Ark Invest has given Zoom Video Communications a $1,500 price target for 2026, implying over 2,000% upside from current levels. Ark sees Zoom's ability to monetize users through increasing average revenue per user as the most important driver of growth. It expects ARPU to rise from $113 in 2022 to $188 in 2026 due to new AI-powered products and services. Zoom is releasing more AI features for meetings, like summaries, chat tools, and translation.