"Zscaler has not missed an earnings estimate since early 2023. Last quarter, the company delivered $0.89 per share against a consensus of $0.80, marking its eighth consecutive beat. Revenue grew 21% year over year to $719 million, and management's tone on the call suggested confidence in demand durability across both enterprise and federal verticals. Since that report, shares have given back most of their post-earnings gains. The stock hit $336 on November 3, then dropped sharply through mid-month."
"The selloff does not appear tied to company-specific news. Insiders executed coordinated sales in September and October, with Chief Legal Officer Robert Schlossman disposing of over 10,000 shares at prices ranging from $303 to $325. On September 16, five executives including CEO Jay Chaudhry sold a combined 34,132 shares at an identical price of $280.70, suggesting pre-planned trading activity rather than opportunistic exits."
Zscaler reports fiscal Q2 2026 results after the bell following an eight-quarter streak of beating estimates by an average of 24%. Last quarter delivered $0.89 per share versus a $0.80 consensus and revenue grew 21% year over year to $719 million. The stock peaked at $336 in early November then fell to about $280, trading below its 50-day moving average but above the 200-day line. Insiders executed coordinated sales in September and October. Last year's Q2 posted a $0.08 loss, focusing attention on sequential momentum, sustaining 20%+ revenue growth, and margin expansion—gross margin was 76% and operating margin was negative 4.5%.
Read at 24/7 Wall St.
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