Zoom Communications, Inc. (NASDAQ:ZM) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Zoom Communications, Inc. (NASDAQ:ZMGet Free Report) have earned an average rating of “Moderate Buy” from the twenty-seven research firms that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, twelve have issued a hold recommendation, thirteen have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among analysts that have covered the stock in the last year is $93.8182.

Several analysts have recently commented on the company. Rosenblatt Securities reaffirmed a “buy” rating and issued a $115.00 target price on shares of Zoom Communications in a research report on Tuesday, November 25th. Jefferies Financial Group increased their price objective on Zoom Communications from $100.00 to $105.00 and gave the stock a “buy” rating in a research note on Tuesday, November 25th. William Blair restated an “outperform” rating on shares of Zoom Communications in a research report on Tuesday, September 30th. Citigroup raised Zoom Communications from a “neutral” rating to a “buy” rating and lifted their target price for the company from $94.00 to $106.00 in a research note on Monday, January 12th. Finally, Wedbush reissued an “outperform” rating and issued a $95.00 price target on shares of Zoom Communications in a research report on Tuesday, November 25th.

Read Our Latest Stock Report on ZM

Insider Transactions at Zoom Communications

In other news, Director Santiago Subotovsky sold 2,475 shares of the business’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $86.01, for a total transaction of $212,874.75. Following the transaction, the director directly owned 145,219 shares in the company, valued at $12,490,286.19. The trade was a 1.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Velchamy Sankarlingam sold 7,568 shares of the stock in a transaction on Monday, January 12th. The stock was sold at an average price of $86.55, for a total value of $655,010.40. Following the sale, the insider owned 136,182 shares of the company’s stock, valued at approximately $11,786,552.10. This represents a 5.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 317,745 shares of company stock worth $27,002,595. 10.78% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of ZM. Candriam S.C.A. grew its stake in shares of Zoom Communications by 49.4% in the second quarter. Candriam S.C.A. now owns 16,560 shares of the company’s stock worth $1,291,000 after acquiring an additional 5,477 shares during the last quarter. Catalyst Funds Management Pty Ltd bought a new stake in Zoom Communications in the 2nd quarter valued at $1,248,000. Shelton Capital Management grew its position in Zoom Communications by 519.3% in the 2nd quarter. Shelton Capital Management now owns 215,500 shares of the company’s stock worth $16,805,000 after purchasing an additional 180,700 shares during the last quarter. Brighton Jones LLC acquired a new stake in Zoom Communications in the 2nd quarter worth $817,000. Finally, Norges Bank bought a new position in shares of Zoom Communications during the 2nd quarter worth about $539,998,000. 66.54% of the stock is owned by institutional investors and hedge funds.

Zoom Communications Price Performance

ZM stock opened at $85.78 on Monday. The firm has a market capitalization of $25.40 billion, a P/E ratio of 16.69, a P/E/G ratio of 7.71 and a beta of 0.87. Zoom Communications has a 52-week low of $64.41 and a 52-week high of $91.43. The company’s 50 day simple moving average is $85.27 and its 200-day simple moving average is $81.66.

Zoom Communications (NASDAQ:ZMGet Free Report) last posted its quarterly earnings data on Monday, November 24th. The company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.08. Zoom Communications had a net margin of 33.17% and a return on equity of 12.20%. The firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.21 billion. During the same quarter last year, the business posted $1.38 EPS. The company’s revenue was up 4.4% on a year-over-year basis. Zoom Communications has set its FY 2026 guidance at 5.950-5.970 EPS and its Q4 2026 guidance at 1.480-1.490 EPS. Sell-side analysts predict that Zoom Communications will post 2.93 EPS for the current fiscal year.

Zoom Communications Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Zoom Communications (NASDAQ:ZM)

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