BTIG Research Reaffirms “Buy” Rating for Zoom Communications (NASDAQ:ZM)

Zoom Communications (NASDAQ:ZM)‘s stock had its “buy” rating reaffirmed by BTIG Research in a report released on Wednesday, Benzinga reports. They currently have a $125.00 price target on the stock. BTIG Research‘s target price indicates a potential upside of 23.87% from the company’s current price.

ZM has been the subject of a number of other reports. Citizens Jmp reaffirmed a “market perform” rating on shares of Zoom Communications in a report on Wednesday, August 26th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $130.00 target price on shares of Zoom Communications in a report on Wednesday. Weiss Ratings raised shares of Zoom Communications from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Bank of America began coverage on shares of Zoom Communications in a report on Wednesday, August 19th. They issued a “buy” rating and a $130.00 target price on the stock. Finally, Jefferies Financial Group dropped their target price on shares of Zoom Communications from $118.00 to $116.00 and set a “buy” rating on the stock in a report on Wednesday, August 26th. Sixteen investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $114.48.

Zoom Communications Trading Up 3.5%

Shares of ZM stock traded up $3.45 on Wednesday, hitting $100.91. The stock had a trading volume of 723,814 shares, compared to its average volume of 3,895,981. Zoom Communications has a twelve month low of $70.70 and a twelve month high of $114.74. The firm has a market cap of $29.45 billion, a P/E ratio of 9.36, a PEG ratio of 4.51 and a beta of 1.03. The company has a fifty day moving average price of $96.88 and a two-hundred day moving average price of $94.88.

Zoom Communications (NASDAQ:ZM) last announced its earnings results on Tuesday, August 25th. The company reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates of $1.48 by $0.07. The firm had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.27 billion. Zoom Communications had a net margin of 65.19% and a return on equity of 10.86%. The company’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same period in the prior year, the business earned $1.53 EPS. 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. On average, analysts expect that Zoom Communications will post 4.27 earnings per share for the current year.

Insider Buying and Selling at Zoom Communications

In related news, CFO Michelle Chang sold 8,489 shares of the stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $99.46, for a total transaction of $844,315.94. Following the sale, the chief financial officer owned 40,438 shares in the company, valued at approximately $4,021,963.48. This trade represents a 17.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 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. Also, Director Santiago Subotovsky sold 2,637 shares of the firm’s stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $93.74, for a total transaction of $247,192.38. Following the completion of the sale, the director owned 121,786 shares in the company, valued at $11,416,219.64. This represents a 2.12% 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. Insiders have sold a total of 71,209 shares of company stock worth $6,938,989 in the last three months. Company insiders own 8.83% of the company’s stock.

Hedge Funds Weigh In On Zoom Communications

Hedge funds have recently modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. increased its stake in Zoom Communications by 133.3% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 350 shares of the company’s stock valued at $30,000 after purchasing an additional 200 shares in the last quarter. Rexford Capital Inc. increased its stake in Zoom Communications by 45.7% in 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. Elevation Wealth Partners LLC increased its stake in Zoom Communications by 133.8% in the third quarter. Elevation Wealth Partners LLC now owns 477 shares of the company’s stock valued at $43,000 after purchasing an additional 273 shares in the last quarter. Strategic Investment Solutions Inc. IL increased its stake in Zoom Communications by 400.0% in the second quarter. Strategic Investment Solutions Inc. IL now owns 500 shares of the company’s stock valued at $43,000 after purchasing an additional 400 shares in the last quarter. Finally, V Square Quantitative Management LLC increased its stake in Zoom Communications by 100.4% in the first quarter. V Square Quantitative Management LLC now owns 505 shares of the company’s stock valued at $41,000 after purchasing an additional 253 shares in the last quarter. Institutional investors and hedge funds own 66.54% of the company’s stock.

Trending Headlines about Zoom Communications

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

• Positive Sentiment: Oppenheimer upgraded Zoom to Outperform from Perform and set a $130 price target. The firm said it was impressed by traction for Zoom’s newer AI services after attending Zoomtopia, signaling greater confidence that AI can support future growth. Zoom Video upgraded at Oppenheimer on AI platform traction, shares jump
• Positive Sentiment: Zoom introduced a Unified Context Layer and additional AI products designed to convert meeting conversations into completed work across Zoom Workplace, customer experience, developer tools and events. The initiative supports management’s effort to reposition Zoom as an AI-first business platform rather than primarily a video-conferencing provider. Zoom advances its AI strategy with a new Unified Context Layer
• Positive Sentiment: Other analysts remained constructive: Rosenblatt reaffirmed a Buy rating with a $130 target, while BTIG maintained Buy with a $125 target. These targets imply meaningful potential upside from recent trading levels and reinforce the positive reaction to Zoom’s AI strategy.
• Positive Sentiment: Tools for Humanity joined Zoom’s ISV Exchange Program, expanding potential integrations for business customers seeking proof-of-human access and identity capabilities in an AI-heavy environment. Tools for Humanity joins Zoom ISV Exchange Program
• Neutral Sentiment: Cantor Fitzgerald reaffirmed its Neutral rating with a $104 price target. The view suggests limited near-term upside and reflects continued caution about how quickly Zoom’s AI investments will translate into material revenue growth.

Zoom Communications Company Profile

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.