Zoom Video Communications (NASDAQ:ZM) Releases FY 2025 Earnings Guidance

Zoom Video Communications (NASDAQ:ZM) updated its FY 2025 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 5.410-5.430 for the period, compared to the consensus 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

Several brokerages have recently issued reports on ZM. UBS Group raised their price objective on shares of Zoom Video Communications from $75.00 to $90.00 and gave the stock a “neutral” rating in a research note on Tuesday. Deutsche Bank Aktiengesellschaft raised their target price on Zoom Video Communications from $71.00 to $75.00 and gave the stock a “hold” rating in a research report on Friday, August 23rd. Benchmark raised their target price on Zoom Video Communications from $85.00 to $97.00 and gave the stock a “buy” rating in a research report on Tuesday. Bank of America lifted their price objective on Zoom Video Communications from $75.00 to $90.00 and gave the company a “neutral” rating in a report on Tuesday. Finally, Evercore ISI raised Zoom Video Communications from an “in-line” rating to an “outperform” rating and lifted their price objective for the company from $70.00 to $115.00 in a report on Tuesday. Two equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, Zoom Video Communications has a consensus rating of “Hold” and an average target price of $85.20.

Zoom Video Communications Stock Performance

NASDAQ ZM opened at $83.41 on Wednesday. The stock has a market capitalization of $25.67 billion, a price-to-earnings ratio of 27.80, a PEG ratio of 7.60 and a beta of -0.05. The stock’s 50 day moving average price is $74.16 and its two-hundred day moving average price is $65.89. Zoom Video Communications has a 52 week low of $55.06 and a 52 week high of $92.80.

Insider Buying and Selling at Zoom Video Communications

In related news, COO Aparna Bawa sold 831 shares of the business’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $66.29, for a total transaction of $55,086.99. Following the transaction, the chief operating officer now directly owns 1,978 shares of the company’s stock, valued at approximately $131,121.62. The trade was a 29.58 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Eric S. Yuan sold 178,571 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $76.91, for a total value of $13,733,895.61. The disclosure for this sale can be found here. In the last quarter, insiders have sold 367,108 shares of company stock worth $26,796,191. Corporate insiders own 10.78% of the company’s stock.

About Zoom Video Communications

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.