Zoom Communications (NASDAQ:ZM – Get Free Report) had its price target raised by investment analysts at Mizuho from $100.00 to $120.00 in a report released on Friday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Mizuho’s target price suggests a potential upside of 24.03% from the stock’s current price.
ZM has been the subject of several other research reports. Rosenblatt Securities restated a “buy” rating and set a $115.00 target price on shares of Zoom Communications in a research note on Thursday, February 26th. Robert W. Baird increased their target price on Zoom Communications from $95.00 to $105.00 and gave the company an “outperform” rating in a research note on Tuesday. Benchmark increased their target price on Zoom Communications from $115.00 to $121.00 and gave the company a “buy” rating in a research note on Thursday. Citizens Jmp restated a “market perform” rating on shares of Zoom Communications in a research note on Wednesday. Finally, Needham & Company LLC restated a “buy” rating and set a $100.00 target price on shares of Zoom Communications in a research note on Friday, March 13th. Fourteen equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $102.65.
Read Our Latest Stock Analysis on Zoom Communications
Zoom Communications Stock Performance
Zoom Communications (NASDAQ:ZM – Get Free Report) last issued its quarterly earnings data on Thursday, May 21st. The company reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.41 by $0.14. The business had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.22 billion. Zoom Communications had a return on equity of 11.88% and a net margin of 39.03%.The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.43 EPS. 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, equities research analysts forecast that Zoom Communications will post 3.94 earnings per share for the current year.
Insider Buying and Selling
In other Zoom Communications news, COO Aparna Bawa sold 12,886 shares of the firm’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $87.62, for a total value of $1,129,071.32. Following the completion of the sale, the chief operating officer owned 1,978 shares in the company, valued at approximately $173,312.36. This trade represents a 86.69% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 firm’s 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 sale, the chief financial officer 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 SEC filing for this sale provides additional information. 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. In the last three months, insiders have sold 144,329 shares of company stock worth $12,364,989. 11.51% of the stock is currently owned by corporate insiders.
Institutional Trading of Zoom Communications
A number of hedge funds have recently modified their holdings of ZM. NewEdge Advisors LLC lifted its position in shares of Zoom Communications by 16.8% in the 1st quarter. NewEdge Advisors LLC now owns 8,009 shares of the company’s stock worth $591,000 after acquiring an additional 1,153 shares during the period. Intech Investment Management LLC lifted its position in shares of Zoom Communications by 59.1% in the 1st quarter. Intech Investment Management LLC now owns 16,785 shares of the company’s stock worth $1,238,000 after acquiring an additional 6,235 shares during the period. Geneos Wealth Management Inc. lifted its position in shares of Zoom Communications by 82.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 881 shares of the company’s stock worth $65,000 after acquiring an additional 397 shares during the period. Sivia Capital Partners LLC bought a new stake in shares of Zoom Communications in the 2nd quarter worth approximately $217,000. Finally, Invesco Ltd. lifted its position in shares of Zoom Communications by 7.0% in the 2nd quarter. Invesco Ltd. now owns 730,207 shares of the company’s stock worth $56,942,000 after acquiring an additional 47,749 shares during the period. Institutional investors own 66.54% of the company’s stock.
Key Zoom Communications News
Here are the key news stories impacting Zoom Communications this week:
- Positive Sentiment: Zoom reported first-quarter EPS of $1.55, ahead of consensus, and revenue of about $1.24 billion, also topping estimates, suggesting demand held up better than expected. Zoom Communications (ZM) Q1 Earnings and Revenues Top Estimates
- Positive Sentiment: Zoom raised full-year and next-quarter guidance, signaling management confidence that AI features and enterprise demand can support further growth and profitability. Zoom raises annual forecasts, banks on AI features to drive demand
- Positive Sentiment: Enterprise revenue rose 7.2% year over year, and the enterprise net dollar expansion rate improved to 99%, indicating healthier customer retention and cross-sell momentum. Zoom Communications Inc (ZM) Q1 2027 Earnings Call Highlights: Strong Revenue Growth and AI …
- Neutral Sentiment: Several previews and earnings recap articles focused on the same results, reinforcing the market’s attention on the quarter rather than introducing new catalysts. Zoom (ZM) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
- Negative Sentiment: Management noted ongoing competitive pressure and a slight uptick in churn, which could limit how much upside investors assign to the growth story. 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.
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