Zscaler (ZS) Stock After the Earnings Beat: November Sell-Off, Analyst Downgrades and 2026 Outlook
Zscaler Inc. just delivered one of its strongest financial quarters ever — and then watched its share price get hammered.

Zscaler Inc. heads into the first trading day of December under heavy scrutiny. After delivering another earnings beat but a controversial guidance “raise,” the cloud‑security leader has seen its stock punished throughout late November, with fresh analyst target cuts, institutional selling and bearish quant signals all landing between November 28–30.
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