Zoom Video Communications, Inc. (ZM)
NASDAQ: ZM · IEX Real-Time Price · USD
59.94
+0.86 (1.46%)
At close: Apr 18, 2024, 4:00 PM
59.71
-0.23 (-0.38%)
After-hours: Apr 18, 2024, 7:57 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 77.6, with a low estimate of 60 and a high estimate of 95. The average target predicts an increase of 29.46% from the current stock price of 59.94.

Analyst Consensus: Hold
Target Low Average Median High
Price $60 $77.6 $80 $95
Change +0.10% +29.46% +33.47% +58.49%

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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 333334
Buy 222222
Hold 151212131413
Sell 012222
Strong Sell 000000
Total 201819202121

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Rosenblatt
Rosenblatt
Strong Buy
Upgrades
$75
Strong Buy Upgrades $75 +25.13% Apr 18, 2024
Rosenblatt
Rosenblatt
Hold
Reiterates
$75
Hold Reiterates $75 +25.13% Mar 26, 2024
Jefferies
Jefferies
Hold
Initiates
$70
Hold Initiates $70 +16.78% Mar 19, 2024
JP Morgan
JP Morgan
Hold
Maintains
$83$80
Hold Maintains $83$80 +33.47% Feb 27, 2024
Mizuho
Mizuho
Strong Buy
Maintains
$100$90
Strong Buy Maintains $100$90 +50.15% Feb 27, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
4.75B
from 4.53B
Increased by 5.01%
Revenue Next Year
4.94B
from 4.75B
Increased by 3.95%
EPS This Year
5.07
from 2.07
Increased by 144.71%
EPS Next Year
5.13
from 5.07
Increased by 1.19%
Year 2019202020212022202320242025202620272028
Revenue
622.66M2.65B4.10B4.39B4.53B4.75B4.94B5.18B5.90B6.29B
Revenue Growth
88.39%325.81%54.63%7.15%3.06%5.01%3.95%4.82%13.84%6.68%
EPS
0.092.254.500.342.075.075.135.245.505.99
EPS Growth
-2,400.00%100.00%-92.44%508.82%144.71%1.19%2.26%4.84%9.09%
No. Analysts -----37351655
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 5.0B 5.5B 6.0B 6.4B 6.9B
Avg 4.8B 4.9B 5.2B 5.9B 6.3B
Low 4.5B 4.5B 4.6B 5.3B 5.6B

Revenue Growth

Revenue Growth 20242025202620272028
High
10.8%
14.8%
21.1%
22.9%
17.4%
Avg
5.0%
4.0%
4.8%
13.8%
6.7%
Low
-0.6%
-4.7%
-7.8%
2.5%
-5.5%

EPS Forecast

EPS 20242025202620272028
High 5.73 5.78 5.98 6.09 6.47
Avg 5.07 5.13 5.24 5.50 5.99
Low 4.73 4.49 4.29 4.77 5.37

EPS Growth

EPS Growth 20242025202620272028
High
177.0%
14.0%
16.6%
16.2%
17.7%
Avg
144.7%
1.2%
2.3%
4.8%
9.1%
Low
128.7%
-11.4%
-16.3%
-8.9%
-2.3%
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.