Zoom Communications (ZM)
Coverage summary
Aardvark Labs Capital Research has covered Zoom Communications (ZM) since August 22, 2025. The company is in the Technology sector. This page lists 5 reports: 5 earnings recaps.
The latest is the Q2 FY27 Earnings Recap, published August 27, 2026. The current rating is Outperform, unchanged since the Q4 FY26 Earnings Recap of February 26, 2026. The rating has changed once since coverage began.
Translations: 5 in Chinese.
Rating history
All ZM reports
Recap: Q2 FY27
Maintaining Outperform: The Street Sold a Three-Cent Guide Optic While Enterprise Hit a Three-Year High and the Strategic Portfolio Doubled to $3.8B
Recap: Q1 FY27
Maintaining Outperform: The Upgrade Pays Off — Revenue Accelerates to 5.5%, Net Retention Inflects to 99%, Paid AI Users +184%, and the FY27 Guide Gets Raised
Recap: Q4 FY26
Upgrading to Outperform: The Street Sold a Tax-Line Miss While the Business Inflected — 5.3% Revenue Growth, Online Back to Growth for the First Time Since FY22, and AI Monetization Finally Showing Up
Recap: Q3 FY26
Beat, Raise, and a Fresh $1B Buyback — But Still a 4% Grower at 98% Net Retention: Maintaining Hold as the Oracle and Salesforce AI Proof Points Begin to Land
Recap: Q2 FY26
Fastest Revenue Growth in 11 Quarters — But It's Still 4.4%: Initiating Zoom at Hold on a Best-in-Class FCF Machine Waiting for AI to Bend the Curve