Zoom Communications (ZM) Projected to Announce Earnings on Tuesday

Key Points

• Zoom is expected to report Q2 fiscal 2027 results after market close on Tuesday, August 25. Analysts forecast earnings of $1.48 per share on $1.2667 billion in revenue, compared with company guidance of $1.45–$1.47 per share.
• Zoom’s previous quarter exceeded expectations, with adjusted earnings of $1.55 per share and revenue of $1.24 billion; revenue increased 5.5% year over year.
• The stock recently opened at $105.56, while analysts maintain a “Moderate Buy” consensus and an average price target of $109.33. Insiders sold $5.65 million worth of shares during the last quarter, primarily through pre-arranged trading plans.

Zoom Communications (NASDAQ:ZM - Get Free Report) is expected to be announcing its Q2 2027 results after the market closes on Tuesday, August 25th. Analysts expect the company to announce earnings of $1.48 per share and revenue of $1.2667 billion for the quarter. Zoom Communications has set its FY 2027 guidance at 5.960-6.000 EPS and its Q2 2027 guidance at 1.450-1.470 EPS. Interested persons may visit the the company's upcoming Q2 2027 earning results page for the latest details on the call scheduled for Tuesday, August 25, 2026 at 5:00 PM ET.

Zoom Communications (NASDAQ:ZM - Get Free Report) last posted its quarterly earnings data on Thursday, May 21st. The company reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.42 by $0.13. The company had revenue of $1.24 billion for the quarter, compared to analysts' expectations of $1.22 billion. Zoom Communications had a net margin of 41.99% and a return on equity of 11.87%. Zoom Communications's revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the prior year, the business earned $1.43 earnings per share. On average, analysts expect Zoom Communications to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Zoom Communications Price Performance

Shares of ZM opened at $105.56 on Tuesday. The firm's 50 day simple moving average is $92.63 and its 200 day simple moving average is $90.75. The company has a market capitalization of $30.95 billion, a P/E ratio of 15.50, a P/E/G ratio of 5.68 and a beta of 1.00. Zoom Communications has a 1-year low of $70.70 and a 1-year high of $114.74.

Insider Buying and Selling at Zoom Communications

In other Zoom Communications news, insider Velchamy Sankarlingam sold 7,644 shares of the company's stock in a transaction dated Wednesday, July 15th. The shares were sold at an average price of $91.98, for a total transaction of $703,095.12. Following the completion of the sale, the insider directly owned 148,403 shares in the company, valued at $13,650,107.94. This represents a 4.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Michelle Chang sold 8,489 shares of the firm's stock in a transaction dated Friday, July 10th. The shares were sold at an average price of $90.80, for a total value of $770,801.20. Following the transaction, the chief financial officer directly owned 35,452 shares in the company, valued at $3,219,041.60. This trade represents a 19.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 56,155 shares of company stock worth $5,654,761 in the last quarter. 8.83% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Zoom Communications

A number of hedge funds and other institutional investors have recently modified their holdings of ZM. NewEdge Advisors LLC increased its stake in Zoom Communications by 16.8% in the 1st quarter. NewEdge Advisors LLC now owns 8,009 shares of the company's stock worth $591,000 after purchasing an additional 1,153 shares during the period. Intech Investment Management LLC boosted its stake in shares of Zoom Communications by 59.1% during the first quarter. Intech Investment Management LLC now owns 16,785 shares of the company's stock valued at $1,238,000 after purchasing an additional 6,235 shares during the period. Geneos Wealth Management Inc. grew its holdings in shares of Zoom Communications by 82.0% in the first quarter. Geneos Wealth Management Inc. now owns 881 shares of the company's stock worth $65,000 after purchasing an additional 397 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of Zoom Communications in the second quarter worth approximately $217,000. Finally, Invesco Ltd. increased its stake in shares of Zoom Communications by 7.0% in the second quarter. Invesco Ltd. now owns 730,207 shares of the company's stock worth $56,942,000 after buying an additional 47,749 shares during the period. Institutional investors own 66.54% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on ZM. Benchmark increased their price target on shares of Zoom Communications from $115.00 to $121.00 and gave the stock a "buy" rating in a report on Thursday, May 21st. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $130.00 price objective on shares of Zoom Communications in a report on Tuesday, June 30th. Citizens Jmp reiterated a "market perform" rating on shares of Zoom Communications in a research report on Wednesday, May 20th. Wells Fargo & Company raised their price target on Zoom Communications from $90.00 to $105.00 and gave the company an "equal weight" rating in a research report on Friday, May 22nd. Finally, Jefferies Financial Group lifted their price target on Zoom Communications from $105.00 to $118.00 and gave the stock a "buy" rating in a research note on Friday, May 22nd. Fifteen analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $109.33.

About Zoom Communications

Zoom Video Communications, Inc (commonly referred to as Zoom) is a provider of cloud-based communications and collaboration solutions. The company's platform supports video conferencing, voice calling, instant messaging, webinars and large-scale virtual events, and meeting room systems, marketed to businesses, educational institutions, government organizations and individual users. Zoom's product lineup includes Zoom Meetings, Zoom Phone, Zoom Rooms, Zoom Video Webinars and Zoom Chat, and the company offers integrations and extensions through a developer marketplace and third-party apps.

Founded in 2011 by Eric S.

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