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Zoom Communications, Inc. (ZM) Morgan Stanley Technology, Media & Telecom Conference Call Transcript
Zoom Communications, Inc. (NASDAQ:ZM ) Morgan Stanley Technology, Media & Telecom Conference Call March 3, 2025 3:20 PM ET Company Participants Michelle Chang - CFO Conference Call Participants Meta Marshall - Morgan Stanley Operator I'm going to start with disclosures. For any research disclosures, please see morganstanley.com/research.
Zoom (ZM -1.71%) hosted its fourth-quarter and full fiscal-year 2025 earnings call on February 24, 2025. CEO Eric Yuan described fiscal year 2025 as "an incredible year, marked by a major advancement in AI, the evolution of Zoom into an AI-first work platform, spanning Phone, Teams Chat, Events, Docs and more, and a strong momentum in Contact Center and Workvivo.
SAN JOSE, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Today, Zoom Communications, Inc. (NASDAQ: ZM) and Mitel , a global leader in business communications, announced the global launch of a unique hybrid cloud solution that integrates Zoom Workplace and Zoom AI Companion with Mitel's flagship communications platforms, including its leading telephony solutions.
Zoom beats Q4 earnings but provides weak guidance. Strong cash flow meets slowing growth.
WEST ORANGE, NJ — Critics of a plan to build hundreds of housing units near a large patch of forest in North Jersey are stepping up their campaign ahead of a town meeting in West Orange this week. On Wednesday, the West Orange Planning Board is scheduled to hold a special meeting about the West Essex Highlands project. It will take place at 6:30 p.m. at the council chambers of Town Hall, 66 Main Street. Virtual attendees can learn how to login via Zoom here. See the agenda and supporting documents online here. Short Hills-based firm West Essex Highlands Inc. wants to build a 496-unit residential development at a 120-acre tract of land on the western ridgeline of the Watchung Mountains, which also borders Essex Fells, Verona and Roseland. Known as the West Essex Highlands project, the idea was shot down by the West Orange Planning Board in 2006, but has recently resurfaced – with changes. The land is owned by West Essex Highlands Inc., which previously filed a builder’s remedy law
JPMorgan analyst Mark R. Murphy maintained a Neutral rating on Zoom Communications Inc ZM with a price target of $80.
ZM's fiscal fourth-quarter earnings surpass expectations, benefiting from enterprise growth and investments in AI innovation.
Zoom Communications Inc. is going to lead the cross over AI and video communications, but not in the near-term. Zoom AI Companion is seeing high double digit adoption Q/Q but we think the company's high exposure to enterprise and Americas amid macro uncertainty will push out monetization goals. ZM stock trades below peer group averages, making it cheap, but not compelling enough to buy now; Wall Street largely agrees with a hold rating.
Here's our initial take on Zoom Communications' (ZM -1.70%) fiscal year 2025 fourth-quarter results.
Zoom Communications Inc. (NASDAQ:ZM ) Q4 2025 Earnings Conference Call February 24, 2025 5:00 PM ET Company Participants Charles Eveslage - Head of Investor Relations Eric Yuan - Founder and Chief Executive Officer Michelle Chang - Chief Financial Officer Conference Call Participants Kash Rangan - Goldman Sachs Samad Samana - Jefferies Ryan MacWilliams - Barclays Meta Marshall - Morgan Stanley Alex Zukin - Wolfe Research Peter Levine - Evercore Mark Murphy - JPMorgan Michael Turrin - Wells Fargo Arjun Bhatia - William Blair James Fish - Piper Sandler Tom Blakey - Cantor Fitzgerald Michael Funk - Bank of America Rishi Jaluria - RBC Capital Markets Siti Panigrahi - Mizuho Operator ‘25 Earnings Release Webinar. I will now hand things over to Charles Eveslage, Head of Investor Relations.