Pomerantz LLP is investigating Zscaler, Inc. for potential securities fraud following significant stock price drops after the company missed revenue guidance and announced the departure of its Chief Revenue Officer. Despite beating earnings expectations, Zscaler's revenue forecast fell slightly short, causing a 31.5% stock decline in May 2026. The stock fell another 10% in September 2026 after the executive departure. The investigation could lead to a class action lawsuit on behalf of investors alleging unlawful business practices or fraud.
Zscaler Inc (ZS) shares are trading at USD 229.96 on Pluang as of Oct 14, 2026 04:21 WIB, showing a 1.85% gain in the last day. The stock’s market cap stands at $36.81 billion, reflecting significant investor interest despite recent challenges. Trading volume reached 2,661,492 shares, with a balanced order activity of 50% sell and 50% buy.
Zscaler aims for $8–10 billion in annual recurring revenue by fiscal year 2031, leveraging enterprise AI adoption and a shift to usage-based monetization. The company sees $15 billion in untapped cross-selling opportunities within its existing custom...
Zscaler is rated a Buy due to strong demand for AI-driven security solutions and a credible plan to double its annual recurring revenue (ARR) to $7.6 billion by 2031. The company reported $3.8 billion in ARR last quarter, a 25% increase year-over-yea...
Zscaler's shares rose 6% after reaffirming its full-year revenue forecast of $3.91-$3.94 billion and announcing a collaboration with IBM and Red Hat to protect private applications during vulnerability windows. This news boosted the entire cybersecur...
