From what 0 stock analysts predict, the share price for Zoom Video Communications Inc (ZM) might increase by 9.67% in the next year. This is based on a 12-month average estimation for ZM. Price targets go from $60 to $95. The majority of stock analysts believe ZM is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assignedZM 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Zoom Video Communications Inc to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on ZM. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of ZM.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Catharine Trebnick Rosenblatt | Buy | $78 | Maintains | Oct 4, 2024 |
Matthew Niknam Deutsche Bank | Hold | $75 | Maintains | Aug 23, 2024 |
Nikolay Beliov B of A Securities | Neutral | $75 | Maintains | Aug 22, 2024 |
William Power Baird | Outperform | $77 | Maintains | Aug 22, 2024 |
Phil Winslow Wells Fargo | Underweight | $60 | Maintains | Aug 22, 2024 |
Catharine Trebnick Rosenblatt | Buy | $78 | Maintains | Aug 22, 2024 |
Ryan Koontz Needham | Hold | Reiterates | Aug 22, 2024 | |
Matthew Harrigan Benchmark | Buy | $83 | Reiterates | Aug 5, 2024 |
James Fish Piper Sandler | Neutral | $68 | Maintains | Jul 10, 2024 |
Phil Winslow Wells Fargo | Underweight | $55 | Maintains | Jun 21, 2024 |
Meta Marshall Morgan Stanley | Equal-Weight | $68 | Maintains | Jun 14, 2024 |
Peter Levine Evercore ISI Group | In-Line | $70 | Maintains | May 21, 2024 |
Rishi Jaluria RBC Capital | Outperform | $95 | Reiterates | May 21, 2024 |
Phil Winslow Wells Fargo | Underweight | $60 | Maintains | May 21, 2024 |
Catharine Trebnick Rosenblatt | Buy | $78 | Maintains | May 21, 2024 |
Tyler Radke Citigroup | Neutral | $77 | Maintains | May 21, 2024 |
Peter Weed Bernstein | Market Perform | $78 | Maintains | May 21, 2024 |
Parker Lane Stifel | Hold | $65 | Maintains | May 21, 2024 |
William Power Baird | Outperform | $84 | Maintains | May 21, 2024 |
Ryan Koontz Needham | Hold | Reiterates | May 21, 2024 |
When did it IPO
2019
Staff Count
7,420
Country
United States
Sector/Industry
Technology/SoftwareโApplication
CEO
Mr. Eric S. Yuan
Market Cap
$20.68B
In 2023, ZM generated $4.39B in revenue, which was a increase of 7.15% from the previous year. This can be seen as a signal that ZM's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
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Why It Matters - Insights from a chief equity strategist on recent public companies and opinions on Airbnb can influence investor sentiment and decision-making regarding market trends and specific stocks.
Summary - Zoom Video (ZM) is attracting increased interest from Zacks.com users, indicating potential factors that could influence its stock performance.
Why It Matters - Increased attention from Zacks.com users may indicate growing interest or sentiment shifts around Zoom Video, potentially influencing stock performance and investor decisions.
Summary - Zoom Video Communications (ZM) closed at $69.55, with a gain of 0.94% from the previous trading day.
Why It Matters - The slight increase in Zoom's stock price suggests positive market sentiment, which could indicate investor confidence or potential growth, impacting future investment decisions.
Summary - Zoom's stock has risen since its Q2 earnings, driven by strong RPO bookings and reduced dilution. Its 8.5x FCF and 13x P/E ratios suggest an appealing investment relative to the S&P 500.
Why It Matters - Zoom's strong Q2 performance and improved metrics suggest growth potential, making its stock appealing with a favorable valuation compared to the S&P 500. Reduced churn rates indicate stabilizing SMB risks.
Summary - Zoom has introduced new add-on products and functionalities to enhance its enterprise offerings on the Zoom platform.
Why It Matters - Zoom's new enterprise offerings can enhance user engagement and retention, potentially driving revenue growth and increasing market competitiveness, positively impacting stock performance.
Summary - Zoom Video Communications (ZM) closed at $69.43, up 0.93% in the latest trading session.
Why It Matters - A slight increase in Zoom's stock price suggests positive market sentiment, potentially indicating investor confidence or favorable news that could influence future performance.