ZM logo
Zoom Communications Inc.
ZM
87.23 (3.43%) 2.99
26.11(B)
Information Technology
Software
Zoom Communications Inc. provides an Artificial Intelligence-first work platform for human connection 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 a cloud phone system; and Zoom Team Chat enables users to share messages images files and content in desktop laptop tablet and mobile devices. It also provides Zoom Mail and Calendar; Zoom Workflow Automation a no-code workflow builder that helps users build workflows across Zoom Workplace and third-party applications; Zoom Docs a modular workspace; Zoom Whiteboard an interactive canvas; and Zoom Clips for capturing video and screen content. In addition the company offers Zoom Contact Center an omnichannel contact center solution; Zoom Revenue Accelerator a conversation intelligence software for Zoom Meetings and Zoom Phone; Zoom Events to manage host market and report on all of virtual and hybrid events; Zoom Sessions that allows customers to use the signature features; and Zoom Webinars which supports interactive video presentations to large audiences. Further it provides Workvivo an all-in-one employee experience platform; Zoom Rooms a software-based conference room system; Workspace Reservation; Zoom Developer Platform; App Marketplace which integrates platform with other applications platforms websites and services; and Zoom Apps. It serves individuals; and education entertainment/media enterprise infrastructure finance government healthcare manufacturing non-profit/not for profit and social impact retail/consumer products and software/Internet industries. The company was formerly known as Zoom Video Communications Inc. and changed its name to Zoom Communications Inc. in November 2024. The company was incorporated in 2011 and is headquartered in San Jose California.

My Quality Checklist

5Y Shares Out Change < 0%
ROIC > 10%
Debt/Equity < 1
Current Ratio > 1
Quick Ratio > 1
Net Margin > 10%
Past Net Income CAGR > 0%
Est. EPS Growth > 5%
0.0%of Portfolio

My holdings

Day change:
Total change:
Shares:
Cost basis:
Compare
Market cap:$26.11(B)
EV:$19.65(B)
Total Equity:$8.95(B)
Div. yield:0.00%
Earnings date:Nov-18-2025
P/E:22.42
P/E (fwd):14.86
P/FCF:14.18
P/S:5.60
P/B:2.93
EPS:$3.9
EPS (fwd):$5.9
FCF/share:$6.2
Book value/share:$29.8
Dividend/share:$0.0
ROIC:13.5%
ROA:11.0%
ROE:13.6%
Gross margin:76.4%
Net margin:25.0%

ZM Valuation & Price Targets

Current Price
$87.2
Day change: +3.43%
PEvaluation
N/A
N/A
Analyst targets
N/A
N/A
DCF (2-stage)
N/A
N/A
DCF (simple)
N/A
N/A
DCF (exit mult.)
N/A
N/A
EPS growth
N/A
N/A
Revenue growth
N/A
N/A
Peter Lynch FV
N/A
N/A
Graham No.
N/A
N/A
DDM
N/A
N/A

PEvaluation

14% undervalued
Low
$75
Mid
$99
High
$124
Current price
$87
Fair P/E
Margin of safety
EPS
Market Model
Shares outstan...ROICRevenue growthDebt/FCFAssets/Liabili...
Economic moat: Medium

EPS Estimates

LowAvgHigh#
FY+15.85.96.630
FY+25.45.96.430
FY+35.06.27.116
FY+45.06.26.95
FY+55.16.47.45

Analyst Price Targets

7% undervalued
Low
$67.0
Mid
$93.5
High
$115.0
Current price
$87.2

Analyst Recommendations

Strong Buy2
Buy12
Hold15
Sell1
Strong Sell1

2-stage DCF

First Stage Duration
Starting Free Cash Flow
First Stage Growth Rate
LowMidHigh
Terminal Growth Rate
LowMidHigh
Discount Rate

Discounted Cash Flow

Forecast years
Terminal Growth Rate
LowMidHigh
Discount Rate
Free cash flow estimates:
Y+1 est.
Y+2 est.
0.00%
Y+3 est.
0.00%
Y+4 est.
0.00%
Y+5 est.
0.00%

Discounted Cash Flow (exit mult.)

