NASDAQ:ZM

Zoom Video Communications - ZM Stock Forecast, Price & News

$77.54

+3.60 (+4.87%)

(As of 10/4/2022 12:00 AM ET)

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Today's Range: $75.73
▼
$78.45
50-Day Range: $73.33
▼
$114.74
52-Week Range: $71.69
▼
$291.31

Volume: 4.67 million shs
Average Volume: 3.89 million shs
Market Capitalization: $23.08 billion

P/E Ratio: 24.01
Dividend Yield: N/A
Price Target: $136.03

Zoom Video Communications MarketRank™ Forecast

Analyst Rating: Hold
2.34 Rating Score
Upside/Downside: 75.4% Upside
$136.03 Price Target
Short Interest: Bearish
8.59% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.34
Upright™ Environmental Score
News Sentiment: 0.71
Based on 3 Articles This Week
Insider Trading: Selling Shares
$2.54 M Sold Last Quarter
Proj. Earnings Growth: 18.46%
From $1.30 to $1.54 Per Share

Overall MarketRank^™

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

2.91 out of 5 stars

Computer And Technology Sector

102nd out of 648 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

7th out of 67 stocks

4.2

Analyst's Opinion

Consensus Rating
Zoom Video Communications has received a consensus rating of Hold. The company's average rating score is 2.34, and is based on 12 buy ratings, 15 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $136.03, Zoom Video Communications has a forecasted upside of 75.4% from its current price of $77.54.
Amount of Analyst Coverage
Zoom Video Communications has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
8.59% of the float of Zoom Video Communications has been sold short.
Short Interest Ratio / Days to Cover
Zoom Video Communications has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Zoom Video Communications has recently increased by 7.06%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Zoom Video Communications does not currently pay a dividend.
Dividend Growth
Zoom Video Communications does not have a long track record of dividend growth.

3.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Zoom Video Communications has received a 49.52% net impact score from Upright. Zoom Video Communications seems to create the most significant positive value in categories "Taxes", "Relationships", and "Jobs". The positive contribution in the "Relationships" impact category is false driven by its "Video conference call software" and "Hosted messaging services" products. See details.
Environmental Sustainability
The Environmental Impact score for Zoom Video Communications is -0.34.

2.1

News and Social Media Coverage

News Sentiment
Zoom Video Communications has a news sentiment score of 0.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Zoom Video Communications this week, compared to 7 articles on an average week.
Social Mentions This Week
MarketBeat has tracked 2 reddit mentions for Zoom Video Communications this week, compared to 2 mentions on an average week.
Search Interest
Only 89 people have searched for ZM on MarketBeat in the last 30 days. This is a decrease of -49% compared to the previous 30 days.
MarketBeat Follows
Only 43 people have added Zoom Video Communications to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Zoom Video Communications insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,542,178.00 in company stock.
Percentage Held by Insiders
11.24% of the stock of Zoom Video Communications is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
52.86% of the stock of Zoom Video Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Zoom Video Communications are expected to grow by 18.46% in the coming year, from $1.30 to $1.54 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Zoom Video Communications is 24.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.39.
Price to Earnings Ratio vs. Sector
The P/E ratio of Zoom Video Communications is 24.01, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 358.60.
Price to Earnings Growth Ratio
Zoom Video Communications has a PEG Ratio of 2.91. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Zoom Video Communications has a P/B Ratio of 4.01. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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.

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ZM Stock News Headlines

September 5, 2022 | marketbeat.com

MarketBeat Podcast: Stock Market, Bad News is Good News (ZM)

This week on The MarketBeat Podcast Kate’s guest is Michael Wang, founder of Prometheus Alternative Investments. He has done stints at Citigroup and hedge funds

October 5, 2022 | americanbankingnews.com

Zoom Video Communications (NASDAQ:ZM) Sets New 1-Year Low at $72.56

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October 3, 2022 | finance.yahoo.com

Zoom Video Communications, Inc. (ZM) is Attracting Investor Attention: Here is What You Should Know

October 1, 2022 | seekingalpha.com

We Keep Our Sell Rating On Zoom

September 29, 2022 | investing.com

Zoom Video Communications Inc DRC (ZM)

September 26, 2022 | americanbankingnews.com

Zoom Video Communications (NASDAQ:ZM) Now Covered by Moffett Nathanson

September 23, 2022 | nasdaq.com

Noteworthy Friday Option Activity: OLN, ZM, KBH

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September 23, 2022 | finance.yahoo.com

It's Painful to Watch Zoom Video's Decline

September 22, 2022 | seekingalpha.com

ZM Zoom Video Communications, Inc.

September 19, 2022 | finance.yahoo.com

Cathie Wood is Buying These 10 Stocks in September

September 16, 2022 | finance.yahoo.com

Time for Investors To Revisit the Pandemic Winners?

September 15, 2022 | msn.com

Zoom says 'investigating issues' after thousands of users report problems

September 15, 2022 | finance.yahoo.com

Zoom Says It Has Fixed Service After Widespread Outage

September 10, 2022 | finance.yahoo.com

Cathie Wood Has 18% of Her Money in These 3 Growth Stocks

September 8, 2022 | finance.yahoo.com

1 Growth Stock Set to Soar 1,828% From Its 52-Week Low, According to Cathie Wood

September 7, 2022 | seekingalpha.com

Zoom Video Communications, Inc. (ZM) Citi 2022 Global Technology Conference Transcript

September 7, 2022 | au.finance.yahoo.com

Investors Heavily Search Zoom Video Communications, Inc. (ZM): Here is What You Need to Know

September 3, 2022 | finance.yahoo.com

Are Zoom's Growth Days Really Over?

