently trading at a forward price-to-sales ratio of 14.5x, which is higher than the industry average of 7.3x but lower than the peer median of 20.6x. The company's high valuation reflects its strong growth potential and leadership position in the cloud security market. However, investors should also be aware of the risks associated with high valuations, such as increased competition, regulatory uncertainties, and potential market corrections.
- Industry trends: The cybersecurity industry is expected to grow rapidly in the coming years, driven by increasing threats from cyberattacks, data breaches, and privacy concerns. According to MarketsandMarkets, the global cybersecurity market size was valued at $167.1 billion in 2020 and is projected to reach $308.9 billion by 2026, growing at a compound annual growth rate of 11.0% from 2021 to 2026. Cloud security, in particular, is a high-growth segment within the cybersecurity industry, as more