NASDAQ: ZM

Zoom Communications (ZM) Stock Analysis & Forecast

Sep 28 close

$87.30−2.41 (−2.7%)

Gekko Brief

Zoom Communications closed at $87.30 on 28 September 2026, -2.7% on the day. The price sits between the 50-day ($96.92) and 200-day ($91.06) moving averages, inside a 52-week range of $70.70 to $114.74. The GekkoIndex reads 66.7, in the Accumulation zone, up 3.1 points over five sessions. Gekko Fair Value is $101.09, so the price is 13.6% below it.

The next earnings report is due on 23 November 2026, 55 days away (after close). Over the last 8 reports the company beat the earnings estimate 7 times, with an average move of 8.6% across the report. Over the last 30 days there was 1 unusual options signal. Seasonally, the next 20 trading days from this point averaged +2% over the last 5 years, rising in 3 of them.

17 firms rate the stock: 10 buy, 7 hold and 0 sell, with a consensus target of $118.24. A typical daily move is about 3.1%, and a typical 20-day move about 7.4%. On the swing-trade checklist, 4 items read supportive and 1 reads as a headwind (smart money).

Generated Sep 29, 2026 from the data above.

Zoom Communications price vs fair value

$101.09$87.30Sep ’25Mar ’26Sep ’26
Close $87.30200-day averageGekko Fair Value $101.09

Zoom Communications quick facts

Market cap
$25.60B
P/E ratio
8.5
Forward P/E
15.1
EPS, TTM
$10.59
Revenue, TTM
$4.99B
Profit margin
65.2%
Dividend yield
—
Beta
1.04
Volume
2.36M avg 2.92M
1-year return
+3.9%
Typical daily move
±3.1%
Typical 20-day move
±7.4%
50-day average
$96.92
200-day average
$91.06
Next earnings
Nov 23 after close
Shares outstanding
263.2M
52-week range
$70.70$114.74

Zoom Communications swing-trade checklist

Zoom Communications scores 4 supportive, 1 mixed and 1 headwind across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

4 supportive1 mixed1 headwind

  • Trendmixed

    Averages disagree

    Close $87.30 sits between the 50-day ($96.92) and 200-day ($91.06) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    66.7, Accumulation

    Reading 66.7 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    13.6% below

    Price is 13.6% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyheadwind

    Leans bearish

    Last 30 days: 1 unusual options signal.

    See smart money
  • Earnings risksupportive

    Reports in 55 days

    Next report Nov 23, 2026, 55 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +2.0% on average

    From this point in the calendar, the next 20 trading days averaged +2% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Zoom Communications stock chart and price history

Zoom Communications closed at $87.30 on Sep 28, 2026, +3.9% over the past year, inside a 52-week range of $70.70 to $114.74.

Close50-day average200-day averageVolume
Zoom Communications share price, past year, with 50-day and 200-day moving averages and volume$80$90$100$110NovDecJan 2026FebMarAprMayJunJulAugSep87.30

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−12.9%
3 months
+1.3%
6 months
+12.3%
1 year
+3.9%
The full ZM chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open ZM in Gekko

Follow Zoom Communications through every session

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About Zoom Communications

Zoom Communications offers a platform built around communication and collaboration tools, helping people and teams connect and work together remotely. It has become associated with video-based meetings and related services that support day-to-day interaction across organizations.

The company organizes its operations across three broad regions: the Americas, Asia Pacific, and Europe, the Middle East, and Africa. This structure reflects a customer base that spans across different geographic markets rather than being concentrated in a single area.

Zoom Communications was founded in 2011 by Eric S. Yuan and is headquartered in San Jose, California. Its shares are listed on the NASDAQ under the ticker ZM.

Listed
NASDAQ
Sector
Technology services
Industry
Packaged software
Website
zoom.com

Zoom Communications GekkoIndex: the smart money zone

Zoom Communications’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 66.7, in the Accumulation zone, up 3.1 points over five sessions.

