Fintel reports that on May 22, 2025, Needham upgraded their outlook for Zoom Communications (NasdaqGS:ZM) from Hold to Buy.
Analyst Price Forecast Suggests 10.17% Upside
As of May 7, 2025, the average one-year price target for Zoom Communications is $90.63/share. The forecasts range from a low of $65.65 to a high of $120.75. The average price target represents an increase of 10.17% from its latest reported closing price of $82.27 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Zoom Communications is 5,052MM, an increase of 7.51%. The projected annual non-GAAP EPS is 3.74, a decrease of 5.01% from the prior forecast.
What is the Fund Sentiment?
There are 1,255 funds or institutions reporting positions in Zoom Communications. This is an increase of 11 owner(s) or 0.88% in the last quarter. Average portfolio weight of all funds dedicated to ZM is 0.23%, an increase of 7.03%. Total shares owned by institutions decreased in the last three months by 5.46% to 199,807K shares. 
The put/call ratio of ZM is 0.87, indicating a bullish outlook.
What are Other Shareholders Doing?
Aqr Capital Management holds 7,406K shares representing 2.82% ownership of the company. In its prior filing, the firm reported owning 7,539K shares , representing a decrease of 1.79%. The firm decreased its portfolio allocation in ZM by 78.76% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 7,398K shares representing 2.82% ownership of the company. In its prior filing, the firm reported owning 7,443K shares , representing a decrease of 0.61%. The firm increased its portfolio allocation in ZM by 14.62% over the last quarter.
T. Rowe Price Investment Management holds 6,422K shares representing 2.45% ownership of the company. In its prior filing, the firm reported owning 6,386K shares , representing an increase of 0.56%. The firm decreased its portfolio allocation in ZM by 2.52% over the last quarter.
Newlands Management Operations holds 5,786K shares representing 2.20% ownership of the company. No change in the last quarter.
Jpmorgan Chase holds 5,477K shares representing 2.09% ownership of the company. In its prior filing, the firm reported owning 1,949K shares , representing an increase of 64.41%. The firm increased its portfolio allocation in ZM by 149.10% over the last quarter.
Zoom Video Communications Background Information
(This description is provided by the company.)
Zoom Video Communications, Inc. brings teams together to get more done in a frictionless and secure video environment. Its easy, reliable, and innovative video-first unified communications platform provides video meetings, voice, webinars, and chat across desktops, phones, mobile devices, and conference room systems. Zoom helps enterprises create elevated experiences with leading business app integrations and developer tools to create customized workflows. Founded in 2011, Zoom is headquartered in San Jose, California, with offices around the world.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
