Zoom Communications’ (ZM) Buy Rating Reiterated at Rosenblatt Securities

Posted by Geri Gentry on Oct 24th, 2026

Rosenblatt Securities reissued their buy rating on shares of Zoom Communications (NASDAQ:ZM – Free Report) in a report published on Wednesday morning,Benzinga reports. They currently have a $130.00 target price on the stock.

Several other research analysts have also issued reports on the company. Citizens Jmp reiterated a “market perform” rating on shares of Zoom Communications in a report on Wednesday, August 26th. BTIG Research restated a “buy” rating and set a $125.00 price objective on shares of Zoom Communications in a report on Monday, August 24th. Oppenheimer raised Zoom Communications from a “market perform” rating to an “outperform” rating and set a $130.00 target price on the stock in a research report on Wednesday. Sanford C. Bernstein reiterated a “market perform” rating and issued a $108.00 target price on shares of Zoom Communications in a report on Wednesday, August 26th. Finally, Morgan Stanley lifted their price target on shares of Zoom Communications from $105.00 to $107.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 26th. Sixteen research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $114.48.

View Our Latest Research Report on ZM

Zoom Communications Trading Down 0.4%

Shares of NASDAQ ZM opened at $95.77 on Wednesday. The firm’s 50-day moving average price is $96.29 and its 200-day moving average price is $95.10. Zoom Communications has a 1-year low of $70.70 and a 1-year high of $114.74. The firm has a market capitalization of $27.94 billion, a P/E ratio of 26.50, a P/E/G ratio of 4.27 and a beta of 1.03.

Zoom Communications (NASDAQ:ZM – Get Free Report) last released its quarterly earnings data on Tuesday, August 25th. The company reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.48 by $0.07. Zoom Communications had a net margin of 65.19% and a return on equity of 10.86%. The company had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.27 billion. During the same quarter in the prior year, the firm earned $1.53 EPS. The business’s revenue was up 4.9% on a year-over-year basis. Zoom Communications has set its FY 2027 guidance at 6.080-6.120 EPS and its Q3 2027 guidance at 1.460-1.480 EPS. Equities research analysts forecast that Zoom Communications will post 4.27 EPS for the current year.

Insider Buying and Selling

In related news, CFO Michelle Chang sold 10,156 shares of the company’s stock in a transaction dated Wednesday, October 21st. The shares were sold at an average price of $101.93, for a total value of $1,035,201.08. Following the sale, the chief financial officer owned 30,282 shares in the company, valued at $3,086,644.26. This represents a 25.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Santiago Subotovsky sold 3,812 shares of the firm’s stock in a transaction dated Wednesday, October 21st. The shares were sold at an average price of $100.56, for a total transaction of $383,334.72. Following the completion of the transaction, the director directly owned 117,974 shares in the company, valued at approximately $11,863,465.44. The trade was a 3.13% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 87,414 shares of company stock worth $8,580,692 over the last ninety days. Insiders own 8.83% of the company’s stock.

Institutional Trading of Zoom Communications

Several institutional investors and hedge funds have recently modified their holdings of ZM. Pacer Advisors Inc. lifted its holdings in shares of Zoom Communications by 10.8% in the first quarter. Pacer Advisors Inc. now owns 2,595,840 shares of the company’s stock valued at $208,680,000 after purchasing an additional 253,181 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Zoom Communications by 4.2% during the first quarter. Dimensional Fund Advisors LP now owns 2,352,126 shares of the company’s stock worth $189,051,000 after buying an additional 94,043 shares in the last quarter. Bank of America Corp DE grew its holdings in Zoom Communications by 50.5% during the first quarter. Bank of America Corp DE now owns 1,767,728 shares of the company’s stock worth $142,108,000 after buying an additional 592,899 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in Zoom Communications by 44.5% during the first quarter. Bank of New York Mellon Corp now owns 1,411,745 shares of the company’s stock worth $113,490,000 after buying an additional 434,981 shares in the last quarter. Finally, First Trust Advisors LP raised its position in Zoom Communications by 2.8% in the 1st quarter. First Trust Advisors LP now owns 1,362,501 shares of the company’s stock valued at $109,531,000 after buying an additional 36,657 shares during the last quarter. 66.54% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Zoom Communications

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

Positive Sentiment: Analyst support remains broad: Oppenheimer upgraded Zoom, while BTIG Research and RBC initiated or reiterated bullish ratings. Rosenblatt maintained a Buy rating, and Needham reaffirmed its Buy rating with a $130 price target, implying substantial upside from recent levels. Oppenheimer upgrades Zoom BTIG gives Zoom a Buy rating Rosenblatt maintains Buy rating RBC gives Zoom an Outperform rating
Positive Sentiment: Zoomtopia highlighted a deeper AI push: Zoom introduced a unified context layer and additional AI tools designed to convert meeting discussions into completed work across Zoom Workplace, customer experience, developer tools, and events. The announcements support management’s effort to reaccelerate growth and improve the platform’s strategic value. Zoom AI strategy announcement
Neutral Sentiment: Valuation arguments are mixed: Some analysis estimates ZM is undervalued following the AI announcements, while comparisons with other software stocks question whether it is currently the better value opportunity. Wells Fargo maintained a Hold rating, and Cantor Fitzgerald reiterated Neutral, limiting the overall bullish signal. Wells Fargo maintains Hold rating
Negative Sentiment: Near-term sentiment has been pressured: Zoom’s stock recently declined more sharply than the broader market. Commentary also cautions that the shares may trade at a discount after the AI push if investors remain uncertain about monetization, execution, or the pace of revenue growth. Zoom stock valuation after AI push

About Zoom Communications

(Get Free Report)

Zoom Communications, Inc (NASDAQ: ZM) is a communications technology company that provides cloud-based collaboration and customer engagement solutions. Founded in 2011 and headquartered in San Jose, California, the company is best known for Zoom Meetings, its videoconferencing platform for online meetings, webinars and virtual events.

The company’s product portfolio also includes Zoom Phone, a cloud-based business phone service; Zoom Team Chat; Zoom Rooms for hybrid meeting spaces; Zoom Whiteboard; and Zoom Contact Center.