Zoom edges higher as UBS initiates coverage with "neutral" rating

Zoom Communications

20/10/2025 15:37

** Zoom Communications ZM.O shares rise 1.9% to $81.5

** UBS initiates coverage of stock, rates it "neutral," sets stock PT at $85, representing a 6.2% upside to ZM's last close

** "While new products like Phone, Contact Center, and Virtual Agent are driving the majority of Zoom's growth, they aren't yet generating enough revenue to materially accelerate Zoom's almost $5b top line" - Brokerage

** Average rating of 31 analysts is "buy", their median PT is $94.21 - data compiled by LSEG

** Up to last close, stock has fallen 2% this year

 (Reporting by Anhata Rooprai in Bengaluru)

 ((Anhata.Rooprai@thomsonreuters.com))