Zoom Video CommunicationsNASDAQ: ZM

Zoom Video (ZM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

In the closing of the recent trading day, Zoom Video Communications (ZM) stood at $57.79, denoting a -0.03% change from the preceding trading day.

Zoom Video (ZM) reported earnings 30 days ago. What's next for the stock?

Recently, Zacks.com users have been paying close attention to Zoom Video (ZM). This makes it worthwhile to examine what the stock has in store.

Zoom is investing in AI technology, including the recently launched AI Companion, to enhance its unified communications-as-a-service platform. The company has yet to monetize AI Companion but has seen rapid growth with over 510,000 accounts signing up since September 2023. ZM stock is currently undervalued, with a projected fair value of $86, implying a nearly 30% upside, and the company has a large cash position.

Explore how Zoom Video's (ZM) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.

Zoom's AI developments, including the AI Companion, enhance productivity and streamline workflows, making it an integral tool for businesses. OpenAI's real-time voice translation model can eliminate language barriers, driving increased adoption and usage of the platform. Zoom's stock is undervalued and has significant upside potential, especially with the integration of real-time AI translation features.

Zoom's Q1 earnings exceeded analysts' expectations. But its outlook for the rest of the year was uninspiring.

This growth stock was a beneficiary of the pandemic but has sustained benefits achieved during the lockdown stages.