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
€248.65
-4.600%
The stock is an absolute favorite of our community with 88 Buy predictions and no Sell predictions.
With a target price of 276 € there is a slightly positive potential of 11.0% for Zscaler Inc compared to the current price of 248.65 €.
