Zscaler shares drop 8.6% after CRO Mike Rich resigns, but analysts see limited disruption ahead.

Zscaler's shares fell 8.6% after Chief Revenue Officer Mike Rich resigned for personal reasons, effective October 1. Ross Tackett, the current Worldwide Head of Sales, will replace him. Analysts at Jefferies acknowledge some execution risk due to the timing but expect limited disruption since Tackett helped develop the current sales strategy and has extensive experience. The company maintains its fiscal 2027 guidance, supported by new product launches and a broadening portfolio, with expectations for stability in the second half of the fiscal year.

Zscaler shares on Pluang dropped 8.40% to USD 196.60 as of Sep 25, 2026, 21:34 WIB. The stock's market cap stands at $35.00B with a 52-week low of $118.05. Pluang order activity shows heavy selling at 97%, reflecting cautious sentiment among traders.