NASDAQ:ZMZoom Video Communications Stock Price, Forecast & News

Zoom Video Communications' stock was trading at $110.30 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ZM shares have increased by 55.1% and is now trading at $171.06. View which stocks have been most impacted by Coronavirus.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zoom Video Communications in the last year. There are currently 2 sell ratings, 13 hold ratings and 7 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 Tuesday, June 2nd 2020. View our earnings forecast for Zoom Video Communications.

Zoom Video Communications will be holding an earnings conference call on Tuesday, June 2nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Zoom Video Communications Inc (NASDAQ:ZM) released its quarterly earnings data on Wednesday, March, 4th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.16. The firm earned $188.25 million during the quarter, compared to the consensus estimate of $176.88 million. Zoom Video Communications had a net margin of 3.73% and a return on equity of 3.30%. Zoom Video Communications's revenue was up 77.9% on a year-over-year basis. View Zoom Video Communications' earnings history.

Zoom Video Communications issued an update on its FY21 earnings guidance on Wednesday, March, 4th. The company provided earnings per share (EPS) guidance of $0.42-0.45 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.29. The company issued revenue guidance of $905-915 million, compared to the consensus revenue estimate of $869.97 million.

22 brokerages have issued 12 month target prices for Zoom Video Communications' stock. Their forecasts range from $66.00 to $186.00. On average, they expect Zoom Video Communications' stock price to reach $119.26 in the next year. This suggests that the stock has a possible downside of 30.3%. View analysts' price targets for Zoom Video Communications.

Headlines about ZM stock have trended extremely negative recently, according to InfoTrie. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Zoom Video Communications earned a media sentiment score of -4.5 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next several days. View the latest news aboutZoom Video Communications.

Some companies that are related to Zoom Video Communications include Baidu (BIDU), IHS Markit (INFO), Twitter (TWTR), Snap (SNAP), Match Group (MTCH), Trade Desk (TTD), Yandex (YNDX), Line (LN), FactSet Research Systems (FDS), Pinterest (PINS), Wix.Com (WIX), Stars Group (TSG), 58.com (WUBA), Weibo (WB) 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 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 number of institutional and retail investors. Top institutional shareholders 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 bought 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 $171.06.

Zoom Video Communications has a market capitalization of $47.73 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.