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High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
This Stock Could Go Up 66% or More. (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
This Stock Could Go Up 66% or More. (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Canadian autoworkers ratify new labor agreement with Ford
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
This Stock Could Go Up 66% or More. (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
This Stock Could Go Up 66% or More. (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Canadian autoworkers ratify new labor agreement with Ford
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
This Stock Could Go Up 66% or More. (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
This Stock Could Go Up 66% or More. (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Canadian autoworkers ratify new labor agreement with Ford
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
This Stock Could Go Up 66% or More. (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
This Stock Could Go Up 66% or More. (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Canadian autoworkers ratify new labor agreement with Ford
NASDAQ:ZM

Zoom Video Communications (ZM) Stock Forecast, Price & News

$68.85
+0.54 (+0.79%)
(As of 09/22/2023 ET)
Compare
Today's Range
$68.40
▼
$69.73
50-Day Range
$65.36
▼
$74.00
52-Week Range
$60.45
▼
$89.67
Volume
2.50 million shs
Average Volume
3.49 million shs
Market Capitalization
$20.72 billion
P/E Ratio
156.48
Dividend Yield
N/A
Price Target
$82.09
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability

Zoom Video Communications MarketRank™ Forecast

Analyst Rating
Hold
2.19 Rating Score
Upside/​Downside
19.2% Upside
$82.09 Price Target
Short Interest
Healthy
6.52% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.34
Upright™ Environmental Score
News Sentiment
0.29mentions of Zoom Video Communications in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$7.82 M Sold Last Quarter
Proj. Earnings Growth
-9.04%
From $1.77 to $1.61 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.22 out of 5 stars

Computer And Technology Sector

320th out of 586 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

27th out of 60 stocks

See Top Rated MarketRank™ Stocks Here

ZM stock logo

About Zoom Video Communications (NASDAQ:ZM) Stock

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. It also provides Zoom Rooms, a software-based conference room system; Zoom Hardware-as-a-Service allows users to access video communication technology from third party equipment; Zoom Conference Room Connector, a gateway for SIP/H.323 endpoints to join Zoom meetings; Zoom Events, which enables users to manage and host internal and external virtual events; OnZoom, a prosumer-focused virtual event platform and marketplace for Zoom users to create, host, and monetize online events; and Zoom Webinars to provide video presentations to large audiences from many devices. In addition, the company offers Zoom Developer Platform that enables developers, platform integrators, service providers, and customers to build apps and integrations using Zoom's video-based communications solutions, as well as integrate Zoom's technology into their products and services; Zoom App Marketplace, which helps developers to publish their apps, as well as third-party integrations of Zoom; and Zoom Contact Center, an omnichannel contact center solution. It serves individuals; and education, entertainment/media, enterprise infrastructure, finance, government, healthcare, manufacturing, non-profit/not for profit and social impact, retail/consumer products, and software/Internet industries. The company was formerly known as Zoom Communications, Inc. and changed its name to Zoom Video Communications, Inc. in May 2012. The company was incorporated in 2011 and is headquartered in San Jose, California.

