Zoom climbs as Rosenblatt raises price target to $115 on upbeat checks
ZM•Zoom shares are higher Monday, May 4, 2026 as investors react to a bullish analyst note. Rosenblatt lifted its price target to $115 (from $110) while reiterating a Buy rating, citing strong channel checks and higher revenue expectations into upcoming results.
1. What’s moving the stock
Zoom Communications (ZM) is trading higher in Monday’s session as a fresh analyst catalyst boosts sentiment. The latest move follows Rosenblatt raising its price target to $115 from $110 and keeping a Buy rating, pointing to strong channel checks and lifting revenue expectations ahead of the company’s next earnings report. (tradingview.com)
2. Why it matters
A higher price target from a bullish-rated firm can act as a near-term catalyst by reframing investor expectations for demand trends and the earnings setup. The Rosenblatt note specifically points to improved underlying signals (channel checks) and higher estimates for fiscal 2026 and 2027, which can support multiple expansion when the market believes growth is re-accelerating. (tradingview.com)
3. Key context investors are watching
Zoom’s next scheduled earnings date is approaching, keeping attention on revenue momentum, profitability, and forward guidance. In recent reported results, Zoom highlighted continued growth and provided outlook for the next quarter and full year, which remains central to how the stock trades into the print. (stockanalysis.com)
4. What to watch next
Traders will likely focus on whether additional analyst revisions follow (upgrades, target increases), and whether upcoming results validate the more optimistic demand read-throughs. Any commentary on enterprise adoption, Zoom Workplace monetization, and AI-driven product traction could determine whether today’s gain extends or fades as the earnings event gets closer. ()
