What is Cantor Fitzgerald’s Estimate for ZM FY2025 Earnings?

Zoom Video Communications, Inc. (NASDAQ:ZM) – Stock analysts at Cantor Fitzgerald issued their FY2025 earnings per share estimates for shares of Zoom Video Communications in a report issued on Tuesday, January 21st. Cantor Fitzgerald analyst T. Blakey expects that the company will earn $2.95 per share for the year. Cantor Fitzgerald currently has a “Hold” rating and a $87.00 price target on the stock. The consensus estimate for Zoom Video Communications’ current full-year earnings is $2.93 per share.

Several other research firms also recently issued reports on ZM. Rosenblatt Securities reissued a “buy” rating and issued a $78.00 target price on shares of Zoom Video Communications in a research report on Friday, November 22nd. Wedbush assumed coverage on Zoom Video Communications in a research report on Thursday, October 17th. They set an “outperform” rating and a $85.00 price target on the stock. Benchmark increased their price target on Zoom Video Communications from $85.00 to $97.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Jefferies Financial Group raised Zoom Video Communications from a “hold” rating to a “buy” rating and increased their price target for the stock from $85.00 to $100.00 in a research report on Thursday, December 19th. Finally, Hsbc Global Res raised Zoom Video Communications to a “strong-buy” rating in a research report on Tuesday, November 26th. Sixteen equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Zoom Video Communications has a consensus rating of “Hold” and a consensus target price of $89.10.

Zoom Video Communications Price Performance

NASDAQ ZM opened at $80.17 on Thursday. The stock’s fifty day moving average price is $82.51 and its 200 day moving average price is $72.20. Zoom Video Communications has a 1 year low of $55.06 and a 1 year high of $92.80. The company has a market cap of $24.57 billion, a price-to-earnings ratio of 26.72, a PEG ratio of 4.99 and a beta of -0.01.

Institutional Trading of Zoom Video Communications

Hedge funds and other institutional investors have recently made changes to their positions in the company. McAdam LLC acquired a new stake in Zoom Video Communications in the 4th quarter valued at approximately $410,000. SYM FINANCIAL Corp increased its holdings in Zoom Video Communications by 36.2% in the 4th quarter. SYM FINANCIAL Corp now owns 4,577 shares of the company’s stock valued at $374,000 after purchasing an additional 1,216 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. increased its holdings in Zoom Video Communications by 5.6% in the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 8,418 shares of the company’s stock valued at $687,000 after purchasing an additional 448 shares during the last quarter. Chicago Partners Investment Group LLC acquired a new stake in Zoom Video Communications in the 4th quarter valued at approximately $315,000. Finally, Caprock Group LLC acquired a new stake in Zoom Video Communications in the 4th quarter valued at approximately $288,000. Institutional investors and hedge funds own 66.54% of the company’s stock.

Insider Activity at Zoom Video Communications

In other Zoom Video Communications news, Director Jonathan Chadwick sold 12,500 shares of the firm’s stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of $75.04, for a total value of $938,000.00. Following the transaction, the director now directly owns 1,514 shares of the company’s stock, valued at $113,610.56. This trade represents a 89.20 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Velchamy Sankarlingam sold 3,618 shares of the firm’s stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $84.94, for a total transaction of $307,312.92. Following the completion of the transaction, the insider now directly owns 107,826 shares in the company, valued at $9,158,740.44. This trade represents a 3.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 489,981 shares of company stock valued at $38,712,948. 10.78% of the stock is owned by corporate insiders.

Zoom Video Communications Company Profile

Zoom Video Communications, Inc provides unified communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company offers Zoom Meetings that offers HD video, voice, chat, and content sharing through mobile devices, desktops, laptops, telephones, and conference room systems; Zoom Phone, an enterprise cloud phone system; and Zoom Chat enables users to share messages, images, audio files, and content in desktop, laptop, tablet, and mobile devices.