Forecast years
Exit FCF Multiple
LowMidHigh
Discount Rate
Free cash flow estimates:
Y+1 est.
Y+2 est.
0.00%
Y+3 est.
0.00%
Y+4 est.
0.00%
Y+5 est.
0.00%

EPS Growth

Forecast years
Starting EPS
EPS Growth Rate
LowMidHigh
Final P/E
LowMidHigh
Discount Rate

Revenue Growth Valuation

Forecast Years
Base Revenue
Revenue Growth Rate
LowMidHigh
Final Net Margin
LowMidHigh
Final P/E Ratio
LowMidHigh
Discount Rate

Peter Lynch Fair Value

Earnings Per Share
Growth Rate

Graham Formula

Earnings Per Share
EPS Growth (7-10 years)
Government Bond Rate

Dividend Discount Model

Annual Dividend
First Stage Length (Years)
First Stage Growth Rate
Final Growth Rate
Discount Rate

TTM Financials

Income (TTM)

RevenueGrossNet
Revenue$4.75(B)
Gross profit$3.63(B)
EBITDA$1.11(B)
Net income$1.19(B)
Gross margin76.4%
Operating margin20.4%
Net margin25.0%
Shares outstanding:299.29(M)

Balance sheet

Cash & ST inv.Other ST assetsLong term assetsCurrent liabilitiesLong term debtOther LT liabilitiesEquity
Total assets$11.04(B)
Current assets$8.66(B)
Total liabilities$2.09(B)
Current liabilities$1.95(B)
Cash & Short-term inv.$7.78(B)
Long-term debt$0
Total intangibles$359.90(M)
PP&E$348.29(M)

Cash flow (TTM)

CFOCFICFF
FCF$1.85(B)
CapEx$-67.69(M)
Dividends paid$0
Stock issued$64.26(M)
Stock repurchased$-1.68(B)
Stock-based comp.$854.20(M)
Debt issued$0
Debt repaid$0

Per share data (TTM)

Price: $87.2
Revenue: $15.6 (5.6x | 17.9%) Gross profit: $12.1 (7.2x | 13.9%) Earnings: $3.89 (22.4x | 4.5%)
FCF: $6.15 (14.2x | 7.1%) Stock-based Comp.: $2.85 (30.6x | 3.3%) CapEx.: $0.23 (385.7x | 0.3%) Dividend: $0.00 (N/A | 0.0%)
Total Assets: $36.9 (2.4x | 42.3%) Total Liabilities: $7.00 (12.5x | 8.0%) Book Value: $29.8 (2.9x | 34.2%) Cash & ST inv.: $26.0 (3.4x | 29.8%) Debt: $0.00 (N/A | 0.0%)
Earnings FY+1: $5.87 (14.9x | 6.7%) Earnings FY+2: $5.92 (14.7x | 6.8%) Earnings FY+3: $6.18 (14.1x | 7.1%) Earnings FY+4: $6.16 (14.2x | 7.1%) Earnings FY+5: $6.41 (13.6x | 7.3%)
FCF FY+1: $5.88 (14.8x | 6.7%) FCF FY+2: $6.06 (14.4x | 6.9%) FCF FY+3: $6.27 (13.9x | 7.2%) FCF FY+4: $7.03 (12.4x | 8.1%) FCF FY+5: $7.31 (11.9x | 8.4%)

Growth Estimates

Revenue

CAGR: 3.7%
FY+1FY+2FY+3FY+4FY+5
FY+1$4.83(B)
FY+2(+3.4%)$5.00(B)
FY+3(+3.6%)$5.18(B)
FY+4(+4.0%)$5.39(B)
FY+5(+3.6%)$5.58(B)

Net Income

CAGR: 2.0%
FY+1FY+2FY+3FY+4FY+5
FY+1$1.81(B)
FY+2(+0.2%)$1.81(B)
FY+3(+4.6%)$1.90(B)
FY+4(-0.5%)$1.89(B)
FY+5(+3.8%)$1.96(B)

