Zoom Communications, Inc. (ZM) Price Target Lowered to $100 at BTIG

Zoom Communications, Inc. (NASDAQ:ZM) is among the 10 Stocks That Could Skyrocket in 2026.

Zoom Communications, Inc. (ZM) Price Target Lowered to $100 at BTIG

On February 26, BTIG lowered the firm’s price target on Zoom Communications, Inc. (NASDAQ:ZM) to $100 from $105 while maintaining a Buy rating. The firm cited a solid Q4 performance, with accelerating Enterprise revenue growth and guidance that supports the view Zoom can reaccelerate overall growth toward approximately 5% in FY27. Despite the modest reduction in target price, the maintained Buy rating reflects confidence in Zoom’s improving revenue mix and enterprise-focused strategy.

Previously, Zoom Communications, Inc. (NASDAQ:ZM) reported Q4 FY26 revenue of $1.25 billion, representing 5.3% year-over-year growth, or 4.8% in constant currency, exceeding the high end of guidance by $12 million. Full-year FY26 revenue increased 4.4%, marking a 130 basis point acceleration relative to FY25, with FY27 revenue expected to exceed $5.06 billion at the midpoint. FY26 free cash flow rose 6.4% to $1.9 billion, highlighting strong cash generation.

Under its $3.7 billion share repurchase authorization, Zoom Communications, Inc. (NASDAQ:ZM) repurchased 3.8 million shares for approximately $324 million in Q4 and 36.3 million shares for roughly $2.7 billion year-to-date, with management committed to at least offsetting dilution through continued buybacks. The combination of steady revenue acceleration, expanding enterprise traction, and substantial free cash flow supports an improving fundamental outlook and enhances the stock’s risk-reward profile.

Zoom Communications, Inc. (NASDAQ:ZM), founded in 2011 and headquartered in San Jose, California, provides unified communications solutions spanning video meetings, phone, contact center, and collaboration tools for enterprise and consumer customers.

While we acknowledge the potential of ZM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ZM and that has a 100x upside potential, check out our report about the cheapest AI stock.

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