Zoom Communications (ZM) News Today

Zoom Communications, Inc. (NASDAQ:ZM) shares are trading lower today, weighed down by mixed analyst actions despite signs of bullish positioning in the options market. Below is a breakdown of recent developments that may influence investor sentiment:

• Positive Sentiment: Unusual options activity—traders bought 20,918 ZM call contracts, a 45% jump over the 14,407‐contract average—indicating increased bullish interest in the stock.
• Positive Sentiment: Citigroup lifted its price target from $84.00 to $85.00 (neutral rating), signaling modest upside potential. Benzinga
• Positive Sentiment: American Banking News reports a price target raise to $100.00. Price Target Raised to $100.00
• Positive Sentiment: American Banking News also cites a separate boost of the price target to $110.00. Price Target Raised to $110.00
• Positive Sentiment: Royal Bank of Canada increased its objective to $100.00 and reaffirmed an “outperform” rating. RBC Raises Target to $100.00
• Positive Sentiment: Needham & Company LLC reiterated its buy rating with a $100.00 target price. Buy Rating Reiterated at Needham
• Positive Sentiment: Rosenblatt Securities raised its objective to $110.00 and maintained a buy rating. Price Expected to Rise, Rosenblatt Says
• Positive Sentiment: Wedbush granted an “outperform” rating with a $95.00 target. Earns Outperform Rating from Wedbush
• Positive Sentiment: Shares gapped up after an analyst upgrade earlier in the session. Shares Gap Up Following Analyst Upgrade
• Neutral Sentiment: Zacks highlights ZM as a “strong growth stock” based on its Style Scores. Here’s Why ZM Is a Strong Growth Stock
• Neutral Sentiment: Zacks examines Zoom’s international revenue trends and their impact on forecasts. International Revenue Performance Explored
• Neutral Sentiment: JMP Securities reaffirmed its “market perform” rating on ZM. Market Perform Rating Reaffirmed
• Neutral Sentiment: Piper Sandler maintained a neutral rating on Zoom. Piper Sandler Reaffirms Neutral Rating
• Negative Sentiment: KeyCorp cut its price target to $69.00 and assigned an “underweight” rating. KeyCorp Lowers Price Target to $69.00
• Negative Sentiment: Robert W. Baird cut its objective to $95.00 in a bearish revision. Baird Cuts Target to $95.00
• Negative Sentiment: Stifel Nicolaus lowered its price target to $80.00 and kept a hold rating. Cuts Target to $80.00
• Negative Sentiment: Zacks Research downgraded the stock from “strong-buy” to “hold.” Rating Lowered to Hold