From what 17 stock analysts predict, the share price for Zoom Video Communications Inc (ZM) might increase by 21.37% in the next year. This is based on a 12-month average estimation for ZM. Price targets go from $60.00 to $100.00. The majority of stock analysts believe ZM is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 17 Wall Street analysts have assignedZM 5 buy ratings, 10 hold ratings, and 2 sell ratings. This means that analysts expect Zoom Video Communications Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on ZM. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
michael turrin Wells Fargo | Sell | $70.0 | maintained | Jan 26, 2024 |
stefan slowinski Exane BNP Paribas | Sell | $60.0 | downgraded | Jan 18, 2024 |
james fish Piper Sandler | Hold | $72.0 | maintained | Jan 12, 2024 |
ryan koontz Needham | Hold | None | maintained | Jan 12, 2024 |
tyler radke Citi | Hold | $70.0 | maintained | Jan 4, 2024 |
matthew vanvliet BTIG | Hold | None | maintained | Dec 28, 2023 |
siti panigrahi Mizuho Securities | Buy | $100.0 | maintained | Dec 6, 2023 |
william power Robert W. Baird | Buy | $90.0 | maintained | Dec 6, 2023 |
matthew niknam Deutsche Bank | Hold | $70.0 | maintained | Nov 22, 2023 |
catharine trebnick Rosenblatt Securities | Hold | $75.0 | maintained | Nov 21, 2023 |
peter levine Evercore ISI | Hold | $72.0 | maintained | Nov 21, 2023 |
ryan macwilliams Barclays | Hold | $70.0 | maintained | Nov 21, 2023 |
stephen bersey HSBC | Buy | $83.0 | maintained | Nov 21, 2023 |
patrick walravens JMP Securities | Hold | None | maintained | Nov 21, 2023 |
meta marshall Morgan Stanley | Hold | $78.0 | maintained | Nov 21, 2023 |
thomas blakey KeyBanc | Hold | None | reiterated | Nov 21, 2023 |
matthew harrigan Benchmark Co. | Buy | $83.0 | maintained | Nov 21, 2023 |
arjun bhatia William Blair | Buy | None | maintained | Nov 21, 2023 |
mark murphy J.P. Morgan | Hold | None | maintained | Nov 21, 2023 |
george iwanyc Oppenheimer | Hold | None | maintained | Nov 21, 2023 |
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. It also provides Zoom Rooms, a software-based conference room system; Zoom Hardware-as-a-Service allows users to access video communication technology from third party equipment; Zoom Conference Room Connector, a gateway for SIP/H.323 endpoints to join Zoom meetings; Zoom Events, which enables users to manage and host internal and external virtual events; OnZoom, a prosumer-focused virtual event platform and marketplace for Zoom users to create, host, and monetize online events; and Zoom Webinars to provide video presentations to large audiences from many devices. In addition, the company offers Zoom Developer Platform that enables developers, platform integrators, service providers, and customers to build apps and integrations using Zoom's video-based communications solutions, as well as integrate Zoom's technology into their products and services; Zoom App Marketplace, which helps developers to publish their apps, as well as third-party integrations of Zoom; and Zoom Contact Center, an omnichannel contact center solution. It serves individuals; and education, entertainment/media, enterprise infrastructure, finance, government, healthcare, manufacturing, non-profit/not for profit and social impact, retail/consumer products, and software/Internet industries. The company was formerly known as Zoom Communications, Inc. and changed its name to Zoom Video Communications, Inc. in May 2012. The company was incorporated in 2011 and is headquartered in San Jose, California.
When did it IPO
2019
Staff Count
8,484
Country
United States
Sector/Industry
Technology/Software—Application
CEO
Mr. Eric S. Yuan
Market Cap
$19.36B
In 2023, ZM generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that ZM's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2019
Revenue From 2020
Revenue From 2021
Revenue From 2022
LPLA-USD
$257.66
ALNY-USD
$162.81
DKNG-USD
$40.75
$80.04
EXPE-USD
$134.64
ENTG-USD
$134.34