Zoom Video Communications Inc

NASDAQ:ZMUnited States

07:13 AM EST, 11/13/2024 (MT Newswires) -- Zoom Video Communications (ZM) has an average investment rating of outperform among analysts polled by Capital IQ, with price targets ranging from $60 to $95. (MT Newswires covers equity, commodity and econ...

1438 ET - There seems to be incremental investor optimism around software companies that have developed Agentic AI solutions in the software space, JPMorgan analysts say in a research note as they pick Salesforce as an example. The backdrop remains complex, as there continues to be massive AI investments despite questions regarding monetization potential. However, the market should watch closely players that have been beaten down, or pandemic pull-forward names such as ZoomInfo, Zoom Video, DocuSign, and Twilio. "We're mulling the idea that some of these stocks have washed-out valuations and are approaching the phase where it might be more possible to show growth rates stabilizing or picking up," the analysts say. "They've been in the process of righting the ship for longer than the names that have fared better and experienced share appreciation." (sabela.ojea@wsj.com; @sabelaojeaguix)

SAN JOSE, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) today announced it will release its financial results for the third quarter of fiscal year 2025 on Monday, November 25, 2024, after the market closes.