What is Zacks Research's Forecast for ZM Q1 Earnings?

Zoom Video Communications, Inc. (NASDAQ:ZM - Free Report) - Stock analysts at Zacks Research boosted their Q1 2026 EPS estimates for shares of Zoom Video Communications in a note issued to investors on Monday, March 17th. Zacks Research analyst R. Department now expects that the company will earn $0.71 per share for the quarter, up from their prior forecast of $0.66. The consensus estimate for Zoom Video Communications' current full-year earnings is $2.93 per share. Zacks Research also issued estimates for Zoom Video Communications' Q2 2026 earnings at $0.72 EPS, Q3 2026 earnings at $0.74 EPS, Q4 2026 earnings at $0.75 EPS, FY2026 earnings at $2.93 EPS, Q1 2027 earnings at $0.75 EPS, Q2 2027 earnings at $0.74 EPS, Q3 2027 earnings at $0.75 EPS, Q4 2027 earnings at $0.76 EPS, FY2027 earnings at $3.00 EPS and FY2028 earnings at $3.11 EPS.

A number of other equities research analysts have also recently issued reports on ZM. Morgan Stanley upped their price objective on Zoom Video Communications from $86.00 to $96.00 and gave the stock an "equal weight" rating in a research note on Wednesday, December 18th. Rosenblatt Securities reiterated a "buy" rating and issued a $95.00 price target on shares of Zoom Video Communications in a research note on Wednesday, March 19th. Evercore ISI raised shares of Zoom Video Communications from an "in-line" rating to an "outperform" rating and lifted their price objective for the company from $70.00 to $115.00 in a research report on Tuesday, November 26th. Sanford C. Bernstein upped their target price on shares of Zoom Video Communications from $78.00 to $89.00 and gave the company a "market perform" rating in a report on Tuesday, November 26th. Finally, Wells Fargo & Company upgraded shares of Zoom Video Communications from an "underweight" rating to an "equal weight" rating and raised their target price for the company from $70.00 to $85.00 in a research note on Tuesday, January 7th. Fifteen investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $89.33.

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Zoom Video Communications Stock Performance

NASDAQ ZM traded up $2.23 during trading hours on Thursday, hitting $78.20. 1,969,972 shares of the company traded hands, compared to its average volume of 3,038,958. The business's 50-day moving average is $79.97 and its 200-day moving average is $78.03. The stock has a market capitalization of $23.87 billion, a price-to-earnings ratio of 26.07, a P/E/G ratio of 5.48 and a beta of 0.26. Zoom Video Communications has a twelve month low of $55.06 and a twelve month high of $92.80.

Insider Buying and Selling

In other Zoom Video Communications news, CEO Eric S. Yuan sold 75,531 shares of the firm's stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $74.98, for a total value of $5,663,314.38. The sale was disclosed in a filing with the SEC, which is available at this link. Also, COO Aparna Bawa sold 9,317 shares of the business's stock in a transaction on Friday, January 10th. The stock was sold at an average price of $78.69, for a total value of $733,154.73. Following the transaction, the chief operating officer now directly owns 14,053 shares of the company's stock, valued at $1,105,830.57. This trade represents a 39.87 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 369,271 shares of company stock valued at $29,496,892 over the last 90 days. 10.78% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Adero Partners LLC boosted its stake in shares of Zoom Video Communications by 2.4% in the 4th quarter. Adero Partners LLC now owns 5,509 shares of the company's stock valued at $450,000 after purchasing an additional 129 shares in the last quarter. Itau Unibanco Holding S.A. boosted its position in Zoom Video Communications by 1.9% in the third quarter. Itau Unibanco Holding S.A. now owns 7,121 shares of the company's stock valued at $497,000 after buying an additional 131 shares in the last quarter. MML Investors Services LLC grew its stake in shares of Zoom Video Communications by 1.4% during the third quarter. MML Investors Services LLC now owns 9,395 shares of the company's stock worth $655,000 after buying an additional 132 shares during the last quarter. MetLife Investment Management LLC increased its holdings in shares of Zoom Video Communications by 3.4% during the third quarter. MetLife Investment Management LLC now owns 4,619 shares of the company's stock worth $322,000 after buying an additional 154 shares in the last quarter. Finally, GAMMA Investing LLC lifted its stake 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 last quarter. Institutional investors 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.