HSBC Raises its Price Target on Zoom (ZM)

On June 2, 2026, HSBC raised the firm's terms people connected Zoom Communications, Inc. (NASDAQ:ZM) to $133 from $107 antecedently and maintained a Buy standing connected the shares.

On June 1, 2026, Zoom Communications, Inc. (NASDAQ:ZM) announced the motorboat of ZoomMate, an agentic AI enactment aboveground designed to assistance radical determination from workplace conversations to execution. The institution said ZoomMate builds connected its strategy of enactment imaginativeness announced successful March and connects unrecorded conversational discourse to agentic search, workflow execution, customized agents, and AI contented creation. On May 26, Citi expert Tyler Radke raised the firm's terms people connected Zoom Communications to $126 from $122 and maintained a Buy rating, saying the company's Q1 study was strong.

On May 21, 2026, Zoom Communications, Inc. (NASDAQ:ZM) reported Q1 EPS of $1.55, compared with statement of $1.42, and gross of $1.24B, compared with statement of $1.22B. The institution besides reported an online mean monthly churn of 3.0% for Q1. CEO Eric Yuan said gross roseate 5.5% year-over-year and exceeded the precocious extremity of guidance, portion AI Companion paid users grew 184% year-over-year, and My Notes reached 1.5 cardinal licensed users wrong 4 months of launch.

Zoom Communications, Inc. (NASDAQ:ZM) provides an AI-first unfastened enactment level for quality transportation crossed the Americas, Asia Pacific, Europe, the Middle East, and Africa.

While we admit the imaginable of ZM arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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