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Zoom Video Communications (ZM) Stock Forecast & Price Target

$62.42
-1.96 (-3.04%)
(As of 05:32 PM ET)

Zoom Video Communications - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 19 Analyst Ratings

Consensus Price Target

$76.67
22.82% Upside
High Forecast$95.00
Average Forecast$76.67
Low Forecast$60.00
TypeCurrent Forecast
5/24/23 to 5/23/24
1 Month Ago
4/24/23 to 4/23/24
3 Months Ago
2/23/23 to 2/23/24
1 Year Ago
5/24/22 to 5/24/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
Hold
11 Hold rating(s)
10 Hold rating(s)
11 Hold rating(s)
17 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$76.67$77.56$79.00$88.39
Forecasted Upside22.82% Upside15.65% Upside16.37% Upside11.69% Upside
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ZM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ZM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Zoom Video Communications Stock vs. The Competition

TypeZoom Video CommunicationsComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.21
2.59
2.49
Consensus RatingHoldModerate BuyHold
Predicted Upside22.22% Upside188.17% Upside10.12% Upside
News Sentiment RatingNeutral News
Neutral News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/21/2024Citigroup
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 Boost TargetNeutral ➝ Neutral$76.00 ➝ $77.00+21.26%
5/21/2024Wells Fargo & Company
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 Lower TargetUnderweight ➝ Underweight$70.00 ➝ $60.00-5.51%
5/21/2024Royal Bank of Canada
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 Reiterated RatingOutperform ➝ Outperform$95.00+47.01%
5/21/2024Stifel Nicolaus
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 Lower TargetHold ➝ Hold$70.00 ➝ $65.00+1.42%
5/21/2024Rosenblatt Securities
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 Boost TargetBuy ➝ Buy$75.00 ➝ $78.00+21.70%
5/21/2024Needham & Company LLC
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 Reiterated RatingHold
5/21/2024Sanford C. Bernstein
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 Lower TargetMarket Perform ➝ Market Perform$82.00 ➝ $78.00+21.70%
5/21/2024Robert W. Baird
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 Lower TargetOutperform ➝ Outperform$90.00 ➝ $84.00+31.07%
5/21/2024Evercore ISI
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 Lower TargetIn-Line ➝ In-Line$72.00 ➝ $70.00+9.22%
3/19/2024Jefferies Financial Group
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 Initiated CoverageHold$70.00+5.69%
2/27/2024JPMorgan Chase & Co.
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 Lower TargetNeutral ➝ Neutral$83.00 ➝ $80.00+18.27%
2/27/2024Mizuho
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 Lower TargetBuy ➝ Buy$100.00 ➝ $90.00+36.53%
2/27/2024Wedbush
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 Reiterated RatingNeutral ➝ Neutral$80.00+26.74%
1/18/2024BNP Paribas
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 DowngradeNeutral ➝ Underperform$60.00-11.70%
1/12/2024Piper Sandler
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 Boost TargetNeutral ➝ Neutral$69.00 ➝ $72.00+1.84%
11/21/2023Benchmark
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 Reiterated RatingBuy ➝ Buy$83.00+25.80%
11/21/2023Barclays
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 Lower TargetEqual Weight ➝ Equal Weight$80.00 ➝ $70.00+6.06%
9/15/2023HSBC
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 Initiated CoverageBuy$83.00+15.97%
5/23/2023Moffett Nathanson
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 UpgradeUnderperform ➝ Market Perform$85.00+19.03%
2/28/2023Credit Suisse Group
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 Reiterated RatingNeutral$83.00+12.59%
2/8/2023Roth Capital
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C. Trebnick
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Reiterated RatingNeutral
1/23/2023MKM Partners
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Catharine Trebnick
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DowngradeBuy ➝ Neutral$100.00 ➝ $75.00+7.91%
12/14/2022Morgan Stanley
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 Lower TargetEqual Weight$85.00 ➝ $78.00+4.97%
11/23/2022UBS Group
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 Set Target$83.00+9.01%
11/23/2022The Goldman Sachs Group
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 Lower TargetNeutral$104.00 ➝ $90.00+17.63%
11/22/2022Deutsche Bank Aktiengesellschaft
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 Lower TargetHold$95.00 ➝ $75.00-6.55%
9/12/2022KeyCorp
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 Initiated CoverageSector Weight ➝ Sector Weight
8/26/2022Argus
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 DowngradeBuy ➝ Hold
8/23/2022BTIG Research
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 DowngradeBuy ➝ Neutral
5/30/2022Daiwa Capital Markets
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 UpgradeUnderperform ➝ Outperform$107.00 ➝ $121.00+9.58%
5/25/2022Guggenheim
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 Lower Target$130.00+26.57%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:57 PM ET.

ZM Frequently Asked Questions

What is Zoom Video Communications's stock forecast and purchase recommendation?

According to the research reports of 19 Wall Street equities research analysts, the average twelve-month stock price forecast for Zoom Video Communications is $76.67, with a high forecast of $95.00 and a low forecast of $60.00. The consensus rating for Zoom Video Communications stock is Hold based on the current 2 sell ratings, 11 hold ratings and 6 buy ratings for ZM. Learn more on ZM's analyst rating history.

Do Wall Street analysts like Zoom Video Communications more than its competitors?

Analysts like Zoom Video Communications less than other "computer and technology" companies. The consensus rating for Zoom Video Communications is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how ZM compares to other companies.

Is Zoom Video Communications being upgraded by Wall Street analysts?

Over the previous 90 days, Zoom Video Communications's stock had 1 upgrade by analysts.

Does Zoom Video Communications's stock price have much upside?

According to analysts, Zoom Video Communications's stock has a predicted upside of 16.10% based on their 12-month stock forecasts.

What analysts cover Zoom Video Communications?

Stock Forecasts and Research Tools

This page (NASDAQ:ZM) was last updated on 5/23/2024 by MarketBeat.com Staff

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