Zoom Communications posts strong Q2 with 4.9% revenue growth and $472M free cash flow, remains a Strong Buy.

Zoom Communications reported solid Q2 FY27 results with 4.9% revenue growth and strong enterprise momentum. The company generated $472 million in free cash flow, enabling aggressive share buybacks. Its balance sheet is very strong, holding about $11 billion in liquid assets and investments, nearly half its market cap, with no long-term debt. The intrinsic value of Zoom's core business is estimated above current prices, with additional upside potential from its stake in Anthropic, despite some macro and competitive risks. Overall, the risk-reward profile remains attractive, supporting a Strong Buy rating.

Zoom Video Communications shares are trading at USD 97.74 on Pluang as of Oct 11, 2026 21:02 WIB, showing a 3.24% gain in one day. This price sits closer to the 52-week high of USD 111.88 than the low of USD 72.72, indicating a relatively strong position within its annual range. Despite the recent positive momentum, typical investors hold Zoom for about 92 days, with a majority of 74% placing buy orders on the platform.