EPS

CAGR: 2.2%
FY+1FY+2FY+3FY+4FY+5
FY+1$5.87
FY+2(+0.9%)$5.92
FY+3(+4.4%)$6.18
FY+4(-0.3%)$6.16
FY+5(+4.1%)$6.41

FCF per share

CAGR: 5.6%
FY+1FY+2FY+3FY+4FY+5
FY+1$5.88
FY+2(+3.0%)$6.06
FY+3(+3.5%)$6.27
FY+4(+12.1%)$7.03
FY+5(+4.0%)$7.31

Historical Financials

Showing limited histrical data.
TTM (Y)TTM (Q)FYFQ
Income(show more...)
Q2'21 (TTM)Q2'22 (TTM)Q2'23 (TTM)Q2'24 (TTM)Q2'25 (TTM)Q2'26 (TTM)0.01.0(B)2.0(B)3.0(B)4.0(B)
Revenue Operating Income Net IncomeCOGSGross ProfitTotal OpEx.R&DSG&AInterest ExpenseInterest IncomePre-tax incomeIncome tax
Cash flow(show more...)
Q2'21 (TTM)Q2'22 (TTM)Q2'23 (TTM)Q2'24 (TTM)Q2'25 (TTM)Q2'26 (TTM)0.0500.0(M)1.0(B)1.5(B)
Stock-based Comp. FCFCFONet IncomeD&ACFFStock IssuedStock RepurchasedDebt IssuedDebt RepaidDividend PaidCFIAcquisitionsDivestituresCapital Expenditures
Balance sheet(show more...)
Q2'21 (TTM)Q2'22 (TTM)Q2'23 (TTM)Q2'24 (TTM)Q2'25 (TTM)Q2'26 (TTM)0.02.0(B)4.0(B)6.0(B)8.0(B)10.0(B)
Total Assets Total LiabilitiesCurrent assetsCash and EquivalentsShort-term investmentsInventoriesReceivablesNon-current assetsNet PP&EIntangible AssetsGoodwillCurrent liabilitiesShort-Term DebtAccounts payableNon-current liabilitiesLong-Term DebtTotal Equity
Per share data(show more...)
Q2'21 (TTM)Q2'22 (TTM)Q2'23 (TTM)Q2'24 (TTM)Q2'25 (TTM)Q2'26 (TTM)0.01.02.03.04.05.0
EPS (Basic) FCF/Share Dividend/ShareEPS (Diluted)Book value/ShareCash & ST inv./ShareDebt/Share
Ratios(show more...)
Q2'21 (TTM)Q2'22 (TTM)Q2'23 (TTM)Q2'24 (TTM)Q2'25 (TTM)Q2'26 (TTM)0.020.040.060.080.0100.0
P/E P/S EV/EarningsP/FCFP/BEV/FCFDebt/EquityPayout ratio
Margins(show more...)
Q2'21 (TTM)Q2'22 (TTM)Q2'23 (TTM)Q2'24 (TTM)Q2'25 (TTM)Q2'26 (TTM)0%20%40%60%
Net Income Margin Operating Margin Gross MarginEBITDA MarginFCF Margin
Returns(show more...)
Q2'21 (TTM)Q2'22 (TTM)Q2'23 (TTM)Q2'24 (TTM)Q2'25 (TTM)Q2'26 (TTM)0%5%10%15%20%25%
ROIC ROAROCEROE
Shares outstanding(show more...)
Q2'21 (TTM)Q2'22 (TTM)Q2'23 (TTM)Q2'24 (TTM)Q2'25 (TTM)Q2'26 (TTM)0.050.0(M)100.0(M)150.0(M)200.0(M)250.0(M)300.0(M)
Shares (Basic)Shares (Diluted)
Market Cap.(show more...)
Q2'21 (TTM)Q2'22 (TTM)Q2'23 (TTM)Q2'24 (TTM)Q2'25 (TTM)Q2'26 (TTM)0.020.0(B)40.0(B)60.0(B)80.0(B)100.0(B)
Market Cap.

