Zoom Video Communications, Inc. – Consensus ‘hold’ rating and 30.2% Upside Potential

Broker Ratings
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Zoom Video Communications, Inc. with ticker code (ZM) have now 23 analysts in total covering the stock. The consensus rating is pointing to ‘hold’. The target price High/Low ranges between $105.00 and $66.00 with the average target price sitting at $81.70. Now with the previous closing price of $62.77 and the analysts are correct then there would likely be a percentage uptick in value of 30.2%. It’s also worth noting that there is a 50 day moving average of $65.31 and the 200 day MA is $68.33. The total market capitalization for the company now stands at 19.18B. The current share price for the company is: $63.74 USD

The potential market cap would be $24,968,154,587 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 135.62, revenue per share of $15.09 and a 1.84% 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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