Zoom Video Communications (ZM) Stock Forecast, Price Target & Predictions

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ZM Stock Forecast

Zoom Video Communications stock forecast is as follows: an average price target of $111.94 (represents a 43.97% upside from ZM’s last price of $77.75) and a rating consensus of 'Hold', based on 28 wall street analysts offering a 1-year stock forecast.

ZM Price Target

The average price target for Zoom Video Communications (ZM) is $111.94 based on 1-year price targets from 28 Wall Street analysts in the past 3 months, with a price target range of $295.00 to $55.00. This represents a potential 43.97% upside from ZM's last price of $77.75.

ZM Analyst Ratings

Hold

According to 28 Wall Street analysts, Zoom Video Communications's rating consensus is 'Hold'. The analyst rating breakdown for ZM stock is 0 'Strong Buy' (0.00%), 13 'Buy' (46.43%), 15 'Hold' (53.57%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Zoom Video Communications Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Oct 17, 2024	Daniel Ives	Wedbush	$85.00	$68.93	23.31%	9.32%
Aug 23, 2024	Tyler Radke	Citigroup	$69.00	$69.97	-1.38%	-11.25%
Aug 22, 2024	William Power	Robert W. Baird	$77.00	$60.23	27.84%	-0.96%
Aug 22, 2024	Michael Funk	Bank of America Securities	$75.00	$60.23	24.52%	-3.54%
Jun 21, 2024	Michael Turrin	Wells Fargo	$55.00	$58.31	-5.68%	-29.26%
Jun 14, 2024	Meta Marshall	Morgan Stanley	$68.00	$57.94	17.36%	-12.54%
May 22, 2024	Matthew Niknam	Deutsche Bank	$71.00	$63.86	11.18%	-8.68%
May 21, 2024	Michael Funk	Loop Capital Markets	$78.00	$63.50	22.83%	0.32%
May 21, 2024	James Fish	Piper Sandler	$72.00	$64.76	11.18%	-7.40%
May 21, 2024	Parker Lane	Stifel Nicolaus	$65.00	$64.09	1.41%	-16.40%

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The latest Zoom Video Communications stock forecast, released on Oct 17, 2024 by Daniel Ives from Wedbush, set a price target of $85.00, which represents a 23.31% increase from the stock price at the time of the forecast ($68.93), and a 9.32% increase from ZM last price ($77.75).

Zoom Video Communications Price Target by Period

	1M	3M	12M
# Anlaysts	-	4	19
Avg Price Target	-	$76.50	$71.37
Last Closing Price	$77.75	$77.75	$77.75
Upside/Downside	-100.00%	-1.61%	-8.21%

In the current month, the average price target of Zoom Video Communications stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Zoom Video Communications's last price of $77.75. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 17, 2024	Wedbush	Buy	Outperform	Upgrade
Oct 11, 2024	Needham	Hold	Hold	Hold
Oct 10, 2024	Benchmark	Buy	Buy	Hold
Oct 04, 2024	Wells Fargo	Buy	Buy	Hold
Aug 23, 2024	Citigroup	Neutral	Neutral	Hold
Aug 23, 2024	Wells Fargo	Buy	Buy	Hold
Aug 23, 2024	Deutsche Bank	Hold	Hold	Hold
Aug 22, 2024	Wells Fargo	Underweight	Underweight	Hold
Jun 21, 2024	BMO Capital	Outperform	Outperform	Hold
Jun 21, 2024	Wells Fargo	Outperform	Outperform	Hold

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Zoom Video Communications's last stock rating was published by Wedbush on Oct 17, 2024. The company Upgrade its ZM rating from "Buy" to "Outperform".

