Zoom Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Group 1 - Zoom Communications Inc. is set to release its second-quarter earnings results on August 21, with analysts expecting earnings of $1.38 per share, a slight decrease from $1.39 per share in the same quarter last year [1] - The company is projected to report quarterly revenue of $1.2 billion, an increase from $1.16 billion in the previous year [1] - In the first quarter, Zoom reported better-than-expected earnings and provided positive guidance, although its shares experienced a minor decline of 0.1% to close at $72.16 [2] Group 2 - Keybanc analyst Jackson Ader initiated coverage on Zoom with an Underweight rating and a price target of $73 [7] - B of A Securities analyst Nikolay Beliov maintained a Neutral rating and raised the price target from $79 to $84 [7] - JP Morgan analyst Mark Murphy also maintained a Neutral rating, increasing the price target from $80 to $85 [7]