Zoom Video Communications, Inc ZM Stock Price, News, Quote & History

Analysts expect ‘Geographic Revenue- Europe, Middle East, and Africa(EMEA)’ to come in at $185.58 million. Bearing this in mind, let’s now explore the average estimates of specific Zoom Video metrics that are commonly monitored and projected by Wall Street analysts. Between the AI tool and its expected growth in hybrid and remote knowledge workers, Ark Invest believes Zoom’s average revenue per user (ARPU) will grow by 26% yearly.

Analysts forecast ‘Geographic Revenue- Asia Pacific(APAC)’ to reach $143.44 million. The estimate indicates a change of -0.3% from the prior-year quarter. You are being directed white label crypto exchange software by wl global solutions to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security.

Gear Up for Zoom Video (ZM) Q3 Earnings: Wall Street Estimates for Key Metrics

For Zoom Video, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company’s earnings prospects. The latest trading session saw Zoom Video Communications (ZM) ending at $77.75, denoting a -1.49% adjustment from its last day’s close. Elsewhere, the Dow saw a downswing of 0.28%, while the tech-heavy Nasdaq appreciated by 1.04%. Zoom Video is graded C on this front, indicating that it is trading at par with its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

1. So, this combination makes it difficult to conclusively predict that Zoom Video will beat the consensus EPS estimate.
2. Other competitors are unified communications as a service (UCaaS) and legacy private bank exchange (PBX) providers such as 8×8 Inc. (EGHT), Avaya Holdings Corp. (AVYA), and RingCentral Inc. (RNG).
3. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.
4. Finally, Scotiabank raised shares of Zoom Video Communications to a “hold” rating in a research report on Tuesday.
5. Zoom Video reported revenues of $1.16 billion in the last reported quarter, representing a year-over-year change of +2.1%.

For the next fiscal year, the consensus earnings estimate of $5.24 indicates a change of -1.8% from what Zoom Video is expected to report a year ago. For the current quarter, Zoom Video is expected to post earnings of $1.31 per share, indicating a change of +1.6% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. The facts discussed here and much other information on Zacks.com might help determine whether or not it’s worthwhile paying attention to the market buzz about Zoom Video. However, its Zacks Rank #2 does suggest that it may outperform the broader market in the near term. The consensus estimate for ‘Remaining Performance Obligations (RPO)’ stands at $3.76 billion. The estimate is in contrast to the year-ago figure of $3.57 billion.

This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should also note any recent changes to analyst estimates for Zoom Video Communications. Such recent modifications usually signify the changing landscape of near-term business trends.

Analyst Observations about Zoom Video Comms

A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then investing in individual stocks and other etfs compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks may license the Zacks Mutual Fund rating provided herein to third parties, including but not limited to the issuer.

This insight is at the core of our proprietary surprise prediction model — the Zacks Earnings ESP (Expected Surprise Prediction). Analysts predict that the ‘Enterprise Customers’ will reach 196,459. Compared to the current estimate, the company reported 219,700 in the same quarter of the previous year. However, Zoom has rapidly turned into a value stock that returns a respectable level of free-cash-flow growth.

Should investors buy Zoom stock?

Upgrade to MarketBeat All Access to add more stocks to your watchlist. Revenues are expected to be $1.16 billion, up 2.3% from the year-ago quarter. The Internet – Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 34, positioning it in the top 14% of all 250+ industries. Privacy Policy | No cost, no obligation to buy anything ever.Past performance is no guarantee of future results.

The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #2 (Buy) for Zoom Video. Zoom Video Communications, Inc provides unified communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Zoom exchange rate us dollar to danish krone Video Communications (ZM) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended October 2024. This widely-known consensus outlook gives a good sense of the company’s earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success.

Compared to the Zacks Consensus Estimate of $1.15 billion, the reported revenues represent a surprise of +1.22%. Zoom Video Communications (ZM) has recently been on Zacks.com’s list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock’s performance in the near future. The combined assessment of analysts suggests that ‘Current Remaining performance obligation (RPO)’ will likely reach $2.19 billion.