In the latest trading session, Zoom Communications (ZM) closed at $81.91, marking a +2.37% move from the previous day.
Zoom Communications (ZM) closed at $79.17 in the latest trading session, marking a -1.38% move from the prior day.
Zoom Communications (ZM) reached $79.48 at the closing of the latest trading day, reflecting a -1.91% change compared to its last close.
Zoom Communications (ZM) concluded the recent trading session at $81.28, signifying a -1.48% move from its prior day's close.
Zoom Communications (ZM) closed the most recent trading day at $82.5, moving 1.32% from the previous trading session.
Zoom Communications is upgraded to a buy, reflecting improved fundamentals and accelerating growth in core and new business segments. Enterprise revenue growth has reaccelerated, online business has stabilized, and new products like Phone, ZCC, and AI are scaling faster than expected. ZM's valuation is now more reasonable versus peers, with consensus underestimating growth potential from enterprise, AI monetization, and cross-selling.
Zoom remains a compelling value stock, boasting a pristine balance sheet, strong GAAP profitability, and accelerating share repurchases. Despite macro uncertainty and generative AI headwinds, Zoom's low valuation and margin of safety support my continued buy rating. Management is prudently guiding expectations, focusing on cost optimization and margin expansion while navigating competition from Microsoft and Google.
From mid-teens ARR growth to global Cisco displacements, Zoom Phone is dialing up ZM's enterprise ambitions.
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Explore Zoom's (ZM) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.
ZM posts Q2 earnings and revenue beats, driven by enterprise strength and higher big-spending customer growth.