Zoom Video Communications (NASDAQ:ZM) Updates FY 2025 Earnings Guidance

Zoom Video Communications (NASDAQ:ZM) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share guidance of 5.410-5.430 for the period, compared to the consensus earnings per share estimate of 5.350. The company issued revenue guidance of $4.7 billion-$4.7 billion, compared to the consensus revenue estimate of $4.6 billion. Zoom Video Communications also updated its Q4 guidance to $1.29-1.30 EPS.

Zoom Video Communications Trading Down 6.3 %

NASDAQ ZM opened at $83.41 on Wednesday. The company’s fifty day simple moving average is $74.16 and its 200-day simple moving average is $65.89. Zoom Video Communications has a 52 week low of $55.06 and a 52 week high of $92.80. The stock has a market cap of $25.67 billion, a P/E ratio of 27.80, a PEG ratio of 7.60 and a beta of -0.05.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. JMP Securities reaffirmed a “market perform” rating on shares of Zoom Video Communications in a report on Tuesday. UBS Group upped their price target on shares of Zoom Video Communications from $75.00 to $90.00 and gave the company a “neutral” rating in a report on Tuesday. Morgan Stanley upped their price target on shares of Zoom Video Communications from $68.00 to $86.00 and gave the company an “equal weight” rating in a report on Wednesday, November 13th. Bank of America increased their target price on shares of Zoom Video Communications from $75.00 to $90.00 and gave the stock a “neutral” rating in a report on Tuesday. Finally, Mizuho increased their target price on shares of Zoom Video Communications from $90.00 to $105.00 and gave the stock an “outperform” rating in a report on Tuesday. Two investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $85.20.

Insider Transactions at Zoom Video Communications

In related news, CAO Shane Crehan sold 1,550 shares of the stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $66.87, for a total value of $103,648.50. Following the transaction, the chief accounting officer now owns 1,463 shares in the company, valued at approximately $97,830.81. This represents a 51.44 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Velchamy Sankarlingam sold 3,614 shares of the stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $66.87, for a total value of $241,668.18. Following the completion of the transaction, the insider now owns 94,000 shares in the company, valued at $6,285,780. This represents a 3.70 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 367,108 shares of company stock valued at $26,796,191 over the last three months. 10.78% of the stock is owned by corporate insiders.

Zoom Video Communications Company Profile

Zoom Video Communications, Inc provides unified communications platform 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, an enterprise cloud phone system; and Zoom Chat enables users to share messages, images, audio files, and content in desktop, laptop, tablet, and mobile devices.