6 Analysts Have This To Say About Zoom Video Comms
Portfolio Pulse from Benzinga Insights
Analyst ratings for Zoom Video Communications (NASDAQ:ZM) show varied opinions, with a recent shift towards a more bullish outlook. The average 12-month price target is now $78.33, down from $87.67. Recent actions by analysts include adjustments to ratings and price targets, reflecting changes in market conditions and company performance. Zoom's financials indicate solid revenue growth and net margin, but challenges in ROE and comparison with industry peers.
April 18, 2024 | 12:01 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Analyst ratings for ZM vary, with a recent trend towards bullishness. The average 12-month price target has decreased to $78.33 from $87.67. Financial indicators show solid revenue growth and net margin, but ROE below industry standards.
The mixed analyst ratings with a recent bullish trend suggest uncertainty but potential optimism about ZM's future performance. The decrease in the average price target reflects adjustments to market conditions and company performance. Solid revenue growth and net margin indicate good financial health, but the below-average ROE could concern investors. The overall impact on ZM's stock price in the short term is likely neutral, as positive financial indicators may balance out the lowered price target and ROE concerns.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100