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benzinga Corporate Catalyst Impact 95/100 ● positive

Zscaler's Last Guidance Sank the Stock 32% — Investors Are Watching for a Repeat Today

Sep 3, 2026, 11:22 AM UTC · Primary ticker $ZS

Zscaler is reporting Q4 fiscal 2026 earnings today, with investors keenly focused on the company's fiscal 2027 guidance. A previous weak outlook caused a significant stock plunge, making the new guidance a critical determinant of future stock performance.

Zscaler is set to report its Q4 fiscal 2026 earnings, but the primary focus for investors is the upcoming fiscal 2027 guidance. The company's previous guidance for FY27, which projected lower-than-expected revenue and ARR growth, led to a 31.52% single-day stock drop in May. This filing highlights the critical importance of whether the new guidance confirms or improves upon those prior figures, directly impacting investor sentiment and the stock's short-term trajectory. Annual recurring revenue trends and commentary on AI infrastructure capital expenditures will also be closely watched for signals on margin trajectory. The stock is currently trading higher in anticipation, but the guidance remains a significant risk or opportunity.

$ZS neutral Earnings and critical FY27 guidance pending
Source: benzinga
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Not financial advice. AI-generated analysis for informational purposes only.