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 earnings per share guidance of 5.410-5.430 for the period, compared to the consensus earnings per share 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.

Analysts Set New Price Targets

ZM has been the topic of a number of research analyst reports. Morgan Stanley raised their price target on shares of Zoom Video Communications from $68.00 to $86.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 13th. Royal Bank of Canada reiterated an “outperform” rating and set a $95.00 price target on shares of Zoom Video Communications in a report on Thursday, October 10th. Rosenblatt Securities reissued a “buy” rating and set a $78.00 price objective on shares of Zoom Video Communications in a report on Friday. Scotiabank raised Zoom Video Communications to a “hold” rating in a report on Tuesday, November 19th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on Zoom Video Communications from $71.00 to $75.00 and gave the company a “hold” rating in a research note on Friday, August 23rd. 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. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $76.61.

Zoom Video Communications Stock Performance

ZM stock opened at $89.03 on Tuesday. The company has a market cap of $27.40 billion, a P/E ratio of 31.91, a price-to-earnings-growth ratio of 7.33 and a beta of -0.05. The stock’s 50 day simple moving average is $73.85 and its 200 day simple moving average is $65.74. Zoom Video Communications has a fifty-two week low of $55.06 and a fifty-two week high of $92.80.

Insider Activity at Zoom Video Communications

In related news, CAO Shane Crehan sold 1,550 shares of Zoom Video Communications stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $66.87, for a total transaction of $103,648.50. Following the sale, the chief accounting officer now directly owns 1,463 shares in the company, valued at approximately $97,830.81. This trade represents a 51.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Eric S. Yuan sold 2,420 shares of the company’s stock in a transaction on Wednesday, September 4th. The shares were sold at an average price of $68.38, for a total value of $165,479.60. Following the completion of the transaction, the chief executive officer now owns 85,514 shares of the company’s stock, valued at $5,847,447.32. This trade represents a 2.75 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 367,108 shares of company stock valued at $26,796,191. 10.78% of the stock is owned by corporate insiders.

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.