Zoom Video Communications, Inc. (ZM)
NASDAQ: ZM · IEX Real-Time Price · USD
58.34
-0.87 (-1.47%)
At close: Jul 2, 2024, 4:00 PM
58.48
+0.14 (0.25%)
After-hours: Jul 2, 2024, 7:37 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 75.8, with a low estimate of 55 and a high estimate of 95. The average target predicts an increase of 29.93% from the current stock price of 58.34.

Analyst Consensus: Hold
Target Low Average Median High
Price $55 $75.8 $78 $95
Change -5.73% +29.93% +33.70% +62.84%

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 Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 333444
Buy 222222
Hold 121314131313
Sell 222222
Strong Sell 000000
Total 192021212121

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Wells Fargo
Wells Fargo
Sell
Maintains
$60$55
Sell Maintains $60$55 -5.73% Jun 21, 2024
Morgan Stanley
Morgan Stanley
Hold
Maintains
$72$68
Hold Maintains $72$68 +16.56% Jun 14, 2024
RBC Capital
RBC Capital
Buy
Reiterates
$95
Buy Reiterates $95 +62.84% May 21, 2024
Wells Fargo
Wells Fargo
Sell
Maintains
$70$60
Sell Maintains $70$60 +2.85% May 21, 2024
Citigroup
Citigroup
Hold
Maintains
$76$77
Hold Maintains $76$77 +31.98% May 21, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
4.76B
from 4.53B
Increased by 5.16%
Revenue Next Year
4.93B
from 4.76B
Increased by 3.59%
EPS This Year
5.19
from 2.07
Increased by 150.78%
EPS Next Year
5.25
from 5.19
Increased by 1.05%
Year 2019202020212022202320242025202620272028
Revenue
622.66M2.65B4.10B4.39B4.53B4.76B4.93B5.13B5.36B5.59B
Revenue Growth
88.39%325.81%54.63%7.15%3.06%5.16%3.59%4.03%4.50%4.33%
EPS
0.092.254.500.342.075.195.255.405.095.21
EPS Growth
-2,400.00%100.00%-92.44%508.82%150.78%1.05%2.98%-5.80%2.36%
Forward PE
-----11.2411.1210.8011.4711.20
No. Analysts -----37361766
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 5.0B 5.4B 5.9B 5.6B 5.9B
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 20242025202620272028
High
10.0%
12.7%
19.2%
9.4%
9.4%
Avg
5.2%
3.6%
4.0%
4.5%
4.3%
Low
-0.2%
-3.4%
-4.8%
-1.9%
-2.9%

EPS Forecast

EPS 20242025202620272028
High 5.63 5.86 6.25 5.63 5.75
Avg 5.19 5.25 5.40 5.09 5.21
Low 4.90 4.68 4.58 4.56 4.74

EPS Growth

EPS Growth 20242025202620272028
High
171.9%
12.9%
19.1%
4.2%
13.1%
Avg
150.8%
1.0%
3.0%
-5.8%
2.4%
Low
136.5%
-9.8%
-12.8%
-15.6%
-6.8%
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.