Zoom Communications (NASDAQ:ZM) Stock Keeps “Buy” Rating at Rosenblatt Securities

Zoom Communications (NASDAQ:ZM)‘s stock had its “buy” rating reiterated by equities researchers at Rosenblatt Securities in a research note issued to investors on Wednesday, Benzinga reports. They currently have a $130.00 target price on the stock. Rosenblatt Securities‘s price target points to a potential upside of 33.39% from the company’s previous close.

A number of other research analysts also recently issued reports on ZM. Oppenheimer raised shares of Zoom Communications from a “market perform” rating to an “outperform” rating and set a $130.00 price objective on the stock in a research report on Wednesday. Cantor Fitzgerald reissued a “neutral” rating and set a $104.00 price objective on shares of Zoom Communications in a research report on Monday, August 24th. KeyCorp reissued a “sector weight” rating on shares of Zoom Communications in a research report on Wednesday, August 26th. BTIG Research reissued a “buy” rating and set a $125.00 price objective on shares of Zoom Communications in a research report on Monday, August 24th. Finally, Morgan Stanley boosted their price objective on shares of Zoom Communications from $105.00 to $107.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 26th. Sixteen investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $114.61.

Zoom Communications Stock Down 0.1%

Shares of NASDAQ ZM opened at $97.46 on Wednesday. Zoom Communications has a 52 week low of $70.70 and a 52 week high of $114.74. The firm’s fifty day moving average is $96.88 and its 200 day moving average is $94.88. The company has a market cap of $28.44 billion, a price-to-earnings ratio of 9.02, a PEG ratio of 4.51 and a beta of 1.03.

Zoom Communications (NASDAQ:ZM) last issued its earnings results on Tuesday, August 25th. The company reported $1.55 EPS for the quarter, topping the consensus estimate of $1.48 by $0.07. The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.27 billion. Zoom Communications had a net margin of 65.19% and a return on equity of 10.86%. The firm’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.53 earnings per share. Zoom Communications has set its FY 2027 guidance at 6.080-6.120 EPS and its Q3 2027 guidance at 1.460-1.480 EPS. Equities research analysts anticipate that Zoom Communications will post 4.27 earnings per share for the current year.

Insider Buying and Selling at Zoom Communications

In other Zoom Communications news, insider Velchamy Sankarlingam sold 7,645 shares of the business’s stock in a transaction on Monday, October 12th. The shares were sold at an average price of $99.26, for a total transaction of $758,842.70. Following the transaction, the insider directly owned 151,813 shares of the company’s stock, valued at approximately $15,068,958.38. The trade was a 4.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Michelle Chang sold 8,489 shares of the business’s stock in a transaction on Monday, October 12th. The shares were sold at an average price of $99.46, for a total transaction of $844,315.94. Following the sale, the chief financial officer owned 40,438 shares in the company, valued at approximately $4,021,963.48. This trade represents a 17.35% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 71,209 shares of company stock worth $6,938,989. 8.83% of the stock is owned by corporate insiders.

Institutional Trading of Zoom Communications

A number of hedge funds have recently modified their holdings of the business. Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in shares of Zoom Communications by 0.4% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 26,215 shares of the company’s stock valued at $2,380,000 after buying an additional 107 shares in the last quarter. Fortitude Family Office LLC boosted its holdings in shares of Zoom Communications by 27.2% during the 3rd quarter. Fortitude Family Office LLC now owns 533 shares of the company’s stock valued at $48,000 after buying an additional 114 shares in the last quarter. 3Chopt Investment Partners LLC boosted its holdings in shares of Zoom Communications by 1.6% during the 1st quarter. 3Chopt Investment Partners LLC now owns 7,370 shares of the company’s stock valued at $592,000 after buying an additional 119 shares in the last quarter. Rexford Capital Inc. boosted its holdings in shares of Zoom Communications by 45.7% during the 1st quarter. Rexford Capital Inc. now owns 389 shares of the company’s stock valued at $31,000 after buying an additional 122 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Zoom Communications by 133.3% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 350 shares of the company’s stock valued at $30,000 after buying an additional 200 shares in the last quarter. Institutional investors own 66.54% of the company’s stock.

Zoom Communications News Summary

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

• Positive Sentiment: Oppenheimer upgraded Zoom Communications (ZM) from “market perform” to “outperform” and set a $130 price target, citing a more constructive outlook for the stock.
• Positive Sentiment: Rosenblatt Securities reaffirmed its “buy” rating with a $130 target, while BTIG Research maintained its “buy” rating and $125 target. The targets point to substantial potential appreciation from current levels.
• Positive Sentiment: At Zoomtopia, the company introduced a Unified Context Layer and additional AI-powered products intended to convert meeting conversations into completed work across Zoom Workplace, customer experience, developer tools, and events. The initiatives support management’s effort to expand Zoom beyond video conferencing and create new revenue opportunities. Zoom AI strategy announcement
• Positive Sentiment: Tools for Humanity joined Zoom’s ISV Exchange Program, adding capabilities related to proof of human access for business customers. The partnership could strengthen Zoom’s ecosystem and address authentication needs as AI-generated content becomes more prevalent. Tools for Humanity partnership
• Neutral Sentiment: Cantor Fitzgerald reaffirmed its “neutral” rating but increased or maintained its target at $104, suggesting limited upside relative to the more bullish analyst forecasts.
• Neutral Sentiment: Investor commentary is focusing on Zoom’s AI-first repositioning, cash-rich balance sheet, and potential to become a broader workplace platform. These arguments may support valuation, but execution and the company’s relatively modest growth remain important risks. Zoom investor session transcript

Zoom Communications Company Profile

Zoom Communications, Inc (NASDAQ: ZM) is a communications technology company that provides cloud-based collaboration and customer engagement solutions. Founded in 2011 and headquartered in San Jose, California, the company is best known for Zoom Meetings, its videoconferencing platform for online meetings, webinars and virtual events.

The company’s product portfolio also includes Zoom Phone, a cloud-based business phone service; Zoom Team Chat; Zoom Rooms for hybrid meeting spaces; Zoom Whiteboard; and Zoom Contact Center.