Zoom Communications (ZM) Stock Overview
Provides an Artificial Intelligence-first open work platform for human connection in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
ZM Community Fair Values
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Analyst Price Targets
JO
Jolt_Communications
Community ContributorUS$6.85FV • 64.1% undervalued intrinsic discount
73.0%Revenue growth p.a.
3.1k
7
0
73
Zoom Communications, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$103.44 |
| 52 Week High | US$104.14 |
| 52 Week Low | US$69.15 |
| Beta | 0.88 |
| 1 Month Change | 28.18% |
| 3 Month Change | 12.31% |
| 1 Year Change | 32.23% |
| 3 Year Change | 63.15% |
| 5 Year Change | -64.96% |
| Change since IPO | 66.84% |
Recent News & Updates
ZM: AI Integration And Anthropic Stake Are Expected To Support Steady Outlook
Analysts have made only modest adjustments to Zoom Communications' price targets, with figures now ranging from about $74 to $115, as they factor in recent Q4 execution, the Claude Cowork launch, and the potential impact of the Anthropic investment on future growth drivers and margins. Analyst Commentary Recent research on Zoom Communications reflects a split view, with some analysts focusing on AI driven upside and execution, while others question how the company stacks up against faster growing software peers.Zoom: Potential Value Trap With Single-Digit Growth Profile - Maintain Hold
Apr 14Recent updates
ZM: AI Integration And Anthropic Stake Are Expected To Support Steady Outlook
Analysts have made only modest adjustments to Zoom Communications' price targets, with figures now ranging from about $74 to $115, as they factor in recent Q4 execution, the Claude Cowork launch, and the potential impact of the Anthropic investment on future growth drivers and margins. Analyst Commentary Recent research on Zoom Communications reflects a split view, with some analysts focusing on AI driven upside and execution, while others question how the company stacks up against faster growing software peers.Zoom: Potential Value Trap With Single-Digit Growth Profile - Maintain Hold
Apr 14
ZM: AI Suite And Anthropic Stake Will Support Future Repricing
Narrative Update on Zoom Communications The analyst price target framework for Zoom Communications has shifted toward a lower future P/E assumption, alongside modestly higher revenue growth and profit margin inputs. This echoes recent Street research, where several firms adjusted targets in a $74 to $115 range as analysts weigh solid Q4 execution, AI monetization potential, Anthropic exposure, and the trade-off between growth investments and near-term margin expansion.ZM: AI Expansion And Anthropic Investment Are Expected To Support Upside
Analysts have modestly adjusted Zoom Communications' price targets, with moves ranging from a $5 cut to $100 to a $6 lift to $115. The changes reflect mixed views on its Q4 execution, investment in AI and product expansion, and the trade off between a pause in near term margins and longer term growth potential.
ZM: AI Monetization And Contact Center Expansion Will Likely Offer Balanced Outcomes
Our analyst price target for Zoom Communications edges lower to reflect a modest fair value adjustment to about $73, even as analysts highlight ongoing operating consistency, product investment, and emerging AI monetization as key parts of the story. Analyst Commentary Recent research on Zoom Communications reflects a wide range of opinions on where the stock should trade, even as recent quarters have generally tracked ahead of guidance and highlighted steady operations.ZM: AI Monetization And Contact Center Execution Will Likely Disappoint Expectations
Analysts have raised their fair value estimate for Zoom Communications to $73.19 from $69.45, citing slightly higher expected revenue growth, stronger profit margins, and a lower assumed future P/E multiple. This revision is supported by recent upgrades that emphasize potential benefits from new product launches and the company's AI initiatives.ZM: Partner-First Pivot And AI Efforts Are Expected To Support Upside
Our analyst price target for Zoom Communications edges higher to reflect a fair value estimate of $97.59 per share, supported by slightly adjusted growth, discount rate, and future P/E assumptions that align with recent upgrades and AI focused optimism from Street analysts. Analyst Commentary Recent research on Zoom Communications has tilted more positive, with several bullish analysts updating views around product momentum, artificial intelligence initiatives, and the company’s go to market execution.ZM: Partner-First Pivot And AI Monetization Are Expected To Drive Upside
Analysts have nudged their price targets for Zoom Communications higher, with Citi and Rosenblatt citing what they see as an undemanding valuation, a path toward about 5% sales growth, new AI and contact center products, and progress on a partner first go to market model. These factors support moves such as Citi's increase to US$106 from US$94 and Rosenblatt's lift to US$115 from US$110.ZM: Partner-First Pivot And AI Suite Will Support Future Repricing
Analysts have lifted their price target on Zoom Communications to $115 from $110, citing slightly stronger revenue growth assumptions and a partner first sales model. They say this model is driving more constructive channel checks around the company’s medium term outlook.Zoom Communications, Inc.'s (NASDAQ:ZM) Low P/E No Reason For Excitement
