Zoom Video Communications (NASDAQ:ZM) Releases FY25 Earnings Guidance

Zoom Video Communications (NASDAQ:ZM) issued an update on its FY25 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $4.99-$5.02 for the period, compared to the consensus estimate of $4.90. The company issued revenue guidance of $4.610-$4.620 billion, compared to the consensus revenue estimate of $4.61 billion. Zoom Video Communications also updated its Q2 guidance to $1.20-$1.21 EPS.

Zoom Video Communications Price Performance

NASDAQ ZM opened at $64.38 on Thursday. Zoom Video Communications has a 12 month low of $58.87 and a 12 month high of $75.90. The company has a market capitalization of $19.80 billion, a price-to-earnings ratio of 24.02 and a beta of -0.05. The company’s fifty day moving average price is $63.21 and its two-hundred day moving average price is $65.90.

Zoom Video Communications (NASDAQ:ZM) last posted its quarterly earnings results on Monday, February 26th. The company reported $0.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.34. Zoom Video Communications had a net margin of 18.37% and a return on equity of 10.84%. The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.13 billion. As a group, analysts anticipate that Zoom Video Communications will post 2.15 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ZM. JPMorgan Chase & Co. reduced their price target on shares of Zoom Video Communications from $83.00 to $80.00 and set a neutral rating on the stock in a research report on Tuesday, February 27th. Needham & Company LLC restated a hold rating on shares of Zoom Video Communications in a research report on Tuesday. Robert W. Baird dropped their price objective on shares of Zoom Video Communications from $90.00 to $84.00 and set an outperform rating on the stock in a report on Tuesday. Evercore ISI dropped their price objective on shares of Zoom Video Communications from $72.00 to $70.00 and set an in-line rating on the stock in a report on Tuesday. Finally, Mizuho dropped their price objective on shares of Zoom Video Communications from $100.00 to $90.00 and set a buy rating on the stock in a report on Tuesday, February 27th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of Hold and an average price target of $76.67.

Insider Transactions at Zoom Video Communications

In other news, CAO Shane Crehan sold 1,931 shares of Zoom Video Communications stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $70.00, for a total value of $135,170.00. The sale was disclosed in a legal filing with the SEC, which is available at this link. In related news, CAO Shane Crehan sold 1,931 shares of the firm’s stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $70.00, for a total transaction of $135,170.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, COO Aparna Bawa sold 816 shares of Zoom Video Communications stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of $66.60, for a total transaction of $54,345.60. Following the completion of the transaction, the chief operating officer now directly owns 1,978 shares in the company, valued at approximately $131,734.80. The disclosure for this sale can be found here. Insiders have sold 101,170 shares of company stock valued at $6,356,101 in the last quarter. Insiders own 10.78% of the company’s stock.

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.