Zscaler is trading at $160.87 (-5.26%) after investors continued reacting negatively to fiscal 2027 revenue growth guidance of roughly 16.6%–17.5%, versus approximately 25% in fiscal 2026.
- Fourth-quarter earnings beat was overshadowed by slower forward growth expectations
- Revenue outlook was stronger than expected
- Broader markets are weaker, but the decline is primarily an earnings-outlook reaction