
Zoom Video (ZM) Stock Forecast & Price Target
Zoom Video (ZM) Analyst Ratings
Bulls say
Zoom Video Communications demonstrated a robust performance with a total enterprise customer count of approximately 185.1 thousand, reflecting a consistent demand for its services. The increased number of customers contributing over $100,000 in TTM revenue surged by 9% year-over-year, now accounting for 32% of total revenue, highlighting the company's ability to cultivate lucrative client relationships and enhance customer value through its AI portfolio. Additionally, the strong retention rate of 98% and revenue growth forecasted at 4.1% year-over-year for the upcoming quarter, alongside a $1 billion increase in stock repurchase authorization, underscore the company's strong cash flow and commitment to returning value to shareholders.
Bears say
Zoom Video Communications faces significant challenges that contribute to a negative outlook on its stock. Persistent macroeconomic volatility, characterized by rising interest rates and inflation, is causing customers to defer deals and reduce IT spending, which could adversely impact revenue growth. Additionally, the company's execution risk stemming from staffing changes and competition in the communications industry further threatens to hinder growth and negatively influence investor sentiment.
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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