KeyCorp Issues Positive Forecast for Zoom Communications (NASDAQ:ZM) Stock Price

Zoom Communications (NASDAQ:ZM) had its price objective lifted by equities research analysts at KeyCorp from $69.00 to $74.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has an “underweight” rating on the stock. KeyCorp’s price target would indicate a potential downside of 0.57% from the stock’s current price.

A number of other equities analysts have also commented on ZM. Rosenblatt Securities reiterated a “buy” rating and issued a $115.00 price objective on shares of Zoom Communications in a research note on Thursday. Citizens Jmp reaffirmed a “market perform” rating on shares of Zoom Communications in a report on Tuesday. Royal Bank Of Canada reiterated an “outperform” rating and set a $100.00 price target on shares of Zoom Communications in a report on Tuesday, November 25th. JPMorgan Chase & Co. increased their price objective on Zoom Communications from $85.00 to $90.00 and gave the company a “neutral” rating in a research report on Tuesday, November 25th. Finally, Zacks Research downgraded shares of Zoom Communications from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 13th. Fourteen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $95.41.

Zoom Communications Price Performance

Shares of NASDAQ ZM traded down $11.01 during trading hours on Thursday, hitting $74.42. 3,295,743 shares of the stock were exchanged, compared to its average volume of 3,788,240. Zoom Communications has a one year low of $64.41 and a one year high of $97.58. The company’s 50 day moving average is $88.22 and its 200 day moving average is $84.43. The firm has a market capitalization of $22.04 billion, a P/E ratio of 14.42, a P/E/G ratio of 7.84 and a beta of 0.90.

Zoom Communications (NASDAQ:ZM) last announced its earnings results on Monday, November 24th. The company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.44 by $0.08. Zoom Communications had a net margin of 33.17% and a return on equity of 12.20%. The firm had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter last year, the firm posted $1.38 EPS. The business’s quarterly revenue was up 4.4% on a year-over-year basis. Research analysts anticipate that Zoom Communications will post 2.93 earnings per share for the current fiscal year.

Insider Transactions at Zoom Communications

In related news, CFO Michelle Chang sold 8,417 shares of the business’s stock in a transaction on Monday, January 12th. The shares were sold at an average price of $86.54, for a total transaction of $728,407.18. Following the transaction, the chief financial officer directly owned 25,482 shares in the company, valued at approximately $2,205,212.28. The trade was a 24.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Aparna Bawa sold 12,137 shares of the company’s stock in a transaction on Friday, January 16th. The stock was sold at an average price of $81.37, for a total transaction of $987,587.69. Following the sale, the chief operating officer directly owned 1,978 shares in the company, valued at $160,949.86. This trade represents a 85.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 183,089 shares of company stock valued at $15,751,383. 11.51% of the stock is owned by insiders.

Hedge Funds Weigh In On Zoom Communications

Several institutional investors and hedge funds have recently modified their holdings of ZM. Norges Bank bought a new stake in shares of Zoom Communications during the 2nd quarter worth about $539,998,000. AQR Capital Management LLC raised its holdings in Zoom Communications by 43.9% in the 4th quarter. AQR Capital Management LLC now owns 12,195,243 shares of the company’s stock valued at $1,052,328,000 after acquiring an additional 3,718,186 shares during the period. Acadian Asset Management LLC lifted its position in Zoom Communications by 41.1% during the second quarter. Acadian Asset Management LLC now owns 3,769,480 shares of the company’s stock worth $293,909,000 after acquiring an additional 1,097,333 shares during the last quarter. Two Sigma Investments LP bought a new stake in shares of Zoom Communications during the third quarter worth approximately $86,709,000. Finally, Vanguard Group Inc. boosted its holdings in shares of Zoom Communications by 4.0% during the fourth quarter. Vanguard Group Inc. now owns 26,967,224 shares of the company’s stock worth $2,327,002,000 after acquiring an additional 1,029,623 shares during the period. 66.54% of the stock is currently owned by institutional investors and hedge funds.

More Zoom Communications News

Here are the key news stories impacting Zoom Communications this week:

• Positive Sentiment: Completed $2.7 billion share-repurchase program, which reduces float and supports EPS and valuation; this corporate action is a clear buyback tailwind for shareholders. Read More.
• Positive Sentiment: Launched Zoom Virtual Agent 3.0 — an upgraded AI customer‑service automation product that can drive enterprise upsells and deepen stickiness of Zoom’s platform. Read More.
• Positive Sentiment: Reported revenue above Street estimates and continued enterprise revenue growth (Q4 total revenue ~$1.25B; enterprise revenue up ~7% YoY), showing demand resilience in higher‑value customers. Read More.
• Positive Sentiment: Rosenblatt reaffirmed a “buy” rating with a $115 price target, signaling some analysts see significant upside from current levels. Read More.
• Neutral Sentiment: Citizens Jmp reiterated a “market perform” rating, reflecting mixed analyst views on near‑term growth vs. longer‑term opportunity. Read More.
• Neutral Sentiment: Full Q4 earnings materials and call transcript are available for deeper inspection — useful for investors who want detail on customer cohorts, margins and guidance assumptions. Read More.
• Negative Sentiment: Non‑GAAP EPS missed consensus (reported $1.44 vs. ~$1.48 expected) and some headlines flagged weaker profit guidance, which pressured sentiment after the print. Read More.
• Negative Sentiment: Management warned about margin/earnings pressure from intense competition (Microsoft Teams, Google Meet) and slower consumer demand, a structural headwind that may constrain growth and multiples. Read More.
• Negative Sentiment: Market reaction was negative (shares fell notably after the report), reflecting investor concern that the near‑term profitability/growth trajectory is weaker than hoped despite longer‑term AI and buyback positives. Read More.

About Zoom Communications

Zoom Video Communications, Inc (commonly referred to as Zoom) is a provider of cloud-based communications and collaboration solutions. The company’s platform supports video conferencing, voice calling, instant messaging, webinars and large-scale virtual events, and meeting room systems, marketed to businesses, educational institutions, government organizations and individual users. Zoom’s product lineup includes Zoom Meetings, Zoom Phone, Zoom Rooms, Zoom Video Webinars and Zoom Chat, and the company offers integrations and extensions through a developer marketplace and third-party apps.

Founded in 2011 by Eric S.