Zoom Video Communications Inc (NASDAQ:ZM) shares tanked in early trading on Tuesday, after the company reported upbeat third-quarter results.
The company reported its results amid an exciting earnings season. Here are some key analyst takeaways.
Goldman Sachs On Zoom Video Communications
Analyst Kash Rangan maintained a Neutral rating while raising the price target from $72 to $86.
Zoom Video reported "solid" quarterly results, with revenue beating consensus by 1%, operating margin by 90 basis points (bps), and billings growth by 350 bps, Rangan said in a note. The results indicated "stability in the core," with Enterprise revenues growing 6% and the company recording record-low online churn, he added.
The stock lost around 5% in after-hours trading on Monday as the company announced a lower-than-expected upward revision of its fourth-quarter guidance, "undermining confidence in a near-term growth inflection," the analyst stated.
Zoom Videos' AI momentum is highlighted by AI Companion's monthly active users (MAUs) rising 59% versus the previous quarter, "which we believe helps validate Zoom's AI approach and sets a strong foundation for eventual monetization," he further wrote.
Check out other analyst stock ratings.
JPMorgan On Zoom Video Communications
Analyst Mark Murphy reiterated a Neutral rating and price target of $80.
Zoom Video guided to fourth-quarter revenue growth of 2.7%, representing a deceleration from the third quarter's 3.6% growth, Murphy said. Management hinted that revenue growth in fiscal 2026 would be closer to the fourth quarter's 2.7% projection, which is below current Street expectations of 3.3%, he added.
Investors may remain on the sidelines until there is greater visibility into the pace of revenue growth as well as medium-term pro-forma operating and free cash flow margins, the analyst stated. "All else equal, we think the repurchasing of shares sends a supportive signal as to Zoom's view of the underlying business," he further wrote.
ZM Price Action: Shares of Zoom Video Communications declined by 6.91% to $82.95 at the time of publication on Tuesday.
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Photo: Shutterstock
Zoom Video Communications Inc（纳斯达克股票代码：ZM）周二早盘股价暴跌，此前该公司公布了乐观的第三季度业绩。
该公司在令人兴奋的财报季中公布了业绩。以下是一些重要的分析师要点。
高盛谈 Zoom 视频通信
分析师卡什·兰根维持中性评级，同时将目标股价从72美元上调至86美元。
兰根在一份报告中说，Zoom Video公布了 “稳健” 的季度业绩，收入比市场预期高出1％，营业利润率高出90个基点（基点），账单增长350个基点。他补充说，结果表明 “核心市场稳定”，企业收入增长了6％，公司的在线流失率创历史新低。
该分析师表示，该股在周一盘后交易中下跌了约5％，原因是该公司宣布对第四季度指引的向上修订低于预期，“削弱了人们对短期增长转折的信心”。
他进一步写道，AI Companion的月活跃用户（MAU）比上一季度增长了59％，这突显了Zoom Videos的人工智能势头，“我们认为这有助于验证Zoom的人工智能方法，为最终的盈利奠定坚实的基础。”
查看其他分析师股票评级。
摩根大通谈 Zoom 视频通信
分析师马克·墨菲重申了中性评级和80美元的目标股价。
墨菲说，Zoom Video预计第四季度收入增长2.7％，较第三季度的3.6％增长有所减速。他补充说，管理层暗示，2026财年的收入增长将接近第四季度2.7％的预期，低于华尔街目前预期的3.3％。
这位分析师表示，在收入增长步伐以及中期预计运营和自由现金流利润率得到更大了解之前，投资者可能会保持观望。他进一步写道：“在其他条件相同的情况下，我们认为股票回购发出了一个支持性信号，表明了Zoom对标的业务的看法。”
Zm价格走势：周二发布时，Zoom Video Communications的股价下跌了6.91％，至82.95美元。
阅读更多：
• 莱斯利公布了疲软的业绩，加入了Zoom Video和其他在周二盘前交易时段走低的大型股票
照片：Shutterstock