KPIs

Revenue By Geography(show more...)
12/20223/20236/20239/202312/20233/20246/20249/202412/20243/2025
Americas Europe, Middle East, and Africa Asia Pacific

Competitors & Peers

Ownership

Major holders

*Excludes indirect insider ownership

Insiders: 0.26%
Institutions: 73.59%
Other: 26.14%

Institutional ownership

9.36% Vanguard Group Inc6.24% Blackrock Inc.3.93% FMR, LLC2.70% State Street Corporati...2.60% NORGES BANK2.58% AQR Capital Management...2.44% T. Rowe Price Investme...1.86% JPMORGAN CHASE & CO1.80% Geode Capital Manageme...1.41% Acadian Asset Manageme...38.67% Others

Trading Summary

In the past year, insiders have bought $0.00 worth of the company's stock, and sold $112.17(M).

Congress members have bought between $6006 - $90000 worth of the company's stock, and sold between $17003 - $80000.

Insider transactions

$0.002025-11$0.00
$6.30(M)2025-10$0.00
$4272332025-09$0.00
$4431422025-08$0.00
$6.00(M)2025-07$0.00
$6088602025-06$0.00
$1950872025-05$0.00
$7.02(M)2025-04$0.00
$12.71(M)2025-03$0.00
$14.37(M)2025-02$0.00
$23.24(M)2025-01$0.00
$14.41(M)2024-12$0.00
$20.37(M)2024-11$0.00
DateSharesTotal ($)Price ($)NameTitle
Sell2025-10-1333,6922,687,36879.8YUAN ERIC S.Chief Executive Officer
Sell2025-10-1033,9562,784,31882.0CHANG MICHELLEChief Financial Officer
Sell2025-10-107,660628,12182.0SANKARLINGAM VELCHAMYOfficer
Sell2025-10-062,475199,92980.8SUBOTOVSKY SANTIAGODirector
Sell2025-09-102,595220,80985.1SANKARLINGAM VELCHAMYOfficer
Sell2025-09-052,475206,42483.4SUBOTOVSKY SANTIAGODirector
Sell2025-08-262,475197,14279.7SUBOTOVSKY SANTIAGODirector
Sell2025-08-253,000246,00082.0MCMASTER HERBERT RAYMONDDirector
Sell2025-07-1525,0001,871,44274.9CHADWICK JONATHAN CDirector
Sell2025-07-1433,6912,519,73374.8YUAN ERIC S.Chief Executive Officer
Sell2025-07-1450037,50075.0MCMASTER HERBERT RAYMONDDirector
Sell2025-07-1410,528787,32974.8BAWA APARNAChief Operating Officer
Sell2025-07-107,661593,72877.5SANKARLINGAM VELCHAMYOfficer
Sell2025-07-022,475190,99677.2SUBOTOVSKY SANTIAGODirector
Sell2025-06-132,617200,92276.8NAPOLITANO JANET ANNDirector
Sell2025-06-102,595208,27580.3SANKARLINGAM VELCHAMYOfficer
Sell2025-06-032,475199,66380.7SUBOTOVSKY SANTIAGODirector
Sell2025-05-052,475195,08778.8SUBOTOVSKY SANTIAGODirector
Sell2025-04-2412,500937,92675.0CHADWICK JONATHAN CDirector
Sell2025-04-242,475186,68475.4SUBOTOVSKY SANTIAGODirector
Sell2025-04-1511,839851,34271.9SANKARLINGAM VELCHAMYOfficer
Sell2025-04-1512,500907,16272.6CHADWICK JONATHAN CDirector
Sell2025-04-1516,0991,168,62372.6BAWA APARNAChief Operating Officer
Sell2025-04-1441,1212,968,22972.2YUAN ERIC S.Chief Executive Officer
Sell2025-03-242,475192,70277.9SUBOTOVSKY SANTIAGODirector
Sell2025-03-05166,66412,514,32675.1YUAN ERIC S.Chief Executive Officer
Sell2025-02-05166,66414,365,93586.2YUAN ERIC S.Chief Executive Officer
Sell2025-01-1525,0002,008,19580.3CHADWICK JONATHAN CDirector
Sell2025-01-14201,36915,929,34379.1YUAN ERIC S.Chief Executive Officer
Sell2025-01-1412,075955,79679.2BAWA APARNAChief Operating Officer
Sell2025-01-1010,817851,17078.7SANKARLINGAM VELCHAMYOfficer
Sell2025-01-101,412111,10478.7CREHAN SHANEOfficer
Sell2025-01-109,317733,12578.7BAWA APARNAChief Operating Officer
Sell2025-01-0833,7512,655,80978.7YUAN ERIC S.Chief Executive Officer
Sell2024-12-103,618307,30984.9SANKARLINGAM VELCHAMYOfficer
Sell2024-12-101,551131,74084.9CREHAN SHANEOfficer
Sell2024-12-05166,66613,958,66683.8YUAN ERIC S.Chief Executive Officer
Sell2024-12-0419316,00082.9SUBOTOVSKY SANTIAGODirector
Sell2024-11-06261,90420,371,68577.8YUAN ERIC S.Chief Executive Officer
Sell2024-10-2912,500937,99575.0CHADWICK JONATHAN CDirector
Sell2024-10-2271,4365,131,29271.8YUAN ERIC S.Chief Executive Officer