September 1, 2022 | finance.yahoo.com

Cathie Wood’s ARKK Sees Biggest Monthly Outflow in Nearly a Year

August 31, 2022 | finance.yahoo.com

Motley Fool Co-Founder David Gardner on Investing During Tough Markets

August 28, 2022 | seekingalpha.com

Zoom Video Communications: Miscommunication

August 26, 2022 | finance.yahoo.com

Zoom Video ‘Has Fallen to Earth,’ Says Analyst. It Gets a Downgrade.

August 26, 2022 | finance.yahoo.com

Here is What to Know Beyond Why Zoom Video Communications, Inc. (ZM) is a Trending Stock

August 24, 2022 | finance.yahoo.com

Why Zoom Stock Zoomed Past the Market Today

August 24, 2022 | nasdaq.com

March 2023 Options Now Available For Zoom Video Communications

See More Headlines

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ZM Company Calendar

Last Earnings: 8/22/2022
Today: 10/04/2022
Next Earnings (Estimated): 11/28/2022
Fiscal Year End: 1/31/2023

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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: 6,787
Year Founded: 2011

Price Target and Rating

Average Stock Price Forecast: $136.03
High Stock Price Forecast: $295.00
Low Stock Price Forecast: $76.00
Forecasted Upside/Downside: +75.4%
Consensus Rating: Hold
Rating Score (0-4): 2.34
Research Coverage: 29 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.23
Trailing P/E Ratio: 24.01
Forward P/E Ratio: 59.65
P/E Growth: 2.91
Net Income: $1.38 billion
Net Margins: 23.05%
Pretax Margin: 18.23%
Return on Equity: 11.87%
Return on Assets: 8.87%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.44
Quick Ratio: 3.44

Sales & Book Value

Annual Sales: $4.10 billion
Price / Sales: 5.63
Cash Flow: $4.45 per share
Price / Cash Flow: 17.41
Book Value: $19.32 per share
Price / Book: 4.01

Miscellaneous

Outstanding Shares: 297,640,000
Free Float: 264,190,000
Market Cap: $23.08 billion
Optionable: Not Optionable
Beta: -0.37

Social Links

Key Executives

Mr. Eric S. Yuan (Age 52)
Founder, CEO & Chairman
Comp: $1.12M

Ms. Kelly Steckelberg (Age 54)
CFO & Treasurer
Comp: $393.69k

Ms. Aparna Bawa Esq. (Age 44)
COO & Interim Chief Legal Officer
Comp: $419.94k

Ms. Janine Pelosi (Age 39)
Chief Marketing Officer
Comp: $393.69k

Mr. Ryan Azus (Age 47)
Chief Revenue Officer
Comp: $842.67k

Mr. Gregory Tomb (Age 56)
Pres

Mr. Shane Crehan (Age 48)
Chief Accounting Officer

Mr. Brendan Ittelson
Chief Technology Officer

Mr. Gary Sorrentino
Global Chief Information Officer

Mr. Tom McCallum
Head of Investor Relations

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?: 29 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Zoom Video Communications in the last year. There are currently 2 sell ratings, 15 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street 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 2022?: 29 brokerages have issued twelve-month price objectives for Zoom Video Communications' stock. Their ZM share price forecasts range from $76.00 to $295.00. On average, they anticipate the company's stock price to reach $136.03 in the next twelve months. This suggests a possible upside of 75.4% 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 2022?: Zoom Video Communications' stock was trading at $183.91 at the beginning of the year. Since then, ZM shares have decreased by 57.8% and is now trading at $77.54.
View the best growth stocks for 2022 here.
When is Zoom Video Communications' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 28th 2022.
View our ZM earnings forecast.
How were Zoom Video Communications' earnings last quarter?: Zoom Video Communications, Inc. (NASDAQ:ZM) released its earnings results on Monday, August, 22nd. The company reported $1.05 EPS for the quarter, beating analysts' consensus estimates of $0.94 by $0.11. The firm earned $1.10 billion during the quarter, compared to the consensus estimate of $1.12 billion. Zoom Video Communications had a trailing twelve-month return on equity of 11.87% and a net margin of 23.05%. Zoom Video Communications's revenue for the quarter was up 7.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.98 earnings per share.
What guidance has Zoom Video Communications issued on next quarter's earnings?: Zoom Video Communications issued an update on its FY 2023 earnings guidance on Tuesday, September, 20th. The company provided earnings per share (EPS) guidance of $3.66-$3.69 for the period, compared to the consensus earnings per share estimate of $3.82. The company issued revenue guidance of $4.38 billion-$4.39 billion, compared to the consensus revenue estimate of $4.54 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 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.
What is Zoom Video Communications' stock symbol?: Zoom Video Communications trades on the NASDAQ under the ticker symbol "ZM."
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 $77.54.
How much money does Zoom Video Communications make?: Zoom Video Communications (NASDAQ:ZM) has a market capitalization of $23.08 billion and generates $4.10 billion in revenue each year. The company earns $1.38 billion in net income (profit) each year or $3.23 on an earnings per share basis.
How many employees does Zoom Video Communications have?: The company employs 6,787 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 10/5/2022 by MarketBeat.com Staff

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Zoom Video Communications - ZM Stock Forecast, Price & News

Zoom Video Communications MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Social Mentions This Week

Search Interest

MarketBeat Follows