Zoom (ZM) August 23 weekly 60 straddle priced into quarter results
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Zoom Video (ZM) PT Lowered to $77 at Baird
August 22, 2024 6:45 AM EDTBaird analyst William Power lowered the price target on Zoom Video (NASDAQ: ZM) to $77.00 (from $84.00) while maintaining a Outperform rating.
The analyst comments "Reiterate Outperform rating. Yesterday ZM reported solid FQ2 results, including modest upside to revenue and profitability. The company also raised full-year... More
Evercore ISI Reiterates In Line Rating on Zoom Video (ZM)
August 22, 2024 5:16 AM EDTEvercore ISI analyst Peter Levine reiterated an In Line rating and $70.00 price target on Zoom Video (NASDAQ: ZM).
The analyst comments "Zoom delivered a very solid quarter, marked by strong operational execution, greater margin leverage and FCF generation, and impressive momentum across their newer product offerings (contact center (CCaaS), phone, and Workvivo). While this quarter doesn't alter our current thesis, the overall results and reported metrics are leading us to lean slightly more constructive here. Commentary would lead us to believe we have reached the trough in terms of churn stabilization... More
Citi Reiterates Neutral Rating on Zoom Video (ZM)
August 22, 2024 4:58 AM EDTCiti analyst Tyler Radke reiterated a Neutral rating and $67.00 price target on Zoom Video (NASDAQ: ZM).
The analyst comments "Against relatively low expectations, Zoom delivered a solid beat and slight raise to annual targets. The guide implies a slight 2H reacceleration in... More
