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Zoom Video Communications Inc has a consensus price target of $76.65 based on the ratings of 30 analysts. The high is $95 issued by RBC Capital on May 21, 2024. The low is $60 issued by Wells Fargo on August 22, 2024. The 3 most-recent analyst ratings were released by Deutsche Bank, Wells Fargo, and Rosenblatt on August 23, 2024, August 22, 2024, and August 22, 2024, respectively. With an average price target of $71 between Deutsche Bank, Wells Fargo, and Rosenblatt, there's an implied 4.41% upside for Zoom Video Communications Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Zoom Video Comms (NASDAQ:ZM) was reported by Deutsche Bank on August 23, 2024. The analyst firm set a price target for $75.00 expecting ZM to rise to within 12 months (a possible 10.29% upside). 41 analyst firms have reported ratings in the last year.
The latest analyst rating for Zoom Video Comms (NASDAQ:ZM) was provided by Deutsche Bank, and Zoom Video Comms maintained their hold rating.
The last upgrade for Zoom Video Communications Inc happened on April 18, 2024 when Rosenblatt raised their price target to $75. Rosenblatt previously had a neutral for Zoom Video Communications Inc.
The last downgrade for Zoom Video Communications Inc happened on January 18, 2024 when Exane BNP Paribas changed their price target from N/A to $60 for Zoom Video Communications Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Zoom Video Comms, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Zoom Video Comms was filed on August 23, 2024 so you should expect the next rating to be made available sometime around August 23, 2025.
While ratings are subjective and will change, the latest Zoom Video Comms (ZM) rating was a maintained with a price target of $71.00 to $75.00. The current price Zoom Video Comms (ZM) is trading at is $68.00, which is out of the analyst’s predicted range.
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