Zoom Communications (NASDAQ:ZM) Given Hold (C+) Rating at Weiss Ratings

Weiss Ratings reiterated their hold (c+) rating on shares of Zoom Communications (NASDAQ:ZM) in a report issued on Tuesday,Weiss Ratings reports.

Other analysts have also issued research reports about the stock. Benchmark increased their price objective on shares of Zoom Communications from $102.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, September 18th. Stifel Nicolaus raised their price target on shares of Zoom Communications from $80.00 to $90.00 and gave the company a “hold” rating in a research report on Thursday, September 18th. Royal Bank Of Canada restated an “outperform” rating and set a $100.00 price target on shares of Zoom Communications in a research report on Thursday, September 18th. Citigroup raised their price target on shares of Zoom Communications from $84.00 to $85.00 and gave the company a “neutral” rating in a research report on Monday, August 25th. Finally, Piper Sandler restated a “neutral” rating and set a $85.00 price target on shares of Zoom Communications in a research report on Friday, August 22nd. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Zoom Communications currently has an average rating of “Hold” and a consensus target price of $91.74.

Zoom Communications Price Performance

NASDAQ:ZM opened at $79.32 on Tuesday. The firm has a market capitalization of $24.00 billion, a P/E ratio of 20.93, a PEG ratio of 10.80 and a beta of 0.78. Zoom Communications has a 1-year low of $64.41 and a 1-year high of $92.80. The company’s fifty day moving average price is $80.08 and its 200-day moving average price is $77.72.

Zoom Communications (NASDAQ:ZM) last released its quarterly earnings data on Thursday, August 21st. The company reported $0.99 earnings per share for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.39). The business had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.20 billion. Zoom Communications had a return on equity of 11.91% and a net margin of 24.99%.The firm’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.39 EPS. Zoom Communications has set its FY 2026 guidance at 5.810-5.840 EPS. Q3 2026 guidance at 1.420-1.44 EPS. Equities analysts anticipate that Zoom Communications will post 2.93 EPS for the current fiscal year.

Insider Activity at Zoom Communications

In other news, Director Herbert Raymond Mcmaster sold 2,000 shares of Zoom Communications stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $83.00, for a total value of $166,000.00. Following the sale, the director owned 7,901 shares in the company, valued at $655,783. This trade represents a 20.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Santiago Subotovsky sold 2,475 shares of the firm’s stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $80.78, for a total transaction of $199,930.50. Following the completion of the transaction, the director directly owned 152,644 shares in the company, valued at approximately $12,330,582.32. This represents a 1.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 54,636 shares of company stock worth $4,482,800 in the last ninety days. 10.78% of the stock is owned by company insiders.

Hedge Funds Weigh In On Zoom Communications

Hedge funds and other institutional investors have recently modified their holdings of the business. Wynn Capital LLC raised its stake in Zoom Communications by 1.3% during the third quarter. Wynn Capital LLC now owns 10,429 shares of the company’s stock worth $860,000 after purchasing an additional 130 shares during the period. Wedmont Private Capital raised its stake in Zoom Communications by 4.1% during the second quarter. Wedmont Private Capital now owns 3,499 shares of the company’s stock worth $271,000 after purchasing an additional 137 shares during the period. Smartleaf Asset Management LLC raised its stake in Zoom Communications by 6.7% during the first quarter. Smartleaf Asset Management LLC now owns 2,293 shares of the company’s stock worth $172,000 after purchasing an additional 143 shares during the period. Penserra Capital Management LLC raised its stake in Zoom Communications by 12.6% during the second quarter. Penserra Capital Management LLC now owns 1,446 shares of the company’s stock worth $111,000 after purchasing an additional 162 shares during the period. Finally, New York State Teachers Retirement System raised its stake in Zoom Communications by 0.7% during the first quarter. New York State Teachers Retirement System now owns 24,298 shares of the company’s stock worth $1,792,000 after purchasing an additional 171 shares during the period. 66.54% of the stock is owned by hedge funds and other institutional investors.

Zoom Communications Company Profile

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.