The price/sales ratio is also much higher than the sector median, 29.81 vs 4.31. Zoom operates with a gross profit margin (TTM – Trailing 12 Months) of 70.02%, much higher than the 49.04% sector median.

Also, RBC Capital Markets has maintained the buy rating with a target of $450, while Argus Research Company has upgraded Zoom stock price to buy with a price target of $440. Most recently, the Benchmark Company has maintained its hold rating for the Zoom stock price, and so did Needham & Company. Out of the 74 analysts that cover the stock, 33 have issued buy ratings while 36 have neutral ratings, and five have issued sell ratings. What Do Analysts Say About the Zoom Stock Price?Īnalysts are cautious with the Zoom stock price. Hence, the stock price moved recently in line with the pandemic’s evolution. Speaking of the COVID-19 pandemic, Zoom is one company that benefited from the lockdowns in the sense that it facilitated communication when the world was forced to stay indoors to fight the spread of the virus. Zoom stock price is flat on the year and down significantly from its pandemic highs. Investors expect EPS of $1.16, higher by 26.04% compared to the same period last year. Zoom Video Communications is scheduled to release the financial results for Q2 2021 next Monday, 30th of August after the market closes. The market expects EPS of $1.16 and the stock price is flat on the year. Zoom Video Communications (NASDAQ: ZM) will release its quarterly earnings next Monday.

Zoom stock price 2021