08:28 AM EDT, 08/22/2025 (MT Newswires) -- Zoom Communications ( ZM ) is showing "solid momentum" with a "healthy outlook" as AI features, strength in contact center solutions and better platform adoption drive growth opportunities, Wedbush Securities said in a note Friday.

The company delivered strong fiscal Q2 results, with revenue of $1.22 billion, up 5% year over year, and adjusted EPS of $1.53, above consensus.

"The company raised its FY26 guidance across the board as Zoom continues to see greater traction for multiple products across its portfolio with expanding spend within its enterprise customer base while improving its cost management initiatives," analysts said.

According to Wedbush, the company's contact center solution saw 94% growth year over year. Additionally, the Workvivo platform saw 142% growth year over year in customers spending over $100,000.

The firm noted fourfold growth in monthly active users for Zoom's AI Companion year over year, with enterprises expanding the use of AI beyond meeting summaries.

"This was another solid quarter by Zoom as the company's new GTM strategy gains further traction," Wedbush said.

Wedbush maintained an outperform rating on the stock and price target of $95.