What is Scotiabank’s Estimate for ZM FY2025 Earnings?

Zoom Video Communications, Inc. (NASDAQ:ZM) – Scotiabank issued their FY2025 earnings estimates for shares of Zoom Video Communications in a report issued on Wednesday, January 8th. Scotiabank analyst A. Verkhovski anticipates that the company will earn $2.74 per share for the year. Scotiabank has a “Hold” rating on the stock. The consensus estimate for Zoom Video Communications’ current full-year earnings is $2.92 per share. Scotiabank also issued estimates for Zoom Video Communications’ FY2026 earnings at $2.91 EPS.

Several other research firms have also recently weighed in on ZM. Stifel Nicolaus boosted their price objective on shares of Zoom Video Communications from $70.00 to $90.00 and gave the stock a “hold” rating in a research report on Tuesday, November 26th. Piper Sandler upped their price target on Zoom Video Communications from $68.00 to $89.00 and gave the company a “neutral” rating in a research note on Tuesday, November 26th. Rosenblatt Securities reiterated a “buy” rating and issued a $78.00 price target on shares of Zoom Video Communications in a report on Friday, November 22nd. UBS Group boosted their price objective on Zoom Video Communications from $75.00 to $90.00 and gave the stock a “neutral” rating in a report on Tuesday, November 26th. Finally, Mizuho raised their target price on shares of Zoom Video Communications from $90.00 to $105.00 and gave the company an “outperform” rating in a research note on Tuesday, November 26th. One analyst has rated the stock with a sell rating, fifteen have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $87.81.

Zoom Video Communications Trading Down 0.6 %

Shares of ZM stock opened at $79.46 on Monday. Zoom Video Communications has a 1 year low of $55.06 and a 1 year high of $92.80. The firm’s 50 day moving average is $82.96 and its 200-day moving average is $71.10. The firm has a market capitalization of $24.35 billion, a price-to-earnings ratio of 26.49, a PEG ratio of 5.29 and a beta of -0.01.

Institutional Investors Weigh In On Zoom Video Communications

Several institutional investors have recently bought and sold shares of ZM. Itau Unibanco Holding S.A. grew its holdings in shares of Zoom Video Communications by 1.9% in the 3rd quarter. Itau Unibanco Holding S.A. now owns 7,121 shares of the company’s stock valued at $497,000 after acquiring an additional 131 shares in the last quarter. MML Investors Services LLC boosted its position in Zoom Video Communications by 1.4% during the third quarter. MML Investors Services LLC now owns 9,395 shares of the company’s stock valued at $655,000 after purchasing an additional 132 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. grew its stake in Zoom Video Communications by 1.9% in the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 7,970 shares of the company’s stock valued at $556,000 after purchasing an additional 145 shares in the last quarter. MetLife Investment Management LLC increased its position in shares of Zoom Video Communications by 3.4% during the 3rd quarter. MetLife Investment Management LLC now owns 4,619 shares of the company’s stock worth $322,000 after purchasing an additional 154 shares during the last quarter. Finally, GAMMA Investing LLC raised its stake in shares of Zoom Video Communications by 27.1% during the 4th quarter. GAMMA Investing LLC now owns 770 shares of the company’s stock worth $63,000 after purchasing an additional 164 shares in the last quarter. Institutional investors own 66.54% of the company’s stock.

Insiders Place Their Bets

In related news, COO Aparna Bawa sold 9,317 shares of the business’s stock in a transaction on Friday, January 10th. The shares were sold at an average price of $78.69, for a total value of $733,154.73. Following the sale, the chief operating officer now directly owns 14,053 shares of the company’s stock, valued at approximately $1,105,830.57. The trade was a 39.87 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Eric S. Yuan sold 35,722 shares of the stock in a transaction dated Monday, October 21st. The stock was sold at an average price of $71.45, for a total value of $2,552,336.90. Following the transaction, the chief executive officer now owns 57,371 shares of the company’s stock, valued at approximately $4,099,157.95. This trade represents a 38.37 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 358,363 shares of company stock worth $28,010,614 over the last ninety days. 10.78% of the stock is currently 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.