Zoom Communications (NASDAQ:ZM) Stock Keeps “Neutral” Rating at Cantor Fitzgerald

Zoom Communications (NASDAQ:ZM)‘s stock had its “neutral” rating reaffirmed by stock analysts at Cantor Fitzgerald in a note issued to investors on Wednesday, Benzinga reports. They currently have a $104.00 price target on the stock. Cantor Fitzgerald‘s price objective indicates a potential upside of 6.71% from the company’s current price.

A number of other research analysts have also issued reports on ZM. Weiss Ratings upgraded Zoom Communications from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. KeyCorp reiterated a “sector weight” rating on shares of Zoom Communications in a research report on Wednesday, August 26th. Royal Bank Of Canada reiterated an “outperform” rating and set a $130.00 price target on shares of Zoom Communications in a research report on Wednesday, August 26th. Oppenheimer upgraded Zoom Communications from a “market perform” rating to an “outperform” rating and set a $130.00 price target for the company in a research report on Wednesday. Finally, UBS Group reiterated a “neutral” rating on shares of Zoom Communications in a research report on Wednesday. Sixteen investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $114.61.

Zoom Communications Price Performance

NASDAQ:ZM opened at $97.46 on Wednesday. Zoom Communications has a 12-month low of $70.70 and a 12-month high of $114.74. The firm has a market capitalization of $28.44 billion, a P/E ratio of 9.02, a P/E/G ratio of 4.51 and a beta of 1.03. The business has a 50 day simple moving average of $96.88 and a 200 day simple moving average of $94.88.

Zoom Communications (NASDAQ:ZM) last released its quarterly earnings data on Tuesday, August 25th. The company reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.48 by $0.07. Zoom Communications had a return on equity of 10.86% and a net margin of 65.19%. The business had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same quarter in the previous year, the firm posted $1.53 EPS. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. Zoom Communications has set its FY 2027 guidance at 6.080-6.120 EPS and its Q3 2027 guidance at 1.460-1.480 EPS. Research analysts anticipate that Zoom Communications will post 4.27 EPS for the current fiscal year.

Insider Activity at Zoom Communications

In other Zoom Communications news, CFO Michelle Chang sold 8,489 shares of the business’s stock in a transaction on Monday, October 12th. The stock was sold at an average price of $99.46, for a total transaction of $844,315.94. Following the completion of the transaction, the chief financial officer owned 40,438 shares in the company, valued at approximately $4,021,963.48. The trade was a 17.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Eric Yuan sold 12,100 shares of the business’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $93.74, for a total value of $1,134,254.00. Following the transaction, the chief executive officer owned 22,998 shares of the company’s stock, valued at $2,155,832.52. This trade represents a 34.47% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 71,209 shares of company stock worth $6,938,989 in the last ninety days. 8.83% of the stock is currently owned by corporate insiders.

Institutional Trading of Zoom Communications

A number of hedge funds and other institutional investors have recently modified their holdings of ZM. Quadrant Capital Group LLC raised its stake in shares of Zoom Communications by 2,161.0% in the 3rd quarter. Quadrant Capital Group LLC now owns 4,522 shares of the company’s stock worth $444,000 after buying an additional 4,322 shares in the last quarter. Nisa Investment Advisors LLC raised its stake in shares of Zoom Communications by 29.1% in the 3rd quarter. Nisa Investment Advisors LLC now owns 10,484 shares of the company’s stock worth $952,000 after buying an additional 2,364 shares in the last quarter. Bank Pictet & Cie Europe AG raised its stake in shares of Zoom Communications by 5.9% in the 3rd quarter. Bank Pictet & Cie Europe AG now owns 7,177 shares of the company’s stock worth $651,000 after buying an additional 403 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in shares of Zoom Communications by 0.4% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 26,215 shares of the company’s stock worth $2,380,000 after buying an additional 107 shares in the last quarter. Finally, CWA Asset Management Group LLC raised its stake in shares of Zoom Communications by 10.0% in the 3rd quarter. CWA Asset Management Group LLC now owns 106,383 shares of the company’s stock worth $9,656,000 after buying an additional 9,698 shares in the last quarter. Institutional investors own 66.54% of the company’s stock.

Zoom Communications News Summary

Here are the key news stories impacting Zoom Communications this week:

• Positive Sentiment: Oppenheimer upgraded Zoom Communications (ZM) from “market perform” to “outperform” and set a $130 price target, citing a more constructive outlook for the stock.
• Positive Sentiment: Rosenblatt Securities reaffirmed its “buy” rating with a $130 target, while BTIG Research maintained its “buy” rating and $125 target. The targets point to substantial potential appreciation from current levels.
• Positive Sentiment: At Zoomtopia, the company introduced a Unified Context Layer and additional AI-powered products intended to convert meeting conversations into completed work across Zoom Workplace, customer experience, developer tools, and events. The initiatives support management’s effort to expand Zoom beyond video conferencing and create new revenue opportunities. Zoom AI strategy announcement
• Positive Sentiment: Tools for Humanity joined Zoom’s ISV Exchange Program, adding capabilities related to proof of human access for business customers. The partnership could strengthen Zoom’s ecosystem and address authentication needs as AI-generated content becomes more prevalent. Tools for Humanity partnership
• Neutral Sentiment: Cantor Fitzgerald reaffirmed its “neutral” rating but increased or maintained its target at $104, suggesting limited upside relative to the more bullish analyst forecasts.
• Neutral Sentiment: Investor commentary is focusing on Zoom’s AI-first repositioning, cash-rich balance sheet, and potential to become a broader workplace platform. These arguments may support valuation, but execution and the company’s relatively modest growth remain important risks. Zoom investor session transcript

Zoom Communications Company Profile

Zoom Communications, Inc (NASDAQ: ZM) is a communications technology company that provides cloud-based collaboration and customer engagement solutions. Founded in 2011 and headquartered in San Jose, California, the company is best known for Zoom Meetings, its videoconferencing platform for online meetings, webinars and virtual events.

The company’s product portfolio also includes Zoom Phone, a cloud-based business phone service; Zoom Team Chat; Zoom Rooms for hybrid meeting spaces; Zoom Whiteboard; and Zoom Contact Center.