Zoom Video (ZM) PT Raised to $90 at BofA Securities

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Zoom Video (ZM) PT Raised to $95 at Wedbush, 'Platform Approach Resonating Well'

November 26, 2024 7:48 AM EST

Wedbush analyst Daniel Ives raised the price target on Zoom Video (NASDAQ: ZM) to $95.00 (from $85.00) while maintaining a Outperform rating.

The analyst comments "Raised FY25 Guidance Across the Board; Platform Approach Resonating Well. The company raised its FY25 guidance across the board reflecting continued strength across its... More

Morgan Stanley Reiterates Equalweight Rating on Zoom Video (ZM)

November 26, 2024 6:35 AM EST

Morgan Stanley analyst Meta Marshall reiterated an Equalweight rating and $86.00 price target on Zoom Video (NASDAQ: ZM).

The analyst comments "Confidence remains high, but not building yet into estimates. Our EW rating on ZM has been a result of uncertainty in growth algorithm and how much company can... More

Zoom Video (ZM) PT Raised to $70 at Wells Fargo

November 26, 2024 6:22 AM EST

Wells Fargo analyst Phil Winslow raised the price target on Zoom Video (NASDAQ: ZM) to $70.00 (from $60.00) while maintaining a Underweight rating.... More

Zoom Video (ZM) PT Raised to $86 at Goldman Sachs

November 26, 2024 5:51 AM EST

Goldman Sachs analyst Kash Rangan raised the price target on Zoom Video (NASDAQ: ZM) to $86.00 (from $72.00) while maintaining a Neutral rating.

The analyst comments "We reiterate our Neutral raising and raise our PT to $86 ($72 prior) after Zoom reported solid F3Q results that saw Revenue +1% vs. Consensus, OpM +90bps, FCFM +800bps, and Billings +350bps. The stock is -5% AH following a lower uptick to F4Q guidance than... More

Citi on Neutral rated Zoom Video (ZM): 'we’d expect a largely muted share price reaction'

November 26, 2024 5:05 AM EST

Citi analyst Tyler Radke reiterated a Neutral rating and $69.00 price target on Zoom Video (NASDAQ: ZM)

The analyst comments "Zooms Q3 results checked all the boxes with modest upside to guidance/consensus numbers and top-line growth slightly reaccelerating back to 4% YoY.... More

Evercore ISI Upgrades Zoom Video (ZM) to Outperform

November 26, 2024 5:00 AM EST

Evercore ISI analyst Peter Levine upgraded Zoom Video (NASDAQ: ZM) from In Line to Outperform with a price target of $115.00 (from $70.00).

The analyst comments "Zoom delivered yet another very solid quarter, marked by consistent operational execution, and impressive momentum across their newer product offerings. Over the past few quarters, we have grown increasingly optimistic. The latest results show that the online segment has reached the trough in terms of churn stabilization, while NRR for the ent segment appears to have bottomed out. Based on commentary that downsells are dissipating as we sense the... More

Zoom Video (ZM) PT Raised to $89 at Bernstein SocGen Group

November 26, 2024 1:58 AM EST

Bernstein SocGen Group analyst Peter Weed raised the price target on Zoom Video (NASDAQ: ZM) to $89.00 (from $78.00) while maintaining a Market Perform rating.

The analyst comments: "Zooms FQ325 earnings delivered another modest beat and raise, similar to last quarter, at ~1.3% revenue beat... More

After-hours movers: Zoom, Agilent, HanesBrands, Kohl's

November 25, 2024 4:39 PM EST

After-Hours Stock Movers:

Zoom (NASDAQ: ZM) shares fell 4% after it reported third quarter results and guidance that was slightly ahead of consensus views. Total revenue for the third quarter was $1,177.5 million, up 3.6% year over year.

Agilent... More

Zoom raises annual revenue and profit forecasts, expands share repurchase

November 25, 2024 4:12 PM EST

By Zaheer Kachwala

(Reuters) -Zoom Video Communications raised its forecast for fiscal 2025 revenue and adjusted profit on Monday, anticipating robust demand for its online video conferencing software as it expands its product portfolio, and clients embrace hybrid working models.

Zoom also said it would expand its share repurchase plan by $1.2 billion. 

Shares of the company were down around 3% in extended trading after closing up over 3.5%. Michael Ashley Schulman, chief investment officer at... More

Zoom (ZM) Tops Q3 EPS by 7c, Offers Guidance

November 25, 2024 4:08 PM EST

Zoom (NASDAQ: ZM) reported Q3 EPS of $1.38, $0.07 better than the analyst estimate of $1.31. Revenue for the quarter came in at $1.18 billion versus the consensus estimate of $1.16 billion.

GUIDANCE:

Zoom sees Q4 2025 EPS of $1.29-$1.30, versus the consensus of $1.28. Zoom sees Q4 2025... More

Zoom is about to report earnings after hours. Here's what JPMorgan expects

November 25, 2024 1:30 PM EST

Zoom (NASDAQ: ZM) is set to report its fiscal third-quarter earnings after the market closes today, and JPMorgan analysts are cautiously optimistic about the results.

The bank said in a preview note that it sees potential for Zoom to meet or exceed its fiscal 2025 guidance, which anticipates modest growth reacceleration.

Zoom's third-quarter revenue guidance stands at $1.163 billion, reflecting 2.3% year-over-year growth at the midpoint.... More

Zoom (ZM) Here's what analysts are looking for when Zoom reports earnings

November 25, 2024 6:00 AM EST

As Zoom prepares to report its fiscal third-quarter earnings, analysts are particularly focused on the companys ability to continue its shift toward enterprise growth and its handling of artificial intelligence integration.

After a mixed performance last quarter, investors are hoping for a positive surprise, with expectations that Zoom will deliver at least modest upside in both revenue and operating income.

Analysts at Jefferies, are projecting that Zooms Enterprise segment will show stable growth, with revenue expected to reach approximately $686.5 million, which is in line with consensus expectations.

This would represent a year-over-year growth rate of 3.9%, a... More

Zoom (ZM) calls more active than puts into quarter results

November 25, 2024 4:53 AM EST

Zoom (NASDAQ: ZM) November 29 weekly 86 straddle priced for a move of 11.5% into the expected release of quarter results today after the bell. Call put ratio 2.9 calls to 1 put.

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Zoom (ZM) call put ratio 2.6 calls to 1 put with a focus on December 120 calls

November 22, 2024 11:10 AM EST

Zoom (NASDAQ: ZM) November 29 weekly call option implied volatility is at 94, December is at 55; compared to its 52-week range of 23 to 54 into the expected release of quarter results after the bell on November 25. Call put ratio 2.6 calls to 1 put with a focus on December 120 calls.

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Zoom (ZM) call put ratio 4.3 calls to 1 put with a focus on December 100 calls

November 22, 2024 5:11 AM EST

Zoom (NASDAQ: ZM) November 29 weekly 81 straddle priced for a move of 12% into the expected release of quarter results after the bell on November 25. Call put ratio 4.3 calls to 1 put with a focus on December 100 calls.

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