Zoom Video Communications (NASDAQ:ZM) Issues FY 2025 Earnings Guidance

Zoom Video Communications (NASDAQ:ZM) updated its FY 2025 earnings guidance on Monday. The company provided EPS guidance of 5.410-5.430 for the period, compared to the consensus EPS 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.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. JMP Securities restated a “market perform” rating on shares of Zoom Video Communications in a research report on Tuesday. The Goldman Sachs Group upped their target price on Zoom Video Communications from $72.00 to $86.00 and gave the stock a “neutral” rating in a research report on Tuesday. Deutsche Bank Aktiengesellschaft upped their price target on Zoom Video Communications from $71.00 to $75.00 and gave the company a “hold” rating in a report on Friday, August 23rd. Wells Fargo & Company upped their price target on Zoom Video Communications from $60.00 to $70.00 and gave the company an “underweight” rating in a report on Tuesday. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Zoom Video Communications in a report on Friday, October 11th. Two investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $85.19.

Zoom Video Communications Stock Up 2.3 %

Shares of NASDAQ:ZM opened at $85.36 on Thursday. Zoom Video Communications has a 12-month low of $55.06 and a 12-month high of $92.80. The company has a market cap of $26.27 billion, a P/E ratio of 28.45, a price-to-earnings-growth ratio of 7.12 and a beta of -0.05. The company’s fifty day moving average is $74.55 and its two-hundred day moving average is $66.03.

Insider Transactions at Zoom Video Communications

In related news, CFO Kelly Steckelberg sold 14,151 shares of the company’s stock in a transaction on Wednesday, October 9th. The shares were sold at an average price of $68.12, for a total value of $963,966.12. Following the completion of the sale, the chief financial officer now directly owns 140,427 shares in the company, valued at approximately $9,565,887.24. This represents a 9.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Eric S. Yuan sold 178,571 shares of the company’s stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $76.91, for a total transaction of $13,733,895.61. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 367,108 shares of company stock valued at $26,796,191. 10.78% of the stock is owned by insiders.

Zoom Video Communications Company Profile

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.