Zacks Research Has Optimistic Outlook of ZM Q2 Earnings

Zoom Video Communications, Inc. (NASDAQ:ZM) – Equities research analysts at Zacks Research increased their Q2 2026 earnings per share estimates for shares of Zoom Video Communications in a research note issued on Tuesday, June 10th. Zacks Research analyst R. Department now forecasts that the company will post earnings of $0.77 per share for the quarter, up from their previous forecast of $0.72. The consensus estimate for Zoom Video Communications’ current full-year earnings is $2.93 per share. Zacks Research also issued estimates for Zoom Video Communications’ Q3 2026 earnings at $0.78 EPS, Q4 2026 earnings at $0.80 EPS, FY2026 earnings at $3.26 EPS, Q1 2027 earnings at $0.79 EPS, Q2 2027 earnings at $0.78 EPS, Q3 2027 earnings at $0.80 EPS, Q4 2027 earnings at $0.82 EPS, FY2027 earnings at $3.19 EPS, Q1 2028 earnings at $0.83 EPS and FY2028 earnings at $3.35 EPS.

ZM has been the subject of a number of other reports. KeyCorp initiated coverage on Zoom Video Communications in a report on Friday, June 6th. They issued an “underweight” rating and a $73.00 price target for the company. Piper Sandler boosted their price target on Zoom Video Communications from $77.00 to $85.00 and gave the company a “neutral” rating in a report on Thursday, May 22nd. Mizuho lowered their price target on Zoom Video Communications from $105.00 to $71.00 and set an “outperform” rating for the company in a report on Tuesday, April 15th. Rosenblatt Securities boosted their price target on Zoom Video Communications from $90.00 to $100.00 and gave the company a “buy” rating in a report on Thursday, May 22nd. Finally, Scotiabank upped their price objective on Zoom Video Communications from $75.00 to $85.00 and gave the stock a “sector perform” rating in a research note on Friday, May 16th. One equities research analyst has rated the stock with a sell rating, fifteen have issued a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $87.00.

Zoom Video Communications Trading Down 1.0%

Shares of NASDAQ ZM opened at $76.63 on Friday. Zoom Video Communications has a twelve month low of $55.06 and a twelve month high of $92.80. The company has a market capitalization of $23.18 billion, a price-to-earnings ratio of 25.54, a price-to-earnings-growth ratio of 5.48 and a beta of 0.71. The business has a 50 day simple moving average of $77.64 and a 200-day simple moving average of $79.43.

Zoom Video Communications (NASDAQ:ZM) last issued its quarterly earnings results on Wednesday, May 21st. The company reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.30 by $0.13. Zoom Video Communications had a return on equity of 10.98% and a net margin of 20.34%. The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.17 billion. During the same period in the previous year, the business earned $1.35 EPS. The business’s quarterly revenue was up 2.9% on a year-over-year basis.

Institutional Investors Weigh In On Zoom Video Communications

Several hedge funds have recently bought and sold shares of ZM. Wayfinding Financial LLC purchased a new stake in Zoom Video Communications in the 1st quarter worth about $25,000. SouthState Corp purchased a new stake in shares of Zoom Video Communications during the 1st quarter worth about $25,000. MassMutual Private Wealth & Trust FSB raised its stake in shares of Zoom Video Communications by 177.0% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 385 shares of the company’s stock worth $28,000 after purchasing an additional 246 shares in the last quarter. Parkside Financial Bank & Trust raised its stake in shares of Zoom Video Communications by 277.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 351 shares of the company’s stock worth $29,000 after purchasing an additional 258 shares in the last quarter. Finally, Raiffeisen Bank International AG purchased a new stake in shares of Zoom Video Communications during the 4th quarter worth about $30,000. 66.54% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Velchamy Sankarlingam sold 2,595 shares of the stock in a transaction on Tuesday, June 10th. The stock was sold at an average price of $80.26, for a total value of $208,274.70. Following the completion of the transaction, the insider now owns 126,393 shares in the company, valued at $10,144,302.18. This trade represents a 2.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Santiago Subotovsky sold 2,475 shares of the stock in a transaction on 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 transaction, the director now owns 169,452 shares of the company’s stock, valued at $13,193,532.72. This trade represents a 1.44% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 96,671 shares of company stock worth $7,078,546 over the last 90 days. 11.51% of the stock is currently owned by company insiders.

About Zoom Video Communications

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.