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

Shares of Zoom Communications, Inc. (NASDAQ:ZM) have received a consensus rating of “Moderate Buy” from the twenty-seven brokerages that are covering the company, MarketBeat Ratings reports. One 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 assigned a strong buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $93.8182.

Several equities analysts recently issued reports on ZM shares. Needham & Company LLC reissued a “buy” rating and set a $100.00 price target on shares of Zoom Communications in a report on Tuesday, November 25th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $100.00 price target on shares of Zoom Communications in a research report on Tuesday, November 25th. BTIG Research initiated coverage on shares of Zoom Communications in a report on Tuesday, December 16th. They issued a “buy” rating and a $105.00 price target for the company. Zacks Research upgraded Zoom Communications from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 31st. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Zoom Communications in a report on Monday, December 29th.

Insider Transactions at Zoom Communications

In other news, insider Velchamy Sankarlingam sold 7,568 shares of the business’s stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $86.55, for a total value of $655,010.40. Following the sale, the insider directly owned 136,182 shares in the company, valued at $11,786,552.10. The trade was a 5.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Aparna Bawa sold 12,137 shares of Zoom Communications stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $81.37, for a total transaction of $987,587.69. Following the completion of the sale, the chief operating officer owned 1,978 shares in the company, valued at $160,949.86. This trade represents a 85.99% 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 244,367 shares of company stock worth $20,681,080. 10.78% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Zoom Communications

A number of institutional investors have recently made changes to their positions in the company. Elevation Point Wealth Partners LLC bought a new position in Zoom Communications during the 2nd quarter worth $27,000. REAP Financial Group LLC increased its position in Zoom Communications by 181.7% during the second quarter. REAP Financial Group LLC now owns 355 shares of the company’s stock worth $28,000 after acquiring an additional 229 shares during the period. Toth Financial Advisory Corp bought a new position in Zoom Communications during the fourth quarter worth about $28,000. FNY Investment Advisers LLC acquired a new stake in Zoom Communications in the 2nd quarter worth about $31,000. Finally, Root Financial Partners LLC bought a new stake in Zoom Communications in the 3rd quarter valued at about $33,000. Institutional investors own 66.54% of the company’s stock.

Zoom Communications Price Performance

ZM stock opened at $92.10 on Monday. The company’s 50 day simple moving average is $86.67 and its 200-day simple moving average is $82.35. The firm has a market capitalization of $27.27 billion, a P/E ratio of 17.92, a P/E/G ratio of 8.27 and a beta of 0.90. Zoom Communications has a 52-week low of $64.41 and a 52-week high of $97.58.

Zoom Communications (NASDAQ:ZM) last announced its quarterly earnings data on Monday, November 24th. The company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.44 by $0.08. The firm had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.21 billion. Zoom Communications had a net margin of 33.17% and a return on equity of 12.20%. The firm’s revenue was up 4.4% on a year-over-year basis. During the same period in the previous year, the firm posted $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. Sell-side analysts predict 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.