Zoom Communications (ZM) to Release Quarterly Earnings on Thursday

Key Points

• Zoom Communications is set to announce its Q2 2026 earnings on Thursday, August 21st, with analysts predicting earnings of $1.37 per share and revenue of $1.20 billion.
• The company's stock has seen significant activity, including insider sales, with CEO Eric S. Yuan and Director Jonathan Chadwick selling shares recently.
• Analyst ratings for Zoom Communications reflect a consensus of "Hold," with a target price of $87.00, indicating a mixed outlook among equity research analysts.

Zoom Communications (NASDAQ:ZM - Get Free Report) is expected to be announcing its Q2 2026 earnings results after the market closes on Thursday, August 21st. Analysts expect the company to announce earnings of $1.37 per share and revenue of $1.20 billion for the quarter. Zoom Communications has set its FY 2026 guidance at 5.560-5.590 EPS and its Q2 2026 guidance at 1.360-1.370 EPS.

Zoom Communications (NASDAQ:ZM - Get Free Report) last posted its quarterly earnings results on Wednesday, May 21st. The company reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.30 by $0.13. Zoom Communications had a net margin of 22.31% and a return on equity of 11.08%. The business had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.17 billion. During the same quarter in the prior year, the company posted $1.35 EPS. The business's revenue for the quarter was up 2.9% on a year-over-year basis. On average, analysts expect Zoom Communications to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Zoom Communications Price Performance

Zoom Communications stock opened at $72.39 on Thursday. The firm has a 50 day simple moving average of $75.78 and a 200-day simple moving average of $77.30. Zoom Communications has a 1-year low of $56.12 and a 1-year high of $92.80. The stock has a market cap of $21.90 billion, a price-to-earnings ratio of 21.74, a price-to-earnings-growth ratio of 18.31 and a beta of 0.68.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley boosted their price target on shares of Zoom Communications from $79.00 to $85.00 and gave the company an "equal weight" rating in a research note on Thursday, May 22nd. Needham & Company LLC raised shares of Zoom Communications from a "hold" rating to a "moderate buy" rating and set a $100.00 price objective for the company in a research note on Thursday, May 22nd. Cantor Fitzgerald reissued a "neutral" rating and issued a $87.00 price objective on shares of Zoom Communications in a research note on Thursday, May 22nd. JMP Securities reissued a "market perform" rating on shares of Zoom Communications in a research note on Thursday, May 22nd. Finally, KeyCorp began coverage on shares of Zoom Communications in a research note on Friday, June 6th. They issued an "underweight" rating and a $73.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, fifteen have issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Zoom Communications presently has an average rating of "Hold" and a consensus target price of $87.00.

Insider Buying and Selling

In other Zoom Communications news, Director Jonathan Chadwick sold 25,000 shares of the 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 completion of the transaction, the director directly owned 5,875 shares of the company's stock, valued at approximately $439,802.50. This trade represents a 80.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Eric S. Yuan sold 33,691 shares of the company's stock in a transaction dated Monday, July 14th. The shares were sold at an average price of $74.79, for a total transaction of $2,519,749.89. The disclosure for this sale can be found here. Insiders have sold 87,542 shares of company stock worth $6,609,623 in the last three months. Company insiders own 11.51% of the company's stock.

Institutional Trading of Zoom Communications

Institutional investors have recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. increased its holdings in Zoom Communications by 82.0% in the first quarter. Geneos Wealth Management Inc. now owns 881 shares of the company's stock valued at $65,000 after buying an additional 397 shares during the last quarter. NewEdge Advisors LLC increased its holdings in Zoom Communications by 16.8% in the first quarter. NewEdge Advisors LLC now owns 8,009 shares of the company's stock valued at $591,000 after buying an additional 1,153 shares during the last quarter. Jump Financial LLC bought a new stake in Zoom Communications in the second quarter valued at about $417,000. Intech Investment Management LLC increased its holdings in Zoom Communications by 59.1% in the first quarter. Intech Investment Management LLC now owns 16,785 shares of the company's stock valued at $1,238,000 after buying an additional 6,235 shares during the last quarter. Finally, Marshall Wace LLP increased its holdings in Zoom Communications by 97.8% in the second quarter. Marshall Wace LLP now owns 35,400 shares of the company's stock valued at $2,760,000 after buying an additional 17,500 shares during the last quarter. 66.54% of the stock is owned by hedge funds and other institutional investors.

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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