010066.7Accumulation

Up 3.1 points over five sessions.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying43+2.8%+3.0%+6.1%+7.6%
Accumulation (current zone)220+0.7%+2.2%+4.8%+8.4%
Neutral3650.0%−0.3%−0.7%+1.3%
Distribution41−0.3%−0.2%−0.4%−3.1%
Selling3Too few readings yet

Average ZM share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the ZM price, zone by zone.Track ZM in Gekko

Is Zoom Communications stock overvalued? Gekko Fair Value

Zoom Communications trades 13.6% below Gekko Fair Value of $101.09, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Zoom Communications shares are worth, recalculated every trading day.

$101.09

Gekko Fair Value, Sep 26, 2026

13.6% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open ZM in Gekko

Zoom Communications insider and Congress trading

No open-market insider purchases were filed for Zoom Communications, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for ZM in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every ZM insider filing, plotted on the chart in Gekko.Open ZM in Gekko

Congress trades last 90 days

No trades in ZM were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for ZM, plotted on the chart in Gekko.Open ZM in Gekko

Buybacks

Zoom Communications has been buying back its own shares.

Bought back, quarter ended Jul 31, 2026
$360.5M
As a share of market cap
1.41%
Trailing four quarters
$1.46B

From company filings.

Unusual options activity last 30 days

1signal, 0% of the flagged premium in calls.

Latest: Bearish flow on Sep 18, $970K in unusual premium.

Hedge funds and billionaires quarter ended Jun 30

2of the funds Gekko tracks hold ZM.

1added0opened1trimmed1sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko

Zoom Communications earnings: next date and track record

Zoom Communications reports on Nov 23, 2026, after the close (55 days away), and beat the EPS estimate in 7 of its last 8 reports.

7 of 8reports beat the EPS estimate
±8.6%average move across the report
3 of 8reports followed by a gain

Share-price move across each report

−2.9%Nov ’24−10.0%Feb ’25−1.2%May ’25+14.3%Aug ’25+9.8%Nov ’25−13.7%Feb ’26+6.3%May ’26−10.5%Aug ’26

Last earnings call, Aug 25, 2026 AI summary

What they said
Zoom reported Q2 FY2027 total revenue growth of 4.9%, with Enterprise revenue growing 7.8%, its strongest rate in three years. AI feature adoption surged 125% YoY in licensed monthly active users. Zoom Phone ARR grew in the teens, Workvivo surpassed $100M ARR, and Zoom CX set a record for seven-figure ARR deals with AI included in 9 of top 10 CX deals.
Guidance
Management provided guidance for Q3 and full fiscal year 2027, expressing confidence in continued enterprise acceleration and AI monetization. Growth is expected to be driven by Zoom Workplace, Phone, CX, and Workvivo platform expansion.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 25, 2026$1.55
est $1.48
+4.7%$1.28B
est $1.27B
+0.8%−10.5%
May 21, 2026$1.55
est $1.42
+9.2%$1.24B
est $1.22B
+1.2%+6.3%
Feb 25, 2026$1.44
est $1.49
−3.4%$1.25B
est $1.23B
+1.0%−13.7%
Nov 24, 2025$1.52
est $1.44
+5.6%$1.23B
est $1.21B
+1.3%+9.8%
Aug 21, 2025$1.53
est $1.38
+10.9%$1.22B
est $1.20B
+1.6%+14.3%
May 21, 2025$1.43
est $1.31
+9.2%$1.17B
est $1.17B
+0.7%−1.2%
Feb 24, 2025$1.41
est $1.30
+8.5%$1.18B
est $1.18B
+0.5%−10.0%
Nov 25, 2024$1.38
est $1.31
+5.3%$1.18B
est $1.16B
+1.2%−2.9%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Zoom Communications stock forecast and analyst price targets

Analysts’ average 12-month price target for Zoom Communications is $118.24, +35.4% from the last close, from 17 firms rating the stock in the last 90 days.

