Zoom Communications (NASDAQ:ZM) Price Target Raised to $107.00

Zoom Communications (NASDAQ:ZM) had its price target upped by investment analysts at Piper Sandler from $91.00 to $107.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. Piper Sandler’s price objective would suggest a potential upside of 10.59% from the stock’s current price.

ZM has been the topic of a number of other reports. Sanford C. Bernstein lowered their price objective on Zoom Communications from $90.00 to $88.00 and set a “market perform” rating on the stock in a research report on Thursday, February 26th. Zacks Research cut Zoom Communications from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 13th. Weiss Ratings raised Zoom Communications from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 1st. Mizuho lifted their price objective on Zoom Communications from $100.00 to $120.00 and gave the company an “outperform” rating in a research report on Friday. Finally, Citigroup lifted their price objective on Zoom Communications from $106.00 to $122.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Fourteen analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat, Zoom Communications has a consensus rating of “Moderate Buy” and a consensus price target of $103.45.

Zoom Communications Stock Performance

Shares of NASDAQ:ZM opened at $96.75 on Friday. The stock has a market capitalization of $28.51 billion, a price-to-earnings ratio of 15.60, a PEG ratio of 5.69 and a beta of 1.00. The stock’s 50-day simple moving average is $88.14 and its two-hundred day simple moving average is $86.59. Zoom Communications has a 52-week low of $69.15 and a 52-week high of $111.56.

Zoom Communications (NASDAQ:ZM) last announced its earnings results on Thursday, May 21st. The company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.41 by $0.14. The business had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.22 billion. Zoom Communications had a return on equity of 11.88% and a net margin of 39.03%.The business’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period last year, the firm posted $1.43 earnings per share. Zoom Communications has set its FY 2027 guidance at 5.960-6.000 EPS and its Q2 2027 guidance at 1.450-1.470 EPS. As a group, equities analysts forecast that Zoom Communications will post 3.94 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Zoom Communications news, CEO Eric S. Yuan sold 12,100 shares of Zoom Communications stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $106.60, for a total value of $1,289,860.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Santiago Subotovsky sold 5,274 shares of Zoom Communications stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $106.58, for a total value of $562,102.92. Following the completion of the sale, the director directly owned 142,882 shares in the company, valued at approximately $15,228,363.56. The trade was a 3.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 144,329 shares of company stock worth $12,364,989. Insiders own 11.51% of the company’s stock.

Institutional Trading of Zoom Communications

Large investors have recently added to or reduced their stakes in the company. Advocate Investing Services LLC bought a new position in shares of Zoom Communications during the 4th quarter valued at approximately $26,000. Strive Financial Group LLC bought a new position in shares of Zoom Communications during the 4th quarter valued at approximately $27,000. Toth Financial Advisory Corp bought a new position in shares of Zoom Communications during the 4th quarter valued at approximately $28,000. Rexford Capital Inc. increased its position in shares of Zoom Communications by 45.7% during the 1st quarter. Rexford Capital Inc. now owns 389 shares of the company’s stock valued at $31,000 after purchasing an additional 122 shares during the last quarter. Finally, Root Financial Partners LLC bought a new position in shares of Zoom Communications during the 3rd quarter valued at approximately $33,000. Institutional investors own 66.54% of the company’s stock.

Zoom Communications News Summary

Here are the key news stories impacting Zoom Communications this week:

• Positive Sentiment: Zoom reported first-quarter EPS of $1.55, ahead of consensus, and revenue of about $1.24 billion, also topping estimates, suggesting demand held up better than expected. Zoom Communications (ZM) Q1 Earnings and Revenues Top Estimates
• Positive Sentiment: Zoom raised full-year and next-quarter guidance, signaling management confidence that AI features and enterprise demand can support further growth and profitability. Zoom raises annual forecasts, banks on AI features to drive demand
• Positive Sentiment: Enterprise revenue rose 7.2% year over year, and the enterprise net dollar expansion rate improved to 99%, indicating healthier customer retention and cross-sell momentum. Zoom Communications Inc (ZM) Q1 2027 Earnings Call Highlights: Strong Revenue Growth and AI …
• Neutral Sentiment: Several previews and earnings recap articles focused on the same results, reinforcing the market’s attention on the quarter rather than introducing new catalysts. Zoom (ZM) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
• Negative Sentiment: Management noted ongoing competitive pressure and a slight uptick in churn, which could limit how much upside investors assign to the growth story. Zoom Communications Inc (ZM) Q1 2027 Earnings Call Highlights: Strong Revenue Growth and AI …

About Zoom Communications

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.