Wedbush Brokers Increase Earnings Estimates for ZM

Zoom Video Communications, Inc. (NASDAQ:ZM) – Wedbush lifted their Q2 2026 earnings per share estimates for Zoom Video Communications in a report released on Tuesday, November 26th. Wedbush analyst D. Ives now expects that the company will post earnings of $0.63 per share for the quarter, up from their previous estimate of $0.61. Wedbush currently has a “Outperform” rating and a $85.00 price target on the stock. The consensus estimate for Zoom Video Communications’ current full-year earnings is $2.77 per share.

A number of other equities research analysts have also issued reports on ZM. Mizuho upped their price objective on shares of Zoom Video Communications from $90.00 to $105.00 and gave the company an “outperform” rating in a report on Tuesday. Rosenblatt Securities reissued a “buy” rating and issued a $78.00 price target on shares of Zoom Video Communications in a research note on Friday, November 22nd. Morgan Stanley lifted their price target on shares of Zoom Video Communications from $68.00 to $86.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 13th. Scotiabank upgraded Zoom Video Communications to a “hold” rating in a research report on Tuesday, November 19th. Finally, Barclays lifted their target price on Zoom Video Communications from $70.00 to $85.00 and gave the company an “equal weight” rating in a research report on Wednesday. Two investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $85.19.

Zoom Video Communications Price Performance

ZM stock opened at $82.69 on Thursday. Zoom Video Communications has a 1 year low of $55.06 and a 1 year high of $92.80. The firm has a market capitalization of $25.45 billion, a PE ratio of 27.56, a price-to-earnings-growth ratio of 5.69 and a beta of -0.05. The business has a 50 day simple moving average of $75.22 and a 200-day simple moving average of $66.30.

Insider Buying and Selling

In other Zoom Video Communications news, CEO Eric S. Yuan sold 178,571 shares of the company’s stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $76.91, for a total value of $13,733,895.61. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Shane Crehan sold 1,550 shares of Zoom Video Communications stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $66.87, for a total value of $103,648.50. Following the sale, the chief accounting officer now owns 1,463 shares in the company, valued at $97,830.81. This trade represents a 51.44 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 367,108 shares of company stock worth $26,796,191 over the last 90 days. 10.78% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Baker Avenue Asset Management LP lifted its position in Zoom Video Communications by 82.1% in the third quarter. Baker Avenue Asset Management LP now owns 28,593 shares of the company’s stock valued at $1,994,000 after purchasing an additional 12,890 shares during the period. Sanctuary Advisors LLC purchased a new position in shares of Zoom Video Communications in the second quarter valued at $763,000. Robeco Institutional Asset Management B.V. raised its stake in shares of Zoom Video Communications by 15.4% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,257,714 shares of the company’s stock worth $87,713,000 after buying an additional 167,618 shares during the last quarter. National Pension Service boosted its position in shares of Zoom Video Communications by 30.1% in the 3rd quarter. National Pension Service now owns 655,227 shares of the company’s stock worth $45,696,000 after buying an additional 151,728 shares in the last quarter. Finally, Eagle Asset Management Inc. acquired a new stake in Zoom Video Communications in the 3rd quarter valued at about $62,038,000. 66.54% of the stock is owned by hedge funds and other institutional investors.

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.