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S&P 500   4,140.06
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How to Use the MarketBeat Dividend Calculator
Copper Exploration Heating Up (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
How This Rare Metal Is Going To Solve A $173 TRILLION World Problem… And Could Benefit Investors (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
'The Sacrifice Zone': Myanmar bears cost of green energy
Can Etsy Continue to Thrive After the Pandemic?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
Copper Exploration Heating Up (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
How This Rare Metal Is Going To Solve A $173 TRILLION World Problem… And Could Benefit Investors (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
'The Sacrifice Zone': Myanmar bears cost of green energy
Can Etsy Continue to Thrive After the Pandemic?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
Copper Exploration Heating Up (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
How This Rare Metal Is Going To Solve A $173 TRILLION World Problem… And Could Benefit Investors (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
'The Sacrifice Zone': Myanmar bears cost of green energy
Can Etsy Continue to Thrive After the Pandemic?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
NASDAQ:ZM

Zoom Video Communications - ZM Stock Forecast, Price & News

$114.74
+0.89 (+0.78%)
(As of 08/8/2022 12:00 AM ET)
Add
Compare
Today's Range
$113.82
$119.82
50-Day Range
$97.35
$122.64
52-Week Range
$79.03
$392.78
Volume
2.83 million shs
Average Volume
3.70 million shs
Market Capitalization
$34.24 billion
P/E Ratio
27.85
Dividend Yield
N/A
Price Target
$160.62

Zoom Video Communications MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
40.0% Upside
$160.62 Price Target
Short Interest
Healthy
4.87% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.34
Upright™ Environmental Score
News Sentiment
0.15mentions of Zoom Video Communications in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$5.80 M Sold Last Quarter
Proj. Earnings Growth
17.71%
From $1.75 to $2.06 Per Share

Overall MarketRank

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

3.11 out of 5 stars

Computer And Technology Sector

24th out of 644 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

3rd out of 66 stocks

ZM stock logo

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.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on ZM shares. Daiwa Capital Markets raised shares of Zoom Video Communications from an "underperform" rating to an "outperform" rating and raised their price target for the company from $107.00 to $121.00 in a research report on Monday, May 30th. Royal Bank of Canada decreased their price target on shares of Zoom Video Communications from $200.00 to $150.00 in a research report on Tuesday, May 24th. Guggenheim decreased their price target on shares of Zoom Video Communications to $130.00 in a research report on Wednesday, May 25th. Stifel Nicolaus decreased their price target on shares of Zoom Video Communications from $150.00 to $120.00 in a research report on Tuesday, May 24th. Finally, Benchmark raised their price target on shares of Zoom Video Communications from $124.00 to $128.00 and gave the company a "buy" rating in a research report on Tuesday, May 24th. Fourteen research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $160.62.

Zoom Video Communications Stock Up 0.6 %

Shares of ZM traded up $0.64 on Monday, hitting $114.49. 129,641 shares of the stock traded hands, compared to its average volume of 4,820,883. The firm has a market capitalization of $34.16 billion, a P/E ratio of 27.63, a P/E/G ratio of 4.66 and a beta of -0.61. The stock's 50 day moving average is $109.90 and its two-hundred day moving average is $113.82. Zoom Video Communications has a 1 year low of $79.03 and a 1 year high of $392.78.

Zoom Video Communications (NASDAQ:ZM - Get Rating) last announced its quarterly earnings data on Monday, May 23rd. The company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.12. Zoom Video Communications had a net margin of 29.91% and a return on equity of 16.56%. The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the prior year, the firm posted $0.97 earnings per share. The company's quarterly revenue was up 12.3% compared to the same quarter last year. Research analysts forecast that Zoom Video Communications will post 1.75 EPS for the current year.

Insider Buying and Selling

In other news, COO Aparna Bawa sold 2,404 shares of the stock in a transaction on Friday, May 13th. The shares were sold at an average price of $95.04, for a total value of $228,476.16. Following the completion of the sale, the chief operating officer now owns 84,260 shares of the company's stock, valued at $8,008,070.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other news, COO Aparna Bawa sold 2,404 shares of the stock in a transaction on Friday, May 13th. The shares were sold at an average price of $95.04, for a total value of $228,476.16. Following the completion of the sale, the chief operating officer now owns 84,260 shares of the company's stock, valued at $8,008,070.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Kelly Steckelberg sold 6,700 shares of the firm's stock in a transaction on Wednesday, May 25th. The shares were sold at an average price of $100.27, for a total transaction of $671,809.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 54,923 shares of company stock valued at $5,803,973. Insiders own 11.24% of the company's stock.

