Zoom Communications, Inc. (ZM) Stock Price & Analysis

Zoom Communications, Inc. (ZM) closed at USD 96.2 on Thursday, October 22, 2026, down 3.26% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 99.44; the Oct 22, 2026 session ranged USD 95.41–100.65 on volume of 3,765,478 shares. Market capitalization is $28.07B, with a 52-week range of USD 70.7–114.74 (NMS). Source: Nexqual, retrieved October 23, 2026 at 10:38 UTC.

Also available as compact Markdown for AI agents: nexqual.com/ZM.md

Key facts (ZM)

• Last four reported quarters (through Jul 31, 2026): revenue $4.99B, net income $3.26B (65.2% margin), free cash flow $1.93B (SEC filings).
• Valuation: P/E 8.6x (avg 24.4x at the last 3 fiscal year-ends).
• 1 of 80 tracked superinvestors hold ZM (13F, Q2 2026): 1 new, 0 added, 0 reduced, 0 unchanged.
• Analysts: Buy (mean 2.37 on a 1–5 scale) (30 analysts), mean target USD 118.58 (range 79–135).
• Total return with dividends: 1Y +16.2% vs S&P 500 +14.9%; 5Y -65.3% vs S&P 500 +80.3%.
• Next earnings: 2026-11-24, EPS estimate USD 1.49, revenue estimate $1.28B.

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (ZM)

Fiscal years end Jan. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jul 31, 2026) (ZM)

P/E 8.6x · P/S 5.6x · P/FCF 14.6x · P/B 2.5x · FCF yield 6.86% · Earnings yield 11.60% · Buyback yield (TTM) 5.20%

P/E at fiscal year-ends: Jan 2026 14.9x, Jan 2025 27.1x, Jan 2024 31.3x.

Superinvestors (SEC 13F-HR, Q2 2026) (ZM)

1 of 80 tracked investors hold ZM. Each row is the investor's latest 13F; change is vs their prior-quarter share count.

Analysts (ZM)

Consensus Buy (mean 2.37 on a 1–5 scale), 30 analysts; mean target USD 118.58 (low 79, high 135).

Rating changes, last 120 days:

Total return (dividends reinvested) (ZM)

ZM revenue by region (quarter ended Jul 31, 2026)

As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).

ZM suppliers, customers and competitors (named in its 10-K)

Quoted from the company's 10-K filed Feb 27, 2026.

ZM company outlook (results filed Aug 25, 2026)

• “Financial Outlook: Zoom is providing the following guidance for its third quarter of fiscal year 2027 and updating its guidance for full fiscal year 2027. • Third Quarter Fiscal Year 2027: Total revenue is expected to be between $1.275 billion and $1.280 billion and revenue in constant currency is expected to be between $1.275 billion and $1.280 billion.”
• “Non-GAAP income from operations is expected to be between $510.0 million and $515.0 million.”
• “Non-GAAP diluted EPS is expected to be between $1.46 and $1.48 with approximately 301 million weighted average shares outstanding. • Full Fiscal Year 2027: Total revenue is expected to be between $5.085 billion and $5.095 billion and revenue in constant currency is expected to be between $5.071 billion and $5.081 billion.”
• “Non-GAAP income from operations is expected to be between $2.065 billion and $2.075 billion.”

Analysts expect $1.28B for the current quarter, in line with the midpoint of the company's guidance ($1.28B).

Quoted word-for-word from the SEC 8-K results press release.

ZM analyst estimates and revisions

ZM options: expected move

Options price a move of about ±12.4% (±$11.95) by Nov 27, 2026, which includes earnings on Nov 24, 2026; the earnings reaction alone is priced at about ±6.1%. Over the last 8 reports the stock moved ±8.6% on average.

30-day implied volatility 43.8% vs 36.2% realized over the last 30 trading days. Put/call ratio (volume) 0.39. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.

Key Statistics (as of October 23, 2026 at 10:38 UTC)

Technical Analysis (ZM)

Nexqual's technical model rates ZM "BUY" based on 4 bullish and 1 bearish signals across 127 daily candles, as of October 23, 2026 at 10:38 UTC.

Analyst Ratings (ZM)

Wall Street analysts rate ZM "Buy" based on 30 analysts, with a mean price target of USD 118.58 (range USD 79–135), per Nexqual as of October 23, 2026 at 10:38 UTC.

Earnings (ZM)

Recent Earnings History

Source: Nexqual, October 23, 2026 at 10:38 UTC.

Financials & Fundamentals (ZM)

Source: Nexqual, October 23, 2026 at 10:38 UTC.

Financial Health Score (ZM)

Nexqual rates Zoom Communications, Inc.'s overall financial health "Strong" across five dimensions, as of October 23, 2026 at 10:38 UTC.

Ownership (ZM)

Source: Nexqual, October 23, 2026 at 10:38 UTC.

Leadership (ZM)

Zoom Communications, Inc. is led by Eric S. Yuan, Founder, President, CEO & Chairman, per Nexqual as of October 23, 2026 at 10:38 UTC.

Major Backers & Investors (ZM)

Notable institutional backers of Zoom Communications, Inc. include JPMorgan, NORGES BANK, FMR, LLC, according to Nexqual as of October 23, 2026 at 10:38 UTC.

Active Investors

Index Funds (Passive)

Source: Nexqual, October 23, 2026 at 10:38 UTC.

From Zoom Communications, Inc.'s Latest SEC 10-K Filing (filed 2026-02-27)

Key Strengths & Strategy (as disclosed to the SEC)

• Our federated AI approach leverages the best of both our proprietary AI and industry-leading models from partners like OpenAI and Anthropic.
• Zoom's Business Services for sales, marketing, and customer experience teams, including Zoom Contact Center, Zoom Revenue Accelerator, and Zoom Events, support customer engagement across the the customer lifecycle.
• Zoom's federated approach allows its tech stack to dynamically select from multiple AI models, including those from OpenAI, Anthropic, and NVIDIA, making AI accessible and affordable so that more people can incorporate it in their day-to-day workflows.
• Zoom has consistently earned high scores across customer review sites, Gartner Peer Insights, TrustRadius, and G2, including being recognized as a Customers' Choice in the Gartner Peer Insights "Voice of the Customer" for Unified Communications as a Service ("UCaaS") and Visual Collaboration Applications for three consecutive years, and a Leader badge for Zoom Contact Center by G2.

Partnerships

• Our continued product innovation is laser-focused on supporting a flexible work environment, with new innovations in areas such as document collaboration, hybrid workspaces, and employee communication.
• We deliver happiness to our customers by providing them with an AI-first collaboration experience that drives meaningful business value with a growing set of AI features that are deeply woven across the platform and include meeting summaries, task suggestions, knowledge retrieval, insights, and more.

Legal & Regulatory Risks (Item 1A, quoted)

• We use generative AI including in our products and services, which may result in operational challenges, legal liability, reputational concerns, competitive risks and regulatory concerns that could adversely affect our business and results of operations.
• We have significant and expanding operations outside the United States, which may subject us to increased business, regulatory and economic risks that could harm our business.
• We are subject to various U.S. and international anti-corruption laws, and any failure to comply with such laws could harm our business, financial condition, and results of operations.
• Risks Related to Laws and Regulations

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:38 UTC. This page is informational and not investment advice.

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