On Oct 11, major Wall Street analysts update their ratings for $Zoom Video Communications (ZM.US)$, with price targets ranging from $70 to $90.
BofA Securities analyst Michael Funk maintains with a hold rating, and maintains the target price at $75.
Jefferies analyst Samad Samana maintains with a hold rating, and maintains the target price at $70.
Mizuho Securities analyst Siti Panigrahi maintains with a buy rating, and sets the target price at $90.
Baird analyst William Power maintains with a buy rating, and adjusts the target price from $84 to $77.
Needham analyst Ryan Koontz maintains with a hold rating.
Furthermore, according to the comprehensive report, the opinions of $Zoom Video Communications (ZM.US)$'s main analysts recently are as follows:
Following Zoomtopia, observations were made of a range of AI product demonstrations and insights were gained from the company's analyst session. The introduction of Zoom AI Companion 2.0 was a significant moment, enhancing its capabilities from merely an 'assistant' to a combination of 'assistant + agent.' These AI advancements are considered to be among the best within the coverage group, and the recent announcements regarding paid AI products for the Zoom Workplace are seen as a strategic move to convert robust product development into increased revenue growth. However, considering the competitive landscape and ongoing retention challenges, the company is still perceived as needing to demonstrate its success.
Here are the latest investment ratings and price targets for $Zoom Video Communications (ZM.US)$ from 10 analysts:
Note:
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