A $3.13 Billion Reason to Buy Zoom Communications Stock Now

A $3.13 billion opportunity beckons investors in Zoom Communications (ZM) stock as the company merges its established communication platform with an expanding AI strategy. Once reliant on video conferencing, Zoom's enterprise business now outpaces overall revenue growth, while AI products are increasingly integrated across its broader platform.

This evolution is further bolstered by Zoom's significant investment in Anthropic, which has surged in value to $3.13 billion since the initial $100 million stake in early 2023. In the second quarter of fiscal year 2026, Zoom recorded an unrealized gain of $1.61 billion from its Anthropic investment, further solidifying its strategic position.

Despite these gains, Zoom's stock, trading at 16.33 times forward adjusted price-to-earnings, remains attractive, trading below both the industry average and its five-year average multiple. With solid revenue and profit growth, fueled by enterprise growth and AI-powered products, Zoom demonstrates a compelling case for long-term investors.

Analysts remain bullish on Zoom, with an overall Moderate Buy rating and a potential upside of 19.8% based on average price targets.