Zoom Boasts 11-Quarter Growth Streak, Raises 2026 Guidance

Benzinga
2025.08.22 17:27
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Zoom Communications reported a 4.7% year-on-year revenue growth, reaching $1.22 billion, marking its strongest growth in 11 quarters. Analysts reacted positively, with price target adjustments: Rosenblatt raised to $110, KeyBanc lowered to $69, RBC maintained at $100, and Wedbush at $95. The company raised its fiscal 2026 guidance for revenue and earnings, driven by enterprise demand and AI adoption. Shares rose 10.45% to $80.82 following the earnings report.