On June 1, Zoom rose 5.09% in regular trading, trading at $107.175/share, with trading volume of $141 million.

On the news front, the company recently disclosed that total customers with more than 10 employees reached approximately 509,800 as of the end of Q4, representing year-over-year growth of approximately 9%, signaling continued expansion of its enterprise customer base. This data point reinforces the positive momentum from the May 21 earnings report, in which EPS exceeded expectations by 73%. The company's narrative of transitioning from a video conferencing tool to an enterprise-grade AI workflow platform has gained market recognition.

Additionally, multiple investment banks recently raised their price targets on Zoom. UBS adjusted its target to $105 while maintaining a neutral rating, and Benchmark raised its target to $125, maintaining a buy rating. The average analyst price target stands at $112.72 with an overweight consensus. Following a 5.38% pullback on May 26 attributed to profit-taking, the stock is now extending its rebound trajectory.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)