Monitor this situation.
Unsubscribe anytime.
[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 4 sources · 28 days · First seen · Last updated
Zscaler financial performance and market outlook
Overview
Zscaler reported quarterly financial results that exceeded Wall Street expectations, featuring a 25% year-over-year revenue growth to approximately $719 million. Despite surpassing estimates for annual recurring revenue and raising future guidance, the company’s stock faced downward pressure and volatility.
Following these results, the company held its 2026 Analyst/Investor Day. Financial analysts, including those from the Royal Bank of Canada, reaffirmed an ‘outperform’ rating for the stock with a price target of $236.00. Other institutions, such as TD Cowen and JPMorgan Chase & Co., also provided price target increases, contributing to a consensus ‘Moderate Buy’ rating among analysts.
Entities
Zscaler · Royal Bank of Canada · Jagtar Chaudhry · Jay Chaudhry · Adam Geller
Timeline
-
[BUSINESS] 2 sourcesZscaler receives reaffirmed ‘outperform’ rating from Royal Bank of Canada
Zscaler received an ‘outperform’ rating reaffirmation from Royal Bank of Canada with a $236.00 price target amid its 2026 Analyst/Investor Day.
-
[BUSINESS] 2 sourcesZscaler shares fall despite beating earnings and raising guidance
Zscaler shares fell despite beating earnings expectations and issuing upbeat guidance, driven by growth in Zero Trust and AI security adoption.
Sources
cryptonomist.ch · rocketnews.com · seekingalpha.com · stocknews.com