Zscaler slips, analysts note cautious outlook
04/09/2026 12:04
BUZZ-Zscaler slips, analysts note cautious outlook ** Shares of cloud security company Zscaler ZS.O fall 3.3% to $171.93 premarket
** Stock has rallied 55% from the low hit in April
** Company sees FY27 revenue at $3.91 bln to $3.94 bln
** TD Cowen expects Zscaler's FY27 revenue growth to slow to 17.5% from 25% in FY26
** ZS outlook reflects caution around changes in its sales leadership, Jefferies says in a note
** 38 of 49 brokerages rate the stock "buy" or higher, and 11 "hold"; median PT is $210 - LSEG data
** As of last close, shares down 21% YTD
(Reporting by Darshan Kumar in Bengaluru)