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Zoom Video Communications Inc. stock reached a notable milestone, hitting a 52-week high at 88.93 USD, just shy of its actual 52-week peak of 92.8 USD according to InvestingPro data. This achievement reflects a positive trajectory over the past year, with the stock experiencing a 1-year change of 6.41%. The increase underscores investor confidence in the company’s ability to sustain growth and adapt to the evolving demand for virtual communication solutions. With an impressive gross profit margin of 76.38% and a P/E ratio of 23.37, Zoom demonstrates strong operational efficiency. InvestingPro analysis suggests the stock is currently undervalued compared to its Fair Value. As Zoom continues to innovate and expand its offerings, the stock’s recent performance highlights its resilience and potential in the competitive tech landscape. InvestingPro rates Zoom’s overall financial health as "GREAT" with a score of 3.18, noting that the company holds more cash than debt on its balance sheet. Discover more insights in Zoom’s comprehensive Pro Research Report, one of 1,400+ deep-dive analyses available to subscribers.
In other recent news, Zoom Video’s quarterly earnings report exceeded expectations, showcasing notable revenue growth of 4.4% year-over-year. The company’s Enterprise segment saw a 6% increase, surpassing projections. Following these results, UBS maintained its Neutral rating with a price target of $85, while Cantor Fitzgerald also reiterated its Neutral stance, setting a target at $87. Benchmark, on the other hand, reaffirmed its Buy rating and maintained a $110 target, highlighting Zoom’s strong performance and increased guidance for fiscal 2026. Needham also upheld its Buy rating with a $100 price target, noting the company’s revenue beat and higher-than-expected earnings per share. Bernstein raised its price target to $90, citing stabilizing churn and consistent earnings beats. Zoom’s growth was driven by its AI-powered offerings, including Customer Experience, Phone, and AI Companion features, which contributed to the strength in both Enterprise and Online revenue segments. These developments indicate a positive trajectory for Zoom Video as it continues to navigate the market landscape.
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