Zoom Video Communications Inc

Zoom Video Communications Inc Stock Forecast & Price Prediction

Live Zoom Video Communications Inc Stock (ZM) Price
$68.66

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$68.66

P/E Ratio

24.52

Volume Traded Today

$1.9M

Dividend

Dividends not available for ZM

52 Week High/low

74.77/55.28

Zoom Video Communications Inc Market Cap

$20.68B

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ZM Summary

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.

ZM Analyst Ratings

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.

ZM stock forecast by analyst

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

ZM Company Information

What They Do: Provides a unified communications platform.

Business Model: The company generates revenue through a subscription-based model offering various communication solutions such as Zoom Meetings, Zoom Phone, and Zoom Webinars. It serves a diverse range of customers, including individuals and businesses across multiple sectors, enabling them to enhance their communication and collaboration capabilities.

Other Information: Founded in 2011 and headquartered in San Jose, California, the company has expanded its services globally, catering to industries like education, healthcare, finance, and entertainment. It also offers a developer platform and marketplace to facilitate third-party integrations, enhancing its ecosystem and customer engagement.
ZM
Zoom Video Communications Inc (ZM)

When did it IPO

2019

Staff Count

7,420

Country

United States

Sector/Industry

Technology/Softwareโ€”Application

CEO

Mr. Eric S. Yuan

Market Cap

$20.68B

Zoom Video Communications Inc (ZM) Financial Data

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

N/A

Revenue From 2021

$2.65B

0.00 %
From Previous Year

Revenue From 2022

$4.10B

54.63 %
From Previous Year

Revenue From 2023

$4.39B

7.15 %
From Previous Year
  • Revenue TTM $4.59B
  • Operating Margin TTM 17.4%
  • Gross profit TTM $3.45B
  • Return on assets TTM 4.8%
  • Return on equity TTM 11.3%
  • Profit Margin 19.1%
  • Book Value Per Share 27.68%
  • Market capitalisation $20.68B
  • Revenue for 2021 $2.65B
  • Revenue for 2022 $4.10B
  • Revenue for 2023 $4.39B
  • EPS this year (TTM) $2.80

Zoom Video Communications Inc (ZM) Latest News

News Image

Thu, 26 Sep 2024

Sentiment - POSITIVE

Source - CNBC Television

Summary - Chris Grisanti, chief equity strategist at MAI Capital Management, discussed favored recently-public companies and shared insights on Airbnb during an appearance on 'Power Lunch.'

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.

News Image

Thu, 26 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Fri, 27 Sep 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

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.

News Image

Thu, 26 Sep 2024

Sentiment - POSITIVE

Source - Seeking Alpha

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.

News Image

Tue, 24 Sep 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

News Image

Tue, 24 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

...

ZM Frequently asked questions

The highest forecasted price for ZM is $95 from at Wells Fargo.

The lowest forecasted price for ZM is $60 from Stefan Slowinski from Exane BNP Paribas

The ZM analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.