Zscaler: Sharp Slowdown In Billings Raises Concerns About Growth Outlook
Zscaler experienced an 18% selloff due to weaker-than-expected earnings guidance, indicating a YoY decline in non-GAAP EPS for FY2025. Despite exceeding revenue forecasts, ZS's revenue growth outlook signals a significant slowdown in billings and bookings in 1H FY2025, raising concerns about future growth trajectory. Deteriorating customer engagement, evidenced by a declining dollar-based net retention rate and slowing current remaining performance obligation growth, highlights intensified competition impacting ZS's growth outlook.
Why Zscaler Stock Was Sliding This Week
The cybersecurity specialist had a successful fourth quarter. Investors and analysts found its guidance wanting, though.
Zscaler: A Heavily Downgraded Stock With Big Upside Potential
Zscaler's NASDAQ: ZS 2025 guidance disappointed the market and sparked a heavy round of analyst revisions. The bulk of revisions are negative and put the stock on MarketBeat's list of Most Downgraded names, not a typical position for stocks that are good buys.
1 Magnificent Stock Down 57% to Buy During the September S&P 500 Sell-Off
The S&P 500 delivered a strong gain in the first half of 2024, but it's currently in the midst of a sell-off. The stock market faces some uncertainty in the short term, led by the upcoming Federal Reserve decision and the U.S. presidential election.
Zscaler, Inc. (ZS) Citi Global TMT Conference Transcript
Zscaler, Inc. (NASDAQ:ZS ) Citi Global TMT Conference September 5, 2024 11:40 AM ET Company Participants Jay Chaudhry – Chief Executive Officer and Founder Remo Canessa – Chief Financial Officer Conference Call Participants Fatima Boolani – Citi Fatima Boolani Everybody, Fatima Boolani here. I jointly run their software research team here at Citi.
Stock Of The Day: Is The Zscaler Meltdown Over?
Markets are driven by emotions and psychology. They are what makes patterns form on charts.
Zscaler Plunges 19% on Dim Profit Outlook: How to Play the Stock?
Despite ZS stock's 19% drop, the company's leadership in cloud security and strong growth potential make it worth retaining.
Why Zscaler Stock Crashed by More Than 17% Today
Zscaler delivered beats on the top and bottom lines Tuesday afternoon. Sales growth remained strong, but management forecast a growth slowdown in its fiscal 2025.
Zscaler Delivers Upbeat Q4 Guidance: 7 Analysts Cut Forecasts On 'Incremental Risk'
Shares of Zscaler Inc ZS tanked in early trading on Wednesday, even after the company reported upbeat fiscal fourth-quarter results.
ZS Q4 Earnings Beat: Will Weak FY25 Guidance Drag Down Shares?
Zscaler's fiscal fourth-quarter performance reflects increased success in selling bigger bundles and strong customer traction for the Zero Trust Exchange platform.
Zscaler: Weak Guidance, But Not All Doom And Gloom
Zscaler published Q4 results yesterday after market hours, and the stock is down by 15-18% in pre-market today. Billings growth in H1 could be weak, but investors should take note of the back-ended effect from contracted, non-cancellable billings. Gross margins may drop due to a focus on emerging products, and FCF margins could decline as CAPEX commitments increase, though the overall cash position still remains strong.
Why Are Shares of Zscaler Crashing After Earnings?
Despite a double beat, Zscaler stock crashed 16% after reporting earnings.