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ZM Stock News Headlines

ARKK has worst trading day in nine sessions
Microsoft debuts workplace social app Viva Engage
Snap positions desktop version to compete with Zoom
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ZM Company Calendar

Last Earnings
5/23/2022
Today
8/09/2022
Next Earnings (Confirmed)
8/22/2022
Fiscal Year End
1/31/2023

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Fax
N/A
Employees
6,787
Year Founded
2011

Price Target and Rating

Average Stock Price Forecast
$160.62
High Stock Price Forecast
$400.00
Low Stock Price Forecast
$90.00
Forecasted Upside/Downside
+40.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
28 Analysts

Profitability

Net Income
$1.38 billion
Pretax Margin
24.10%

Debt

Sales & Book Value

Annual Sales
$4.10 billion
Cash Flow
$4.28 per share
Book Value
$19.32 per share

Miscellaneous

Free Float
264,840,000
Market Cap
$34.24 billion
Optionable
Not Optionable
Beta
-0.61

Social Links















ZM Stock - Frequently Asked Questions

Should I buy or sell Zoom Video Communications stock right now?

28 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Zoom Video Communications in the last year. There are currently 14 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ZM shares.
View ZM analyst ratings
or view top-rated stocks.

What is Zoom Video Communications' stock price forecast for 2022?

28 Wall Street analysts have issued 12 month price targets for Zoom Video Communications' stock. Their ZM share price forecasts range from $90.00 to $400.00. On average, they predict the company's stock price to reach $160.62 in the next twelve months. This suggests a possible upside of 40.0% from the stock's current price.
View analysts price targets for ZM
or view top-rated stocks among Wall Street analysts.

How has Zoom Video Communications' stock performed in 2022?

Zoom Video Communications' stock was trading at $183.91 on January 1st, 2022. Since then, ZM shares have decreased by 37.6% and is now trading at $114.74.
View the best growth stocks for 2022 here
.

When is Zoom Video Communications' next earnings date?

Zoom Video Communications is scheduled to release its next quarterly earnings announcement on Monday, August 22nd 2022.
View our ZM earnings forecast
.

How can I listen to Zoom Video Communications' earnings call?

Zoom Video Communications will be holding an earnings conference call on Monday, August 22nd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Zoom Video Communications' earnings last quarter?

Zoom Video Communications, Inc. (NASDAQ:ZM) issued its quarterly earnings data on Monday, May, 23rd. The company reported $0.47 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.35 by $0.12. The firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.07 billion. Zoom Video Communications had a net margin of 29.91% and a trailing twelve-month return on equity of 16.56%. Zoom Video Communications's quarterly revenue was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.97 earnings per share.

What guidance has Zoom Video Communications issued on next quarter's earnings?

Zoom Video Communications issued an update on its second quarter 2023 earnings guidance on Monday, June, 20th. The company provided EPS guidance of $0.90-$0.92 for the period, compared to the consensus estimate of $0.88. The company issued revenue guidance of $1.11 billion-$1.12 billion, compared to the consensus revenue estimate of $1.11 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 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.

What is Zoom Video Communications' stock symbol?

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

Who are Zoom Video Communications' major shareholders?

Zoom Video Communications' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (2.53%), Sumitomo Mitsui Trust Holdings Inc. (1.77%), Nikko Asset Management Americas Inc. (1.55%), Robeco Institutional Asset Management B.V. (0.25%), Simplex Trading LLC (0.00%) and Mirae Asset Global Investments Co. Ltd. (0.18%). Insiders that own company 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
.

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 $114.74.

How much money does Zoom Video Communications make?

Zoom Video Communications (NASDAQ:ZM) has a market capitalization of $34.24 billion and generates $4.10 billion in revenue each year. The company earns $1.38 billion in net income (profit) each year or $4.12 on an earnings per share basis.

How many employees does Zoom Video Communications have?

Zoom Video Communications employs 6,787 workers across the globe.

When was Zoom Video Communications founded?

Zoom Video Communications was founded in 2011.

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 8/9/2022 by MarketBeat.com Staff

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