Zoom Video Communications Financial Forecast

Zoom Video Communications Revenue Forecast

	Jan 28	Oct 27	Jul 27	May 27	Jan 27	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.14B	$1.14B	-	$1.12B	$1.10B	$1.10B	-	$1.07B	$1.05B	$1.02B	-	$882.49M	$777.20M
Avg Forecast	$1.27B	$1.25B	$1.24B	$1.22B	$1.24B	$1.23B	$1.22B	$1.20B	$1.21B	$1.20B	$1.19B	$1.17B	$1.17B	$1.16B	$1.15B	$1.13B	$1.13B	$1.12B	$1.11B	$1.08B	$1.10B	$1.09B	$1.12B	$1.07B	$1.05B	$1.02B	$991.21M	$907.97M	$811.68M	$693.43M
High Forecast	$1.29B	$1.27B	$1.26B	$1.24B	$1.26B	$1.25B	$1.24B	$1.22B	$1.23B	$1.22B	$1.21B	$1.19B	$1.18B	$1.17B	$1.15B	$1.13B	$1.13B	$1.15B	$1.13B	$1.10B	$1.12B	$1.11B	$1.13B	$1.09B	$1.07B	$1.03B	$1.01B	$921.13M	$823.44M	$703.47M
Low Forecast	$1.26B	$1.25B	$1.24B	$1.22B	$1.23B	$1.22B	$1.22B	$1.20B	$1.21B	$1.20B	$1.19B	$1.17B	$1.17B	$1.16B	$1.15B	$1.13B	$1.13B	$1.11B	$1.11B	$1.08B	$1.10B	$1.09B	$1.11B	$1.07B	$1.05B	$1.02B	$988.61M	$905.59M	$809.55M	$691.61M
# Analysts	13	9	15	8	10	8	11	8	8	7	7	12	17	17	8	9	14	26	13	13	24	23	12	21	12	13	20	13	18	18
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.02%	1.02%	-	1.02%	1.01%	0.99%	-	1.02%	1.03%	1.03%	-	1.09%	1.12%

Zoom Video Communications's average Quarter revenue forecast for Jan 24 based on 14 analysts is $1.13B, with a low forecast of $1.13B, and a high forecast of $1.13B. ZM's average Quarter revenue forecast represents a -0.67% decrease compared to the company's last Quarter revenue of $1.14B (Oct 23).

Zoom Video Communications EBITDA Forecast

	Jan 28	Oct 27	Jul 27	May 27	Jan 27	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20
# Analysts	13	9	15	8	10	8	11	8	8	7	7	12	17	17	8	9	14	26	13	13	24	23	12	21	12	13	20	13	18	18
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$169.39M	$177.62M	-	$-145.93M	$95.17M	$177.33M	-	$151.45M	$425.86M	$338.71M	-	$274.11M	$201.61M
Avg Forecast	$195.85M	$193.19M	$192.18M	$189.09M	$191.20M	$189.51M	$188.87M	$186.11M	$186.90M	$185.27M	$184.33M	$181.39M	$180.89M	$179.76M	$177.52M	$145.57M	$174.49M	$172.98M	$172.23M	$132.34M	$459.85M	$167.47M	$170.72M	$120.31M	$161.29M	$156.06M	$151.67M	$137.40M	$124.20M	$106.10M
High Forecast	$198.96M	$196.26M	$195.23M	$192.09M	$194.23M	$192.52M	$191.87M	$189.06M	$189.86M	$188.21M	$187.26M	$184.27M	$182.44M	$181.31M	$177.52M	$174.69M	$174.49M	$177.05M	$174.96M	$158.81M	$551.82M	$169.89M	$173.19M	$144.37M	$163.62M	$158.32M	$153.87M	$164.88M	$126.00M	$107.64M
Low Forecast	$195.29M	$192.64M	$191.63M	$188.54M	$190.65M	$188.97M	$188.33M	$185.57M	$186.36M	$184.74M	$183.81M	$180.87M	$180.37M	$179.24M	$177.52M	$116.46M	$174.49M	$172.20M	$171.74M	$105.87M	$367.88M	$167.03M	$170.27M	$96.25M	$160.86M	$155.65M	$151.27M	$109.92M	$123.87M	$105.83M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.98%	1.03%	-	-0.32%	0.57%	1.04%	-	0.94%	2.73%	2.23%	-	2.21%	1.90%

14 analysts predict ZM's average Quarter EBITDA for Jan 24 to be $174.49M, with a high of $174.49M and a low of $174.49M. This is 3.01% upper than Zoom Video Communications's previous annual EBITDA (Oct 23) of $169.39M.

