Core Insights - Zacks Premium provides various tools for investors to enhance their stock market strategies and confidence [1] - The Zacks Style Scores are designed to help investors select stocks with the highest potential to outperform the market in the short term [2] Zacks Style Scores Overview - Stocks are rated based on value, growth, and momentum characteristics, with scores ranging from A to F, where A indicates the highest potential for outperformance [3] - The Style Scores are categorized into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4][5][6] Value Score - The Value Score identifies attractive stocks based on valuation ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow, appealing to value investors [3] Growth Score - The Growth Score assesses stocks based on projected and historical earnings, sales, and cash flow, targeting growth investors [4] Momentum Score - The Momentum Score evaluates stocks based on price trends and earnings estimate changes, assisting momentum investors in timing their purchases [5] VGM Score - The VGM Score combines the three Style Scores to highlight stocks with the best overall value, growth, and momentum characteristics [6] Zacks Rank Integration - The Zacks Rank utilizes earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks historically yielding an average annual return of +23.75% since 1988, significantly outperforming the S&P 500 [7][8] Stock Selection Strategy - To maximize returns, investors should focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B, while also considering earnings estimate trends [10][11] Company Spotlight: Zoom Video Communications - Zoom Video Communications is currently rated 2 (Buy) on the Zacks Rank, with a VGM Score of B, benefiting from increased demand for remote communication tools [12] - The company is projected to have year-over-year earnings growth of 1.1% for the current fiscal year, with an upward revision in earnings estimates [13]

Have you evaluated the performance of Zoom Communications' (ZM) international operations during the quarter that concluded in July 2025? Considering the extensive worldwide presence of this video-conferencing company, analyzing the patterns in international revenues is crucial for understanding its financial resilience and potential for growth.In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financial health a ...

证券研究报告 2025年08月25日 海外行业报告：行业深度研究 DeepSeek V3.1版本正式发布，坚定看好中国AI投资机会 作者： 分析师 孔蓉 SAC执业证书编号：S1110521020002 分析师 李泽宇 SAC执业证书编号：S1110520110002 分析师 樊程安吉 SAC执业证书编号：S1110524080001 分析师 杨雨辰 SAC执业证书编号：S1110521110001 分析师 刘诗雨 SAC执业证书编号：S1110524120001 请务必阅读正文之后的信息披露和免责申明 全球AI周报 摘要 ◼ 重点公司财报AI进展 ◼ 全球AI动态： 请务必阅读正文之后的信息披露和免责申明 2 ➢ Zoom ：2025年Q2业绩稳健增长，AI与通信产品成增长引擎。第二季度AI Companion的月度活跃用户同比增长超四倍。 Zoom联络中心表现 突出，ARR超10万美元客户数达229家，同比增长94家，前十大交易均来自对主流竞品的替代。 ➢ Workday 2025年Q2营收稳健增长，AI相关净新增ACV同比翻倍。2025 年第二季度，Workday 营收 23.48亿美元，同比增长12. ...

智通财经APP获悉，高盛重申对 Zoom通讯(ZM.US)的"中性"评级和目标价87美元。此前该公司发布的 第二季度财报超出预期。高盛强调了该季度几个积极方面，包括人工智能应用的强劲增长，AI Companion 的月活跃用户同比增长了四倍，联络中心业务势头加快，年经常性收入超过 10 万美元的客 户数量达到 229 家，同比增长 94%，Workvivo 业务持续取得进展，大型客户数量较上年增长 142%。 Zoom 谨慎上调了 2026 财年的业绩指引，将营收指引上调 0.1%，但不包括约 2000 万美元的超出部分。 该公司预计第三季度营收增速将放缓，原因是对比基数较高以及专业服务带来的收益减少，随后第四季 度将重新加速，这得益于企业业务的强劲势头。 收益结果乐观，Citizens JMP 分析师 Patrick Walravens仍重申对该股票的"与市场一致"评级。该分析师 的观点反映了对 Zoom 财务表现的中立态度。这些发展突显了 Zoom 在最近几个季度持续超出收益预期 的能力。 此前该公司公布营收同比增长 4.7%，超出市场预期 1.6%，这是其四个季度以来最大的营收超预期幅 度。该公司公布的 ...

