Core Insights - Zoom Communications Inc. is set to release its third-quarter earnings results, with analysts expecting earnings of $1.44 per share, an increase from $1.38 per share in the same period last year [1] - The consensus estimate for Zoom's quarterly revenue is $1.21 billion, compared to $1.18 billion a year earlier [1] Recent Developments - On October 13, Zoom announced a strategic go-to-market partnership with Oracle aimed at enhancing customer engagement for enterprises [2] - Following the announcement, Zoom shares experienced a decline of 2.8%, closing at $78.42 [2] Analyst Ratings - Citigroup analyst Tyler Radke maintained a Neutral rating and raised the price target from $85 to $94 [4] - Rosenblatt analyst Catharine Trebnick maintained a Buy rating and increased the price target from $110 to $115 [4] - Wells Fargo analyst Ryan Macwilliams initiated coverage with an Equal-Weight rating and a price target of $90 [4] - Cantor Fitzgerald analyst Thomas Blakey reiterated a Neutral rating with a price target of $87 [4] - JMP Securities analyst Patrick Walravens reiterated a Market Perform rating [4]

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]