Zoom Communications, Inc. (NASDAQ:ZM) Given Consensus Recommendation of “Hold” by Analysts

Zoom Communications, Inc. (NASDAQ:ZM) has been given an average rating of “Hold” by the twenty-seven analysts that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, thirteen have given a hold recommendation, twelve have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $93.2727.

Several brokerages recently commented on ZM. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $87.00 price target on shares of Zoom Communications in a research note on Tuesday, November 25th. Sanford C. Bernstein reissued a “market perform” rating and set a $90.00 price objective on shares of Zoom Communications in a report on Tuesday, November 25th. JPMorgan Chase & Co. upped their target price on shares of Zoom Communications from $85.00 to $90.00 and gave the stock a “neutral” rating in a report on Tuesday, November 25th. Dbs Bank raised shares of Zoom Communications to a “moderate buy” rating in a report on Tuesday, September 16th. Finally, Stifel Nicolaus upped their price objective on shares of Zoom Communications from $80.00 to $90.00 and gave the stock a “hold” rating in a research note on Thursday, September 18th.

Insiders Place Their Bets

In other news, CEO Eric S. Yuan sold 73,378 shares of the stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $87.29, for a total transaction of $6,405,165.62. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Aparna Bawa sold 10,528 shares of the firm’s stock in a transaction on Thursday, October 16th. The shares were sold at an average price of $79.77, for a total value of $839,818.56. Following the completion of the sale, the chief operating officer owned 1,978 shares of the company’s stock, valued at approximately $157,785.06. This trade represents a 84.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 460,276 shares of company stock valued at $38,530,509 in the last 90 days. Insiders own 11.51% of the company’s stock.

Institutional Investors Weigh In On Zoom Communications

A number of hedge funds have recently added to or reduced their stakes in ZM. Elevation Point Wealth Partners LLC bought a new position in Zoom Communications in the 2nd quarter valued at $27,000. REAP Financial Group LLC lifted its stake in shares of Zoom Communications by 181.7% during the second quarter. REAP Financial Group LLC now owns 355 shares of the company’s stock valued at $28,000 after acquiring an additional 229 shares during the period. FNY Investment Advisers LLC bought a new position in Zoom Communications in the second quarter valued at about $31,000. Root Financial Partners LLC bought a new position in Zoom Communications in the third quarter valued at about $33,000. Finally, Quent Capital LLC acquired a new stake in Zoom Communications in the third quarter worth about $34,000. Institutional investors own 66.54% of the company’s stock.

Zoom Communications Stock Performance

Shares of Zoom Communications stock opened at $86.53 on Thursday. The firm’s 50-day simple moving average is $85.38 and its 200-day simple moving average is $81.05. Zoom Communications has a twelve month low of $64.41 and a twelve month high of $91.43. The firm has a market cap of $25.62 billion, a P/E ratio of 16.83, a price-to-earnings-growth ratio of 7.48 and a beta of 0.87.

Zoom Communications (NASDAQ:ZM) last posted its quarterly earnings results on Monday, November 24th. The company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.08. The firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.21 billion. Zoom Communications had a net margin of 33.17% and a return on equity of 12.20%. The company’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.38 earnings per share. 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. On average, equities analysts forecast that Zoom Communications will post 2.93 earnings per share for the current fiscal year.

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.