Zoom Communications Inc's stock price fell by 4.06% during regular trading, hitting a 20-day low. This decline occurs amid mixed market conditions, with the Nasdaq-100 down 0.25% while the S&P 500 saw a slight increase of 0.03%.
The drop in Zoom's stock price can be attributed to broad market weakness, as the overall market sentiment has shifted, impacting investor confidence despite the company's strong cash flow and profitability improvements. The stock's recent performance reflects a sector rotation, as investors are reallocating their focus in response to changing market dynamics.
Investors may need to consider the implications of this price movement, particularly as Zoom continues to transition to a high-margin enterprise software platform. The company's strong cash flow and ongoing product diversification efforts could provide a foundation for future growth, but current market conditions may pose challenges.
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 92.84 USD with a low forecast of 69.00 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.
22 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 92.84 USD with a low forecast of 69.00 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.
8 Buy
13 Hold
1 Sell
Moderate Buy
Current: 82.760
Low
69.00
Averages
92.84
High
115.00
Current: 82.760
Low
69.00
Averages
92.84
High
115.00
Piper Sandler
Neutral
maintain
$85 -> $91
Al Analysis
2026-01-05
Reason
Piper Sandler
Price Target
$85 -> $91
Al Analysis
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.
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.
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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.
JPMorgan
Neutral
maintain
$85 -> $90
2025-11-25
Reason
JPMorgan
Price Target
$85 -> $90
2025-11-25
maintain
Neutral
Reason
JPMorgan raised the firm's price target on Zoom Communications to $90 from $85 and keeps a Neutral rating on the shares. The company reported "steady" Q3 results and has a path to gradually improve its growth.
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.
