Zoom Communications (ZM) Soars 12.7% on Strong Earnings, Outlook

We recently published 10 Stocks With Eye-Popping Gains Amid Wall Street Cheer. Zoom Communications Inc. (NASDAQ:ZM) is one of the top performers on Friday.

Zoom Communications surged by 12.71 percent on Friday to finish at $82.47 apiece as investors cheered its strong earnings performance and higher growth outlook for the full fiscal year of 2026.

In an updated report on Friday, Zoom Communications Inc. (NASDAQ:ZM) said net income in the second quarter of fiscal year 2026 grew by 63 percent to $358 million from $219 million in the same period last year. Revenues grew by 3.4 percent to $1.2 billion from $1.16 billion, primarily driven by higher revenues from both enterprise and online segments, growing 7 percent and 1.4 percent, respectively, year-on-year.

In the first half, net income increased by 40.9 percent to $613 million from $435 million, while revenues inched up by 3.9 percent to $2.39 billion from $2.3 billion.

Encouraged by the strong results, Zoom Communications Inc. (NASDAQ:ZM) raised its growth outlook for the full fiscal 2026 period, with total revenues now targeted at $4.825 billion and $4.835 billion, compared with the previous outlook of $4.8 billion to $4.81 billion.