Jun. 25 at 4:46 PM
$ZS A
$1B buyback would change the tone fast. At around a
$20B market cap, that’s roughly 5% of the company. With ~
$3.5B in cash + investments and record non-GAAP profitability, the balance sheet can support it.
It doesn’t solve execution concerns overnight, but it would be a strong signal that management sees the stock as undervalued. 🚨