Cantor Fitzgerald Comments on ZM FY2026 Earnings

Zoom Video Communications, Inc. (NASDAQ:ZM - Free Report) - Cantor Fitzgerald issued their FY2026 earnings per share (EPS) estimates for Zoom Video Communications in a research report issued to clients and investors on Monday, June 9th. Cantor Fitzgerald analyst T. Blakey expects that the company will post earnings per share of $3.24 for the year. Cantor Fitzgerald has a "Neutral" rating and a $87.00 price target on the stock. The consensus estimate for Zoom Video Communications' current full-year earnings is $2.93 per share.

A number of other equities research analysts have also recently commented on ZM. Rosenblatt Securities raised their target price on Zoom Video Communications from $90.00 to $100.00 and gave the company a "buy" rating in a research report on Thursday, May 22nd. Wall Street Zen lowered Zoom Video Communications from a "strong-buy" rating to a "buy" rating in a report on Saturday, June 7th. Scotiabank boosted their price objective on Zoom Video Communications from $75.00 to $85.00 and gave the company a "sector perform" rating in a research report on Friday, May 16th. JPMorgan Chase & Co. upped their target price on Zoom Video Communications from $80.00 to $85.00 and gave the stock a "neutral" rating in a research note on Thursday, May 22nd. Finally, Mizuho dropped their price target on shares of Zoom Video Communications from $105.00 to $71.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 15th. One research analyst has rated the stock with a sell rating, fifteen have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $87.00.

Zoom Video Communications Trading Down 1.0%

ZM traded down $0.78 on Tuesday, reaching $76.63. The stock had a trading volume of 2,266,932 shares, compared to its average volume of 2,945,492. The business's 50-day moving average price is $77.64 and its two-hundred day moving average price is $79.47. The company has a market cap of $23.18 billion, a P/E ratio of 25.54, a price-to-earnings-growth ratio of 5.48 and a beta of 0.71. Zoom Video Communications has a 12-month low of $55.06 and a 12-month high of $92.80.

Zoom Video Communications (NASDAQ:ZM - Get Free Report) last issued its quarterly earnings data on Wednesday, May 21st. The company reported $1.43 EPS for the quarter, topping analysts' consensus estimates of $1.30 by $0.13. The business had revenue of $1.17 billion for the quarter, compared to analysts' expectations of $1.17 billion. Zoom Video Communications had a net margin of 20.34% and a return on equity of 10.98%. The business's revenue was up 2.9% on a year-over-year basis. During the same quarter last year, the company earned $1.35 EPS.

Insider Transactions at Zoom Video Communications

In other Zoom Video Communications news, insider Velchamy Sankarlingam sold 2,595 shares of Zoom Video Communications stock in a transaction on Tuesday, June 10th. The stock was sold at an average price of $80.26, for a total value of $208,274.70. Following the sale, the insider now owns 126,393 shares in the company, valued at $10,144,302.18. The trade was a 2.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Santiago Subotovsky sold 2,475 shares of the stock in a transaction on Monday, March 24th. The stock was sold at an average price of $77.86, for a total value of $192,703.50. Following the transaction, the director now owns 169,452 shares of the company's stock, valued at approximately $13,193,532.72. This represents a 1.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 94,054 shares of company stock worth $6,877,613 in the last quarter. Company insiders own 11.51% of the company's stock.

Institutional Investors Weigh In On Zoom Video Communications

A number of institutional investors have recently made changes to their positions in the stock. Norges Bank purchased a new position in shares of Zoom Video Communications during the 4th quarter worth approximately $751,908,000. Altshuler Shaham Ltd lifted its stake in Zoom Video Communications by 285.9% during the fourth quarter. Altshuler Shaham Ltd now owns 2,056,277 shares of the company's stock worth $167,813,000 after purchasing an additional 1,523,480 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its position in shares of Zoom Video Communications by 24.3% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 6,385,523 shares of the company's stock worth $521,123,000 after buying an additional 1,247,717 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Zoom Video Communications in the fourth quarter valued at $99,471,000. Finally, Contrarius Group Holdings Ltd acquired a new stake in shares of Zoom Video Communications in the fourth quarter valued at $72,854,000. 66.54% of the stock is currently owned by institutional investors and hedge funds.

About Zoom Video Communications

Zoom Video Communications, Inc provides unified communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company offers Zoom Meetings that offers HD video, voice, chat, and content sharing through mobile devices, desktops, laptops, telephones, and conference room systems; Zoom Phone, an enterprise cloud phone system; and Zoom Chat enables users to share messages, images, audio files, and content in desktop, laptop, tablet, and mobile devices.