15 AI News You Should Not Ignore

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12. Zoom Video Communications, Inc. (NASDAQ:ZM)

Number of Hedge Fund Holders: 39

Zoom Video Communications, Inc. (NASDAQ:ZM) provides a unified communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Following third quarter earnings results, the firm announced it is rebranding as AI-first platform. On November 26, UBS analyst Karl Keirstead raised the price target on the stock to $90 from $75 and kept a Neutral rating on the shares. Zoom has conveyed a focus on growth acceleration, but it is not clear that the Q3 print will infuse confidence in a material acceleration in fiscal 2026, the analyst told investors in a research note. The outlook for Q4 revenue growth of 3% and the statement that 3% serves as an initial placeholder for FY26 growth likely won’t fuel the bull case for a material growth inflection, even if Zoom is being a bit conservative, UBS argued.

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