Zoom Communications Inc. (NASDAQ: ZM) receives a Buy rating as Rosenblatt raises price target to $110 due to strong revenue growth driven by enterprise demand and AI adoption. The firm also raised fiscal 2026 guidance, highlighting growth visibility and opportunities for AI monetization.
Enterprise revenues have grown with successful expansion into large accounts, offering growth visibility, share repurchases, and AI monetization opportunities. Management raised full-year FY26 guidance across revenue, PF EPS, and free cash flow, with a strong cash balance and expanding opportunities, leading to a reiteration of Buy rating and $110 price target.
Zoom Video Communications, Inc. (NASDAQ: ZM) is a communications technology company. While ZM shows investment potential, other AI stocks may offer greater upside potential and less downside risk. For an undervalued AI stock benefiting from tariffs and onshoring trend, see the free report on the best short-term AI stock.
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Read more at Yahoo Finance: Zoom (ZM) Earns Buy Rating as Rosenblatt Lifts Price Target to $110 on AI Momentum
