Zacks Research Has Optimistic Outlook of ZM Q1 Earnings

Zoom Video Communications, Inc. (NASDAQ:ZM) – Research analysts at Zacks Research raised their Q1 2026 EPS estimates for Zoom Video Communications in a note issued to investors on Monday, March 17th. Zacks Research analyst R. Department now forecasts that the company will post earnings of $0.71 per share for the quarter, up from their prior forecast of $0.66. The consensus estimate for Zoom Video Communications’ current full-year earnings is $2.93 per share. Zacks Research also issued estimates for Zoom Video Communications’ Q2 2026 earnings at $0.72 EPS, Q3 2026 earnings at $0.74 EPS, Q4 2026 earnings at $0.75 EPS, FY2026 earnings at $2.93 EPS, Q1 2027 earnings at $0.75 EPS, Q2 2027 earnings at $0.74 EPS, Q3 2027 earnings at $0.75 EPS, Q4 2027 earnings at $0.76 EPS, FY2027 earnings at $3.00 EPS and FY2028 earnings at $3.11 EPS.

Several other equities research analysts have also recently issued reports on ZM. Jefferies Financial Group upgraded Zoom Video Communications from a “hold” rating to a “buy” rating and raised their price objective for the stock from $85.00 to $100.00 in a report on Thursday, December 19th. Stifel Nicolaus decreased their price target on Zoom Video Communications from $90.00 to $85.00 and set a “hold” rating on the stock in a research note on Tuesday, February 25th. Rosenblatt Securities reaffirmed a “buy” rating and set a $95.00 price objective on shares of Zoom Video Communications in a research note on Wednesday. Cantor Fitzgerald reiterated a “neutral” rating and set a $87.00 price objective on shares of Zoom Video Communications in a report on Tuesday, February 25th. Finally, Bank of America boosted their target price on shares of Zoom Video Communications from $75.00 to $90.00 and gave the company a “neutral” rating in a report on Tuesday, November 26th. Fifteen equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $89.33.

Zoom Video Communications Stock Performance

Shares of NASDAQ ZM opened at $75.97 on Thursday. The firm has a market cap of $23.19 billion, a P/E ratio of 25.32, a price-to-earnings-growth ratio of 5.48 and a beta of 0.26. 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 price is $79.98 and its 200 day moving average price is $77.82.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in ZM. HighTower Advisors LLC lifted its holdings in Zoom Video Communications by 449.4% during the 3rd quarter. HighTower Advisors LLC now owns 63,618 shares of the company’s stock worth $4,429,000 after buying an additional 52,039 shares during the last quarter. Merit Financial Group LLC acquired a new stake in shares of Zoom Video Communications during the 4th quarter valued at approximately $1,072,000. Eagle Asset Management Inc. acquired a new stake in shares of Zoom Video Communications during the 3rd quarter valued at approximately $62,038,000. State Street Corp lifted its stake in Zoom Video Communications by 2.3% during the third quarter. State Street Corp now owns 6,106,293 shares of the company’s stock worth $425,853,000 after purchasing an additional 134,559 shares during the last quarter. Finally, Nordea Investment Management AB boosted its holdings in Zoom Video Communications by 202.8% in the fourth quarter. Nordea Investment Management AB now owns 779,051 shares of the company’s stock worth $64,054,000 after purchasing an additional 521,778 shares during the period. 66.54% of the stock is currently owned by institutional investors.

Insider Transactions at Zoom Video Communications

In other Zoom Video Communications news, CEO Eric S. Yuan sold 83,332 shares of the firm’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $86.28, for a total transaction of $7,189,884.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jonathan Chadwick sold 25,000 shares of Zoom Video Communications stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $80.33, for a total value of $2,008,250.00. Following the sale, the director now owns 1,514 shares in the company, valued at $121,619.62. This represents a 94.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 369,271 shares of company stock valued at $29,496,892. Corporate insiders own 10.78% of the company’s stock.

About Zoom Video Communications

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.