Zoom Video Communications, Inc. (ZM)
NASDAQ: ZM · IEX Real-Time Price · USD
61.34
+0.81 (1.34%)
At close: May 31, 2024, 4:00 PM
61.39
+0.05 (0.08%)
After-hours: May 31, 2024, 7:59 PM EDT
Zoom Video Stock Forecast
Stock Price Forecast
The 20 analysts with 12-month price forecasts for Zoom Video stock have an average target of 76.8, with a low estimate of 60 and a high estimate of 95. The average target predicts an increase of 25.20% from the current stock price of 61.34.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Zoom Video stock from 21 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 4 | 4 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 12 | 12 | 13 | 14 | 13 | 13 |
| Sell | 1 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 19 | 20 | 21 | 21 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Sell Maintains $70 → $60 | Sell | Maintains | $70 → $60 | -2.18% | May 21, 2024 |
| Citigroup | Citigroup | Hold Maintains $76 → $77 | Hold | Maintains | $76 → $77 | +25.53% | May 21, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $95 | Buy | Reiterates | $95 | +54.87% | May 21, 2024 |
| Stifel | Stifel | Hold Maintains $70 → $65 | Hold | Maintains | $70 → $65 | +5.97% | May 21, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $75 → $78 | Strong Buy | Maintains | $75 → $78 | +27.16% | May 21, 2024 |
Financial Forecast
Revenue This Year
4.76B
from 4.53B
Increased by 5.23%
Revenue Next Year
4.94B
from 4.76B
Increased by 3.72%
EPS This Year
5.18
from 2.07
Increased by 150.32%
EPS Next Year
5.26
from 5.18
Increased by 1.47%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.0B | 5.4B | 5.9B | 5.6B | 5.8B |
| Avg | 4.8B | 4.9B | 5.1B | 5.4B | 5.6B |
| Low | 4.5B | 4.6B | 4.7B | 5.0B | 5.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.1% | 12.7% | 19.0% | 9.2% | 9.0% |
| Avg | 5.2% | 3.7% | 3.7% | 4.7% | 4.1% |
| Low | -0.5% | -3.5% | -4.9% | -2.0% | -3.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.63 | 5.86 | 6.25 | 5.69 | 5.92 |
| Avg | 5.18 | 5.26 | 5.35 | 5.08 | 5.25 |
| Low | 4.83 | 4.68 | 4.58 | 4.33 | 4.51 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 171.9% | 13.1% | 18.8% | 6.4% | 16.5% |
| Avg | 150.3% | 1.5% | 1.7% | -5.0% | 3.2% |
| Low | 133.4% | -9.6% | -13.0% | -19.0% | -11.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.