Zoom Video Communications, the Technology sector company, was revisited by a Wall Street analyst today. Analyst Joshua Reilly from Needham maintained a Buy rating on the stock and has a $100.00 price target.
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Joshua Reilly has given his Buy rating due to a combination of factors tied to Zoom’s evolving AI strategy and market position. After meetings at Enterprise Connect, he came away confident that Zoom’s new approach to monetizing its AI roadmap, particularly through Custom AI Companion 3.0 with third‑party integrations, can unlock stronger demand as more Online customers gain access.
He also believes that investors are underestimating the durability and potential reacceleration of Zoom’s revenue growth as the company begins to reap returns from years of R&D in products like CAIC 3.0 and ZVA 3.0. In his view, the recent share price pullback following guidance for lower free cash flow in FY27 creates an attractive buying opportunity for long‑term investors.
In another report released on February 27, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $89.00 price target.