1. Zscaler reports Q2 earnings; EPS expected at 69 cents. 2. Stock down 7.09% YoY, up 5.54% YTD. 3. Current stock price at $192.17 shows bearish momentum. 4. Analysts see 15.59% upside with price target at $221.67. 5. RSI at 43.06 suggests potential buying interest nearing.
The stock currently shows a strong bearish trend and is below key moving averages. Historically, a bearish sentiment before earnings often leads to negative post-earnings reactions.
The article directly discusses Zscaler's upcoming earnings, influencing short-term price dynamics. Analysts' ratings imply potential upside despite current bearish trends.
Earnings reports will have immediate effects on stock price post-release. A poor earnings result may accelerate the bearish trend.