ZM - Zoom Video Communications - Stock Forecast

Technology - Sector
Coverage Profile Performance Price Targets & Ratings Chart Insider Trading

ZM is currently covered by 29 analysts with an average price target of $105.8. This is a potential upside of $35.07 (49.58%) from yesterday's end of day stock price of $70.73.

Zoom Video Communications's activity chart (see below) currently has 340 price targets and 308 ratings on display. The stock rating distribution of ZM is 38.14% BUY, 49.15% HOLD and 12.71% SELL.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 51.77% with an average time for these price targets to be met of 79.13 days.

Highest price target for ZM is $95, Lowest price target is $66, average price target is $105.8.

Most recent stock forecast was given by SITI PANIGRAHI from MIZUHO on 27-Feb-2024.

Operations

Zoom is a technology company that provides a unified communications platform for businesses and individuals worldwide. The company offers a range of products and services that enable users to communicate and collaborate through video, voice, and messaging across multiple devices and platforms.

Zoom Meetings

Is is one of the core products of Zoom Video Communications. It is a video conferencing solution that enables users to host virtual meetings from anywhere using any device, such as mobile phones, tablets, laptops, and conference room systems. Zoom Meetings offers HD video and audio quality, screen sharing, and messaging features that allow users to interact with each other in real-time.

Zoom Phone

Is an enterprise cloud phone system that enables businesses to make and receive phone calls from anywhere using the internet. It offers features such as call recording, voicemail transcription, and call routing that enhance communication and collaboration among team members.

Zoom Chat

Is a messaging platform that allows users to share messages, images, audio files, and content across multiple devices and platforms. It is designed to enhance real-time communication and collaboration between team members, making it easier to share information and ideas.

Zoom Rooms

Is a software-based conference room system that provides a seamless video conferencing experience for teams in physical meeting spaces. It allows users to connect with each other from different locations and share content, enabling better collaboration and productivity.

Zoom Hardware-as-a-Service (HaaS)

Is a program that allows users to access video communication technology from third-party equipment. This program enables businesses to enhance their video communication capabilities without the need to purchase expensive equipment.

Zoom Conference Room

Connector is a gateway for SIP/H.323 endpoints to join Zoom meetings. This solution enables businesses to connect their existing conference room systems with Zoom, making it easier to collaborate and communicate with team members.

Zoom Events

Is a platform that enables users to manage and host virtual events both internally and externally. It offers features such as registration management, attendee tracking, and analytics, making it easier to plan, execute, and measure the success of virtual events.

OnZoom

Is a virtual event platform and marketplace that enables Zoom users to create, host, and monetize online events. It offers a range of features, such as ticketing and scheduling, that enable users to create and promote virtual events to a global audience.

Zoom Webinars

Is a solution that enables users to host video presentations to large audiences from multiple devices. It offers features such as polling, Q&A, and analytics that enhance engagement and interaction between presenters and attendees.

Platform Zoom Developer Platform

Is a set of tools and resources that enable developers, platform integrations, service providers, and customers to build apps and integrations using Zoom’s video-based communications solutions. This platform allows developers to create customized solutions that integrate with Zoom’s technology, enhancing its functionality and capabilities.

Zoom App Marketplace

Is a platform that helps developers to publish their apps and third-party integrations of Zoom. This platform allows businesses to discover and integrate with existing apps and integrations that enhance Zoom’s functionality.

Zoom Contact Center

Is an multichannel contact center solution that enables businesses to provide excellent customer service and support. It offers features such as real-time monitoring, call routing, and agent coaching, making it easier to manage customer interactions and enhance customer satisfaction.

Target Industries

Zoom Video Communications serves a diverse range of industries, including education, entertainment/media, enterprise infrastructure, finance, government, healthcare, manufacturing, non-profit/not for profit and social impact, retail/consumer products, and software.

History

Zoom Video Communications was founded in April 2011 by Eric Yuan, a Chinese-American entrepreneur who previously worked as the Vice President of Engineering at Cisco WebEx.

Zoom’s popularity surged due to the COVID-19 pandemic, which forced businesses and individuals worldwide to adopt remote work and video conferencing solutions. Zoom’s easy-to-use platform, reliable video and audio quality, and seamless integration with other tools such as Slack and Google Calendar have made it a preferred choice for millions of users worldwide.

Currently out of the existing stock ratings of ZM, 45 are a BUY (38.14%), 58 are a HOLD (49.15%), 15 are a SELL (12.71%).

Analyst name

Rating

Current price target

Potential distance

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Buy

90

$20.38 (29.27%)

100

2 days ago

4/15 (26.67%)

$21.83 (32.02%)

28

Hold

72

$2.38 (3.42%)

69

1 months 17 days ago

12/23 (52.17%)

$1.57 (2.23%)

94

Buy

95

$25.38 (36.46%)

95

3 months 8 days ago

3/16 (18.75%)

$29.06 (44.07%)

16

Hold

70

$0.38 (0.55%)

80

3 months 8 days ago

6/8 (75%)

$4.06 (6.16%)

267

Buy

83

$13.38 (19.22%)

95

3 months 8 days ago

1/9 (11.11%)

$17.06 (25.87%)

14

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What is ZM (Zoom Video Communications) average time for price targets to be met?

On average it took 79.13 days on average for the stock forecasts to be realized with a an average price target met ratio 51.77

Which analyst has the current highest performing score on ZM (Zoom Video Communications) with a proven track record?

BRAD ZELNICK

Which analyst has the most public recommendations on ZM (Zoom Video Communications)?

Brad Zelnick works at DEUTSCHE BANK and has 19 price targets and 7 ratings on ZM

Which analyst is the currently most bullish on ZM (Zoom Video Communications)?

Zane Chrane with highest potential upside - $540.38

Which analyst is the currently most reserved on ZM (Zoom Video Communications)?

Tyler Radke with lowest potential downside - -$3.62

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