NASDAQ:ZM Zoom Video Communications Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Zoom Video Communications Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $496.50 +31.52 (+6.78 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's Range$474.87Now: $496.50▼$500.0050-Day Range$231.04MA: $339.84▼$500.5352-Week Range$60.97Now: $496.50▼$529.74Volume12.85 million shsAverage Volume10.48 million shsMarket Capitalization$141.22 billionP/E Ratio636.54Dividend YieldN/ABeta-1.24 ProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesInstitutional OwnershipHeadlinesShort InterestSocial Media Zoom Video Communications, Inc. provides a video-first communications platform that changes how people interact primarily in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. It connects people through frictionless video, voice, chat, and content sharing. The company's cloud-native platform enables face-to-face video experiences and connects users across various devices and locations in a single meeting. It serves education, entertainment/media, enterprise infrastructure, finance, healthcare, manufacturing, non-profit/not for profit and social impact, retail/consumer products, and software/Internet industries, as well as individuals. The company was formerly known as Zoom Communications, Inc. and changed its name to Zoom Video Communications, Inc. in May 2012. Zoom Video Communications, Inc. was founded in 2011 and is headquartered in San Jose, California.Read More Beat the Market (BTM) Rank™ 2.2 Analyst's Opinion Consensus RatingZoom Video Communications has received a consensus rating of Hold. The company's average rating score is 2.48, and is based on 15 buy ratings, 10 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $358.08, Zoom Video Communications has a forecasted downside of 27.9% from its current price of $496.50.Amount of Analyst CoverageZoom Video Communications has been the subject of 22 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.5 Community Rank Outperform VotesZoom Video Communications has received 215 “outperform” votes. (Add your “outperform” vote.)Underperform VotesZoom Video Communications has received 214 “underperform” votes. (Add your “underperform” vote.)Community SentimentZoom Video Communications has received 50.12% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Zoom Video Communications and other stocks. Vote “Outperform” if you believe ZM will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ZM will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldZoom Video Communications does not currently pay a dividend.Dividend GrowthZoom Video Communications does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn 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 $107,655,921.00 in company stock.Percentage Held by InsidersOnly 24.25% of the stock of Zoom Video Communications is held by insiders.Percentage Held by Institutions37.97% 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. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Zoom Video Communications are expected to grow by 5.03% in the coming year, from $1.59 to $1.67 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Zoom Video Communications is 636.54, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.39.Price to Earnings Ratio vs. SectorThe P/E ratio of Zoom Video Communications is 636.54, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 61.98.Price to Earnings Growth RatioZoom Video Communications has a PEG Ratio of 9.67. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioZoom Video Communications has a P/B Ratio of 166.05. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.2Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.27 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Computer programming, data processing, & other computer related Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:ZM Previous Symbol CUSIPN/A CIKN/A Webwww.zoom.us Phone888-799-9666Debt Debt-to-Equity Ratio0.05 Current Ratio1.73 Quick Ratio1.73Price-To-Earnings Trailing P/E Ratio636.54 Forward P/E Ratio312.26 P/E Growth9.67 Sales & Book Value Annual Sales$622.66 million Price / Sales226.79 Cash Flow$0.37 per share Price / Cash Flow1,353.78 Book Value$2.99 per share Price / Book166.05Profitability EPS (Most Recent Fiscal Year)$0.09 Net Income$25.31 million Net Margins17.10% Return on Equity27.93% Return on Assets14.44%Miscellaneous Employees2,532 Outstanding Shares284,421,000Market Cap$141.22 billion Next Earnings Date12/3/2020 (Estimated) OptionableNot Optionable $496.50 +31.52 (+6.78 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive ZM News and Ratings via Email Sign-up to receive the latest news and ratings for ZM and its competitors with MarketBeat's FREE daily newsletter. Zoom Video Communications (NASDAQ:ZM) Frequently Asked Questions How has Zoom Video Communications' stock been impacted by Coronavirus (COVID-19)? Zoom Video Communications' stock was trading at $110.30 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ZM stock has increased by 350.1% and is now trading at $496.50. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Zoom Video Communications? 