What is Scotiabank’s Estimate for ZM FY2025 Earnings?

Zoom Video Communications, Inc. (NASDAQ:ZM) – Equities researchers at Scotiabank issued their FY2025 earnings estimates for shares of Zoom Video Communications in a research report issued on Wednesday, January 8th. Scotiabank analyst A. Verkhovski forecasts that the company will post earnings of $2.74 per share for the year. Scotiabank currently has a “Hold” rating on the stock. The consensus estimate for Zoom Video Communications’ current full-year earnings is $2.92 per share. Scotiabank also issued estimates for Zoom Video Communications’ FY2026 earnings at $2.91 EPS.

Other research analysts have also issued research reports about the company. Bank of America increased their price objective on Zoom Video Communications from $75.00 to $90.00 and gave the company a “neutral” rating in a report on Tuesday, November 26th. Piper Sandler lifted their price target on shares of Zoom Video Communications from $68.00 to $89.00 and gave the company a “neutral” rating in a research report on Tuesday, November 26th. Benchmark upped their price objective on shares of Zoom Video Communications from $85.00 to $97.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Wells Fargo & Company upgraded Zoom Video Communications from an “underweight” rating to an “equal weight” rating and lifted their price objective for the stock from $70.00 to $85.00 in a research note on Tuesday, January 7th. Finally, Mizuho increased their target price on Zoom Video Communications from $90.00 to $105.00 and gave the company an “outperform” rating in a research note on Tuesday, November 26th. One analyst has rated the stock with a sell rating, fifteen have issued a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $87.81.

Zoom Video Communications Price Performance

NASDAQ ZM opened at $79.20 on Monday. Zoom Video Communications has a fifty-two week low of $55.06 and a fifty-two week high of $92.80. The stock’s 50-day moving average is $83.05 and its two-hundred day moving average is $71.39. The firm has a market cap of $24.27 billion, a P/E ratio of 26.40, a price-to-earnings-growth ratio of 5.29 and a beta of -0.01.

Insider Transactions at Zoom Video Communications

In other Zoom Video Communications news, CAO Shane Crehan sold 1,412 shares of the company’s stock in a transaction on Friday, January 10th. The stock was sold at an average price of $78.69, for a total transaction of $111,110.28. Following the transaction, the chief accounting officer now owns 5,404 shares of the company’s stock, valued at approximately $425,240.76. This represents a 20.72 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Eric S. Yuan sold 178,571 shares of the stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $76.91, for a total value of $13,733,895.61. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 370,592 shares of company stock valued at $28,972,914. Corporate insiders own 10.78% of the company’s stock.

Institutional Investors Weigh In On Zoom Video Communications

Several institutional investors have recently modified their holdings of ZM. Truvestments Capital LLC bought a new stake in Zoom Video Communications in the third quarter valued at about $37,000. Allworth Financial LP grew its position in shares of Zoom Video Communications by 43.8% during the 3rd quarter. Allworth Financial LP now owns 591 shares of the company’s stock worth $41,000 after buying an additional 180 shares during the period. Venturi Wealth Management LLC increased its stake in shares of Zoom Video Communications by 56.0% in the 3rd quarter. Venturi Wealth Management LLC now owns 763 shares of the company’s stock valued at $53,000 after acquiring an additional 274 shares during the last quarter. GAMMA Investing LLC raised its position in shares of Zoom Video Communications by 27.1% in the 4th quarter. GAMMA Investing LLC now owns 770 shares of the company’s stock valued at $63,000 after acquiring an additional 164 shares during the period. Finally, True Wealth Design LLC grew its holdings in Zoom Video Communications by 10,763.6% during the third quarter. True Wealth Design LLC now owns 1,195 shares of the company’s stock valued at $83,000 after purchasing an additional 1,184 shares during the period. Institutional investors and hedge funds own 66.54% of the company’s stock.

About Zoom Video Communications

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.