NASDAQ:ZMZoom Video Communications Stock Price, Forecast & News

Zoom Video Communications' stock was trading at $110.30 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ZM stock has increased by 90.7% and is now trading at $210.35. View which stocks have been most impacted by Coronavirus.

23 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 11 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Zoom Video Communications.

Zoom Video Communications is scheduled to release its next quarterly earnings announcement on Thursday, September 3rd 2020. View our earnings forecast for Zoom Video Communications.

Zoom Video Communications Inc (NASDAQ:ZM) issued its quarterly earnings data on Tuesday, June, 2nd. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.19. The company had revenue of $328.20 million for the quarter, compared to analyst estimates of $203.53 million. Zoom Video Communications had a net margin of 6.04% and a return on equity of 6.53%. The business's revenue was up 169.0% on a year-over-year basis. During the same quarter last year, the business posted $0.03 earnings per share. View Zoom Video Communications' earnings history.

Zoom Video Communications updated its FY21 earnings guidance on Tuesday, June, 2nd. The company provided EPS guidance of $1.21-$1.29 for the period, compared to the Thomson Reuters consensus estimate of $0.44. The company issued revenue guidance of $1.775-$1.80 billion, compared to the consensus revenue estimate of $939.65 million.

23 brokerages have issued 1 year price targets for Zoom Video Communications' stock. Their forecasts range from $70.00 to $261.00. On average, they anticipate Zoom Video Communications' share price to reach $193.32 in the next twelve months. This suggests that the stock has a possible downside of 8.1%. View analysts' price targets for Zoom Video Communications.

News stories about ZM stock have been trending very negative recently, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Zoom Video Communications earned a news impact score of -3.2 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next few days. View the latest news aboutZoom Video Communications.

Some companies that are related to Zoom Video Communications include Baidu (BIDU), IHS Markit (INFO), Snap (SNAP), Match Group (MTCH), Twitter (TWTR), Trade Desk (TTD), Yandex (YNDX), Pinterest (PINS), Line (LN), FactSet Research Systems (FDS), Wix.Com (WIX), Stars Group (TSG), Weibo (WB), 58.com (WUBA) and GDS (GDS). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Zoom Video Communications investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Tesla (TSLA), Walt Disney (DIS), Shopify (SHOP), Trade Desk (TTD), salesforce.com (CRM), Square (SQ) and Advanced Micro Devices (AMD).

(ZM) raised $627 million in an initial public offering 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 a number of institutional and retail investors. Top institutional investors include Morgan Stanley (4.37%), Baillie Gifford & Co. (2.57%), Comprehensive Financial Management LLC (0.89%), Sands Capital Management LLC (0.50%), BosValen Asset Management Ltd (0.49%) and BlackRock Inc. (0.41%). Company insiders that own Zoom Video Communications stock include Aparna Bawa, 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.

ZM stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Wildcat Capital Management LLC, Capital Research Global Investors, Alliancebernstein L.P., Belmont Capital LLC, BlackRock Inc., Comprehensive Financial Management LLC, and Mitsubishi UFJ Kokusai Asset Management Co. Ltd.. Company insiders that have sold Zoom Video Communications company stock in the last year include Aparna Bawa, 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.

ZM stock was bought by a variety of institutional investors in the last quarter, including Morgan Stanley, Baillie Gifford & Co., BosValen Asset Management Ltd, Advisor Group Holdings Inc., Lord Abbett & CO. LLC, Rheos Capital Works Inc., Franklin Resources Inc., and Deutsche Bank AG. View insider buying and selling activity for 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.

One share of ZM stock can currently be purchased for approximately $210.35.

Zoom Video Communications has a market capitalization of $58.69 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.

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

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.