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Zoom gains after raising outlook on enterprise demand

ReutersAug 22, 2025 8:56 AM

Zoom Communications ZM.O gains 5.6% to $77.29 premarket

Co raises annual revenue, profit forecasts, driven by strong Q2 results, growing demand for hybrid work solutions

J.P.Morgan says raised outlook reflects enterprise strength, easing macro pressures

But remains cautious due to FX and one-time gains, awaiting sustained improvement

Co expects FY26 revenue of $4.83 bln-$4.84 bln, above its earlier projection of $4.80 bln-$4.81 bln

Stock rated "hold" on avg; median PT is $92, per data compiled by LSEG

ZM falls 10.26% this year, as of last close

Reviewed byHuanyao Fang
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