Zoom Communications, Inc. (NASDAQ:ZM) Receives $91.74 Average Price Target from Brokerages

Zoom Communications, Inc. (NASDAQ:ZM) has been given an average recommendation of “Hold” by the twenty-nine analysts that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, fifteen have given a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $91.7391.

A number of analysts have recently issued reports on the stock. Cantor Fitzgerald reissued a “neutral” rating and issued a $87.00 price target on shares of Zoom Communications in a research report on Thursday, September 18th. UBS Group initiated coverage on shares of Zoom Communications in a research report on Monday. They set a “neutral” rating and a $85.00 price objective on the stock. Wedbush reaffirmed an “outperform” rating and set a $95.00 price objective on shares of Zoom Communications in a research report on Friday, August 22nd. JMP Securities reaffirmed a “market perform” rating on shares of Zoom Communications in a research report on Thursday, September 18th. Finally, Piper Sandler reaffirmed a “neutral” rating and set a $85.00 price objective on shares of Zoom Communications in a research report on Friday, August 22nd.

Zoom Communications Price Performance

NASDAQ ZM opened at $81.91 on Friday. The company has a 50 day simple moving average of $80.79 and a 200-day simple moving average of $77.96. The firm has a market capitalization of $24.78 billion, a price-to-earnings ratio of 21.61, a price-to-earnings-growth ratio of 10.92 and a beta of 0.78. Zoom Communications has a 52-week low of $64.41 and a 52-week high of $92.80.

Zoom Communications (NASDAQ:ZM) last posted its quarterly earnings results on Thursday, August 21st. The company reported $0.99 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.39). The company had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.20 billion. Zoom Communications had a return on equity of 11.91% and a net margin of 24.99%.Zoom Communications’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period last year, the company earned $1.39 earnings per share. Zoom Communications has set its FY 2026 guidance at 5.810-5.840 EPS. Q3 2026 guidance at 1.420-1.44 EPS. On average, analysts predict that Zoom Communications will post 2.93 EPS for the current year.

Insider Activity

In related news, COO Aparna Bawa sold 10,528 shares of the firm’s stock in a transaction that occurred on Thursday, October 16th. The shares were sold at an average price of $79.77, for a total transaction of $839,818.56. Following the transaction, the chief operating officer owned 1,978 shares of the company’s stock, valued at approximately $157,785.06. This trade represents a 84.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Eric S. Yuan sold 33,692 shares of the firm’s stock in a transaction that occurred on Monday, October 13th. The shares were sold at an average price of $79.76, for a total transaction of $2,687,273.92. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 98,856 shares of company stock valued at $8,009,892. 10.78% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Zoom Communications

Institutional investors have recently modified their holdings of the company. Principal Financial Group Inc. raised its position in shares of Zoom Communications by 18.5% in the first quarter. Principal Financial Group Inc. now owns 175,918 shares of the company’s stock valued at $12,977,000 after purchasing an additional 27,430 shares during the period. Cambridge Investment Research Advisors Inc. grew its stake in shares of Zoom Communications by 15.5% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 11,928 shares of the company’s stock worth $880,000 after acquiring an additional 1,601 shares during the last quarter. Yousif Capital Management LLC grew its stake in shares of Zoom Communications by 31.9% in the first quarter. Yousif Capital Management LLC now owns 4,453 shares of the company’s stock worth $328,000 after acquiring an additional 1,076 shares during the last quarter. Spire Wealth Management grew its stake in shares of Zoom Communications by 990.6% in the first quarter. Spire Wealth Management now owns 1,396 shares of the company’s stock worth $103,000 after acquiring an additional 1,268 shares during the last quarter. Finally, Circle Wealth Management LLC grew its stake in shares of Zoom Communications by 201.6% in the first quarter. Circle Wealth Management LLC now owns 20,391 shares of the company’s stock worth $1,504,000 after acquiring an additional 13,629 shares during the last quarter. Institutional investors own 66.54% of the company’s stock.

Zoom 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.