ZM logo
Zoom Communications Inc.
ZM
78.81 (-0.33%) 0.26
23.59(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 Holdings:
(?% ownership)
Shares:
Cost basis:
Market cap:$23.59(B)
EV:$15.84(B)
Total Equity:$8.95(B)
Div. yield:0.00%
Earnings date:Aug-21-2025
P/E:20.26
P/E (fwd):13.49
P/FCF:12.90
P/S:5.06
P/B:2.66
EPS:$3.9
EPS (fwd):$5.8
FCF/share:$6.1
Dividend/share:$0.0
Book value/share:$29.7
ROIC:12.1%
ROA:9.9%
ROE:12.2%
Gross margin:76.4%
Net margin:25.0%

ZM Valuation & Price Targets

Current Price
$78.8
Day change: -0.33%
PEvaluation
N/A
N/A
Analyst targets
N/A
N/A

More Valuation Methods

DCF (2-stage)
N/A
N/A
DCF (simple)
N/A
N/A
DCF (exit mult.)
N/A
N/A
Future P/E
N/A
N/A
Peter Lynch FV
N/A
N/A
Graham No.
N/A
N/A
DDM
N/A
N/A

PEvaluation

25% undervalued
Low
$73.9
Mid
$98.6
High
$123.2
Current price
$78.8
Fair P/E
Margin of safety
Market Model
Shares outstan...ROICRevenue growthDebt/FCFAssets/Liabili...
Economic moat: Medium

EPS Estimates

LowAvgHigh#
FY+15.65.86.629
FY+25.45.96.431
FY+35.06.17.117
FY+43.45.66.95
FY+53.75.97.35
EPS

Analyst Price Targets

17% undervalued
Low
$65.0
Mid
$92.0
High
$115.0
Current price
$78.8

Analyst Recommendations

Strong Buy3
Buy12
Hold15
Sell1
Strong Sell1

EPS Estimates

LowAvgHigh#
FY+15.65.86.629
FY+25.45.96.431
FY+35.06.17.117
FY+43.45.66.95
FY+53.75.97.35

2-stage DCF

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

Discounted Cash Flow

Forecast years
Terminal Growth Rate
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
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%

Future P/E Valuation

Projection Years
Base Revenue
Revenue Growth Rate
Final Net Margin
Final P/E Ratio
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

Summary

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 margin18.1%
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$307.30(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: $78.8
Revenue: $15.6 (5.1x | 19.8%) Gross profit: $12.1 (6.5x | 15.4%) Earnings: $3.89 (20.3x | 4.9%)
FCF: $6.11 (12.9x | 7.8%) Stock-based Comp.: $2.85 (27.6x | 3.6%) Dividend: $0.00 (N/A | 0.0%)
Total Assets: $36.9 (2.1x | 46.8%) Total Liabilities: $7.00 (11.3x | 8.9%) Book Value: $29.7 (2.7x | 37.6%) Cash & ST inv.: $26.0 (3.0x | 33.0%) Debt: $0.00 (N/A | 0.0%)

Growth Estimates

Revenue

CAGR: 3.3%
FY+1FY+2FY+3FY+4FY+5
FY+1$4.83(B)
FY+2(+3.3%)$4.99(B)
FY+3(+3.5%)$5.16(B)
FY+4(+3.1%)$5.32(B)
FY+5(+3.2%)$5.49(B)

Net Income

CAGR: 1.7%
FY+1FY+2FY+3FY+4FY+5
FY+1$1.81(B)
FY+2(+0.2%)$1.81(B)
FY+3(+4.4%)$1.89(B)
FY+4(-1.1%)$1.87(B)
FY+5(+3.4%)$1.94(B)

EPS

CAGR: 0.1%
FY+1FY+2FY+3FY+4FY+5
FY+1$5.84
FY+2(+0.5%)$5.87
FY+3(+4.4%)$6.13
FY+4(-8.6%)$5.60
FY+5(+4.8%)$5.87

FCF per share

CAGR: 6.7%
FY+1FY+2FY+3FY+4FY+5
FY+1$5.83
FY+2(+20.8%)$7.04
FY+3(+8.9%)$7.67
FY+4(-2.0%)$7.52
FY+5(+0.5%)$7.56

Historical Financials

Showing limited histrical data.
YearlyQuarterly
Income
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY20250.01.0(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
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY20250.0500.0(M)1.0(B)1.5(B)
Stock-based Comp. FCFCFONet IncomeD&ACFFStock IssuedStock RepurchasedDebt IssuedDebt RepaidDividend PaidCFIAcquisitionsDivestituresCapital Expenditures
Balance sheet
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY20250.02.0(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 liabilitiesAccounts payableNon-current liabilitiesLong-Term DebtTotal Equity
Per share data
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY20250.01.02.03.04.05.0
EPS (Basic) FCF/Share Dividend/ShareEPS (Diluted)Book value/ShareCash & ST inv./ShareDebt/Share
Ratios
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY20250.020.040.060.080.0100.0
P/E P/S EV/EarningsP/FCFP/BEV/FCFDebt/EquityPayout ratio
Margins
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY20250%20%40%60%
Net Income Margin Operating Margin Gross MarginEBITDA MarginFCF Margin
Returns
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY20250%5%10%15%20%25%
ROIC ROAROCEROE
Shares outstanding
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY20250.050.0(M)100.0(M)150.0(M)200.0(M)250.0(M)300.0(M)
Shares (Basic)Shares (Diluted)
Market Cap.
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY20250.020.0(B)40.0(B)60.0(B)80.0(B)100.0(B)
Market Cap.

