🔴 Zscaler is trading 4.37% down in pre-market after cautious FY2027 revenue guidance

Zscaler is trading at $170.04 (-4.37%) in pre-market as investors react to fiscal 2027 revenue guidance implying approximately 16.6%–17.5% growth.

• Guidance signals a notable slowdown from fiscal 2026’s 25% growth.
• Management announced a 3% workforce reduction to redirect resources toward AI and strategic initiatives.
• Despite strong fourth-quarter revenue of $898.2 million, investors appear focused on decelerating growth and restructuring uncertainty; broader software sentiment is positive, making company-specific guidance the dominant explanation.