On Oct 10, major Wall Street analysts update their ratings for $Zoom Video Communications (ZM.US)$, with price targets ranging from $60 to $95.
Goldman Sachs analyst Kash Rangan maintains with a hold rating, and maintains the target price at $72.
J.P. Morgan analyst Mark Murphy maintains with a hold rating, and maintains the target price at $80.
Wells Fargo analyst Michael Turrin maintains with a sell rating, and maintains the target price at $60.
Jefferies analyst Samad Samana maintains with a hold rating, and maintains the target price at $70.
Stifel analyst J. Parker Lane maintains with a hold rating, and adjusts the target price from $65 to $70.
Furthermore, according to the comprehensive report, the opinions of $Zoom Video Communications (ZM.US)$'s main analysts recently are as follows:
Following the attendance at Zoomtopia and observing a series of AI product demonstrations, along with the company's analyst session, there is an acknowledgement of the announcement of Zoom AI Companion 2.0 as a significant highlight. This evolution is seen as enhancing the Companion from merely an 'assistant' to an 'assistant plus agent'. The advancements in AI by Zoom are considered to be among the best in the coverage group. The recent announcements regarding the paid AI SKUs within Zoom Workplace are believed to better equip the company for a boost in top-line growth. Despite this, the competitive landscape and ongoing challenges in customer retention suggest that Zoom is still in a phase where it needs to demonstrate its capabilities.
Here are the latest investment ratings and price targets for $Zoom Video Communications (ZM.US)$ from 10 analysts:
Note:
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