Robert W. Baird analyst William Power has maintained their bullish stance on ZM stock, giving a Buy rating today.
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William Power has given his Buy rating due to a combination of factors including Zoom Video Communications’ strong financial performance and strategic growth initiatives. The company reported impressive first-quarter results, surpassing revenue and earnings expectations, primarily driven by its enterprise segment. This solid performance is further supported by robust free cash flow figures, which exceeded projections.
Additionally, Zoom has raised its revenue guidance for fiscal 2026, indicating confidence in its future growth prospects. The increase is largely attributed to a price hike in the online segment, despite some challenges in the enterprise sector. The company’s focus on expanding its customer experience and AI capabilities, along with a strong performance in newer product lines, also contributes to the positive outlook. These factors, combined with a significant stock buyback program and a strong cash position, underpin Power’s Buy rating for Zoom.
In another report released today, Mizuho Securities also reiterated a Buy rating on the stock with a $95.00 price target.