Zoom Video Communications (NASDAQ:ZM) Issues Q1 2026 Earnings Guidance

Zoom Video Communications (NASDAQ:ZM) updated its first quarter 2026 earnings guidance on Monday. The company provided EPS guidance of 1.290-1.310 for the period, compared to the consensus EPS estimate of 1.340. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion. Zoom Video Communications also updated its FY 2026 guidance to 5.340-5.370 EPS.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on ZM. JMP Securities restated a “market perform” rating on shares of Zoom Video Communications in a report on Tuesday, November 26th. Citigroup decreased their price target on shares of Zoom Video Communications from $86.00 to $85.00 and set a “neutral” rating for the company in a research report on Tuesday, February 18th. Morgan Stanley increased their price target on shares of Zoom Video Communications from $86.00 to $96.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 18th. Scotiabank raised shares of Zoom Video Communications to a “hold” rating in a research report on Tuesday, November 19th. Finally, Mizuho increased their price target on shares of Zoom Video Communications from $90.00 to $105.00 and gave the company an “outperform” rating in a research report on Tuesday, November 26th. Sixteen equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $89.48.

Zoom Video Communications Price Performance

NASDAQ:ZM traded down $1.40 during midday trading on Monday, hitting $81.10. The company’s stock had a trading volume of 6,285,960 shares, compared to its average volume of 2,397,505. Zoom Video Communications has a fifty-two week low of $55.06 and a fifty-two week high of $92.80. The firm’s 50 day moving average is $83.18 and its 200-day moving average is $76.37. The firm has a market cap of $24.86 billion and a P/E ratio of 27.03.

Zoom Video Communications (NASDAQ:ZM) last issued its quarterly earnings results on Monday, February 24th. The company reported $0.78 earnings per share for the quarter, missing the consensus estimate of $1.31 by ($0.53). Zoom Video Communications had a return on equity of 10.98% and a net margin of 20.34%. As a group, analysts forecast that Zoom Video Communications will post 2.93 EPS for the current year.

Insider Buying and Selling

In other news, CEO Eric S. Yuan sold 83,333 shares of the firm’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $83.50, for a total transaction of $6,958,305.50. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Shane Crehan sold 1,551 shares of the firm’s stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $84.94, for a total transaction of $131,741.94. Following the sale, the chief accounting officer now directly owns 3,251 shares in the company, valued at $276,139.94. The trade was a 32.30 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 382,242 shares of company stock worth $31,230,938. 10.78% of the stock is owned by company 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.