🔹 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.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.