
Zoom Video (ZM) Stock Forecast & Price Target
Zoom Video (ZM) Analyst Ratings
Bulls say
Zoom Video Communications has demonstrated a solid performance with its total enterprise customer count rising to approximately 185,100, indicating a slight increase from the previous period, while high-value customers generating over $100k in TTM revenue grew by 9% year-over-year to 4,363, contributing significantly to total revenue. The company reported a revenue increase of 4.4% year-over-year, and its current remaining performance obligations (cRPO) bookings rose by 6% to $2.411 billion, reflecting robust demand and a stable retention rate of 98%. Additionally, Zoom's commitment to shareholder returns is underscored by a $1 billion increase in common stock repurchase authorization, leveraging strong cash flow to support ongoing business growth and instill investor confidence.
Bears say
Zoom Video Communications faces significant headwinds that could negatively impact its revenue growth, particularly due to ongoing macroeconomic volatility which has led customers to scrutinize spending and delay IT investments. The company also experiences notable execution risks related to changes in staffing and go-to-market strategies, which may further affect growth and investor sentiment. Additionally, while churn rates have remained consistent, there are concerns regarding increased competition in the unified communications sector and the potential for rising churn in the online segment, all of which present risks to the company's financial outlook.
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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