Zscaler reported strong fiscal Q4 results, surpassing analyst expectations with an EPS of $1.19 and revenue of $898.19 million, a 25% year-over-year growth. The company credits its robust performance to strategic investments in artificial intelligence and a workforce restructuring aimed at boosting AI innovation. Positive market reaction followed, with shares rising significantly as investors gained confidence in Zscaler's future growth prospects. CEO Jay Chaudhry highlighted momentum in the company's new security tool, supporting a strong outlook.
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...
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 ...
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,...
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...
