Zoom Communications, Inc. (NASDAQ:ZM) Receives $93.82 Consensus Target Price from Analysts

Zoom Communications, Inc. (NASDAQ:ZM) has received a consensus recommendation of “Moderate Buy” from the twenty-seven brokerages that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, twelve have issued a hold recommendation, thirteen have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $93.8182.

Several equities analysts have recently weighed in on the stock. Needham & Company LLC reissued a “buy” rating and issued a $100.00 price target on shares of Zoom Communications in a research note on Tuesday, November 25th. Weiss Ratings restated a “buy (b-)” rating on shares of Zoom Communications in a report on Monday, December 29th. Royal Bank Of Canada restated an “outperform” rating and issued a $100.00 price target on shares of Zoom Communications in a research report on Tuesday, November 25th. JPMorgan Chase & Co. lifted their price objective on Zoom Communications from $85.00 to $90.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 25th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $115.00 price objective on shares of Zoom Communications in a research note on Tuesday, November 25th.

Insider Activity

In other news, COO Aparna Bawa sold 12,137 shares of the stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $81.37, for a total value of $987,587.69. Following the completion of the sale, the chief operating officer owned 1,978 shares of the company’s stock, valued at $160,949.86. This represents a 85.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Michelle Chang sold 8,417 shares of Zoom Communications stock in a transaction that occurred on Monday, January 12th. The shares were sold at an average price of $86.54, for a total transaction of $728,407.18. Following the sale, the chief financial officer directly owned 25,482 shares in the company, valued at approximately $2,205,212.28. The trade was a 24.83% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 317,745 shares of company stock worth $27,002,595. Insiders own 11.51% of the company’s stock.

Institutional Investors Weigh In On Zoom Communications

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. New York State Teachers Retirement System grew its holdings in shares of Zoom Communications by 0.5% during the 4th quarter. New York State Teachers Retirement System now owns 24,263 shares of the company’s stock worth $2,094,000 after purchasing an additional 123 shares during the period. Wynn Capital LLC boosted 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 buying an additional 130 shares during the period. MAI Capital Management increased its position in shares of Zoom Communications by 34.7% during the third quarter. MAI Capital Management now owns 579 shares of the company’s stock valued at $48,000 after acquiring an additional 149 shares during the last quarter. Penserra Capital Management LLC raised its stake in shares of Zoom Communications by 12.6% in the 2nd quarter. Penserra Capital Management LLC now owns 1,446 shares of the company’s stock valued at $111,000 after acquiring an additional 162 shares during the period. Finally, Harrington Investments INC lifted its holdings in shares of Zoom Communications by 1.1% in the 4th quarter. Harrington Investments INC now owns 16,174 shares of the company’s stock worth $1,396,000 after acquiring an additional 169 shares during the last quarter. Hedge funds and other institutional investors own 66.54% of the company’s stock.

Zoom Communications Price Performance

Shares of Zoom Communications stock opened at $92.10 on Monday. The stock has a market capitalization of $27.27 billion, a P/E ratio of 17.92, a PEG ratio of 8.32 and a beta of 0.87. The business has a 50 day simple moving average of $86.67 and a two-hundred day simple moving average of $82.25. Zoom Communications has a 12 month low of $64.41 and a 12 month high of $97.58.

Zoom Communications (NASDAQ:ZM) last issued 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. The firm had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.21 billion. Zoom Communications had a return on equity of 12.20% and a net margin of 33.17%.The firm’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.38 earnings per share. Zoom Communications has set its FY 2026 guidance at 5.950-5.970 EPS and its Q4 2026 guidance at 1.480-1.490 EPS. As a group, research analysts anticipate that Zoom Communications will post 2.93 EPS 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.