FY2025 Earnings Estimate for ZM Issued By Cantor Fitzgerald

Zoom Video Communications, Inc. (NASDAQ:ZM) – Research analysts at Cantor Fitzgerald issued their FY2025 EPS estimates for Zoom Video Communications in a research note issued on Tuesday, January 21st. Cantor Fitzgerald analyst T. Blakey anticipates that the company will post earnings of $2.95 per share for the year. Cantor Fitzgerald has a “Hold” rating and a $87.00 price objective on the stock. The consensus estimate for Zoom Video Communications’ current full-year earnings is $2.93 per share.

Several other equities research analysts also recently commented on ZM. Barclays lifted their target price on shares of Zoom Video Communications from $70.00 to $85.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 27th. Rosenblatt Securities reiterated a “buy” rating and set a $78.00 price target on shares of Zoom Video Communications in a report on Friday, November 22nd. JMP Securities restated a “market perform” rating on shares of Zoom Video Communications in a report on Tuesday, November 26th. Mizuho raised their target price on Zoom Video Communications from $90.00 to $105.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 26th. Finally, Hsbc Global Res upgraded Zoom Video Communications to a “strong-buy” rating in a research report on Tuesday, November 26th. Sixteen research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $89.10.

Zoom Video Communications Price Performance

Shares of Zoom Video Communications stock opened at $80.01 on Thursday. The company’s 50 day moving average price is $82.56 and its two-hundred day moving average price is $72.15. The firm has a market capitalization of $24.52 billion, a P/E ratio of 26.67, a P/E/G ratio of 4.94 and a beta of -0.01. Zoom Video Communications has a fifty-two week low of $55.06 and a fifty-two week high of $92.80.

Insider Buying and Selling at Zoom Video Communications

In related news, CAO Shane Crehan sold 1,551 shares of the company’s stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $84.94, for a total value of $131,741.94. Following the transaction, the chief accounting officer now owns 3,251 shares in the company, valued at approximately $276,139.94. This represents a 32.30 % 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, Director Jonathan Chadwick sold 25,000 shares of the firm’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 completion of the sale, the director now directly owns 1,514 shares of the company’s stock, valued at $121,619.62. This represents a 94.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 489,981 shares of company stock worth $38,712,948 in the last quarter. 10.78% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Caprock Group LLC purchased a new position in Zoom Video Communications during the 4th quarter valued at about $288,000. Mediolanum International Funds Ltd grew its stake in Zoom Video Communications by 16.1% during the fourth quarter. Mediolanum International Funds Ltd now owns 210,063 shares of the company’s stock valued at $17,336,000 after acquiring an additional 29,206 shares in the last quarter. Swedbank AB increased its holdings in Zoom Video Communications by 96.3% during the 4th quarter. Swedbank AB now owns 82,247 shares of the company’s stock worth $6,712,000 after acquiring an additional 40,351 shares during the period. Forsta AP Fonden lifted its stake in Zoom Video Communications by 1.9% in the 4th quarter. Forsta AP Fonden now owns 49,400 shares of the company’s stock worth $4,032,000 after purchasing an additional 900 shares in the last quarter. Finally, Geneos Wealth Management Inc. bought a new position in Zoom Video Communications in the 4th quarter valued at $39,000. 66.54% of the stock is currently owned by hedge funds and other institutional investors.

Zoom Video Communications Company Profile

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.