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S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?

Zoom Video Communications (ZM) Stock Price, News & Analysis

$66.62
+0.27 (+0.41%)
(As of 03/27/2024 ET)
Today's Range
$65.93
$66.96
50-Day Range
$61.32
$70.91
52-Week Range
$58.87
$75.90
Volume
1.88 million shs
Average Volume
3.37 million shs
Market Capitalization
$20.49 billion
P/E Ratio
32.66
Dividend Yield
N/A
Price Target
$77.56

Zoom Video Communications MarketRank™ Stock Analysis

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
16.4% Upside
$77.56 Price Target
Short Interest
Bearish
5.23% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.34
Upright™ Environmental Score
News Sentiment
0.63mentions of Zoom Video Communications in the last 14 days
Based on 20 Articles This Week
Insider Trading
Selling Shares
$4.53 M Sold Last Quarter
Proj. Earnings Growth
5.12%
From $2.15 to $2.26 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.49 out of 5 stars

Computer And Technology Sector

78th out of 588 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

6th out of 54 stocks

ZM stock logo

About Zoom Video Communications Stock (NASDAQ:ZM)

Zoom Video Communications, Inc. provides unified communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company offers Zoom Meetings that offers HD video, voice, chat, and content sharing through mobile devices, desktops, laptops, telephones, and conference room systems; Zoom Phone, an enterprise cloud phone system; and Zoom Chat enables users to share messages, images, audio files, and content in desktop, laptop, tablet, and mobile devices. It also provides Zoom Rooms, a software-based conference room system; Zoom Conference Room Connector, a gateway for SIP/H.323 endpoints to join Zoom meetings; Zoom Events, which enables users to manage and host internal and external virtual events; OnZoom, a prosumer-focused virtual event platform and marketplace for Zoom users to create, host, and monetize online events; and Zoom Webinars to provide video presentations to large audiences from many devices. In addition, the company offers Zoom Developer Platform that enables developers, platform integrators, service providers, and customers to build apps and integrations using Zoom's video-based communications solutions, as well as integrate Zoom's technology into their products and services; Zoom App Marketplace, which helps developers to publish their apps, as well as third-party integrations of Zoom; and Zoom Contact Center, an omnichannel contact center solution. It serves individuals; and education, entertainment/media, enterprise infrastructure, finance, government, healthcare, manufacturing, non-profit/not for profit and social impact, retail/consumer products, and software/Internet industries. The company was formerly known as Zoom Communications, Inc. and changed its name to Zoom Video Communications, Inc. in May 2012. The company was incorporated in 2011 and is headquartered in San Jose, California.

ZM Stock Price History

ZM Stock News Headlines

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This orb represents the largest untapped energy source in the world… And although this energy resource is unknown by 99% of the public… It makes gas, coal, oil, wind, hydropower, solar, fusion…
Zoom Video Indicates Normalization Ends and Growth Resumes
Zoom Video Communications Inc. NASDAQ: ZM has been trying to work through normalization after its monstrous pandemic surge in 2021. In the following post-COVID years, Zoom Video has been struggling to stabilize its business and stock price, attempting to find a baseline so it can resume its growth.
Zoom Video Indicates Normalization Ends and Growth Resumes
Zoom Video stock looks more appealing now that the company is seeing new growth after two years of normalization following its monstrous pandemic surge in 2021
AI Cracks Open Largest Untapped Energy Reserve on Earth
This orb represents the largest untapped energy source in the world… And although this energy resource is unknown by 99% of the public… It makes gas, coal, oil, wind, hydropower, solar, fusion…
3 Stocks to Buy for the Next Bull Run: March 2024
Q-SYS Control for Zoom Rooms App Now Available
What Analysts Are Saying About Zoom Video Comms Stock
ZM Jun 2025 60.000 put
ZM Mar 2024 74.000 call
See More Headlines
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Company Calendar

Last Earnings
2/26/2024
Today
3/27/2024
Next Earnings (Estimated)
5/27/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Fax
N/A
Employees
7,420
Year Founded
2011

Price Target and Rating

Average Stock Price Target
$77.56
High Stock Price Target
$95.00
Low Stock Price Target
$60.00
Potential Upside/Downside
+16.4%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
18 Analysts

Profitability

Net Income
$637.46 million
Pretax Margin
18.39%

Debt

Sales & Book Value

Annual Sales
$4.53 billion
Cash Flow
$3.68 per share
Book Value
$26.07 per share

Miscellaneous

Free Float
272,867,000
Market Cap
$20.49 billion
Optionable
Optionable
Beta
-0.06

Social Links

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Should I Buy Zoom Video Communications Stock? ZM Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Zoom Video Communications was last updated on Monday, March 25, 2024 at 11:12 PM.