Zoom Video Communications Net Income Forecast

	Jan 28	Oct 27	Jul 27	May 27	Jan 27	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20
# Analysts	13	9	15	8	10	8	11	8	8	7	7	12	17	17	8	9	14	26	13	13	24	23	12	21	12	13	20	13	18	18
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$141.21M	$181.97M	-	$-104.05M	$48.35M	$45.75M	-	$490.64M	$340.38M	$317.08M	-	$260.61M	$198.64M
Avg Forecast	-	-	-	-	$420.43M	$418.37M	$418.87M	$412.66M	$411.73M	$408.10M	$415.12M	$407.24M	$402.02M	$410.20M	$381.43M	$471.61M	$359.88M	$343.35M	$332.43M	$428.74M	$367.55M	$261.50M	$298.38M	$389.76M	$335.45M	$341.97M	$365.50M	$130.63M	$248.63M	$238.89M
High Forecast	-	-	-	-	$429.10M	$427.00M	$427.51M	$421.17M	$420.22M	$416.52M	$423.68M	$415.64M	$417.73M	$428.99M	$400.96M	$565.93M	$359.88M	$383.74M	$339.28M	$514.49M	$441.06M	$266.41M	$304.00M	$467.71M	$341.77M	$348.42M	$372.39M	$156.76M	$253.31M	$243.39M
Low Forecast	-	-	-	-	$418.86M	$416.81M	$417.30M	$411.12M	$410.19M	$406.58M	$413.57M	$405.72M	$395.74M	$403.94M	$361.91M	$377.29M	$359.88M	$299.59M	$331.19M	$342.99M	$294.04M	$260.61M	$297.36M	$311.81M	$334.31M	$340.80M	$364.26M	$104.51M	$247.78M	$238.07M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.41%	0.55%	-	-0.28%	0.18%	0.15%	-	1.46%	1.00%	0.87%	-	1.05%	0.83%

Zoom Video Communications's average Quarter net income forecast for Jan 24 is $359.88M, with a range of $359.88M to $359.88M. ZM's average Quarter net income forecast represents a 154.85% increase compared to the company's last Quarter net income of $141.21M (Oct 23).

Zoom Video Communications SG&A Forecast

	Jan 28	Oct 27	Jul 27	May 27	Jan 27	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20
# Analysts	13	9	15	8	10	8	11	8	8	7	7	12	17	17	8	9	14	26	13	13	24	23	12	21	12	13	20	13	18	18
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$499.52M	$502.70M	-	$692.08M	$568.78M	$531.54M	-	$445.21M	$390.43M	$383.32M	-	$306.71M	$283.64M
Avg Forecast	$620.09M	$611.69M	$608.47M	$598.68M	$605.36M	$600.02M	$598.00M	$589.24M	$591.75M	$586.60M	$583.63M	$574.32M	$572.73M	$569.15M	$562.05M	$427.95M	$552.47M	$547.70M	$545.31M	$389.04M	$421.60M	$535.52M	$545.91M	$353.67M	$515.75M	$499.05M	$485.00M	$153.74M	$397.16M	$339.29M
High Forecast	$629.93M	$621.39M	$618.13M	$608.17M	$614.96M	$609.54M	$607.49M	$598.59M	$601.14M	$595.90M	$592.89M	$583.43M	$577.62M	$574.05M	$562.05M	$513.54M	$552.47M	$560.58M	$553.96M	$466.85M	$505.92M	$543.27M	$553.82M	$424.41M	$523.23M	$506.28M	$492.03M	$184.49M	$402.91M	$344.21M
Low Forecast	$618.31M	$609.93M	$606.73M	$596.96M	$603.62M	$598.30M	$596.28M	$587.55M	$590.05M	$584.91M	$581.96M	$572.67M	$571.08M	$567.51M	$562.05M	$342.36M	$552.47M	$545.20M	$543.74M	$311.23M	$337.28M	$534.13M	$544.47M	$282.94M	$514.40M	$497.74M	$483.73M	$122.99M	$396.11M	$338.40M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.91%	0.92%	-	1.64%	1.06%	0.97%	-	0.86%	0.78%	0.79%	-	0.77%	0.84%

Zoom Video Communications's average Quarter SG&A projection for Jan 24 is $552.47M, based on 14 Wall Street analysts, with a range of $552.47M to $552.47M. The forecast indicates a 10.60% rise compared to ZM last annual SG&A of $499.52M (Oct 23).

Zoom Video Communications EPS Forecast

	Jan 28	Oct 27	Jul 27	May 27	Jan 27	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20
# Analysts	13	9	15	8	10	8	11	8	8	7	7	12	17	17	8	9	14	26	13	13	24	23	12	21	12	13	20	13	18	18
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$0.47	$0.61	-	$-0.36	$0.16	$0.15	-	$1.64	$1.14	$1.07	-	$0.91	$0.70
Avg Forecast	-	-	-	-	$1.34	$1.33	$1.33	$1.31	$1.31	$1.30	$1.32	$1.30	$1.28	$1.31	$1.21	$1.19	$1.15	$1.09	$1.06	$0.99	$0.81	$0.83	$0.95	$0.88	$1.07	$1.09	$1.16	$0.99	$0.79	$0.76
High Forecast	-	-	-	-	$1.37	$1.36	$1.36	$1.34	$1.34	$1.33	$1.35	$1.32	$1.33	$1.37	$1.28	$1.19	$1.15	$1.22	$1.08	$1.01	$0.83	$0.85	$0.97	$0.89	$1.09	$1.11	$1.19	$1.01	$0.81	$0.78
Low Forecast	-	-	-	-	$1.33	$1.33	$1.33	$1.31	$1.31	$1.29	$1.32	$1.29	$1.26	$1.29	$1.15	$1.19	$1.15	$0.95	$1.05	$0.99	$0.81	$0.83	$0.95	$0.87	$1.06	$1.09	$1.16	$0.99	$0.79	$0.76
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.43%	0.58%	-	-0.44%	0.19%	0.16%	-	1.54%	1.05%	0.92%	-	1.15%	0.92%

