ZS Stock Recent News
ZS LATEST HEADLINES
Zacks.com users have recently been watching Zscaler (ZS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Zscaler stock (NASDAQ: ZS) has declined from around $212 at the beginning of the year to $162 now - a 24% fall over a period when the benchmark S&P index grew 16%. While the stock recovered in August, it nosedived 20% in a single day after the cloud security company published its 2024 preliminary results.
Zscaler's latest earnings report exceeded Wall Street's expectations. But its outlook for fiscal 2025 was disappointing.
Zscaler stock fell after the company forecasted decelerating revenue growth.
Zscaler's fiscal Q4 results were solid, and its strong net dollar retention was a highlight. Management's guidance disappointed investors.
The cybersecurity specialist had a successful fourth quarter. Investors and analysts found its guidance wanting, though.
Zscaler's NASDAQ: ZS 2025 guidance disappointed the market and sparked a heavy round of analyst revisions. The bulk of revisions are negative and put the stock on MarketBeat's list of Most Downgraded names, not a typical position for stocks that are good buys.
The S&P 500 delivered a strong gain in the first half of 2024, but it's currently in the midst of a sell-off. The stock market faces some uncertainty in the short term, led by the upcoming Federal Reserve decision and the U.S. presidential election.
Zscaler (ZS) exceeded fiscal fourth-quarter expectations on both the top and bottom line, but weaker-than-expected fiscal 2025 guidance disappointed investors. Zscaler CEO Jay Chaudhry joins Asking for a Trend to discuss the cloud company's latest earnings print.
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