On Nov 27, major Wall Street analysts update their ratings for $Zoom Communications (ZM.US)$, with price targets ranging from $70 to $115.
Barclays analyst Ryan MacWilliams maintains with a hold rating, and adjusts the target price from $70 to $85.
UBS analyst Karl Keirstead maintains with a hold rating, and adjusts the target price from $100 to $90.
Wells Fargo analyst Michael Turrin maintains with a sell rating, and maintains the target price at $70.
Evercore analyst Peter Levine upgrades to a buy rating, and adjusts the target price from $70 to $115.
Mizuho Securities analyst Siti Panigrahi maintains with a buy rating, and adjusts the target price from $90 to $105.
Furthermore, according to the comprehensive report, the opinions of $Zoom Communications (ZM.US)$'s main analysts recently are as follows:
Investors are more confident that Zoom Communications has found stabilization within its core business, although there remains a desire for a stronger revenue or operational margin improvement in Q3.
Zoom Communications has indicated an emphasis on speeding up growth, yet it remains uncertain if the Q3 results will instill confidence in a significant acceleration for fiscal year 2026. The projection of a 3% revenue growth for Q4, and the mention of this figure as an initial 'placeholder' for FY26 growth projections, may not support arguments for a substantial growth pivot, despite a cautious stance from the company.
Zoom Communications' recent Q3 report was noted for its predictability, continuing to focus on expanding the platform to boost customer value and engagement, which remains a critical strategic priority. This strategy aims to facilitate re-accelerated growth, supported by stability in the Online segment and enhanced Enterprise upsell opportunities.
After Q3 results surpassed expectations, Zoom Video's forward outlook included Q4 revenue expectations slightly above consensus. Initial guidance for FY26 showing a 2.7% revenue growth falls below broader market expectations of 3.2%. This conservative projection could potentially set a baseline for the performance expected of the new CFO.
Zoom Communications reported strong Q3 results, continuing to deliver "best-in-class" profitability and cash flow as the management drives towards revenue reacceleration. It is expected that the company will return to mid-single-digit growth due to stabilization in the core platform and growth impetus from emerging products.
Here are the latest investment ratings and price targets for $Zoom Communications (ZM.US)$ from 13 analysts:
Note:
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