FY2026 Earnings Forecast for ZM Issued By Cantor Fitzgerald

Key Points

• Cantor Fitzgerald has raised its FY2026 earnings per share estimate for Zoom Communications to $3.46, up from a previous estimate of $3.24, while maintaining a "Neutral" rating with a price target of $87.00.
• Zoom's consensus ratings include one Strong Buy, ten Buy, fifteen Hold, and one Sell, with an average price target of $89.00.
• Recent insider trading shows significant sales, including a 35.63% decrease in holdings by director Janet Napolitano and an 80.97% decrease by director Jonathan Chadwick.

Zoom Communications, Inc. (NASDAQ:ZM - Free Report) - Equities researchers at Cantor Fitzgerald lifted their FY2026 earnings per share (EPS) estimates for shares of Zoom Communications in a report released on Friday, August 22nd. Cantor Fitzgerald analyst T. Blakey now anticipates that the company will post earnings per share of $3.46 for the year, up from their previous estimate of $3.24. Cantor Fitzgerald has a "Neutral" rating and a $87.00 price target on the stock. The consensus estimate for Zoom Communications' current full-year earnings is $2.93 per share.

Several other brokerages have also weighed in on ZM. Wall Street Zen lowered Zoom Communications from a "strong-buy" rating to a "buy" rating in a report on Saturday, July 26th. Robert W. Baird decreased their price objective on Zoom Communications from $100.00 to $95.00 and set an "outperform" rating for the company in a report on Friday. KeyCorp decreased their price objective on Zoom Communications from $73.00 to $69.00 and set an "underweight" rating for the company in a report on Friday. Morgan Stanley lifted their price objective on Zoom Communications from $79.00 to $85.00 and gave the stock an "equal weight" rating in a report on Thursday, May 22nd. Finally, William Blair reissued an "outperform" rating on shares of Zoom Communications in a report on Thursday, May 22nd. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Zoom Communications has a consensus rating of "Hold" and an average price target of $89.00.

Zoom Communications Stock Performance

Shares of ZM opened at $82.47 on Monday. The business has a 50-day moving average of $75.08 and a 200 day moving average of $76.57. Zoom Communications has a fifty-two week low of $64.41 and a fifty-two week high of $92.80. The firm has a market cap of $24.95 billion, a P/E ratio of 21.76, a price-to-earnings-growth ratio of 21.46 and a beta of 0.68.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Wedmont Private Capital grew its holdings in shares of Zoom Communications by 4.1% during the second quarter. Wedmont Private Capital now owns 3,499 shares of the company's stock worth $271,000 after purchasing an additional 137 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in Zoom Communications by 6.7% in the 1st quarter. Smartleaf Asset Management LLC now owns 2,293 shares of the company's stock worth $172,000 after buying an additional 143 shares during the last quarter. Wynn Capital LLC lifted its position in Zoom Communications by 1.6% in the 1st quarter. Wynn Capital LLC now owns 10,194 shares of the company's stock worth $752,000 after buying an additional 160 shares during the last quarter. Penserra Capital Management LLC lifted its position in Zoom Communications by 12.6% in the 2nd quarter. Penserra Capital Management LLC now owns 1,446 shares of the company's stock worth $111,000 after buying an additional 162 shares during the last quarter. Finally, New York State Teachers Retirement System lifted its position in Zoom Communications by 0.7% in the 1st quarter. New York State Teachers Retirement System now owns 24,298 shares of the company's stock worth $1,792,000 after buying an additional 171 shares during the last quarter. Hedge funds and other institutional investors own 66.54% of the company's stock.

Insider Buying and Selling at Zoom Communications

In other Zoom Communications news, Director Janet Napolitano sold 2,617 shares of Zoom Communications stock in a transaction dated Friday, June 13th. The stock was sold at an average price of $76.78, for a total transaction of $200,933.26. Following the completion of the transaction, the director owned 4,728 shares of the company's stock, valued at $363,015.84. The trade was a 35.63% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Jonathan Chadwick sold 25,000 shares of Zoom Communications stock in a transaction dated Tuesday, July 15th. The shares were sold at an average price of $74.86, for a total value of $1,871,500.00. Following the transaction, the director directly owned 5,875 shares of the company's stock, valued at $439,802.50. The trade was a 80.97% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 87,542 shares of company stock worth $6,609,623. 10.78% of the stock is owned by corporate insiders.

Zoom Communications Company Profile

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.

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