ZM +11.3% Breaks 52-Week High, Eyes $100
$Zoom(ZM)$
Zoom Video Communications(ZM) Surged +11.28%: AI-Powered Earnings Pop Breaks 52-Week High, Eyes $100
Latest Close Data
As of Jan 26, 2026, ZM closed at $95.46, surging +11.28%. It hit a new 52-week high of $95.83 during the session, closing just $0.37 below it.
Core Market Drivers
Strong quarterly earnings, beating both revenue and EPS estimates, fueled the rally. Positive guidance and commentary on AI-powered feature adoption drove bullish sentiment, overshadowing broader market concerns.
Technical Analysis
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Volume spiked to 10.34M shares (Volume Ratio 3.61), confirming breakout strength.
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The MACD (DIF: 0.15, DEA: -0.57, MACD: 1.45) shows a bullish crossover and histogram expansion.
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The 6-day RSI at 85.82 signals extreme overbought conditions, suggesting a potential near-term pullback for consolidation.
Key Price Levels
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Primary Support: $84.65 (Previous resistance, now key support).
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Strong Resistance: $95.55 / $95.83 (Immediate ceiling and 52-week high).
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Immediate Pivot: $95.46 (Today's close, decisive level for continuation).
Valuation Perspective
Forward P/E of 15.99 is above its historical average of 14.41 and the software industry average (~30), but justified by strong growth and profitability (ROE: 17.74%).
Analyst Targets
23 analysts cover ZM with an average price target of $96.14. Sentiment is bullish: 6 Strong Buy, 10 Buy, 13 Hold, 2 Underperform.
Weekly Outlook
Expect consolidation near the $95-$96 resistance zone after the sharp run-up. A successful break above $96 could target the $100 psychological level. Failure to hold $94 may lead to a retest of $90 support.
Risk Disclaimer
This analysis is for informational purposes only and not financial advice. Past performance does not guarantee future results. Trading involves risk, including potential loss of principal. Always conduct your own research.
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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