Market Updates - Dongfeng Motor Group (00489) opened over 56% higher after announcing its subsidiary, Lantu Motors, will go public in Hong Kong through a listing by introduction, while Dongfeng will simultaneously complete its privatization and delisting [1] - Xirui (02507) fell over 15% after being removed from the Hang Seng Composite Index, raising concerns about its potential removal from the Hong Kong Stock Connect list [1] - Luoyang Molybdenum (03993) rose over 9% after reporting a 60.07% year-on-year increase in net profit for the first half of the year, with all product output meeting targets [1] - Gold stocks surged, with Zijin Mining (02899) up over 6%, China Gold International (02099) up over 5%, Lingbao Gold (03330) up over 2%, and Shandong Gold (01787) up over 4%, driven by dovish comments from Powell at the Jackson Hole conference, raising expectations for interest rate cuts and potentially higher gold prices [1] - China Tobacco Hong Kong (06055) fell over 4% after reporting a nearly 9.8% year-on-year increase in net profit, impacted by rising leaf costs [1] Company Performance - Huaxing Capital Holdings (01911) rose over 6% after signing a strategic cooperation memorandum with YZiLabs to promote the listing of BNB on compliant exchanges [2] - Jinli Permanent Magnet (06680) increased over 14% following the introduction of new rare earth management measures, with expectations for rising rare earth prices [2] - CRRC Corporation (01766) rose over 5% after reporting a 72.48% year-on-year increase in net profit for the first half of 2025, with new orders totaling approximately 146 billion [2] - China Foods (00506) surged over 17% after being included in the Hang Seng Composite Index, with potential inclusion in the Hong Kong Stock Connect [2] - Times Electric (03898) rose over 6% after reporting a 12.93% year-on-year increase in net profit for the first half of 2025, focusing on rail transit traction and conversion systems [2] US Market Highlights - Zoom Video Communications (ZM.US) rose 12.71% after reporting second-quarter earnings that exceeded expectations and raising its annual guidance [3] - Nvidia (NVDA.US) increased 1.72% amid reports of halting production of components for H20 chips tailored for the Chinese market [3] - Intuit (INTU.US) fell 5.03% after reporting fourth-quarter earnings that missed revenue growth expectations [3] - Ross Stores (ROST.US) rose 1.12% after reporting second-quarter earnings that exceeded expectations, with same-store sales up 2% year-on-year [3] - NIO (NIO.US) continued to rise 14.44% as it officially launched pre-sales for its new ES8 model, set to deliver in September 2025 [3] Additional Company Updates - Miniso (MNSO.US) surged 20.12% after reporting a 23.1% year-on-year increase in total revenue for Q2, with strong same-store sales growth in both China and the US [4] - XPeng Motors (XPEV.US) rose 4.40% after its CEO increased his stake by purchasing 3.1 million Class A shares [4] - Futu Holdings (FUTU.US) increased 5.65% after reporting a 69.7% year-on-year revenue growth for Q2, receiving target price upgrades from multiple major banks [5] - Alibaba (BABA.US) rose 4.11% after reorganizing its business segments on its official website, although this does not indicate any structural changes [5]

Zoom Communications reported second-quarter results that topped estimates as the video conferencing software provider rode the artificial intelligence wave. https://t.co/64CC7gDi2C ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2025 OR FORM 10-Q ___________________________________________________________________ ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Mark One) FOR THE TRANSITION PERIOD FROM TO Co ...

