02:40 PM EDT, 05/22/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We increase our 12-month target price by $55 to $120, applying an EV/revenue multiple of 5.4x to our FY 27 estimate, close to its five-year historical average multiple at 5.1x. We raise our FY 27 EPS estimate by $0.14 to $6.05 and increase FY 28's by $0.15 to $6.27. The adoption of new AI features is not only increasing user engagement but also helping to drive productivity and workflow automation for customers, as seen with products like AI Companion 3.0 and My Notes, which surpassed 1.5 million monthly active users within four months of launch. Paid AI was involved in nine out of the top 10 customer experience deals, demonstrating strong pull-through from AI solutions and the effectiveness of ZM's flexible pricing models. In addition, progress in online business stabilization is evident, as the segment continues to show slight growth despite a nominal uptick in churn, supported by new AI monetization paths.