The Portnoy Law Firm has announced a class action lawsuit on behalf of Zoetis investors who purchased securities between January 14, 2025 and May 6, 2026. The lawsuit follows Zoetis' first-quarter 2026 financial results reported on May 7, 2026, which revealed net income of $601 million, flat year over year, and a cut in full-year profit guidance to between $6.85 and $7 per share, down from prior guidance of $7.00 to $7.10 per share. CEO Kristin Peck attributed the challenges to increased price sensitivity among pet owners, leading to a decline in veterinary visits and softer demand. On the news, Zoetis' stock price fell $23.91 per share, or 21.5%, to close at $87.31 per share. Investors have until July 27, 2026 to file a lead plaintiff motion.
Zoetis IncZoetis cut profit guidance due to increased price sensitivity among pet owners, leading to a decline in veterinary visits and softer demand.