Zscaler's shares dropped over 31% following a weaker-than-expected revenue forecast for fiscal 2027, with projected growth of 16-17%, down from prior estimates of 19-20%. Despite beating Q3 earnings and revenue estimates, the company signaled a slowdown due to sales leadership changes and cautious new customer growth. Organic annual recurring revenue grew 21% in Q3, but the outlook reflects a more conservative growth trajectory. The company plans to stabilize through expanded partnerships and deeper enterprise relationships.
Cybersecurity stocks surged after IBM CEO Arvind Krishna highlighted cyber threats as a top concern for customers in the company's preliminary Q2 results. Krishna noted that some major deals were delayed as businesses reconsidered spending due to evo...
Zscaler's stock dropped sharply by 31.5% on May 27, 2026, after the company issued weaker-than-expected guidance and revealed disruptions linked to sales leadership changes. This decline followed concerns about slowing growth, weaker customer expansi...
