Zoom Video Communications (NASDAQ:ZM) Issues 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 (EPS) guidance of 5.410-5.430 for the period, compared to the consensus 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.

Analyst Ratings Changes

ZM has been the topic of a number of recent analyst reports. Wells Fargo & Company increased their price objective on shares of Zoom Video Communications from $55.00 to $60.00 and gave the company an “underweight” rating in a research report on Thursday, August 22nd. Royal Bank of Canada restated an “outperform” rating and set a $95.00 target price on shares of Zoom Video Communications in a research report on Thursday, October 10th. Wedbush started coverage on shares of Zoom Video Communications in a research report on Thursday, October 17th. They set an “outperform” rating and a $85.00 target price for the company. Benchmark lifted their target price on shares of Zoom Video Communications from $83.00 to $85.00 and gave the stock a “buy” rating in a research note on Thursday, October 10th. Finally, Scotiabank raised Zoom Video Communications to a “hold” rating in a research note on Tuesday, November 19th. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $76.61.

Zoom Video Communications Stock Performance

Shares of NASDAQ:ZM traded up $3.15 during midday trading on Monday, hitting $89.03. 16,226,328 shares of the company’s stock traded hands, compared to its average volume of 3,301,483. The firm’s fifty day moving average price is $73.43 and its two-hundred day moving average price is $65.54. Zoom Video Communications has a twelve month low of $55.06 and a twelve month high of $92.80. The company has a market cap of $27.40 billion, a PE ratio of 33.18, a P/E/G ratio of 7.33 and a beta of -0.05.

Insider Transactions at Zoom Video Communications

In other Zoom Video Communications news, CAO Shane Crehan sold 1,550 shares of the firm’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $66.87, for a total transaction of $103,648.50. Following the completion of the transaction, the chief accounting officer now directly owns 1,463 shares of the company’s stock, valued at $97,830.81. This trade represents a 51.44 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Aparna Bawa sold 880 shares of Zoom Video Communications stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $68.09, for a total value of $59,919.20. Following the completion of the transaction, the chief operating officer now owns 2,809 shares of the company’s stock, valued at $191,264.81. This trade represents a 23.85 % decrease in their ownership of the stock. 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 quarter. Company 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.