Zoom Video Communications Inc (NASDAQ:ZM) – Equities research analysts at William Blair issued their Q1 2020 earnings per share (EPS) estimates for shares of Zoom Video Communications in a report issued on Monday, May 20th. William Blair analyst B. Suri forecasts that the company will earn $0.00 per share for the quarter. William Blair has a “Outperform” rating and a $89.98 price objective on the stock. William Blair also issued estimates for Zoom Video Communications’ Q2 2020 earnings at $0.00 EPS, Q3 2020 earnings at ($0.03) EPS, Q4 2020 earnings at ($0.02) EPS, FY2020 earnings at ($0.05) EPS, Q1 2021 earnings at $0.00 EPS, Q2 2021 earnings at $0.00 EPS, Q3 2021 earnings at ($0.03) EPS, Q4 2021 earnings at $0.00 EPS, FY2021 earnings at ($0.03) EPS and FY2022 earnings at $0.00 EPS.

A number of other equities analysts have also recently commented on ZM. Summit Insights initiated coverage on shares of Zoom Video Communications in a research note on Monday, April 22nd. They issued a “sell” rating for the company. Sanford C. Bernstein assumed coverage on shares of Zoom Video Communications in a report on Monday, April 29th. They issued an “outperform” rating and a $45.00 target price for the company. Rosenblatt Securities assumed coverage on shares of Zoom Video Communications in a report on Tuesday, April 30th. They issued a “neutral” rating and a $60.00 target price for the company. Piper Jaffray Companies assumed coverage on shares of Zoom Video Communications in a report on Monday, May 13th. They issued an “overweight” rating and a $90.00 target price for the company. Finally, JPMorgan Chase & Co. assumed coverage on shares of Zoom Video Communications in a report on Monday, May 13th. They issued an “overweight” rating and a $113.00 target price for the company. One analyst has rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the stock. Zoom Video Communications currently has a consensus rating of “Hold” and a consensus price target of $76.82.

Shares of NASDAQ:ZM opened at $78.76 on Wednesday. Zoom Video Communications has a 52 week low of $59.94 and a 52 week high of $91.46.

In related news, insider Janine Pelosi sold 81,668 shares of Zoom Video Communications stock in a transaction dated Tuesday, April 23rd. The shares were sold at an average price of $36.00, for a total transaction of $2,940,048.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Emergence Capital Partners Iii sold 912,026 shares of Zoom Video Communications stock in a transaction dated Tuesday, April 23rd. The shares were sold at an average price of $34.20, for a total transaction of $31,191,289.20. The disclosure for this sale can be found here. Insiders have sold a total of 2,405,918 shares of company stock valued at $83,480,215 in the last quarter.

About Zoom Video Communications

Zoom Video Communications, Inc provides a video-first communications platform that delivers changes how people interact primarily in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. It connects people through frictionless video, voice, chat, and content sharing. The company's cloud-native platform enables face-to-face video experiences and connects users across various devices and locations in a single meeting.

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Earnings History and Estimates for Zoom Video Communications (NASDAQ:ZM)

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