ZM Price History

ZM Stock News Headlines

September 8, 2023 | marketbeat.com
This Beaten Down Stock Just Flashed 2 Buy Signals (ZM)
Despite being all time lows, things are starting to look good. Docusign reported its Q2 earnings last night which flashed two very strong buy signals.
August 31, 2023 | marketbeat.com
Here are 5 Beaten Up Enterprise Software Stocks Ready to Rebound (ZM)
Enterprise software stocks are badly beaten up but are now on the brink of a reversal supported by the growth of large clients and deepening penetration.
September 24, 2023 | Legacy Research (Ad)
WARNING: Mandatory U.S. Dollar Recall is Weeks Away
If you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.
September 24, 2023 | americanbankingnews.com
Insider Selling: Zoom Video Communications, Inc. (NASDAQ:ZM) COO Sells $920,268.48 in Stock
September 23, 2023 | americanbankingnews.com
Zoom Video Communications, Inc. (NASDAQ:ZM) CEO Sells $933,541.32 in Stock
September 21, 2023 | seekingalpha.com
Zoom: Deep Margin Of Safety With 30% Net Cash Position
September 21, 2023 | seekingalpha.com
Zoom's Ongoing Innovation Is Not Enough Given Its Fierce Competition
September 20, 2023 | finance.yahoo.com
Why Is Zoom Video (ZM) Up 5.3% Since Last Earnings Report?
September 24, 2023 | Chaikin Analytics (Ad)
This Stock Could Go Up 66% or More.
Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023.  Click here to get his latest buy.  More here.
September 20, 2023 | finance.yahoo.com
Where Will Zoom Stock Be in a Year?
September 19, 2023 | markets.businessinsider.com
Zoom Video Stock (NASDAQ:ZM): A Potential Value Trap
September 18, 2023 | americanbankingnews.com
Zoom Video Communications, Inc. (NASDAQ:ZM) CFO Sells $761,829.60 in Stock
September 17, 2023 | americanbankingnews.com
Zoom Video Communications (NASDAQ:ZM) Now Covered by HSBC
September 15, 2023 | msn.com
HSBC Initiates Coverage of Zoom Video Communications Inc - (ZM) with Buy Recommendation
September 15, 2023 | finance.yahoo.com
Zoom Video Communications (ZM) Just Overtook the 20-Day Moving Average
September 15, 2023 | finance.yahoo.com
Insider Sell: Zoom Video Communications Inc's President of Engineering & Product, Velchamy ...
September 13, 2023 | finance.yahoo.com
Zoom Video Communications (ZM)'s Technical Outlook is Bright After Key Golden Cross
September 11, 2023 | finance.yahoo.com
2 Reasons to Buy Zoom Stock, and 1 Reason to Sell
September 8, 2023 | entrepreneur.com
Uber Technologies (UBER) vs. Zoom Video Communications (ZM) vs. Lyft (LYFT): Which Stock Is the Better Tech Buy?
September 8, 2023 | nasdaq.com
Is It Time to Sell Zoom Video Communications Stock?
September 6, 2023 | seekingalpha.com
Zoom Video Communications, Inc. (ZM) Presents at Citi's 2023 Global Technology Conference Transcript
September 6, 2023 | benzinga.com
Zoom Video Taps AI, Gets New Buy From Josh Brown: What's Going On?
September 6, 2023 | finance.yahoo.com
Is Zoom Stock a Bargain or a Value Trap?
September 6, 2023 | seekingalpha.com
Zoom Is Still Digesting The Pandemic Hypergrowth, But Stock Is A Buy
September 5, 2023 | finance.yahoo.com
Zoom CFO: New AI Companion will motivate users toward paid subscriptions
September 5, 2023 | finance.yahoo.com
Why Zoom Stock Topped the Market on Tuesday
September 5, 2023 | seekingalpha.com
Zoom Video Communications, Inc. (ZM) Goldman Sachs 2023 Communacopia & Technology Conference (Transcript)
See More Headlines
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ZM Company Calendar

Last Earnings
8/21/2023
Today
9/24/2023
Next Earnings (Estimated)
11/20/2023
Fiscal Year End
1/31/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Sector
Computer and Technology
Current Symbol
NASDAQ:ZM
CUSIP
N/A
CIK
1585521
Web
www.zoom.us
Phone
(888) 799-9666
Fax
N/A
Employees
8,484
Year Founded
2011

Price Target and Rating

Average Stock Price Forecast
$82.09
High Stock Price Forecast
$102.00
Low Stock Price Forecast
$66.00
Forecasted Upside/Downside
+19.2%
Consensus Rating
Hold
Rating Score (0-4)
2.19
Research Coverage
21 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$0.44
Trailing P/E Ratio
156.48
Forward P/E Ratio
38.90
P/E Growth
1.16
Net Income
$103.71 million
Net Margins
3.17%
Pretax Margin
6.92%
Return on Equity
3.51%
Return on Assets
2.68%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
3.99
Quick Ratio
3.99

Sales & Book Value

Annual Sales
$4.39 billion
Price / Sales
4.72
Cash Flow
$2.16 per share
Price / Cash Flow
31.85
Book Value
$23.27 per share
Price / Book
2.96

Miscellaneous

Outstanding Shares
300,960,000
Free Float
267,009,000
Market Cap
$20.72 billion
Optionable
Not Optionable
Beta
-0.20

Social Links

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Key Executives

  • Mr. Eric S. YuanMr. Eric S. Yuan (Age 53)
    Founder, Pres, CEO & Chairman
    Comp: $1.65M
  • Ms. Kelly SteckelbergMs. Kelly Steckelberg (Age 55)
    CFO & Treasurer
    Comp: $426.2k
  • Ms. Aparna Bawa Esq. (Age 45)
    COO & Interim Chief Legal Officer
    Comp: $426.92k
  • Mr. Velchamy SankarlingamMr. Velchamy Sankarlingam (Age 55)
    Pres of Product & Engineering
    Comp: $451.73k
  • Mr. Shane CrehanMr. Shane Crehan (Age 49)
    Chief Accounting Officer
  • Mr. Xuedong Huang
    Chief Technology Officer
  • Mr. Gary Sorrentino
    Global Chief Information Officer
  • Mr. Tom McCallum
    Head of Investor Relations
  • Ms. Lynn Haaland
    Chief Compliance & Ethics Officer, Chief Privacy Officer and Deputy Gen. Counsel
  • Mr. Graeme Geddes
    Chief Sales & Growth Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













ZM Stock - Frequently Asked Questions

Should I buy or sell Zoom Video Communications stock right now?

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Zoom Video Communications in the last twelve months. There are currently 1 sell rating, 15 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ZM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ZM, but not buy additional shares or sell existing shares.
View ZM analyst ratings or view top-rated stocks.

What is Zoom Video Communications' stock price forecast for 2023?

