Zoom Video Communications (NASDAQ:ZM) Updates Q2 2026 Earnings Guidance

Zoom Video Communications (NASDAQ:ZM) updated its second quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 1.360-1.370 for the period, compared to the consensus earnings per share estimate of 1.340. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion. Zoom Video Communications also updated its FY 2026 guidance to 5.560-5.590 EPS.

Analyst Upgrades and Downgrades

Several brokerages have commented on ZM. Rosenblatt Securities restated a “buy” rating and set a $90.00 price objective on shares of Zoom Video Communications in a research note on Thursday, May 8th. Wells Fargo & Company decreased their price objective on shares of Zoom Video Communications from $85.00 to $75.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 22nd. Mizuho decreased their target price on shares of Zoom Video Communications from $105.00 to $71.00 and set an “outperform” rating for the company in a research note on Tuesday, April 15th. UBS Group lowered their price target on shares of Zoom Video Communications from $90.00 to $85.00 and set a “neutral” rating on the stock in a report on Tuesday, February 25th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Zoom Video Communications in a report on Tuesday, February 25th. Fifteen equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $86.33.

Zoom Video Communications Stock Performance

NASDAQ:ZM opened at $82.27 on Thursday. The company has a fifty day moving average of $75.78 and a two-hundred day moving average of $79.70. The stock has a market capitalization of $25.11 billion, a PE ratio of 27.42, a P/E/G ratio of 5.48 and a beta of 0.79. Zoom Video Communications has a fifty-two week low of $55.06 and a fifty-two week high of $92.80.

Insiders Place Their Bets

In other news, Director Santiago Subotovsky sold 2,475 shares of the stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $77.86, for a total value of $192,703.50. Following the completion of the sale, the director now directly owns 169,452 shares in the company, valued at $13,193,532.72. This represents a 1.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Velchamy Sankarlingam sold 11,839 shares of the stock in a transaction dated Tuesday, April 15th. The shares were sold at an average price of $71.91, for a total transaction of $851,342.49. Following the completion of the sale, the insider now owns 125,529 shares of the company’s stock, valued at $9,026,790.39. This trade represents a 8.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 164,515 shares of company stock worth $12,132,994. Company insiders own 11.51% of the company’s stock.

Institutional Investors Weigh In On Zoom Video Communications

A number of hedge funds have recently modified their holdings of ZM. NewEdge Advisors LLC grew its holdings in shares of Zoom Video Communications by 16.8% in the first quarter. NewEdge Advisors LLC now owns 8,009 shares of the company’s stock valued at $591,000 after purchasing an additional 1,153 shares during the period. Intech Investment Management LLC grew its holdings in shares of Zoom Video Communications by 59.1% in the first quarter. Intech Investment Management LLC now owns 16,785 shares of the company’s stock valued at $1,238,000 after purchasing an additional 6,235 shares during the period. Finally, Geneos Wealth Management Inc. grew its holdings in shares of Zoom Video Communications by 82.0% in the first quarter. Geneos Wealth Management Inc. now owns 881 shares of the company’s stock valued at $65,000 after purchasing an additional 397 shares during the period. 66.54% of the stock is currently owned by institutional investors and hedge funds.

Zoom Video 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.