Zoom Communications (ZM) News Today

Zoom Communications, Inc. (NASDAQ:ZM) shares climbed today after the company reported stronger-than-expected Q2 results, raised its full-year FY26 guidance on robust enterprise demand and AI integration, and saw multiple analysts lift their price targets. Mixed views on valuation and macro headwinds have led some firms to reaffirm neutral or downgrade ratings, keeping sentiment balanced.

• Positive Sentiment: Zoom’s Q2 revenue grew 4.7% year-over-year to $1.22 billion, topping estimates, and management raised FY26 revenue and EPS guidance on strong hybrid-work and AI tool adoption. Reuters: Zoom lifts forecasts on AI demand
• Positive Sentiment: Shares of ZM jumped over 10% following the beat-and-raise report and continued enterprise growth driven by new AI-powered features. Invezz: Zoom shares surge after earnings
• Positive Sentiment: Rosenblatt Securities raised its price target from $100 to $110 and reiterated a buy rating, citing strong AI-driven upsell to enterprise clients. Benzinga: Rosenblatt raises target
• Positive Sentiment: Royal Bank of Canada lifted its target to $100 (outperform), pointing to sustained demand for Zoom’s AI enhancements. Benzinga: RBC raises target
• Neutral Sentiment: Piper Sandler reaffirmed its neutral rating with an $85 price target, noting much of the Q2 beat-and-raise may already be reflected in today’s share move. Benzinga: Piper Sandler neutral rating
• Neutral Sentiment: JMP Securities kept a market-perform rating on ZM, suggesting limited incremental catalysts after the strong results. Benzinga: JMP Securities rating
• Neutral Sentiment: Barron’s highlighted mixed analyst views on Zoom’s FY26 outlook, balancing AI-led acceleration against broader economic headwinds. Barron's: Mixed Wall Street views
• Negative Sentiment: Seeking Alpha warned of upticks in customer churn and a challenging macro environment, recommending profit-taking despite the positive beat. Seeking Alpha: Sell the gain
• Negative Sentiment: KeyCorp cut its price target from $73 to $69 (underweight), citing valuation concerns and limited upside after the recent rally. Benzinga: KeyCorp cuts target
• Negative Sentiment: Stifel Nicolaus lowered its target to $80 and placed a hold rating on ZM, reflecting uncertainty over sustained growth post-AI rollout. Benzinga: Stifel Nicolaus hold rating