From Yahoo Finance: 2025-05-24 08:00:00

Benchmark analyst Matthew Harrigan reiterated a Buy rating for Zoom Communications Inc. (NASDAQ: ZM) and raised the price target to $102 after the company increased its revenue forecast by $15 million and exceeded first-quarter guidance.

Zoom’s revenue beat expectations by $8 million, with a potential $10-15 million benefit from higher rates for monthly Pro customers. CEO Eric Yuan used a lifelike avatar during the earnings call to emphasize security and privacy, showcasing the company’s tech capabilities and AI integration plans.

While Zoom shows growth potential, some AI stocks may offer higher returns with limited downside risk. For more promising AI stocks, consider alternatives with 100x upside potential beyond ZM. No disclosure provided in the report.



Read more at Yahoo Finance: Benchmark Raises Zoom Communications (ZM) Price Target to $102 After Q1 Report