Pros

Here are some ways that investors could benefit from investing in Zoom Video Communications, Inc.:

  • Zoom Video Communications provides a unified communications platform across various regions globally, offering a wide range of services including HD video, voice, chat, and content sharing, catering to diverse communication needs.
  • Zoom Phone, an enterprise cloud phone system, offers a comprehensive solution for businesses looking to streamline their communication infrastructure and enhance connectivity.
  • Zoom Chat enables seamless messaging, image sharing, and content sharing across multiple devices, promoting efficient collaboration and communication within organizations.
  • Recent positive developments in the company's financial performance and market positioning have shown promising growth potential, attracting investor interest and confidence.
  • Zoom Video Communications stock price has shown resilience and stability in recent periods, reflecting a strong market position and potential for long-term growth.

Cons

Investors should be bearish about investing in Zoom Video Communications, Inc. for these reasons:

  • Despite its strong market presence, Zoom Video Communications faces increasing competition in the unified communications sector, which could potentially impact its market share and growth trajectory.
  • Concerns about data security and privacy have been raised regarding Zoom's platform, leading to potential regulatory challenges and reputational risks that could affect investor confidence.
  • Market volatility and economic uncertainties may impact Zoom Video Communications' financial performance and stock valuation, posing risks to investors seeking stable returns.
  • Fluctuations in technology trends and evolving consumer preferences could require continuous innovation and adaptation from Zoom Video Communications to maintain its competitive edge, which may involve additional costs and risks.
  • Investors should carefully consider the valuation of Zoom Video Communications stock in relation to its growth prospects and industry dynamics to make informed investment decisions.

ZM Stock Analysis - Frequently Asked Questions

Should I buy or sell Zoom Video Communications stock right now?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zoom Video Communications in the last twelve months. There are currently 2 sell ratings, 11 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ZM shares. 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.
View ZM analyst ratings
or view top-rated stocks.

What is Zoom Video Communications' stock price target for 2024?

18 Wall Street research analysts have issued 12 month price targets for Zoom Video Communications' stock. Their ZM share price targets range from $60.00 to $95.00. On average, they anticipate the company's stock price to reach $77.56 in the next twelve months. This suggests a possible upside of 16.4% from the stock's current price.
View analysts price targets for ZM
or view top-rated stocks among Wall Street analysts.

How have ZM shares performed in 2024?

Zoom Video Communications' stock was trading at $71.91 at the beginning of the year. Since then, ZM shares have decreased by 7.4% and is now trading at $66.62.
View the best growth stocks for 2024 here
.

When is Zoom Video Communications' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 27th 2024.
View our ZM earnings forecast
.

How were Zoom Video Communications' earnings last quarter?

Zoom Video Communications, Inc. (NASDAQ:ZM) posted its quarterly earnings data on Monday, February, 26th. The company reported $0.76 earnings per share for the quarter, beating analysts' consensus estimates of $0.42 by $0.34. The firm earned $1.15 billion during the quarter, compared to the consensus estimate of $1.13 billion. Zoom Video Communications had a net margin of 14.08% and a trailing twelve-month return on equity of 9.68%.

What guidance has Zoom Video Communications issued on next quarter's earnings?

Zoom Video Communications updated its first quarter 2025 earnings guidance on Tuesday, February, 27th. The company provided EPS guidance of 1.180-1.200 for the period, compared to the consensus estimate of 1.130. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion.

What is Eric S. Yuan's approval rating as Zoom Video Communications' CEO?

450 employees have rated Zoom Video Communications Chief Executive Officer Eric S. Yuan on Glassdoor.com. Eric S. Yuan has an approval rating of 97% among the company's employees. This puts Eric S. Yuan in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

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), Block (SQ), Alibaba Group (BABA), Shopify (SHOP), Salesforce (CRM), PayPal (PYPL), Walt Disney (DIS) and DocuSign (DOCU).

When did Zoom Video Communications IPO?

Zoom Video Communications (ZM) raised $627 million in an initial public offering 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.

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. (7.69%), Vanguard Group Inc. (7.69%), ARK Investment Management LLC (3.64%), Sumitomo Mitsui Trust Holdings Inc. (2.17%), Nikko Asset Management Americas Inc. (1.99%) and FIL Ltd (1.01%). Insiders that own company stock include Aparna Bawa, Bart Swanson, Carl M Eschenbach, Eric S Yuan, Eric S Yuan, Gregory Tomb, Janine Pelosi, Jonathan Chadwick, Kelly Steckelberg, Kimberly Hammonds, Michael D Pruitt, Ryan Azus, Santiago Subotovsky, Shane Crehan, Tamara Louise Linde and Velchamy Sankarlingam.
View institutional ownership trends
.

How do I buy shares of Zoom Video Communications?

Shares of ZM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ZM) was last updated on 3/28/2024 by MarketBeat.com Staff

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