Core Viewpoint - Zoom's stock price surged over 11% following Baird's report highlighting its investment in AI company Anthropic as a potentially undervalued asset [1] Group 1: Investment Insights - Baird analyst William Power emphasized that Zoom's $51 million investment in Anthropic could be a "hidden gem" that has not been fully appreciated by the market [1] - The investment in Anthropic, known for its Claude series AI models, was completed by Zoom's venture capital arm in 2023 [1] Group 2: Financial Projections - Baird reiterated a "outperform" rating for Zoom, maintaining a target stock price of $95 [1] - Based on Anthropic's recent valuation of $350 billion for a $10 billion funding round, Zoom's stake could be valued between $2 billion to $4 billion [1] - Anthropic's annualized revenue has recently surpassed $9 billion [1]