NASDAQ:ZMZoom Video Communications Stock Price, Forecast & News

Zoom Video Communications' stock was trading at $110.30 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ZM stock has increased by 88.2% and is now trading at $207.60. View which stocks have been most impacted by Coronavirus.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zoom Video Communications in the last year. There are currently 2 sell ratings, 10 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Zoom Video Communications.

Zoom Video Communications is scheduled to release its next quarterly earnings announcement on Thursday, September 3rd 2020. View our earnings forecast for Zoom Video Communications.

Zoom Video Communications Inc (NASDAQ:ZM) issued its quarterly earnings results on Tuesday, June, 2nd. The company reported $0.20 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.01 by $0.19. The company earned $328.20 million during the quarter, compared to the consensus estimate of $203.53 million. Zoom Video Communications had a net margin of 6.04% and a return on equity of 6.53%. Zoom Video Communications's revenue was up 169.0% on a year-over-year basis. During the same period last year, the business posted $0.03 EPS. View Zoom Video Communications' earnings history.

Zoom Video Communications issued an update on its FY21 earnings guidance on Tuesday, June, 2nd. The company provided earnings per share (EPS) guidance of $1.21-$1.29 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.44. The company issued revenue guidance of $1.775-$1.80 billion, compared to the consensus revenue estimate of $939.65 million.

23 brokers have issued twelve-month price objectives for Zoom Video Communications' shares. Their forecasts range from $70.00 to $261.00. On average, they expect Zoom Video Communications' stock price to reach $193.32 in the next twelve months. This suggests that the stock has a possible downside of 6.9%. View analysts' price targets for Zoom Video Communications.

News headlines about ZM stock have trended somewhat negative this week, according to InfoTrie Sentiment. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Zoom Video Communications earned a news sentiment score of -1.1 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future. View the latest news aboutZoom Video Communications.

Some companies that are related to Zoom Video Communications include Baidu (BIDU), IHS Markit (INFO), Snap (SNAP), Twitter (TWTR), Match Group (MTCH), Trade Desk (TTD), Yandex (YNDX), Pinterest (PINS), Line (LN), FactSet Research Systems (FDS), Wix.Com (WIX), Stars Group (TSG), Weibo (WB), 58.com (WUBA) and GDS (GDS). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Zoom Video Communications investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Tesla (TSLA), Walt Disney (DIS), Shopify (SHOP), Trade Desk (TTD), salesforce.com (CRM), Square (SQ) and Advanced Micro Devices (AMD).

(ZM) raised $627 million in an initial public offering (IPO) on Thursday, April 18th 2019. The company issued 20,900,000 shares at $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.

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

Zoom Video Communications' stock is owned by a variety of institutional and retail investors. Top institutional investors include Morgan Stanley (4.37%), Baillie Gifford & Co. (2.57%), Comprehensive Financial Management LLC (0.89%), Sands Capital Management LLC (0.50%), BosValen Asset Management Ltd (0.49%) and BlackRock Inc. (0.41%). Company insiders that own Zoom Video Communications stock include Aparna Bawa, Carl M Eschenbach, Emergence Capital Partners Iii, Eric S Yuan, Janine Pelosi, Jonathan Chadwick, Kelly Steckelberg, Kimberly Hammonds, Roy Benhorin and Santiago Subotovsky. View institutional ownership trends for Zoom Video Communications.

ZM stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Wildcat Capital Management LLC, Capital Research Global Investors, Alliancebernstein L.P., Belmont Capital LLC, BlackRock Inc., Comprehensive Financial Management LLC, and Mitsubishi UFJ Kokusai Asset Management Co. Ltd.. Company insiders that have sold Zoom Video Communications company stock in the last year include Aparna Bawa, Carl M Eschenbach, Eric S Yuan, Janine Pelosi, Jonathan Chadwick, Kelly Steckelberg, Kimberly Hammonds, Roy Benhorin, and Santiago Subotovsky. View insider buying and selling activity for Zoom Video Communications.

ZM stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Baillie Gifford & Co., BosValen Asset Management Ltd, Advisor Group Holdings Inc., Lord Abbett & CO. LLC, Rheos Capital Works Inc., Franklin Resources Inc., and Deutsche Bank AG. View insider buying and selling activity for Zoom Video Communications.

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

One share of ZM stock can currently be purchased for approximately $207.60.

Zoom Video Communications has a market capitalization of $57.92 billion and generates $622.66 million in revenue each year. The company earns $25.31 million in net income (profit) each year or $0.09 on an earnings per share basis. Zoom Video Communications employs 2,532 workers across the globe.

The official website for Zoom Video Communications is www.zoom.us.

Zoom Video Communications' mailing address is 55 ALMADEN BOULEVARD 6TH FLOOR, SAN JOSE CA, 95113. The company can be reached via phone at 888-799-9666.