
Zoom Video (ZM) Stock Forecast & Price Target
Zoom Video (ZM) Analyst Ratings
Bulls say
Zoom Video Communications demonstrated a positive trajectory in its enterprise customer growth, with the total count reaching approximately 185,100, and a noteworthy increase in customers contributing over $100,000 in trailing twelve months (TTM) revenue to 4,363, constituting 32% of total revenue. The company reported a year-over-year revenue increase of 4.4%, alongside a rise in committed revenue bookings by 6%, signaling robust demand in its enterprise segment and an impressive retention rate of 98%. Furthermore, the enhancement of Zoom's AI portfolio is seen as a catalyst for opening new revenue streams, while a $1 billion increase in stock repurchase authorization indicates the company's commitment to leveraging its strong cash flow to maximize shareholder value.
Bears say
Zoom Video Communications faces significant challenges that could adversely impact its revenue growth due to persistent demand headwinds influenced by macroeconomic volatility and increased customer scrutiny over IT investments. The company also encounters execution risks associated with staffing changes and go-to-market strategies, which may further dampen investor sentiment and lead to increased customer churn. Additionally, competition in the Unified Communications as a Service (UCaaS) and Contact Center as a Service (CCaaS) segments may pose further risks to achieving its annual recurring revenue targets, highlighting broader market pressures on its financial performance.
This aggregate rating is based on analysts' research of Zoom Video and is not a guaranteed prediction by Public.com or investment advice.
Zoom Video (ZM) Analyst Forecast & Price Prediction
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