Zoom Communications Inc. is going to lead the cross-over AI and video communications, but not in the near term. Read more on our updated look at ZM stock post Q4 earnings.

There were some strong indicators for Zoom’s future growth, but the vendor’s 2026 guidance sent the company’s stock south.

For its fiscal 2026 first quarter, Zoom expects adjusted earnings per share of $1.29 to $1.31 on revenue of $1.16 billion to $1.17 billion. Both were misses at the midpoint – be it not by much, as analysts were expecting $1.31 per share on revenue of $1.18 billion.