27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zoom Video Communications in the last year. There are currently 2 sell ratings, 10 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Zoom Video Communications. When is Zoom Video Communications' next earnings date? Zoom Video Communications is scheduled to release its next quarterly earnings announcement on Thursday, December 3rd 2020. View our earnings forecast for Zoom Video Communications. How were Zoom Video Communications' earnings last quarter? Zoom Video Communications Inc (NASDAQ:ZM) posted its quarterly earnings results on Monday, August, 31st. The company reported $0.92 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.45 by $0.47. The business earned $663.50 million during the quarter, compared to analysts' expectations of $500.37 million. Zoom Video Communications had a return on equity of 27.93% and a net margin of 17.10%. Zoom Video Communications's revenue for the quarter was up 354.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.08 EPS. View Zoom Video Communications' earnings history. What guidance has Zoom Video Communications issued on next quarter's earnings? Zoom Video Communications issued an update on its FY21 earnings guidance on Monday, August, 31st. The company provided EPS guidance of $2.40-$2.47 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.29. The company issued revenue guidance of $2.37-$2.39 billion, compared to the consensus revenue estimate of $1.81 billion. What price target have analysts set for ZM? 27 equities research analysts have issued 1 year price targets for Zoom Video Communications' shares. Their forecasts range from $70.00 to $525.00. On average, they expect Zoom Video Communications' stock price to reach $358.08 in the next year. This suggests that the stock has a possible downside of 27.9%. View analysts' price targets for Zoom Video Communications. Who are some of Zoom Video Communications' key competitors? Some companies that are related to Zoom Video Communications include Baidu (BIDU), Snap (SNAP), Twitter (TWTR), IHS Markit (INFO), Pinterest (PINS), Trade Desk (TTD), Yandex (YNDX), Livongo Health (LVGO), FactSet Research Systems (FDS), Wix.Com (WIX), GDS (GDS), Line (LN), 58.com (WUBA), OneConnect Financial Technology (OCFT) and Weibo (WB). View all competitors. 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), Alibaba Group (BABA), Shopify (SHOP), salesforce.com (CRM), Square (SQ), Walt Disney (DIS), Paypal (PYPL) and Docusign (DOCU). Who are Zoom Video Communications' key executives? Zoom Video Communications' management team includes the following people: Mr. Eric S. Yuan, Founder, Pres, CEO & Chairman (Age 49)Ms. Kelly Steckelberg, Chief Financial Officer (Age 51)Mr. Roy Benhorin, Chief Accounting OfficerMr. Harry D. Moseley, Chief Information OfficerMs. Aparna Bawa, Gen. Counsel & Sec. (Age 41) 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 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. 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 institutional and retail investors. Top institutional investors include Vanguard Group Inc. (3.64%), Hillhouse Capital Advisors LTD. (2.43%), Coatue Management LLC (0.89%), FIL Ltd (0.52%), FMR LLC (0.43%) and Gilder Gagnon Howe & Co. LLC (0.42%). Company insiders that own Zoom Video Communications stock include Aparna Bawa, Bart Swanson, Carl M Eschenbach, Emergence Capital Partners Iii, Eric S Yuan, Janine Pelosi, Jonathan Chadwick, Kelly Steckelberg, Kimberly Hammonds, Roy Benhorin and Santiago Subotovsky. View institutional ownership trends for Zoom Video Communications. Which institutional investors are selling Zoom Video Communications stock? ZM stock was sold by a variety of institutional investors in the last quarter, including BosValen Asset Management Ltd, FMR LLC, Advisor Group Holdings Inc., Sei Investments Co., Ensign Peak Advisors Inc, Hamilton Lane Advisors LLC, Rheos Capital Works Inc., and Gilder Gagnon Howe & Co. LLC. Company insiders that have sold Zoom Video Communications company stock in the last year include Aparna Bawa, Bart Swanson, Carl M Eschenbach, Eric S Yuan, Janine Pelosi, Jonathan Chadwick, Kelly Steckelberg, Kimberly Hammonds, Roy Benhorin, and Santiago Subotovsky. View insider buying and selling activity for Zoom Video Communications. Which institutional investors are buying Zoom Video Communications stock? ZM stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Coatue Management LLC, Nuveen Asset Management LLC, Hillhouse Capital Advisors LTD., Bank of New York Mellon Corp, First Trust Advisors LP, Sumitomo Mitsui Trust Holdings Inc., and Softbank Group Corp. View insider buying and selling activity for Zoom Video Communications. How do I buy shares of Zoom Video Communications? Shares of ZM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Zoom Video Communications' stock price today? One share of ZM stock can currently be purchased for approximately $496.50. How big of a company is Zoom Video Communications? Zoom Video Communications has a market capitalization of $141.22 billion and generates $622.66 million in revenue each year. The company earns $25.31 million in net income (profit) each year or $0.09 on an earnings per share basis. Zoom Video Communications employs 2,532 workers across the globe. What is Zoom Video Communications' official website? The official website for Zoom Video Communications is www.zoom.us. How can I contact Zoom Video Communications? 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. This page was last updated on 9/26/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
