Cantor Fitzgerald Reiterates “Neutral” Rating for Zoom Communications (NASDAQ:ZM)

Zoom Communications (NASDAQ:ZM)‘s stock had its “neutral” rating reissued by equities research analysts at Cantor Fitzgerald in a report issued on Tuesday,Benzinga reports. They currently have a $87.00 price objective on the stock. Cantor Fitzgerald’s price objective suggests a potential upside of 3.04% from the company’s current price. Cantor Fitzgerald also issued estimates for Zoom Communications’ FY2026 earnings at $3.76 EPS.

Several other brokerages have also commented on ZM. Wells Fargo & Company started coverage on shares of Zoom Communications in a research note on Tuesday, September 30th. They issued an “equal weight” rating and a $90.00 price target on the stock. Piper Sandler restated a “neutral” rating and issued a $85.00 target price on shares of Zoom Communications in a research report on Friday, August 22nd. Rosenblatt Securities reaffirmed a “buy” rating and set a $115.00 target price on shares of Zoom Communications in a research note on Tuesday. Wedbush reiterated an “outperform” rating and set a $95.00 price target on shares of Zoom Communications in a research report on Friday, August 22nd. Finally, KeyCorp lowered their price target on Zoom Communications from $73.00 to $69.00 and set an “underweight” rating on the stock in a report on Friday, August 22nd. Ten research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $92.43.

Zoom Communications Stock Performance

ZM stock opened at $84.43 on Tuesday. The stock has a market capitalization of $25.54 billion, a price-to-earnings ratio of 16.43, a PEG ratio of 11.72 and a beta of 0.79. Zoom Communications has a 1 year low of $64.41 and a 1 year high of $91.04. The stock’s fifty day moving average is $82.57 and its two-hundred day moving average is $79.72.

Zoom Communications (NASDAQ:ZM) last released its quarterly earnings results on Monday, November 24th. The company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.44 by $0.08. Zoom Communications had a net margin of 33.17% and a return on equity of 12.33%. The business had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.21 billion. During the same quarter in the prior year, the firm earned $1.38 earnings per share. The company’s quarterly revenue was up 4.4% on a year-over-year basis. Zoom Communications has set its FY 2026 guidance at 5.950-5.970 EPS. Q4 2026 guidance at 1.480-1.490 EPS. As a group, analysts predict that Zoom Communications will post 2.93 EPS for the current fiscal year.

Insider Buying and Selling

In other Zoom Communications news, Director Santiago Subotovsky sold 2,475 shares of the firm’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $84.15, for a total transaction of $208,271.25. Following the completion of the sale, the director directly owned 150,169 shares in the company, valued at approximately $12,636,721.35. This trade represents a 1.62% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Eric S. Yuan sold 73,378 shares of the firm’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $82.73, for a total value of $6,070,561.94. The SEC filing for this sale provides additional information. Insiders sold 389,373 shares of company stock worth $32,311,579 in the last ninety days. Insiders own 11.51% of the company’s stock.

Hedge Funds Weigh In On Zoom Communications

Several hedge funds and other institutional investors have recently modified their holdings of ZM. SouthState Corp bought a new stake in Zoom Communications during the first quarter worth about $25,000. Elevation Point Wealth Partners LLC acquired a new position in shares of Zoom Communications during the second quarter valued at $27,000. REAP Financial Group LLC boosted its stake in shares of Zoom Communications by 181.7% in the 2nd quarter. REAP Financial Group LLC now owns 355 shares of the company’s stock valued at $28,000 after purchasing an additional 229 shares during the last quarter. GKV Capital Management Co. Inc. acquired a new stake in Zoom Communications during the 1st quarter worth $31,000. Finally, FNY Investment Advisers LLC acquired a new stake in shares of Zoom Communications during the second quarter worth $31,000. Institutional investors own 66.54% of the company’s stock.

About Zoom Communications

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.