Why Zscaler Stock Plummeted This Week
(NASDAQ: ZS) stock crashed this week after the company published results for the third quarter of its 2026 fiscal year -- which ended April 30. The cybersecurity specialist's share price moved 18.3% lower compared to where it stood at the end of the previous week's trading. Meanwhile, the S 500 rose 1.8%, and the Nasdaq Composite was up 2.6%.
Zscaler released its fiscal Q3 report on May 26, and the stock got hit with big sell-offs despite sales and earnings for the period coming in ahead of the average Wall Street analyst estimates. The company's share price is now down roughly 49% over the last year.
Image source: Getty Images.
Source Fool.com
Zscaler Inc Aktie
142,52 €
1,04 %
Die Community ist sich einig: Zscaler Inc nur mit Buy-Einschätzungen, keine Sell-Einschätzungen.
Eine erhebliche Steigerung um mehr als 50% ist für Zscaler Inc mit einem Kursziel von 235 € im Vergleich zum aktuellen Kurs von 142.52 € zu erwarten.
