Zoom Communications, Inc. (ZM) Sees $88 Target as FY26 Pricing Tailwinds Emerge

Zoom Communications, Inc. (NASDAQ:ZM) is among the 11 Best Low Priced Growth Stocks to Buy Right Now.

On February 26, Bernstein lowered its price target on Zoom Communications, Inc. (NASDAQ:ZM) to $88 from $90 and maintained a Market Perform rating. The firm noted that Q4 marked Zoom’s third consecutive beat of more than 1% versus midpoint guidance, signaling improved operating consistency. Performance was supported by stabilization in the online segment, 2.9% monthly churn, and an estimated $15 million FY26 revenue lift from last June’s price increase, with an additional annual SKU price adjustment set to roll out in mid-March.

Also on February 26, BTIG trimmed its price target on Zoom Communications, Inc. (NASDAQ:ZM) to $100 from $105 while reiterating a Buy rating. The firm highlighted accelerating Enterprise revenue growth and guidance that supports its view of approximately 5% revenue growth in FY27.

Previously, Zoom Communications, Inc. (NASDAQ:ZM) reported Q4 FY26 revenue of $1.25 billion, up 5.3% year-over-year (4.8% in constant currency) and $12 million above the high end of guidance. FY26 revenue grew 4.4%, representing a 130 basis point acceleration versus FY25, with FY27 revenue expected to exceed $5.06 billion at the midpoint (~4.1% YoY growth). FY26 free cash flow increased 6.4% to $1.9 billion. Under its $3.7 billion share repurchase authorization, Zoom bought back 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 intending to at least offset dilution through ongoing repurchases.

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

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