Zoom Video Communications (NASDAQ:ZM) Issues FY 2025 Earnings Guidance

Zoom Video Communications (NASDAQ:ZM) updated its FY 2025 earnings guidance on Monday. The company provided EPS guidance of 5.410-5.430 for the period, compared to the consensus EPS estimate of 5.350. The company issued revenue guidance of $4.7 billion-$4.7 billion, compared to the consensus revenue estimate of $4.6 billion. Zoom Video Communications also updated its Q4 guidance to $1.29-1.30 EPS.

Wall Street Analysts Forecast Growth

Several brokerages have commented on ZM. Royal Bank of Canada reiterated an “outperform” rating and set a $95.00 target price on shares of Zoom Video Communications in a research note on Thursday, October 10th. Stifel Nicolaus upped their price objective on Zoom Video Communications from $65.00 to $70.00 and gave the stock a “hold” rating in a research note on Thursday, October 10th. Benchmark lifted their price objective on Zoom Video Communications from $83.00 to $85.00 and gave the stock a “buy” rating in a research note on Thursday, October 10th. Rosenblatt Securities reaffirmed a “buy” rating and set a $78.00 price objective on shares of Zoom Video Communications in a research note on Friday. Finally, Robert W. Baird dropped their target price on shares of Zoom Video Communications from $84.00 to $77.00 and set an “outperform” rating on the stock in a research note on Thursday, August 22nd. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $76.61.

Zoom Video Communications Price Performance

NASDAQ:ZM traded up $3.15 during mid-day trading on Monday, hitting $89.03. The company’s stock had a trading volume of 16,226,328 shares, compared to its average volume of 3,301,483. The stock has a market cap of $27.40 billion, a price-to-earnings ratio of 33.18, a PEG ratio of 7.33 and a beta of -0.05. The business’s fifty day moving average is $73.43 and its two-hundred day moving average is $65.54. Zoom Video Communications has a 1 year low of $55.06 and a 1 year high of $92.80.

Insider Buying and Selling at Zoom Video Communications

In related news, insider Velchamy Sankarlingam sold 3,614 shares of the stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $66.87, for a total value of $241,668.18. Following the completion of the transaction, the insider now directly owns 94,000 shares of the company’s stock, valued at approximately $6,285,780. This represents a 3.70 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Janet Napolitano sold 4,477 shares of the stock in a transaction that occurred on Wednesday, October 9th. The shares were sold at an average price of $69.39, for a total value of $310,659.03. Following the completion of the sale, the director now directly owns 2,984 shares of the company’s stock, valued at approximately $207,059.76. This represents a 60.01 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 367,108 shares of company stock valued at $26,796,191. Corporate insiders own 10.78% of the company’s stock.

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.