Zoom Communications Inc

ZM is in a Stage 2 corrective reset within a long-term uptrend, holding above its repaired 9/21 EMA band. Short-term price action shows support off rising EMAs without exhaustion, and the medium-term bias remains bullish as the HH/HL structure holds near the 50 DMA. Pullbacks into the EMA zone provide favorable entry, anchoring a buy now posture.

• ↑Q1 FY27 revenue grew 5.5% YoY to $1.24B, exceeding guidance
• ↑AI Companion MAUs quadrupled YoY, accelerating enterprise adoption
• ↓Profitability and growth factors remain weak, pressuring margins