Zoom Communications Inc [NASDAQ: ZM] slipped around -6.88 points on Tuesday, while shares priced at $74.22 at the close of the session, down -8.48%.
Compared to the average trading volume of 3.00M shares, ZM reached a trading volume of 11061576 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say 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 $92.32 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 2.34. 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 2.94, with the Price to Sales ratio for ZM stock in the period of the last 12 months amounting to 4.88. The Price to Book ratio for the last quarter was 2.62, with the Price to Cash per share for the same quarter was set at 25.42. Price to Free Cash Flow for ZM in the course of the last twelve months was 12.38 with Quick ratio for the last quarter at 4.50.
How has ZM stock performed recently?
Zoom Communications Inc [ZM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -12.89. With this latest performance, ZM shares dropped by -7.42% in over the last four-week period, additionally plugging by 9.08% over the last 6 months – not to mention a rise of 19.48% 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 26.52, with the RSI for the last a single of trading hit 17.54, and the three-weeks RSI is set at 33.21 for Zoom Communications Inc [ZM]. The present Moving Average for the last 50 days of trading for this stock 83.23, while it was recorded at 81.29 for the last single week of trading, and 71.06 for the last 200 days.
Zoom Communications Inc [ZM]: Deeper insight into the fundamentals
Zoom Communications Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.50 and a Current Ratio set at 4.46.
Earnings analysis for Zoom Communications Inc [ZM]
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 1.31%.
Insider trade positions for Zoom Communications Inc [ZM]
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%.