$118.24consensus 12-month target, +35.4% from the last close
Low $104High $135
Buy10
Hold7
Sell0

Each firm’s latest rating in the last 90 days: 17 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 25Wells FargoHold, maintained$105+20.3%
Sep 18Morgan StanleyHold, reiterated$107+22.6%
Sep 9Bank of America SecuritiesBuy, reiterated$130+48.9%
Sep 1J.P. MorganHold, maintained$110+26.0%
Aug 28UBSHold, reiterated$115+31.7%
+4.8%average 20-day move after past Accumulation readings
+2.0%average move over the next 20 trading days in the last 5 years
±3.1%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Zoom Communications seasonality: the next 20 trading days

Over the next 20 trading days from Sep 26, Zoom Communications averaged +2.0% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

+2.5%2021+9.9%2022−9.0%2023+5.5%2024−0.3%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−1.8%1 of 5
Next 10 trading days−2.0%2 of 5
Next 15 trading days−1.1%3 of 5
Next 20 trading days+2.0%3 of 5
Next 30 trading days+1.9%2 of 5

For scale, ZM’s typical 20-trading-day move in either direction is about 7.4%.

Zoom Communications market cap and key statistics

Zoom Communications’s market cap is $25.60B, with a P/E ratio of 8.5 and revenue of $4.99B over the last twelve months.

Valuation

Market cap
$25.60B
P/E ratio
8.5
Forward P/E
15.1
EPS, TTM
$10.59
Gekko Fair Value
$101.09

Trading

Volume
2.36M
Avg volume, 20 days
2.92M
52-week high
$114.74
52-week low
$70.70
Shares outstanding
263.2M

Financials

Revenue, TTM
$4.99B
Profit margin
65.2%
Return on equity
32.1%
Quarterly earnings growth, YoY
+342.3%

Risk and income

Beta
1.04
Typical daily move
±3.1%
Typical 20-day move
±7.4%

Zoom Communications stock news this week

1 headline about Zoom Communications from the past week, newest first, each linking to the publisher.

Zoom Communications peers

Zoom Communications’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
MSFTMicrosoft+0.7%Neutral17.3% above
PLTRPalantir Technologies+0.7%Neutral15.7% above
ORCLOracle−0.1%Accumulation25.9% below
PANWPalo Alto Networks+5.8%Neutral16.1% above
CRWDCrowdStrike+4.2%Neutral27.2% above
CRMSalesforce+1.0%Neutral5.9% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Zoom Communications stock FAQ

What is Zoom Communications’s market cap?

Zoom Communications’s market cap is $25.60B at the Sep 28, 2026 close of $87.30, with 263.2M shares outstanding. The shares trade on a P/E ratio of 8.5.

What is the Zoom Communications stock forecast?

The consensus analyst 12-month price target for Zoom Communications is $118.24, +35.4% from the last close. Of the 17 firms that rated the stock in the last 90 days, 10 rate it a buy, 7 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Zoom Communications stock overvalued or undervalued?

On Gekko’s estimate Zoom Communications is undervalued: the Sep 28, 2026 close of $87.30 is 13.6% below Gekko Fair Value of $101.09. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Zoom Communications report earnings next?

Zoom Communications is expected to report on Nov 23, 2026, after the market closes (55 days away). Analysts expect earnings of $1.50 per share on revenue of $1.28B. Zoom Communications beat the earnings estimate in 7 of its last 8 reports, moving 8.6% on average across the report.

What is Zoom Communications’s 52-week high and low?

Zoom Communications’s 52-week high is $114.74 and its 52-week low is $70.70; it closed at $87.30 on Sep 28, 2026, +3.9% over the past year. Over the last five years the shares peaked at $291.31 on Nov 4, 2021.

Is Zoom Communications stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 6 items with data read as supportive (gekkoindex, fair value, earnings risk and seasonality), 1 as mixed (trend) and 1 as a headwind (smart money). The checklist is a description of current data, not a recommendation.

Is there unusual options activity in Zoom Communications?

Gekko flagged 1 unusual options signal in Zoom Communications over the last 30 days, with $0 of flagged premium in calls and $970K in puts. The latest, bearish flow, was on Sep 18, 2026 with $970K in unusual premium. The signal-by-signal table is in Gekko.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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