Reported about 2 months ago
After reporting Q2 earnings that exceeded analysts' expectations with a 13% stock surge, analysts revised Zoom's price targets, with Wells Fargo increasing it to $60 and BofA decreasing it to $75. CEO Eric Yuan highlighted the success of Zoom's AI Companion in enhancing user experience and the company’s strategic efforts to expand its AI capabilities. Despite analysts' mixed views on future growth potential, Zoom raised its full-year revenue outlook.
Source: YAHOO