According to 14 Wall Street analysts, Zoom Video Communications's projected average Quarter EPS for Jan 24 is $1.15, with a low estimate of $1.15 and a high estimate of $1.15. This represents a 143.83% increase compared to ZM previous annual EPS of $0.47 (Oct 23).

Zoom Video Communications Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
AI	C3.ai	$32.96	$70.50	113.90%	Buy
SNOW	Snowflake	$130.24	$204.88	57.31%	Buy
ZM	Zoom Video Communications	$77.75	$111.94	43.97%	Hold
INTU	Intuit	$644.17	$715.09	11.01%	Buy
WDAY	Workday	$259.90	$271.36	4.41%	Buy
ADSK	Autodesk	$305.20	$290.28	-4.89%	Buy
TTD	Trade Desk	$119.42	$113.04	-5.34%	Buy
SHOP	Shopify	$104.59	$91.91	-12.12%	Buy
CRM	Salesforce	$323.43	$275.26	-14.89%	Buy
NOW	ServiceNow	$1.02K	$831.13	-18.68%	Buy

ZM Forecast FAQ

Is Zoom Video Communications a good buy?

No, according to 28 Wall Street analysts, Zoom Video Communications (ZM) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 13 'Buy' recommendations, accounting for 46.43% of ZM's total ratings.

What is ZM's price target?

Zoom Video Communications (ZM) average price target is $111.94 with a range of $55 to $295, implying a 43.97% from its last price of $77.75. The data is based on 28 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Zoom Video Communications stock go up soon?

According to Wall Street analysts' prediction for ZM stock, the company can go up by 43.97% (from the last price of $77.75 to the average price target of $111.94), up by 279.42% based on the highest stock price target, and down by -29.26% based on the lowest stock price target.

Can Zoom Video Communications stock reach $120?

ZM's highest twelve months analyst stock price target of $295 supports the claim that Zoom Video Communications can reach $120 in the near future.

What are Zoom Video Communications's analysts' financial forecasts?

Zoom Video Communications's analysts financial forecasts for the fiscal year (Jan 2027) are as follows: average revenue is $4.89B (high $4.97B, low $4.88B), average EBITDA is $755.68M (high $767.67M, low $753.51M), average net income is $1.67B (high $1.7B, low $1.66B), average SG&A $2.39B (high $2.43B, low $2.39B), and average EPS is $5.32 (high $5.43, low $5.3). ZM's analysts financial forecasts for the fiscal year (Jan 2028) are as follows: average revenue is $4.98B (high $5.06B, low $4.97B), average EBITDA is $770.31M (high $782.53M, low $768.1M), average net income is $0 (high $0, low $0), average SG&A $2.44B (high $2.48B, low $2.43B), and average EPS is $0 (high $0, low $0).

Did the ZM's actual financial results beat the analysts' financial forecasts?

Based on Zoom Video Communications's last annual report (Jan 2023), the company's revenue was $4.39B, beating the average analysts forecast of $4.38B by 0.22%. Apple's EBITDA was $365.32M, missing the average prediction of $918.35M by -60.22%. The company's net income was $103.71M, missing the average estimation of $1.32B by -92.13%. Apple's SG&A was $2.27B, beating the average forecast of $1.86B by 22.42%. Lastly, the company's EPS was $0.35, missing the average prediction of $3.47 by -89.92%. In terms of the last quarterly report (Oct 2023), Zoom Video Communications's revenue was $1.14B, beating the average analysts' forecast of $1.12B by 1.55%. The company's EBITDA was $169.39M, missing the average prediction of $172.98M by -2.08%. Zoom Video Communications's net income was $141.21M, missing the average estimation of $343.35M by -58.87%. The company's SG&A was $499.52M, missing the average forecast of $547.7M by -8.80%. Lastly, the company's EPS was $0.47, missing the average prediction of $1.09 by -57.01%