Mizuho Securities analyst Siti Panigrahi has reiterated their bullish stance on ZM stock, giving a Buy rating on February 25.
Siti Panigrahi has given his Buy rating due to a combination of factors including Zoom Video Communications’ solid financial performance and strategic positioning. The company reported fourth-quarter results that surpassed consensus expectations, with revenue and earnings per share exceeding estimates. This performance was driven by strong enterprise revenue growth and a significant deal in the Contact Center as a Service (CCaaS) market, which positions Zoom well for future market share gains.
Furthermore, the management’s conservative guidance for fiscal year 2026 is seen as de-risked, suggesting potential for positive surprises. The stabilization of the core platform and emerging products, such as AI Companion and Workvivo, are expected to drive mid-single-digit growth. Despite slightly lower-than-expected guidance for fiscal year 2026, the company’s robust free cash flow and enterprise business strength support the optimistic outlook, justifying the maintained price target of $105.
In another report released on February 25, Evercore ISI also maintained a Buy rating on the stock with a $115.00 price target.
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