ZScaler Plunges as Analyst Cuts Target Price After Weak Guidance [TheStreet.com]
Zscaler, Inc. (ZS)
Last zscaler, inc. earnings: 2/20 04:05 pm
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Source: TheStreet.com
ZScaler Plunges as Analyst Cuts Target Price After Weak Guidance Shares of cloud-based internet security company ZScaler ( Get Report Shares of ZScaler fell sharply in after-hours trading posted ZScaler said it now expects to post adjusted earnings of between 12 cents and 15 cents a share for the fiscal year ending July 31, 2020, on revenue of between $395 million and $405 million. Analysts had been looking for adjusted earnings of 19 cents a share on revenue of $403 million. Check out this whitepaper to learn why moving to the cloud calls for #zerotrust https:t.corKMwLjdSQP pic.twitter.comnXyzwcRjI1 September 5, 2019 That prompted research analysts at Wedbush to lower their price target to $80 from $90, though the brokerage kept its outperform rating on the company's stock. Shares of ZScaler were down nearly 22%, or $13.31 a share, at $48.29 in trading on the Nasdaq Stock Market. The stock has traded in a 52-week range of between $89.54 and $30.72.
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News
- Nokia Turns to Zscaler to Modernize Security Architecture and Accelerate Cloud Transformation Initiatives [Yahoo! Finance]Yahoo! Finance
- Nokia Turns to Zscaler to Modernize Security Architecture and Accelerate Cloud Transformation InitiativesGlobeNewswire
- Is Zscaler (ZS) a Buy as Wall Street Analysts Look Optimistic? [Yahoo! Finance]Yahoo! Finance
- Got $5,000? 3 Tech Stocks to Buy and Hold for the Long Term. [Yahoo! Finance]Yahoo! Finance
- Cognizant and Zscaler Expand Partnership to Accelerate Adoption of AI-enabled Zero Trust Security [Yahoo! Finance]Yahoo! Finance
ZS
Earnings
- 12/2/24 - Beat
ZS
Sec Filings
- 12/19/24 - Form 4
- 12/19/24 - Form 4
- 12/19/24 - Form 4
- ZS's page on the SEC website