KPIs

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

Similar Companies

Ownership

Major holders

*Excludes indirect insider ownership

Insiders: 0.26%
Institutions: 74.63%
Other: 25.11%

Institutional ownership

59.03% Vanguard Group Inc39.34% Blackrock Inc.22.47% FMR, LLC21.80% NORGES BANK17.52% AQR Capital Management...16.04% State Street Corporati...15.19% T. Rowe Price Investme...13.69% Newlands Management Op...11.75% JPMORGAN CHASE & CO11.35% Geode Capital Manageme...-153.55% Others

Trading Summary

In the past year, insiders have bought $0.00 worth of the company's stock, and sold $116.79(M).

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

Insider transactions

2025-09

$0.00
$0.00

2025-08

$0.00
$0.00

2025-07

$6.00(M)
$0.00

2025-06

$608860
$0.00

2025-05

$195087
$0.00

2025-04

$7.02(M)
$0.00

2025-03

$12.71(M)
$0.00

2025-02

$14.37(M)
$0.00

2025-01

$23.24(M)
$0.00

2024-12

$14.41(M)
$0.00

2024-11

$20.37(M)
$0.00

2024-10

$15.48(M)
$0.00

2024-09

$2.09(M)
$0.00
DateSharesTotal ($)Price ($)NameTitle
Sell2025-07-1525,0001,871,44274.9CHADWICK JONATHAN CDirector
Sell2025-07-1410,528787,32974.8BAWA APARNAChief Operating Officer
Sell2025-07-1433,6912,519,73374.8YUAN ERIC S.Chief Executive Officer
Sell2025-07-1450037,50075.0MCMASTER HERBERT RAYMONDDirector
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
Sell2025-04-242,475186,68475.4SUBOTOVSKY SANTIAGODirector
Sell2025-04-2412,500937,92675.0CHADWICK JONATHAN CDirector
Sell2025-04-1516,0991,168,62372.6BAWA APARNAChief Operating Officer
Sell2025-04-1511,839851,34271.9SANKARLINGAM VELCHAMYOfficer
Sell2025-04-1512,500907,16272.6CHADWICK JONATHAN CDirector
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
Sell2025-01-1412,075955,79679.2BAWA APARNAChief Operating Officer
Sell2025-01-14201,36915,929,34379.1YUAN ERIC S.Chief Executive Officer
Sell2025-01-109,317733,12578.7BAWA APARNAChief Operating Officer
Sell2025-01-1010,817851,17078.7SANKARLINGAM VELCHAMYOfficer
Sell2025-01-101,412111,10478.7CREHAN SHANEOfficer
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
Sell2024-10-1410,520721,52968.6BAWA APARNAChief Operating Officer
Sell2024-10-1412,500854,50768.4CHADWICK JONATHAN CDirector
Sell2024-10-1058,4544,037,54869.1YUAN ERIC S.Chief Executive Officer
Sell2024-10-1010,338718,60469.5SANKARLINGAM VELCHAMYOfficer
Sell2024-10-101,776123,45169.5CREHAN SHANEOfficer
Sell2024-10-094,477310,65069.4NAPOLITANO JANET ANNDirector
Sell2024-10-0914,151963,96668.1STECKELBERG KELLYChief Financial Officer
Sell2024-10-0810,871740,53368.1BAWA APARNAChief Operating Officer
Sell2024-10-084,861333,96468.7CREHAN SHANEOfficer
Sell2024-10-028,901603,43667.8STECKELBERG KELLYChief Financial Officer
Sell2024-09-188,901591,67166.5STECKELBERG KELLYChief Financial Officer
Sell2024-09-113,013201,09966.7CREHAN SHANEOfficer
Sell2024-09-103,614241,66866.9SANKARLINGAM VELCHAMYOfficer
Sell2024-09-1083155,08366.3BAWA APARNAChief Operating Officer
Sell2024-09-054,840329,29868.0YUAN ERIC S.Chief Executive Officer
Sell2024-09-0588059,91968.1BAWA APARNAChief Operating Officer
Sell2024-09-048,901609,18768.4STECKELBERG KELLYChief Financial Officer
Sell2024-08-215,013299,29859.7STECKELBERG KELLYChief Financial Officer

Congressional trading

2025-09

$0.00
$0.00

2025-08

$0.00
$0.00

2025-07

$0.00
$0.00

2025-06

$16001
$0.00

2025-05

$32501
$0.00

2025-04

$0.00
$0.00

2025-03

$0.00
$8001

2025-02

$0.00
$16001

2025-01

$0.00
$24002

2024-12

$0.00
$0.00

2024-11

$0.00
$0.00

2024-10

$0.00
$0.00

2024-09

$0.00
$0.00
DatePoliticianPartyChamberAmount ($)
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

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