Zoom's Investment in Anthropic Holds Massive Potential
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 27 2026
0mins
Should l Buy ZM?
Source: Fool
- Investment Return Expectations: Zoom's $51 million investment in Anthropic in 2023 is now estimated to be worth between $2 billion and $4 billion, showcasing significant return potential that could greatly enhance Zoom's market value in just a few years.
- IPO Outlook Analysis: Anthropic is rumored to go public later this year, likely at a valuation exceeding its current $380 billion; if revenue continues to grow tenfold, Zoom's stake could be worth over $5 billion at the IPO, further bolstering its financial performance.
- Market Capitalization Impact: As of February 24, Zoom's market cap stands at $26 billion, and if Anthropic's stake is valued at $5 billion, it would represent nearly 20% of Zoom's market cap, positively influencing investor confidence, even though it is not currently reflected on the balance sheet.
- Enterprise Value Assessment: With $8 billion in cash, Zoom's enterprise value could be as low as $13 billion later this year, making its stock an attractive investment option when considering the potential of its Anthropic stake.
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Analyst Views on ZM
Wall Street analysts forecast ZM stock price to rise
20 Analyst Rating
12 Buy
7 Hold
1 Sell
Moderate Buy
Current: 77.710
Low
85.00
Averages
99.33
High
115.00
Current: 77.710
Low
85.00
Averages
99.33
High
115.00
About ZM
Zoom Communications, Inc. provides an artificial intelligence (AI) work platform for human connection. Zoom Workplace, the Company’s AI-powered, open collaboration platform built for modern work, enables us to streamline communications, increase employee engagement, optimize in-person time, improve productivity, and offer customer choice with third-party apps and integrations. Zoom Workplace, powered by Zoom AI Companion, includes collaboration solutions like meetings, team chat, phone, scheduler, whiteboard, spaces, Workvivo, and more. Its communication products include Zoom Meetings, Zoom Phone, Zoom Team Chat, Zoom scheduler, and Zoom mail and calendar. Its productivity products include Zoom Docs, Zoom Whiteboard, Zoom Clips, and Zoom Tasks. Its space products include Zoom Rooms, Zoom Workspace Reservation, and Zoom Visitor Management. It serves various industries, including education, financial services, government, retail, manufacturing and healthcare.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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