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