Jun. 12 at 10:40 PM
$ZS alright folks you should read this:
Part 1/2:
I think the market understands the AI story for PANW, CRWD, FTNT, and other cybersecurity winners.
CRWD = more agents, more endpoints to secure.
FTNT = more AI traffic, more network demand.
PANW = platform consolidation and AI security all in one.
The ZS story is harder to explain. That’s why Jay and the team are struggling to get the message across. AI agents aren’t just new endpoints, they’re new identities that need access to applications, data, and systems. More agents should eventually mean more Zero Trust.
The problem is most AI today is still only used for development or testing. We aren’t seeing large-scale customer-facing agent deployments yet, at production level, so the security bottleneck ZS solves isn’t showing up in revenue forecasts, nor are companies putting money down on it yet.
