Though shares of Zoom Video Communications (NASDAQ: ZM) are down 3% in 2024, a closer look at the recent stock price action suggests that they are back in the good books of investors.

The company, which is known for its communications platform and workplace collaboration tools, released its fiscal 2025 second-quarter results (for the three months ended July 31) on Aug. 21. Zoom stock has shot up remarkably since then, clocking 17% gains thanks to the big earnings beat it delivered and better-than-expected guidance.

The videoconferencing provider is integrating artificial intelligence (AI) tools into its offerings and tapping the lucrative contact center market to accelerate its anemic growth. But will the company's efforts be enough to help drive stronger growth in its revenue and earnings and send its stock higher in the future? Let's find out.

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Source Fool.com