Core Insights - Zoom Communications Inc. reported better-than-expected second-quarter financial results, with revenue of $1.22 billion and adjusted earnings of $1.53 per share, surpassing analyst estimates [1][2] - The company raised its full-year guidance, expecting revenue between $4.825 billion and $4.835 billion and earnings per share between $5.81 and $5.84, both above market estimates [3] Financial Performance - Second-quarter revenue: $1.22 billion, exceeding consensus estimate of $1.20 billion [1] - Second-quarter adjusted earnings: $1.53 per share, beating analyst estimates of $1.37 per share [1] - Third-quarter revenue guidance: $1.21 billion to $1.215 billion, compared to estimates of $1.211 billion [2] - Third-quarter adjusted earnings guidance: $1.42 to $1.44 per share, versus estimates of $1.39 per share [2] - Full-year revenue guidance: $4.825 billion to $4.835 billion, against estimates of $4.81 billion [3] - Full-year earnings guidance: $5.81 to $5.84 per share, compared to estimates of $5.58 per share [3] Market Reaction - Following the earnings announcement, Zoom shares increased by 12.5%, reaching $82.29 [3] Analyst Ratings - Rosenblatt analyst maintained a Buy rating and raised the price target from $100 to $110 [8] - Keybanc analyst maintained an Underweight rating and lowered the price target from $73 to $69 [8] - RBC Capital analyst maintained an Outperform rating and raised the price target from $95 to $100 [8] - Baird analyst maintained an Outperform rating and lowered the price target from $100 to $95 [8]

Core Insights - Zoom Communications reported adjusted earnings of $1.53 per share for Q2 fiscal 2026, exceeding the Zacks Consensus Estimate by 11.68% and reflecting a year-over-year increase of 10.1% [1] - Revenues reached $1.22 billion, surpassing the consensus mark by 1.66% and showing a year-over-year growth of 4.7% [1] - Enterprise revenues, which constitute 60% of total revenues, grew by 7% year over year to $730.7 million, while online revenues increased by 1.4% to $486.6 million [2][9] Revenue Breakdown - Customers generating over $100,000 in revenues over the trailing 12 months increased by 8.7% to 4,274, contributing 32% of total revenues with a 9% year-over-year growth [2][9] - The number of Enterprise customers at the end of Q1 was approximately 184,000, with a net dollar expansion rate for Enterprise customers of 98% [3] Operating Performance - Non-GAAP gross margin for Q2 was 79.8%, up from 78.6% in the previous year, reflecting a 120 basis points expansion [5] - Non-GAAP operating income rose by 10.5% year over year to $503.2 million, with an operating margin of 41.3% compared to 39.2% in the prior year [6] Cash Flow and Balance Sheet - Total cash, cash equivalents, and marketable securities as of July 31, 2025, stood at $7.8 billion, unchanged from the previous quarter [7] - Net cash provided by operating activities was $515.9 million, up from $449.3 million in the year-ago quarter, with free cash flow increasing to $508 million from $365.1 million [7] Future Guidance - For Q3 fiscal 2026, Zoom expects revenues between $1.210 billion and $1.215 billion, with non-GAAP income from operations projected between $465.0 million and $470.0 million [8] - For the full fiscal year 2026, revenues are anticipated to be in the range of $4.825 billion to $4.835 billion, with non-GAAP earnings per share expected between $5.81 and $5.84 [10]

Core Insights - Zoom Communications Inc reported strong fiscal second-quarter earnings, leading to a significant increase in share price by 10.45% to $80.82 [9]. Financial Performance - Revenue grew by 4.7% year-on-year to $1.22 billion, marking the strongest revenue growth in 11 quarters [2]. - Pro forma earnings were reported at $1.53 per share [2]. - Constant currency revenue exceeded guidance by $15 million, while full-year expectations were raised by $9 million [4]. - Non-GAAP gross margin improved to 79.8%, up from 79.2% in the previous quarter [6]. Guidance and Future Outlook - Management raised fiscal 2026 guidance for total revenue to $4.825-$4.835 billion and non-GAAP earnings to $5.81-$5.84 per share, surpassing street expectations [7]. - The enterprise segment is expected to continue its acceleration in the second half of the year, with a sequential increase in customer count to 184,000 [8]. Analyst Ratings and Price Targets - Rosenblatt Securities raised the price target from $100 to $110 while maintaining a Buy rating [10]. - RBC Capital Markets increased the price target from $95 to $100, maintaining an Outperform rating [10]. - KeyBanc Capital Markets reduced the price target from $73 to $69, reaffirming an Underweight rating [10].