Zoom (ZM) – Is There Upside Ahead?🔹 Analyst Expectations:
- Low Target: $75.00 (current price)
- Average Target: $91.64
- High Target: $115.00
🔹 Fundamental View:
- Zoom posted stronger-than-expected earnings, but the stock pulled back due to cautious revenue guidance.
- Financial health remains solid, and long-term demand for remote communication tools is stable.
- Analysts see potential upside, but the stock needs to regain momentum.
🔹 Technical Setup:
- Zoom is trading near strong support at ~$75.
- A break above $88-$92 could trigger more upside toward analyst targets.
- If support holds, there’s room for a 17-21% move up in the coming months.
💡 My personal target for Zoom is $88.50 which is the previous high, right before the earnings report, which as mentioned above, was positive! This represents a 17% growth opportunity in the short term.