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Zscaler CEO drools over Mythos tailwind, but Jason's and ...
The Stack · 2026-05-27 · via The Stack

Zscaler

Shares slump 21% amid flat outlook

The Stack

 -  3 min read

Zscaler CEO drools over Mythos tailwind, but Jason's and Joe's departures spook markets
Zscaler CEO Jay Chaudry. Credit: Zscaler

Zscaler has hit ARR of $3.5 billion and expects, in the words of CEO Jay Chaudhry, for “Mythos-like frontier models to be one of the strongest tailwinds our business has ever seen.” So why did its shares just crater 21%?

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