Zoom Video Communications Stock Forecast, Price & News

26 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Zoom Video Communications in the last twelve months. There are currently 2 sell ratings, 12 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities 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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Zoom Video Communications saw a drop in short interest in July. As of July 15th, there was short interest totaling 8,420,000 shares, a drop of 14.3% from the June 30th total of 9,830,000 shares. Based on an average daily trading volume, of 3,080,000 shares, the days-to-cover ratio is currently 2.7 days. Currently, 3.9% of the shares of the company are short sold.
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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) posted its earnings results on Monday, May, 31st. The company reported $1.32 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.99 by $0.33. The firm had revenue of $956.24 million for the quarter, compared to analysts' expectations of $908.17 million. Zoom Video Communications had a trailing twelve-month return on equity of 36.26% and a net margin of 26.59%. The company's quarterly revenue was up 191.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.20 earnings per share.
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 250.0% and is now trading at $386.02.
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Zoom Video Communications updated its FY 2022 earnings guidance on Tuesday, June, 29th. The company provided earnings per share guidance of $4.560-$4.610 for the period, compared to the Thomson Reuters consensus 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 price objectives for Zoom Video Communications' shares. Their forecasts range from $250.00 to $611.00. On average, they anticipate Zoom Video Communications' stock price to reach $435.77 in the next year. This suggests a possible upside of 12.9% from the stock's current price.
View analysts' price targets for Zoom Video Communications or view top-rated stocks among Wall Street analysts.

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), Pinterest (PINS), The Trade Desk (TTD), Yandex (YNDX), AppLovin (APP), Wix.com (WIX), FactSet Research Systems (FDS), Weibo (WB), GDS (GDS), DoubleVerify (DV), DigitalOcean (DOCN) and Medallia (MDLA).
View all of ZM's competitors.

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 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 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 many different institutional and retail investors. Top institutional shareholders include Rheos Capital Works Inc. (0.04%), Mizuho Markets Cayman LP (0.00%), IFM Investors Pty Ltd (0.01%), State of Alaska Department of Revenue (0.01%), CTC LLC (0.00%) and Concentrum Wealth Management (0.00%). 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., Meridian Wealth Management LLC, CTC LLC, State of Alaska Department of Revenue, Avondale Wealth Management, Cottage Street Advisors LLC, Stratos Wealth Partners LTD., and Usca Ria 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 purchased by a variety of institutional investors in the last quarter, including Mizuho Markets Cayman LP, Rheos Capital Works Inc., IFM Investors Pty Ltd, Brookstone Capital Management, V Wealth Advisors LLC, BNC Wealth Management LLC, Sequoia Financial Advisors LLC, and Legacy Capital Partners Inc..
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 $386.02.

Zoom Video Communications has a market capitalization of $113.74 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]