Zoom Communications (NASDAQ:ZM) Given New $107.00 Price Target at Piper Sandler

Zoom Communications (NASDAQ:ZM) had its target price boosted by Piper Sandler from $91.00 to $107.00 in a report issued on Friday morning, MarketBeat Ratings reports. They currently have a neutral rating on the stock.

A number of other research firms also recently issued reports on ZM. Argus raised shares of Zoom Communications to a “hold” rating in a report on Monday, March 9th. Citizens Jmp reaffirmed a “market perform” rating on shares of Zoom Communications in a report on Wednesday. Jefferies Financial Group lifted their price objective on shares of Zoom Communications from $105.00 to $118.00 and gave the stock a “buy” rating in a report on Friday. Wall Street Zen downgraded shares of Zoom Communications from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. Finally, Citigroup lifted their price objective on shares of Zoom Communications from $106.00 to $122.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Fourteen equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $107.95.

Zoom Communications Stock Performance

NASDAQ ZM opened at $105.64 on Friday. Zoom Communications has a 52-week low of $69.15 and a 52-week high of $113.73. The company has a market capitalization of $31.13 billion, a P/E ratio of 15.51, a P/E/G ratio of 5.54 and a beta of 1.00. The company has a fifty day moving average of $88.73 and a 200-day moving average of $86.72.

Zoom Communications (NASDAQ:ZM) last posted its quarterly earnings data on Thursday, May 21st. The company reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.42 by $0.13. Zoom Communications had a net margin of 41.99% and a return on equity of 12.06%. The company had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the previous year, the firm posted $1.43 EPS. The firm’s revenue was up 5.5% compared to the same quarter last year. 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, analysts forecast that Zoom Communications will post 3.94 EPS for the current fiscal year.

Insider Buying and Selling at Zoom Communications

In other Zoom Communications news, insider Velchamy Sankarlingam sold 7,645 shares of the company’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $85.44, for a total transaction of $653,188.80. Following the transaction, the insider owned 141,971 shares in the company, valued at approximately $12,130,002.24. This represents a 5.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Michelle Chang sold 8,489 shares of the stock in a transaction that occurred on Friday, April 10th. The stock was sold at an average price of $81.32, for a total value of $690,325.48. Following the completion of the transaction, the chief financial officer directly owned 30,467 shares of the company’s stock, valued at $2,477,576.44. This represents a 21.79% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 144,329 shares of company stock worth $12,364,989 over the last three months. 11.51% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

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

More Zoom Communications News

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

• Positive Sentiment: Zoom beat fiscal Q1 expectations, posting EPS of $1.55 versus the $1.41 consensus and revenue of $1.24 billion versus $1.22 billion expected, with revenue up 5.5% year over year. Zoom Communications Reports Financial Results for the First Quarter of Fiscal Year 2027
• Positive Sentiment: The company lifted FY2027 guidance, now targeting EPS of $5.96-$6.00, above prior expectations, which signals management confidence in continued margin and profit expansion. Zoom Raises FY2027 Outlook After 184% Paid AI User Growth
• Positive Sentiment: AI momentum was a key driver, with paid AI users surging 184% and enterprise revenue rising 7.2%, suggesting Zoom is successfully expanding beyond basic video conferencing into higher-value enterprise tools. Zoom raises annual forecasts, banks on AI features to drive demand
• Positive Sentiment: Several Wall Street firms raised price targets after the results, including RBC, Rosenblatt, Needham, BTIG, Mizuho, Benchmark, and Piper Sandler, reflecting improved sentiment around Zoom’s growth outlook. These Analysts Increase Their Forecasts On Zoom After Upbeat Q1 Results
• Neutral Sentiment: Zoom also reported a modest uptick in churn and competitive pressure, which investors may continue to monitor even as the broader earnings picture remains strong. 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.