ZM

Zoom Communications Inc

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Advanced Chart

84.120

+0.08(0.095%)1D

Line

Candle

YTD

High

84.470

Open

82.721

VWAP

83.34

Vol

347.71K

Mkt Cap

25.15B

Low

82.640

Amount

28.98M

EV/EBITDA(TTM)

12.36

Total Shares

309.28M

17.37B

EV/OCF(TTM)

9.08

P/S(TTM)

5.53

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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2027Q1

FY2026Q4

FY2026Q3

1.23B

+4.52%

1.435

+0.32%

1.24B

+4.35%

1.461

+3.64%

1.22B

+3.37%

1.397

+1.22%

Estimates Revision

The market is revising Upward the revenue expectations for Zoom Communications Inc. (ZM) for FY2026, with the revenue forecasts being adjusted by 0.5% over the past three months. During the same period, the stock price has changed by 17.06%.

Revenue Estimates for FY2026

Revise Upward

+0.5%

In Past 3 Month

EPS Estimates for FY2026

Revise Upward

+4.63%

In Past 3 Month

Stock Price

Go Up

+17.06%

In Past 3 Month

22 Analyst Rating

9.87% Upside

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 92.42 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.

9 Buy

12 Hold

1 Sell

Moderate Buy

9.87% Upside

Current: 84.120

Low

69.00

Averages

92.42

High

115.00

9.87% Upside

Current: 84.120

Low

69.00

Averages

92.42

High

115.00

Rosenblatt

Buy

maintain

$110 -> $115

2025-11-11

New

Reason

Rosenblatt

Price Target

$110 -> $115

2025-11-11

New

maintain

Buy

Reason

Rosenblatt raised the firm's price target on Zoom Communications to $115 from $110 and keeps a Buy rating on the shares. The firm upped fiscal 2026 and 2027 revenue estimates ahead of the company's earnings report citing "highly bullish" channel checks. Zoom's "180-degree" pivot to a partner-first model is "supercharging" its go-to-market motion, the analyst tells investors in a research note.

Morgan Stanley

Equal Weight

initiated

$85

2025-10-21

Reason

Morgan Stanley

Price Target

$85

2025-10-21

initiated

Equal Weight

Reason

Morgan Stanley resumed coverage of Zoom Communications with an Equal Weight rating and $85 price target. The firm channel checks indicate the company's core business is stable while it launches "several attractive" growth products. While Zoom's valuation is "undemanding" and suggests limited share downside, a more meaningful growth acceleration is needed to drive a re-rating, the analyst tells investors in a research note.

UBS

Neutral

initiated

$85

2025-10-20

Reason

UBS

Price Target

$85

2025-10-20

initiated

Neutral

Reason

UBS assumed coverage of Zoom Communications with a Neutral rating and $85 price target. The firm awaits a growth acceleration at Zoom before recommending the shares. It views the stock's risk/reward as balanced at current levels.

Wells Fargo

Equal Weight

initiated

$90

2025-09-30

Reason

Wells Fargo

Price Target

$90

2025-09-30

initiated

Equal Weight

Reason

Wells Fargo initiated coverage of Zoom Communications with an Equal Weight rating and $90 price target. The firm starts coverage on the sidelines as it weighs improving Enterprise trends against lingering Online headwinds and an AI contribution that it calls "promising but still early."

Stifel

Hold

maintain

$80 -> $90

2025-09-18

Reason

Stifel

Price Target

$80 -> $90

2025-09-18

maintain

Hold

Reason

Stifel raised the firm's price target on Zoom Communications to $90 from $80 and keeps a Hold rating on the shares after Zoom hosted its virtual Zoomtopia customer event and investor session. The firm believes Zoom "continues to tell compelling stories around its AI monetization strategy and ZCX" and believes the investor session "clearly displayed the company's confidence in realizing those visions," the analyst tells investors.

Benchmark

Matthew Harrigan

Buy

maintain

$102 -> $110

2025-09-18

Reason

Benchmark

Matthew Harrigan

Price Target

$102 -> $110

2025-09-18

maintain

Buy

Reason

Benchmark analyst Matthew Harrigan raised the firm's price target on Zoom Communications to $110 from $102 and keeps a Buy rating on the shares following "mild post F2026 estimate increases" that reflect product momentum, especially Zoom Phone, and gradual agentic AI monetization inroads detailed in the company's Zoomtopia presentations.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Zoom Communications Inc (ZM.O) is 14.49, compared to its 5-year average forward P/E of 31.89. For a more detailed relative valuation and DCF analysis to assess Zoom Communications Inc 's fair value, click here.

Forward PE
Forward EV/EBITDA
Forward PS

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

31.89

Current PE

14.49

Overvalued PE

61.77

Undervalued PE

2.01

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

22.64

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

48.45

Undervalued EV/EBITDA

-3.16

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

N/A

5Y Average PS

10.27

Current PS

84.04

Overvalued PS

21.52

Undervalued PS

-0.98