Zoom Communications, Inc. (NASDAQ:ZM) Receives Consensus Rating of “Hold” from Analysts

Shares of Zoom Communications, Inc. (NASDAQ:ZM) have been given an average recommendation of “Hold” by the twenty-eight ratings firms that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and fourteen have given a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $95.3182.

A number of equities analysts have recently issued reports on the company. BTIG Research cut their target price on Zoom Communications from $105.00 to $100.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. Sanford C. Bernstein dropped their price objective on Zoom Communications from $90.00 to $88.00 and set a “market perform” rating on the stock in a report on Thursday, February 26th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $87.00 price objective on shares of Zoom Communications in a research report on Tuesday, November 25th. Wall Street Zen downgraded Zoom Communications from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. Finally, Citizens Jmp restated a “market perform” rating on shares of Zoom Communications in a research report on Tuesday, February 24th.

Insider Transactions at Zoom Communications

In related news, Director Santiago Subotovsky sold 2,475 shares of the business’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $77.42, for a total transaction of $191,614.50. Following the sale, the director owned 153,442 shares of the company’s stock, valued at approximately $11,879,479.64. The trade was a 1.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Velchamy Sankarlingam sold 2,590 shares of the company’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $78.24, for a total transaction of $202,641.60. Following the transaction, the insider owned 137,044 shares in the company, valued at $10,722,322.56. The trade was a 1.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 109,706 shares of company stock valued at $9,299,555. 10.78% of the stock is owned by company insiders.

Institutional Investors Weigh In On Zoom Communications

A number of institutional investors and hedge funds have recently modified their holdings of the company. Corient Private Wealth LLC raised its holdings in Zoom Communications by 32.4% during the fourth quarter. Corient Private Wealth LLC now owns 73,041 shares of the company’s stock worth $6,303,000 after purchasing an additional 17,875 shares during the last quarter. Hsbc Holdings PLC grew its holdings in Zoom Communications by 43.6% in the fourth quarter. Hsbc Holdings PLC now owns 422,470 shares of the company’s stock valued at $36,460,000 after purchasing an additional 128,174 shares during the last quarter. Wick Capital Partners LLC purchased a new position in shares of Zoom Communications in the fourth quarter valued at $373,000. Kera Capital Partners Inc. increased its position in shares of Zoom Communications by 65.6% in the fourth quarter. Kera Capital Partners Inc. now owns 15,205 shares of the company’s stock valued at $1,400,000 after buying an additional 6,024 shares in the last quarter. Finally, Virtu Financial LLC acquired a new position in shares of Zoom Communications during the 4th quarter worth $554,000. Institutional investors and hedge funds own 66.54% of the company’s stock.

Zoom Communications Stock Performance

ZM stock opened at $74.96 on Tuesday. The stock has a market capitalization of $22.20 billion, a PE ratio of 12.09, a price-to-earnings-growth ratio of 4.24 and a beta of 0.93. The company has a fifty day moving average of $85.18 and a 200-day moving average of $84.52. Zoom Communications has a one year low of $64.41 and a one year high of $97.58.

Zoom Communications (NASDAQ:ZM) last issued its quarterly earnings results on Wednesday, February 25th. The company reported $1.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.04). The firm had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.23 billion. Zoom Communications had a return on equity of 11.88% and a net margin of 39.03%.The company’s revenue was up 5.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.41 earnings per share. Zoom Communications has set its FY 2027 guidance at 5.770-5.810 EPS and its Q1 2027 guidance at 1.400-1.420 EPS. Equities analysts forecast that Zoom Communications will post 2.93 earnings per share for the current fiscal year.

Zoom Communications Company Profile

Zoom Video Communications, Inc (commonly referred to as Zoom) is a provider of cloud-based communications and collaboration solutions. The company’s platform supports video conferencing, voice calling, instant messaging, webinars and large-scale virtual events, and meeting room systems, marketed to businesses, educational institutions, government organizations and individual users. Zoom’s product lineup includes Zoom Meetings, Zoom Phone, Zoom Rooms, Zoom Video Webinars and Zoom Chat, and the company offers integrations and extensions through a developer marketplace and third-party apps.

Founded in 2011 by Eric S.