Jan 03
ZM: Partner-First Pivot And Emerging AI Products Will Support Steady Future Upside
Analysts have nudged their fair value estimate for Zoom Communications modestly higher to approximately $95 per share. This reflects a slightly richer future earnings multiple supported by bullish partner-led channel checks for fiscal 2026 and 2027, along with a stable core business complemented by emerging growth products.ZM: Partner-First Model And AI Monetization Will Support Upside Repricing
Analysts have nudged their average price target on Zoom Communications up to $115 from $110, citing increasingly bullish channel checks around the company’s partner first go to market pivot, modestly stronger long term revenue growth expectations, and a willingness to underwrite a higher future earnings multiple despite some compression in projected profit margins. Analyst Commentary Recent Street research on Zoom Communications shows a constructive backdrop, with several bullish analysts pointing to improving execution and a clearer growth path.Earnings Beat: Zoom Communications Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Nov 28ZM: Market Opportunities Will Expand With The Shift To A Partner-First Model
Analysts have raised their price target for Zoom Communications from $110 to $115, citing improving revenue growth projections, higher profit margins, and increased confidence in the company's evolving go-to-market strategies. Analyst Commentary Recent analyst reports on Zoom Communications reflect a range of perspectives, with both optimistic and cautious views regarding the company’s near-term and long-term prospects.AI Features Will Expand Enterprise Markets Despite Cloud Competition
The consensus analyst price target for Zoom Communications edged up to $92.30, as strong Q2 results, accelerating revenue growth, expanding AI-driven products, and robust large-customer momentum outweighed ongoing macro uncertainties. Analyst Commentary Bullish analysts raised price targets due to solid Q2 results, with the company's revenue growth reaching its highest level in 11 quarters, providing quarterly beats and upgraded forward guidance.Is There An Opportunity With Zoom Communications Inc.'s (NASDAQ:ZM) 40% Undervaluation?
Aug 05Earnings Not Telling The Story For Zoom Communications Inc. (NASDAQ:ZM)
Jun 10Zoom: Deep Value Tariff Buy With 35% Net Cash
Apr 21Zoom: At <10x FCF And Ex-Cash P/E, All You Need Is Patience
Mar 22Zoom Communications: 2 Things That Would Make Us Buy - Maintaining Hold
Feb 25Zoom Looks Undervalued Ahead Of Q4 Earnings
Feb 19Zoom Communications Could Be A Value Trap At This Point
Jan 29Zoom: A Perfect Value Play For 2025
Dec 26Zoom Q3 Preview: Business Is Accelerating
Nov 24Zoom's Limited Growth Prospects Cap Its Investment Potential
Oct 28Zoom: Ready To Move Higher (Rating Upgrade)
Sep 23
AI Ambitions And Expansions Could Squeeze The Company's Profit Margins And Stir Investor Concerns
Investment in new features and AI capabilities might pressure near-term profits due to high R&D and market development costs.Shareholder Returns
| ZM | US Software | US Market | |
|---|---|---|---|
| 7D | 12.4% | -0.6% | 0.8% |
| 1Y | 32.2% | -8.3% | 27.7% |
Return vs Industry: ZM exceeded the US Software industry which returned -8.3% over the past year.
Return vs Market: ZM exceeded the US Market which returned 27.7% over the past year.
Price Volatility
| ZM volatility | |
|---|---|
| ZM Average Weekly Movement | 6.7% |
| Software Industry Average Movement | 10.2% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.2% |
| 10% least volatile stocks in US Market | 3.3% |
Stable Share Price: ZM has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: ZM's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2011 | 7,438 | Eric Yuan | www.zoom.com |
Zoom Communications, Inc. provides an Artificial Intelligence-first open work platform for human connection 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, a cloud phone system; and Zoom Team Chat enables users to share messages, images, files, and content in desktop, laptop, tablet, and mobile devices. It also provides Zoom Docs, a modular workspace; Zoom Whiteboard, an interactive canvas; Zoom Clips for capturing video and screen content; Zoom Rooms, a software-based conference room system; and Workspace Reservation.
Zoom Communications, Inc. Fundamentals Summary
| ZM fundamental statistics | |
|---|---|
| Market cap | US$28.63b |
| Earnings (TTM) | US$1.90b |
| Revenue (TTM) | US$4.87b |
16.0x
P/E Ratio6.3x
P/S RatioIs ZM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ZM income statement (TTM) | |
|---|---|
| Revenue | US$4.87b |
| Cost of Revenue | US$1.10b |
| Gross Profit | US$3.77b |
| Other Expenses | US$1.87b |
| Earnings | US$1.90b |
Last Reported Earnings
Jan 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 6.45 |
| Gross Margin | 77.39% |
| Net Profit Margin | 39.03% |
| Debt/Equity Ratio | 0% |
How did ZM perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/01 04:50 |
| End of Day Share Price | 2026/05/01 00:00 |
| Earnings | 2026/01/31 |
| Annual Earnings | 2026/01/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Zoom Communications, Inc. is covered by 47 analysts. 30 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Joseph Bonner | Argus Research Company |
| null null | Argus Research Company |
| William Power | Baird |