Zoom Video Communications (ZM) – Analysts’ Recent Ratings Updates

A number of research firms have changed their ratings and price targets for Zoom Video Communications (NASDAQ: ZM):

• 1/17/2025 – Zoom Video Communications is now covered by analysts at Cantor Fitzgerald. They set a “neutral” rating and a $87.00 price target on the stock.
• 1/16/2025 – Zoom Video Communications was upgraded by analysts at Cantor Fitzgerald to a “hold” rating. They now have a $87.00 price target on the stock.
• 1/10/2025 – Zoom Video Communications had its “hold” rating reaffirmed by analysts at Needham & Company LLC.
• 1/7/2025 – Zoom Video Communications was upgraded by analysts at Wells Fargo & Company from an “underweight” rating to an “equal weight” rating. They now have a $85.00 price target on the stock, up previously from $70.00.
• 12/19/2024 – Zoom Video Communications was upgraded by analysts at Jefferies Financial Group Inc. from a “hold” rating to a “buy” rating. They now have a $100.00 price target on the stock, up previously from $85.00.
• 12/18/2024 – Zoom Video Communications had its price target raised by analysts at Morgan Stanley from $86.00 to $96.00. They now have an “equal weight” rating on the stock.
• 11/27/2024 – Zoom Video Communications had its price target raised by analysts at Barclays PLC from $70.00 to $85.00. They now have an “equal weight” rating on the stock.
• 11/26/2024 – Zoom Video Communications had its price target raised by analysts at Wells Fargo & Company from $60.00 to $70.00. They now have an “underweight” rating on the stock.
• 11/26/2024 – Zoom Video Communications was upgraded by analysts at Hsbc Global Res to a “strong-buy” rating.
• 11/26/2024 – Zoom Video Communications had its price target raised by analysts at Mizuho from $90.00 to $105.00. They now have an “outperform” rating on the stock.
• 11/26/2024 – Zoom Video Communications had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $95.00 price target on the stock.
• 11/26/2024 – Zoom Video Communications was upgraded by analysts at Evercore ISI from an “in-line” rating to an “outperform” rating. They now have a $115.00 price target on the stock, up previously from $70.00.
• 11/26/2024 – Zoom Video Communications had its price target raised by analysts at Bank of America Co. from $75.00 to $90.00. They now have a “neutral” rating on the stock.
• 11/26/2024 – Zoom Video Communications had its price target raised by analysts at UBS Group AG from $75.00 to $90.00. They now have a “neutral” rating on the stock.
• 11/26/2024 – Zoom Video Communications had its price target raised by analysts at The Goldman Sachs Group, Inc. from $72.00 to $86.00. They now have a “neutral” rating on the stock.
• 11/26/2024 – Zoom Video Communications had its price target raised by analysts at Piper Sandler from $68.00 to $89.00. They now have a “neutral” rating on the stock.
• 11/26/2024 – Zoom Video Communications had its price target raised by analysts at Sanford C. Bernstein from $78.00 to $89.00. They now have a “market perform” rating on the stock.
• 11/26/2024 – Zoom Video Communications had its “market perform” rating reaffirmed by analysts at JMP Securities.
• 11/26/2024 – Zoom Video Communications had its price target raised by analysts at Stifel Nicolaus from $70.00 to $90.00. They now have a “hold” rating on the stock.
• 11/26/2024 – Zoom Video Communications had its price target raised by analysts at Benchmark Co. from $85.00 to $97.00. They now have a “buy” rating on the stock.

Zoom Video Communications Stock Performance

ZM stock opened at $79.28 on Thursday. The company has a market capitalization of $24.30 billion, a P/E ratio of 26.43, a price-to-earnings-growth ratio of 4.94 and a beta of -0.01. Zoom Video Communications, Inc. has a 52-week low of $55.06 and a 52-week high of $92.80. The business has a 50-day simple moving average of $82.67 and a two-hundred day simple moving average of $72.10.

Insider Transactions at Zoom Video Communications

In other Zoom Video Communications news, Director Jonathan Chadwick sold 25,000 shares of the business’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $80.33, for a total value of $2,008,250.00. Following the transaction, the director now owns 1,514 shares of the company’s stock, valued at approximately $121,619.62. The trade was a 94.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Aparna Bawa sold 9,317 shares of the firm’s stock in a transaction on Friday, January 10th. The shares were sold at an average price of $78.69, for a total value of $733,154.73. Following the sale, the chief operating officer now directly owns 14,053 shares of the company’s stock, valued at approximately $1,105,830.57. This represents a 39.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 489,981 shares of company stock worth $38,712,948 in the last quarter. 10.78% of the stock is currently owned by corporate insiders.

Institutional Trading of Zoom Video Communications

Large investors have recently bought and sold shares of the company. Geneos Wealth Management Inc. purchased a new position in shares of Zoom Video Communications in the fourth quarter worth about $39,000. Silver Lake Advisory LLC lifted its stake in shares of Zoom Video Communications by 13.3% during the 4th quarter. Silver Lake Advisory LLC now owns 40,325 shares of the company’s stock valued at $3,291,000 after buying an additional 4,745 shares in the last quarter. Whalen Wealth Management Inc. bought a new position in Zoom Video Communications in the 4th quarter worth approximately $251,000. Avior Wealth Management LLC grew its stake in Zoom Video Communications by 291.2% in the 4th quarter. Avior Wealth Management LLC now owns 356 shares of the company’s stock valued at $29,000 after buying an additional 265 shares in the last quarter. Finally, Dakota Wealth Management purchased a new position in Zoom Video Communications in the 4th quarter valued at approximately $849,000. 66.54% of the stock is owned by hedge funds and other institutional investors.

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.