Zoom Communications Inc [NASDAQ: ZM] gained 8.10% on the last trading session, reaching $88.64 price per share at the time.
If compared to the average trading volume of 3.18M shares, ZM reached a trading volume of 4966986 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Zoom Communications Inc [ZM]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ZM shares is $92.85 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ZM stock is a recommendation set at 2.36. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Cantor Fitzgerald have made an estimate for Zoom Communications Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on January 17, 2025. While these analysts kept the previous recommendation, Wells Fargo raised their target price from $70 to $85. The new note on the price target was released on January 07, 2025, representing the official price target for Zoom Communications Inc stock. Previously, the target price had yet another raise from $85 to $100, while Jefferies kept a Buy rating on ZM stock. On November 26, 2024, analysts increased their price target for ZM shares from 70 to 115.
The Average True Range (ATR) for Zoom Communications Inc is set at 2.58, with the Price to Sales ratio for ZM stock in the period of the last 12 months amounting to 5.87. The Price to Book ratio for the last quarter was 3.13, with the Price to Cash per share for the same quarter was set at 25.16. Price to Free Cash Flow for ZM in the course of the last twelve months was 15.75 with Quick ratio for the last quarter at 4.50.
Trading performance analysis for ZM stock
Zoom Communications Inc [ZM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 12.86. With this latest performance, ZM shares gained by 3.47% in over the last four-week period, additionally plugging by 47.51% over the last 6 months – not to mention a rise of 31.47% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ZM stock in for the last two-week period is set at 69.57, with the RSI for the last a single of trading hit 79.00, and the three-weeks RSI is set at 64.32 for Zoom Communications Inc [ZM]. The present Moving Average for the last 50 days of trading for this stock 82.66, while it was recorded at 82.02 for the last single week of trading, and 68.83 for the last 200 days.
Zoom Communications Inc [ZM]: A deeper dive into fundamental analysis
Zoom Communications Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.50 and a Current Ratio set at 4.50.
Zoom Communications Inc [ZM]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ZM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Zoom Communications Inc go to 1.82%.
An analysis of Institutional ownership at Zoom Communications Inc [ZM]
There are presently around $68.76%, or 71.83%% of ZM stock, in the hands of institutional investors. The top three institutional holders of ZM stocks are: VANGUARD GROUP INC with ownership of 23.78 million shares, which is approximately 7.704%. BLACKROCK INC., holding 15.53 million shares of the stock with an approximate value of $$919.33 million in ZM stocks shares; and BLACKROCK INC., currently with $$594.83 million in ZM stock with ownership which is approximately 3.2554%.