Congressional trading

$0.002025-11$0.00
$0.002025-10$0.00
$0.002025-09$0.00
$0.002025-08$0.00
$0.002025-07$0.00
$160012025-06$0.00
$325012025-05$0.00
$0.002025-04$0.00
$0.002025-03$8001
$0.002025-02$16001
$0.002025-01$24002
$0.002024-12$0.00
$0.002024-11$0.00
DatePoliticianPartyChamberAmount ($)
Sell2025-06-25Rob BresnahanRHouse$1,001 - $15,000
Sell2025-06-06Rob BresnahanRHouse$1,001 - $15,000
Sell2025-05-12Jefferson ShreveRHouse$15,001 - $50,000
Buy2025-03-04Rob BresnahanRHouse$1,001 - $15,000
Buy2025-02-25Rob BresnahanRHouse$1,001 - $15,000
Buy2025-02-25Rob BresnahanRHouse$1,001 - $15,000
Buy2025-01-28Rob BresnahanRHouse$1,001 - $15,000
Buy2025-01-28Rob BresnahanRHouse$1,001 - $15,000
Buy2025-01-28Rob BresnahanRHouse$1,001 - $15,000

Summary

Tools

Dividend Income

Investment Amount
Dividend Yield
What is the Dividend Income Calculator?

The Dividend Income Calculator helps you estimate the yearly, quarterly, monthly, and daily income of your investments.

How to Use This Calculator?

Enter the dividend yield and the invested amount. Optionally, preload stock data to automatically fetch the dividend yield.

Required Investment

Dividend Yield
Desired Yearly Payout
Desired Quarterly Payout
Desired Monthly Payout
What is the Required Investment Calculator?

The Required Investment Calculator helps you determine the amount of money you need to invest in a stock to achieve a desired dividend.

How to Use This Calculator?

Enter the dividend yield and your desired dividend income. Optionally, preload stock data to automatically fetch the dividend yield.

Future Dividend Yield

Base Dividend
Current Price
Number of Years
Dividend Growth Rate
What is the Future Yield Calculator?

The Future Yield Calculator helps you estimate the future dividend yield of a stock based on its current dividend, price, and expected dividend growth rate.

How to Use This Calculator?

Enter the base dividend, current price, number of years, and dividend growth rate. Optionally, preload stock data to automatically fetch the dividend and price. The calculator will display the current yield and the projected future yield.

Future Dividend Income

Base Dividend
Number of Years
Dividend Growth Rate
What is the Future Dividend Income Calculator?

The Future Dividend Income Calculator helps you estimate the future dividend income from your investments based on the current dividend yield and expected growth rate.

How to Use This Calculator?

Enter the current dividend yield, expected growth rate, and investment duration. Optionally, preload stock data to automatically fetch the dividend yield.