Pomerantz LLP is investigating Zscaler for potential securities fraud following the company's Q3 2026 revenue guidance that missed expectations and the departure of its Chief Revenue Officer, Mike Rich. Zscaler's stock fell sharply after both events, dropping over 31% after the revenue forecast and 10% after the executive's exit. The investigation aims to determine if Zscaler and its officers engaged in unlawful business practices. This legal action could impact investor confidence and the company's future disclosures.
Zscaler Inc currently holds a market cap of $34.82 billion and an enterprise value of $33.20 billion on Pluang as of Oct 08, 2026 21:12 WIB. Despite the recent sharp declines reported in the news, the stock price on Pluang shows a 1-day gain of 1.37%, trading at USD 216.47. Trading volume stands at 2,678,909 shares, with a typical hold time of 41 days and a majority of 73% buy orders, indicating active investor interest.
Zscaler CEO Jay Chaudhry has sold 2,852 shares of the company, generating $550,000 from the transaction. This sale could indicate personal financial planning or portfolio rebalancing by the CEO. Investors might watch for any further insider activity ...
Zscaler reaffirmed its fiscal 2027 guidance, easing concerns about leadership changes, but Jefferies views its $10 billion annual recurring revenue (ARR) target for 2031 as ambitious. The cybersecurity firm aims for over $8 billion ARR by 2031, imply...
Needham raised Zscaler's price target to $255, citing strong demand for AI-related cybersecurity solutions. Zscaler aims to exceed $8 billion in annual recurring revenue by fiscal 2031, driven by increasing needs to protect against AI-powered cyberat...
Eight Wall Street firms raised their price targets for Zscaler following the company's $10 billion Annual Recurring Revenue (ARR) goal announcement, with targets now implying a 29% upside from current prices. While most analysts maintain Buy or Overw...
Zscaler reported a 25% year-over-year revenue increase, surpassing guidance and nearing GAAP profitability with a strong cash position. Management expects 17.5%–19% revenue growth and aims for $10 billion in annual recurring revenue by fiscal 2031, s...
