Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
A basket of stocks in the application software space has lost value, as investors fear this category could be disrupted by the rise of AI agents. Even though, I think some of these concerns are warranted for other names, Zoom is not one of them. Despite recent AI product releases, Zoom remains a real-time video conferencing platform. With more agents taking on trivial tasks within enterprises, more time will be allocated to holding meetings.
Zacks.com users have recently been watching Zoom (ZM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Up nearly 50% off 2024 lows, Zoom shares have quietly roared back, with the stock also currently sporting the coveted Zacks Rank #1 (Strong Buy).
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.