Zoom Communications (NASDAQ:ZM) Research Coverage Started at UBS Group

UBS Group started coverage on shares of Zoom Communications (NASDAQ:ZM) in a report released on Monday, MarketBeat Ratings reports. The brokerage issued a neutral rating and a $85.00 price target on the stock.

Several other brokerages also recently weighed in on ZM. Wall Street Zen raised shares of Zoom Communications from a “buy” rating to a “strong-buy” rating in a report on Sunday, September 28th. William Blair reaffirmed an “outperform” rating on shares of Zoom Communications in a report on Tuesday, September 30th. Benchmark lifted their target price on shares of Zoom Communications from $102.00 to $110.00 and gave the company a “buy” rating in a report on Thursday, September 18th. KeyCorp lowered their target price on shares of Zoom Communications from $73.00 to $69.00 and set an “underweight” rating on the stock in a report on Friday, August 22nd. Finally, Mizuho lifted their target price on shares of Zoom Communications from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Tuesday, August 26th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Zoom Communications presently has an average rating of “Hold” and an average target price of $91.74.

Zoom Communications Stock Performance

Shares of Zoom Communications stock opened at $82.01 on Monday. Zoom Communications has a 1 year low of $64.41 and a 1 year high of $92.80. The company has a market capitalization of $24.81 billion, a P/E ratio of 21.64, a PEG ratio of 11.41 and a beta of 0.78. The company’s fifty day moving average is $81.25 and its two-hundred day moving average is $78.03.

Zoom Communications (NASDAQ:ZM) last issued its quarterly earnings data on Thursday, August 21st. The company reported $0.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.38 by ($0.39). Zoom Communications had a return on equity of 11.91% and a net margin of 24.99%.The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.20 billion. During the same period in the previous year, the business posted $1.39 earnings per share. The company’s revenue for the quarter was up 4.7% on a year-over-year basis. Zoom Communications has set its FY 2026 guidance at 5.810-5.840 EPS. Q3 2026 guidance at 1.420-1.44 EPS. As a group, equities analysts expect that Zoom Communications will post 2.93 earnings per share for the current year.

Insider Activity

In related news, Director Santiago Subotovsky sold 2,475 shares of the business’s stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $80.78, for a total transaction of $199,930.50. Following the sale, the director owned 152,644 shares of the company’s stock, valued at approximately $12,330,582.32. The trade was a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, COO Aparna Bawa sold 10,528 shares of the business’s stock in a transaction dated Thursday, October 16th. The stock was sold at an average price of $79.77, for a total transaction of $839,818.56. Following the sale, the chief operating officer directly owned 1,978 shares in the company, valued at approximately $157,785.06. This represents a 84.18% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 98,856 shares of company stock valued at $8,009,892 in the last quarter. Insiders own 11.51% of the company’s stock.

Institutional Trading of Zoom Communications

Institutional investors have recently added to or reduced their stakes in the stock. Principal Financial Group Inc. boosted its holdings in Zoom Communications by 18.5% during the first quarter. Principal Financial Group Inc. now owns 175,918 shares of the company’s stock worth $12,977,000 after buying an additional 27,430 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its position in Zoom Communications by 15.5% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 11,928 shares of the company’s stock worth $880,000 after acquiring an additional 1,601 shares during the last quarter. Spire Wealth Management raised its position in Zoom Communications by 990.6% during the first quarter. Spire Wealth Management now owns 1,396 shares of the company’s stock worth $103,000 after acquiring an additional 1,268 shares during the last quarter. Circle Wealth Management LLC raised its position in Zoom Communications by 201.6% during the first quarter. Circle Wealth Management LLC now owns 20,391 shares of the company’s stock worth $1,504,000 after acquiring an additional 13,629 shares during the last quarter. Finally, New York State Teachers Retirement System raised its position in Zoom Communications by 0.7% during the first quarter. New York State Teachers Retirement System now owns 24,298 shares of the company’s stock worth $1,792,000 after acquiring an additional 171 shares during the last quarter. Hedge funds and other institutional investors own 66.54% of the company’s stock.

About Zoom 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.