21 analysts have issued 12 month price objectives for Zoom Video Communications' shares. Their ZM share price forecasts range from $66.00 to $102.00. On average, they predict the company's stock price to reach $82.09 in the next year. This suggests a possible upside of 19.2% from the stock's current price.
View analysts price targets for ZM or view top-rated stocks among Wall Street analysts.

How have ZM shares performed in 2023?

Zoom Video Communications' stock was trading at $67.74 on January 1st, 2023. Since then, ZM shares have increased by 1.6% and is now trading at $68.85.
View the best growth stocks for 2023 here.

When is Zoom Video Communications' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 20th 2023.
View our ZM earnings forecast.

How were Zoom Video Communications' earnings last quarter?

Zoom Video Communications, Inc. (NASDAQ:ZM) announced its earnings results on Monday, August, 21st. The company reported $1.34 EPS for the quarter, beating analysts' consensus estimates of $1.06 by $0.28. The firm had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.11 billion. Zoom Video Communications had a trailing twelve-month return on equity of 3.51% and a net margin of 3.17%. The business's revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period last year, the firm earned $0.28 earnings per share.

What ETFs hold Zoom Video Communications' stock?

ETFs with the largest weight of Zoom Video Communications (NASDAQ:ZM) stock in their portfolio include ARK Innovation ETF (ARKK), ARK Next Generation Internation ETF (ARKW), Spear Alpha ETF (SPRX), Global X Education ETF (EDUT), iShares Future Metaverse Tech and Communications ETF (IVRS), Global X Cloud Computing ETF (CLOU), First Trust Indxx Metaverse ETF (ARVR) and Direxion Daily Cloud Computing Bull 2x (CLDL).

What guidance has Zoom Video Communications issued on next quarter's earnings?

Zoom Video Communications updated its third quarter 2024 earnings guidance on Tuesday, August, 22nd. The company provided earnings per share guidance of $1.07-$1.09 for the period, compared to the consensus earnings per share estimate of $1.03. The company issued revenue guidance of $1.11 billion-$1.12 billion, compared to the consensus revenue estimate of $1.13 billion.

What is Eric S. Yuan's approval rating as Zoom Video Communications' CEO?

450 employees have rated Zoom Video Communications Chief Executive Officer Eric S. Yuan on Glassdoor.com. Eric S. Yuan has an approval rating of 97% among the company's employees. This puts Eric S. Yuan in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Zoom Video Communications own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Zoom Video Communications investors own include NVIDIA (NVDA), Tesla (TSLA), Netflix (NFLX), Block (SQ), Alibaba Group (BABA), Shopify (SHOP), Salesforce (CRM), PayPal (PYPL), Walt Disney (DIS) and DocuSign (DOCU).

When did Zoom Video Communications IPO?

(ZM) raised $627 million in an initial public offering (IPO) on Thursday, April 18th 2019. The company issued 20,900,000 shares at a price of $28.00-$32.00 per share. Morgan Stanley, J. P. Morgan, Goldman Sachs and Credit Suisse acted as the underwriters for the IPO and BofA Merriil Lynch, RBC Capital Markets, Wells Fargo Securities, JMP Securities, KeyBanc Capital Markets, Piper Jaffray, Stifel and William Blair were co-managers.

What is Zoom Video Communications' stock symbol?

Zoom Video Communications trades on the NASDAQ under the ticker symbol "ZM."

Who are Zoom Video Communications' major shareholders?

Zoom Video Communications' stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.51%), ARK Investment Management LLC (3.52%), Sumitomo Mitsui Trust Holdings Inc. (2.17%), Newlands Management Operations LLC (1.94%), Bank Julius Baer & Co. Ltd Zurich (1.90%) and Renaissance Technologies LLC (1.84%). Insiders that own company stock include Aparna Bawa, Bart Swanson, Carl M Eschenbach, Daniel Scheinman, Eric S Yuan, Eric S Yuan, Gregory Tomb, Janine Pelosi, Jonathan Chadwick, Kelly Steckelberg, Kimberly Hammonds, Michael D Pruitt, Ryan Azus, Santiago Subotovsky, Shane Crehan, Tamara Louise Linde and Velchamy Sankarlingam.
View institutional ownership trends.

How do I buy shares of Zoom Video Communications?

Shares of ZM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Zoom Video Communications' stock price today?

One share of ZM stock can currently be purchased for approximately $68.85.

How much money does Zoom Video Communications make?

Zoom Video Communications (NASDAQ:ZM) has a market capitalization of $20.72 billion and generates $4.39 billion in revenue each year. The company earns $103.71 million in net income (profit) each year or $0.44 on an earnings per share basis.

How many employees does Zoom Video Communications have?

The company employs 8,484 workers across the globe.

How can I contact Zoom Video Communications?

Zoom Video Communications' mailing address is 55 ALMADEN BOULEVARD 6TH FLOOR, SAN JOSE CA, 95113. The official website for the company is www.zoom.us. The company can be reached via phone at (888) 799-9666 or via email at investors@zoom.us.

This page (NASDAQ:ZM) was last updated on 9/24/2023 by MarketBeat.com Staff

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