Why Zscaler Stock Slid on Wendesday
A solid fourth-quarter earnings release wasn't good enough for a demanding stock market in 's (NASDAQ: ZS) case Wednesday. The cybersecurity company saw its share price erode by 1.4% as the market collectively expressed mild discontent with the results. That fall was in contrast to the S 500's (SNPINDEX: ^GSPC) 0.5% improvement on the day.
In the final frame of its fiscal 2025, which Zscaler revealed after market hours Tuesday, the company managed to grow its revenue by 21% year over year to slightly over $719 million. That was on the back of a similar (22%) improvement in annual recurring revenue (ARR), which at that point amounted to nearly $3.02 billion.
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Source Fool.com
Zscaler Inc Stock
€193.72
-0.250%
With 91 Buy predictions and not a single Sell prediction Zscaler Inc is an absolute favorite of our community.
As a result the target price of 275 € shows a positive potential of 41.96% compared to the current price of 193.72 € for Zscaler Inc.
