Zscaler stock rises as company reaffirms fiscal 2027 guidance

Zscaler Inc. shares experienced a 2.2% increase in premarket trading on Tuesday following the cybersecurity firm's reaffirmation of its revenue and earnings guidance for fiscal 2027. The company held firm to its full-year revenue projection of $3.91 billion to $3.94 billion, aligning with the Bloomberg consensus estimate of $3.93 billion.

Similarly, Zscaler maintained its adjusted earnings per share guidance of $4.86 to $4.90, closely matching the consensus estimate of $4.89. For the first quarter, the company reiterated its revenue outlook of $935 million to $939 million, identical to the estimated $938 million. Additionally, Zscaler reaffirmed its adjusted EPS guidance of $1.15 to $1.16, staying consistent with the $1.16 consensus estimate.

The guidance reaffirmation took place during the company's Investor Day, where Zscaler executives detailed their strategic approach, platform advancements, go-to-market priorities, and long-term growth catalysts.