10 Undervalued Tech Stocks Flying Under Wall Street’s Radar

6. Zoom Communications Inc. (NASDAQ:ZM)

Analyst Upside Potential as of June 28: 14.12%

Forward P/E: 13.82

Number of Hedge Fund Holders: 49

Zoom Communications Inc. (NASDAQ:ZM) is one of the 10 undervalued tech stocks flying under Wall Street’s radar. On June 11, Zoom Communications, Inc. (NASDAQ: ZM) announced the expansion of its Zoom Phone service to four major telecom circles in India—Mumbai, Delhi NCR, Karnataka, and Andhra Pradesh & Telangana—bringing its coverage to six regions in total. Licensed by India’s Department of Telecommunications, Zoom Phone is part of the company’s strategy to offer AI-driven, cloud-based telephony in the country’s top business hubs.

The service, integrated with Zoom Workplace and Zoom Contact Center, supports PSTN calling and includes AI features like post-call summaries and voicemail prioritization. Businesses can also acquire local numbers across supported regions, maintaining seamless communication even in areas where Zoom Phone isn’t directly available. This rollout marks a significant step in Zoom’s effort to support India’s transition from legacy PBX systems to flexible, modern collaboration platforms.

Zoom Communications Inc. (NASDAQ:ZM) is a communications technology company. It provides a cloud-based platform for video meetings, team chat, VoIP phone services, webinars, and collaboration tools like whiteboards and scheduling. Its key offerings include Zoom Meetings, Zoom Phone, Zoom Rooms, and Zoom Contact Center.