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

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

Wall Street Analysts Forecast Growth

ZM has been the subject of a number of recent analyst reports. Rosenblatt Securities reaffirmed a “buy” rating and set a $78.00 price target on shares of Zoom Video Communications in a research report on Friday. Bank of America lowered their price target on Zoom Video Communications from $78.00 to $75.00 and set a “neutral” rating on the stock in a report on Thursday, August 22nd. Stifel Nicolaus upped their price target on shares of Zoom Video Communications from $65.00 to $70.00 and gave the stock a “hold” rating in a research report on Thursday, October 10th. Needham & Company LLC restated a “hold” rating on shares of Zoom Video Communications in a research report on Friday, October 11th. Finally, Benchmark increased their price target on Zoom Video Communications from $83.00 to $85.00 and gave the company a “buy” rating in a report on Thursday, October 10th. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $76.61.

Zoom Video Communications Stock Performance

Shares of NASDAQ:ZM opened at $89.03 on Tuesday. Zoom Video Communications has a 52-week low of $55.06 and a 52-week high of $92.80. The company has a market cap of $27.40 billion, a P/E ratio of 31.91, a P/E/G ratio of 7.33 and a beta of -0.05. The stock’s 50-day moving average is $73.85 and its 200-day moving average is $65.74.

Insider Buying and Selling

In related news, CEO Eric S. Yuan sold 178,571 shares of the business’s stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $76.91, for a total transaction of $13,733,895.61. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, COO Aparna Bawa sold 831 shares of the firm’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $66.29, for a total transaction of $55,086.99. Following the completion of the sale, the chief operating officer now owns 1,978 shares of the company’s stock, valued at $131,121.62. This trade represents a 29.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 367,108 shares of company stock worth $26,796,191 over the last three months. 10.78% of the stock is currently 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.