Zscaler Post-Earnings Sell-Off Is a Buying Opportunity

Zscaler stock fell 32% after its early-2027 guidance missed expectations. Management guided for just 16% to 17% annualized recurring revenue (ARR) growth in 2027, a slowdown from 21% last quarter. The slowdown partly reflects how Red Canary contracts are accounted for; excluding renewals, ARR growth would have been 14%. The article calls the sell-off an incredible buying opportunity for long-term investors.