NASDAQ:ZM

Zoom Video Communications - ZM Stock Forecast, Price & News

$77.43

+2.00 (+2.65%)

(As of 12/1/2022 12:00 AM ET)

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Today's Range: $75.86
▼
$81.69
50-Day Range: $70.57
▼
$88.32
52-Week Range: $69.54
▼
$205.22

Volume: 4.77 million shs
Average Volume: 4.65 million shs
Market Capitalization: $23.05 billion

P/E Ratio: 33.96
Dividend Yield: N/A
Price Target: $115.86

Zoom Video Communications MarketRank™ Forecast

Analyst Rating: Hold
2.26 Rating Score
Upside/Downside: 49.6% Upside
$115.86 Price Target
Short Interest: Healthy
6.95% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.34
Upright™ Environmental Score
News Sentiment: 0.04
Based on 11 Articles This Week
Insider Trading: Selling Shares
$169,955 Sold Last Quarter
Proj. Earnings Growth: -35.00%
From $1.00 to $0.65 Per Share

Overall MarketRank^™

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

2.85 out of 5 stars

Computer And Technology Sector

80th out of 635 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

8th out of 65 stocks

4.1

Analyst's Opinion

Consensus Rating
Zoom Video Communications has received a consensus rating of Hold. The company's average rating score is 2.26, and is based on 9 buy ratings, 16 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $115.86, Zoom Video Communications has a forecasted upside of 49.6% from its current price of $77.43.
Amount of Analyst Coverage
Zoom Video Communications has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
6.95% 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 3.6, 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 decreased by 8.24%, indicating that investor sentiment is improving 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.

3.4

News and Social Media Coverage

News Sentiment
Zoom Video Communications has a news sentiment score of 0.04. 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 lower news sentiment than the 0.51 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 11 news articles for Zoom Video Communications this week, compared to 7 articles on an average week.
Social Mentions This Week
MarketBeat has tracked 5 reddit mentions for Zoom Video Communications this week, compared to 1 mention on an average week.
Search Interest
134 people have searched for ZM on MarketBeat in the last 30 days. This is an increase of 89% compared to the previous 30 days.
MarketBeat Follows
34 people have added Zoom Video Communications to their MarketBeat watchlist in the last 30 days. This is an increase of 62% 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 $169,955.00 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.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Zoom Video Communications are expected to decrease by -35.00% in the coming year, from $1.00 to $0.65 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Zoom Video Communications is 33.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.51.
Price to Earnings Ratio vs. Sector
The P/E ratio of Zoom Video Communications is 33.96, 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 335.35.
Price to Earnings Growth Ratio
Zoom Video Communications has a PEG Ratio of 3.87. 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 4.00. 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

November 29, 2022 | marketbeat.com

Zoom Video Continues to Work Through Normalization

Zoom Video (NASDAQ: ZM) has gone from an obscure but easy-to-use video communications platform to becoming a verb synonymous with video conferencing

December 1, 2022 | nasdaq.com

Zoom Video Has 1 Big Problem, but the Stock May Still Be a Buy Today

December 1, 2022 | stocknews.com

1 ETF to Buy Before the End of the Year and 1 to Sell

November 30, 2022 | finance.yahoo.com

1 Number That Should Have You Thinking Twice About Buying Zoom Video Stock

November 28, 2022 | finance.yahoo.com

Zoom Stock Falls, Extending Run of Daily Retreats

November 26, 2022 | americanbankingnews.com

Zoom Video Communications (NASDAQ:ZM) Given a $83.00 Price Target by UBS Group Analysts

November 26, 2022 | americanbankingnews.com

Zoom Video Communications (NASDAQ:ZM) PT Lowered to $90.00 at The Goldman Sachs Group