Zoom Video Communications, Inc. – Consensus ‘hold’ rating and 22.5% Upside Potential

Broker Ratings
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Zoom Video Communications, Inc. with ticker code (ZM) have now 25 analysts in total covering the stock. The consensus rating is pointing to ‘hold’. The range between the high target price and low target price is between $95.00 and $55.00 and has a mean target at $77.51. Given that the stocks previous close was at $63.28 this is indicating there is a potential upside of 22.5%. Also worth taking note is the 50 day moving average now sits at $65.76 and the 200 day MA is $67.31. The total market capitalization for the company now stands at 19.36B. The stock price for Apple Inc. is $62.94 USD

The potential market cap would be $23,710,888,395 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 30.41, revenue per share of $15.05 and a 4.14% return on assets.

Zoom Video Communications, Inc. is a provider of video communication platforms. The Company provides a unified communications and collaboration platform that delivers fundamental changes how people interact, connecting them through frictionless and secure meetings, phone, chat, content sharing and more. The Company’s core products are grouped under various categories: Zoom One, including Zoom Meetings, Zoom Phone, Zoom Team Chat, Zoom Mail and Calendar and Zoom Whiteboard, and Zoom Spaces, including Zoom Rooms and Workspace Reservation. The Company’s core products categories also include Zoom Events, including Zoom Sessions and Zoom Webinars; Zoom Contact Center, including Zoom Virtual Agent; Zoom AI, including Zoom IQ for Sales, and Zoom Developers, including Zoom Developer Platform, Zoom App Marketplace and Zoom Apps. It serves various industries, including education, entertainment/media, enterprise infrastructure, finance, government, healthcare, manufacturing, and others.

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