Zoom Video Communications Stock Forecast, Price & News

26 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, 12 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Zoom Video Communications stock. 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.
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Wall Street analysts have given Zoom Video Communications a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Zoom Video Communications wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Zoom Video Communications saw a decrease in short interest in the month of July. As of July 15th, there was short interest totaling 8,420,000 shares, a decrease of 14.3% from the June 30th total of 9,830,000 shares. Based on an average trading volume of 3,080,000 shares, the days-to-cover ratio is currently 2.7 days. Approximately 3.9% of the company's shares are sold short.
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Zoom Video Communications is scheduled to release its next quarterly earnings announcement on Monday, August 30th 2021.
View our earnings forecast for Zoom Video Communications.

Zoom Video Communications, Inc. (NASDAQ:ZM) released its quarterly earnings data on Monday, May, 31st. The company reported $1.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.99 by $0.33. The firm earned $956.24 million during the quarter, compared to analysts' expectations of $908.17 million. Zoom Video Communications had a net margin of 26.59% and a trailing twelve-month return on equity of 36.26%. The firm's quarterly revenue was up 191.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.20 EPS.
View Zoom Video Communications' earnings history.

Zoom Video Communications' stock was trading at $110.30 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ZM shares have increased by 242.8% and is now trading at $378.10.
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Zoom Video Communications updated its FY 2022 earnings guidance on Tuesday, June, 29th. The company provided EPS guidance of $4.560-$4.610 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.760. The company issued revenue guidance of $3.98 billion-$3.99 billion, compared to the consensus revenue estimate of $3.80 billion.

26 brokerages have issued 1 year target prices for Zoom Video Communications' stock. Their forecasts range from $250.00 to $611.00. On average, they expect Zoom Video Communications' share price to reach $435.77 in the next twelve months. This suggests a possible upside of 15.3% from the stock's current price.
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450 employees have rated Zoom Video Communications CEO Eric S. Yuan on Glassdoor.com. Eric S. Yuan has an approval rating of 97% among Zoom Video Communications' employees. This puts Eric S. Yuan in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Zoom Video Communications include Snap (SNAP), Twitter (TWTR), Baidu (BIDU), IHS Markit (INFO), The Trade Desk (TTD), Pinterest (PINS), Yandex (YNDX), AppLovin (APP), Wix.com (WIX), FactSet Research Systems (FDS), Weibo (WB), GDS (GDS), Bumble (BMBL), DigitalOcean (DOCN) and DoubleVerify (DV).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Zoom Video Communications investors own include NVIDIA (NVDA), Tesla (TSLA), Netflix (NFLX), Square (SQ), Alibaba Group (BABA), Shopify (SHOP), salesforce.com (CRM), PayPal (PYPL), The Walt Disney (DIS) and DocuSign (DOCU).

(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 served 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 Alliancebernstein L.P. (0.08%), Rheos Capital Works Inc. (0.04%), Mizuho Markets Cayman LP (0.00%), MUFG Securities EMEA plc (0.00%), Zurcher Kantonalbank Zurich Cantonalbank (0.02%) and State of Michigan Retirement System (0.01%). Company insiders that own Zoom Video Communications stock include Aparna Bawa, Bart Swanson, Carl M Eschenbach, Daniel Scheinman, Eric S Yuan, Eric S Yuan, Janine Pelosi, Jonathan Chadwick, Kelly Steckelberg, Kimberly Hammonds, Michael D Pruitt, Roy Benhorin, Ryan Azus, Santiago Subotovsky, Shane Crehan, Tamara Louise Linde and Velchamy Sankarlingam.
View institutional ownership trends for Zoom Video Communications.

ZM stock was sold by a variety of institutional investors in the last quarter, including Harel Insurance Investments & Financial Services Ltd., AXS Investments LLC, WT Wealth Management, Meridian Wealth Management LLC, State of Michigan Retirement System, South Shore Capital Advisors, CTC LLC, and Procyon Private Wealth Partners LLC. Company insiders that have sold Zoom Video Communications company stock in the last year include Aparna Bawa, Bart Swanson, Carl M Eschenbach, Daniel Scheinman, Eric S Yuan, Janine Pelosi, Jonathan Chadwick, Kelly Steckelberg, Kimberly Hammonds, Ryan Azus, Santiago Subotovsky, Shane Crehan, Tamara Louise Linde, and Velchamy Sankarlingam.
View insider buying and selling activity for Zoom Video Communications or view top insider-selling stocks.

ZM stock was bought by a variety of institutional investors in the last quarter, including Mizuho Markets Cayman LP, Rheos Capital Works Inc., Alliancebernstein L.P., MUFG Securities EMEA plc, Cutler Group LP, Zurcher Kantonalbank Zurich Cantonalbank , IFM Investors Pty Ltd, and Brookstone Capital Management.
View insider buying and selling activity for Zoom Video Communications or or view top insider-buying stocks.

Shares of ZM 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.
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One share of ZM stock can currently be purchased for approximately $378.10.

Zoom Video Communications has a market capitalization of $111.41 billion and generates $2.65 billion in revenue each year. The company earns $672.32 million in net income (profit) each year or $2.36 on an earnings per share basis.

Zoom Video Communications employs 4,422 workers across the globe.

Zoom Video Communications was founded in 2011.

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

Zoom Video Communications is headquartered at 55 ALMADEN BOULEVARD 6TH FLOOR, SAN JOSE CA, 95113.

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 or via email at [email protected]