Brokers Issue Forecasts for ZM FY2025 Earnings

Zoom Video Communications, Inc. (NASDAQ:ZM) – Equities research analysts at Scotiabank issued their FY2025 earnings per share (EPS) estimates for Zoom Video Communications in a note issued to investors on Wednesday, January 8th. Scotiabank analyst A. Verkhovski forecasts that the company will post earnings per share of $2.74 for the year. Scotiabank has a “Hold” rating on the stock. The consensus estimate for Zoom Video Communications’ current full-year earnings is $2.92 per share. Scotiabank also issued estimates for Zoom Video Communications’ FY2026 earnings at $2.91 EPS.

Other equities analysts also recently issued reports about the company. Needham & Company LLC reiterated a “hold” rating on shares of Zoom Video Communications in a research report on Friday. The Goldman Sachs Group boosted their price target on Zoom Video Communications from $72.00 to $86.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 26th. Benchmark raised their price target on Zoom Video Communications from $85.00 to $97.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Wedbush began coverage on shares of Zoom Video Communications in a report on Thursday, October 17th. They issued an “outperform” rating and a $85.00 price objective for the company. Finally, JMP Securities reissued a “market perform” rating on shares of Zoom Video Communications in a research note on Tuesday, November 26th. One research analyst has rated the stock with a sell rating, fifteen have issued a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Zoom Video Communications presently has a consensus rating of “Hold” and a consensus target price of $87.81.

Zoom Video Communications Price Performance

Shares of ZM opened at $79.46 on Monday. Zoom Video Communications has a 12 month low of $55.06 and a 12 month high of $92.80. The stock has a fifty day moving average price of $82.96 and a 200 day moving average price of $71.10. The company has a market cap of $24.35 billion, a P/E ratio of 26.49, a PEG ratio of 5.29 and a beta of -0.01.

Insider Activity

In related news, CEO Eric S. Yuan sold 33,751 shares of the business’s stock in a transaction dated Wednesday, January 8th. The stock was sold at an average price of $78.69, for a total transaction of $2,655,866.19. Following the transaction, the chief executive officer now directly owns 34,703 shares in the company, valued at $2,730,779.07. The trade was a 49.30 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Aparna Bawa sold 9,317 shares of the firm’s stock in a transaction that occurred on Friday, January 10th. The stock was sold at an average price of $78.69, for a total value of $733,154.73. Following the completion of the sale, the chief operating officer now owns 14,053 shares of the company’s stock, valued at $1,105,830.57. This represents a 39.87 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 358,363 shares of company stock valued at $28,010,614 over the last 90 days. 10.78% of the stock is currently owned by company insiders.

Institutional Trading of Zoom Video Communications

Institutional investors have recently made changes to their positions in the business. Baker Avenue Asset Management LP raised its stake in Zoom Video Communications by 82.1% during the third quarter. Baker Avenue Asset Management LP now owns 28,593 shares of the company’s stock worth $1,994,000 after acquiring an additional 12,890 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Zoom Video Communications in the 2nd quarter worth about $763,000. HighTower Advisors LLC increased its position in shares of Zoom Video Communications by 449.4% during the 3rd quarter. HighTower Advisors LLC now owns 63,618 shares of the company’s stock worth $4,429,000 after purchasing an additional 52,039 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its holdings in Zoom Video Communications by 15.4% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,257,714 shares of the company’s stock valued at $87,713,000 after purchasing an additional 167,618 shares during the last quarter. Finally, National Pension Service boosted its position in Zoom Video Communications by 30.1% in the third quarter. National Pension Service now owns 655,227 shares of the company’s stock valued at $45,696,000 after buying an additional 151,728 shares in the last quarter. 66.54% of the stock is currently owned by institutional investors and hedge funds.

About Zoom Video Communications

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.