Shares of Zoom Communications (ZM.O) declined 2.8% today, closing at $81.86, marking a new 20-day low. This technical breakdown signals increased bearish momentum as the stock struggles to maintain its recent gains. Despite a modest 5.26% rise over the past month, the stock's current performance underwhelms compared to the broader market and its peers.
The decline comes as investors await Zoom's upcoming earnings report on November 24, 2025, where expectations are set for an EPS of $1.43 and revenue of $1.21 billion. Analysts maintain a Zacks Rank of #3 (Hold) for Zoom, reflecting a neutral outlook amid stable estimates. The company’s Forward P/E ratio of 14.44 remains below the industry average, indicating potential valuation concerns as it navigates a competitive landscape in the Internet - Software sector, which is currently performing well overall.
Wall Street analysts forecast ZM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ZM is 99.33 USD with a low forecast of 85.00 USD and a high forecast of 115.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
20 Analyst Rating
Wall Street analysts forecast ZM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ZM is 99.33 USD with a low forecast of 85.00 USD and a high forecast of 115.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Buy
7 Hold
1 Sell
Moderate Buy
Current: 96.220
Low
85.00
Averages
99.33
High
115.00
Current: 96.220
Low
85.00
Averages
99.33
High
115.00
Baird
Baird
Outperform
maintain
$95
2026-01-26
New
Reason
Baird
Baird
Price Target
$95
AI Analysis
2026-01-26
New
maintain
Outperform
Reason
Baird notes that the firm and the market have been primarily focused on Zoom Communications' ability to gradually reaccelerate revenue growth and capture AI opportunities. However, "the quieter, hidden gem" might be its $51M investment in Anthropic in 2023, the analyst tells investors. At Anthropic's rumored current $350B valuation, the firm estimates that stake could be worth anywhere from $2B-$4B, depending on dilution assumptions, says the analyst, who has an Outperform rating and $95 price target on Zoom shares.
Piper Sandler
Neutral
maintain
$85 -> $91
2026-01-05
Reason
Piper Sandler
Price Target
$85 -> $91
2026-01-05
maintain
Neutral
Reason
Piper Sandler raised the firm's price target on Zoom Communications to $91 from $85 and keeps a Neutral rating on the shares. The firm says it is raising multiple to 10-times free cash flow.
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BTIG
Allan Verkhovski
Buy
initiated
$105
2025-12-16
Reason
BTIG
Allan Verkhovski
Price Target
$105
2025-12-16
initiated
Buy
Reason
BTIG analyst Allan Verkhovski initiated coverage of Zoom Communications with a Buy rating and $105 price target.
BTIG
NULL -> Buy
initiated
$105
2025-12-16
Reason
BTIG
Price Target
$105
2025-12-16
initiated
NULL -> Buy
Reason
BTIG assumed coverage of Zoom Communications with a Buy rating and $105 price target. The firm believes Zoom can accelerate revenue growth to 5% next quarter to $5B in annualized revenue driven by its enterprise revenue growth reaching 7%. Meanwhile, the company's online business has all-time low average monthly churn of 2.7% and is likely to benefit next year from a potential price increase, the analyst tells investors in a research note.
About ZM
Zoom Communications, Inc. provides an artificial intelligence (AI) work platform for human connection. Zoom Workplace, the Company’s AI-powered, open collaboration platform built for modern work, enables us to streamline communications, increase employee engagement, optimize in-person time, improve productivity, and offer customer choice with third-party apps and integrations. Zoom Workplace, powered by Zoom AI Companion, includes collaboration solutions like meetings, team chat, phone, scheduler, whiteboard, spaces, Workvivo, and more. Its communication products include Zoom Meetings, Zoom Phone, Zoom Team Chat, Zoom scheduler, and Zoom mail and calendar. Its productivity products include Zoom Docs, Zoom Whiteboard, Zoom Clips, and Zoom Tasks. Its space products include Zoom Rooms, Zoom Workspace Reservation, and Zoom Visitor Management. It serves various industries, including education, financial services, government, retail, manufacturing and healthcare.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
