Zoom (ZM) Q2 Earnings Preview: Analysts Expect $1.27B Revenue and $1.48 EPS, With Focus on Anthropic Stake Value
Zoom is set to report its second-quarter financial results on Tuesday after market close. Analysts anticipate the company will report revenue of $1.27 billion and earnings per share of $1.48. BTIG analyst Allan Verkhovski maintained a Buy rating with a $125 price target, highlighting Zoom's strong fundamentals, acceleration in its Enterprise segment, and the growing value of its stake in private AI company Anthropic. Zoom invested $51 million in Anthropic in 2023, and analysts suggest this stake could now be worth billions, potentially outshining Zoom's core revenue performance, especially amid Anthropic's IPO speculation and a potential $2 trillion valuation.
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