81/100BZoom Video Communications stock forecast 2027–2031What is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Analysts' average 12-month price target for Zoom Video Communications is 118.71, 21.3% above the current price of 97.88. Their targets range from 104.00 to 133.00.
Of the 21 firms that rated Zoom Video Communications in the past 12 months, 12 rate it buy or strong buy, 9 hold and 0 sell or strong sell (each firm at its latest rating): a Buy consensus.
Analysts' 1-year price targets range from 104.00 to 133.00, with an average of 118.71.
| Buy | 12 | |
| Hold | 9 | |
| Sell | 0 |
12-month price target
| Highest target | 133.00 |
| Average target | 118.71 |
| Lowest target | 104.00 |
| Current price | 97.88 |
Zoom Video Communications price target historyWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Have analysts recently raised or lowered their Zoom Video Communications price target and rating?
How analysts rate Zoom Video Communications, month by monthWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
12 of 21 firms rate it buy now, against 8 of 22 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Zoom Video Communications analyst upgrades, downgrades and price targets
The latest rating change came on 21 October 2026, when Oppenheimer upgraded Zoom Video Communications from Perform to Outperform. Its price target is 130.00. The most recent new target came from UBS on 21 October 2026: 112.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 21 Oct 2026 | UBS Taylor McGinnis | Reiterated · Neutral | 115.00 → 112.00 | -2.6% | 97.46 |
| 21 Oct 2026 | Oppenheimer Ittai Kidron | Upgraded · Perform → Outperform | 130.00 | — | 97.46 |
| 26 Aug 2026 | Bernstein Peter Weed | — | 90.00 → 108.00 | +20.0% | 100.92 |
| 26 Aug 2026 | Morgan Stanley | Reiterated · Equal Weight | 105.00 → 107.00 | +1.9% | 100.92 |
| 26 Aug 2026 | Jefferies Samad Samana | Reiterated · Buy | 118.00 → 116.00 | -1.7% | 100.92 |
| 20 Aug 2026 | UBS | Reiterated · Neutral | 85.00 → 115.00 | +35.3% | 107.47 |
| 2 Jun 2026 | HSBC | Reiterated · Buy | 133.00 | — | 111.62 |
| 22 May 2026 | Morgan Stanley Josh Baer | Reiterated · Equal Weight | 92.00 → 105.00 | +14.1% | 108.30 |
| 22 May 2026 | Cantor Fitzgerald | Reiterated · Neutral | 87.00 → 104.00 | +19.5% | 96.75 |
| 22 May 2026 | Rosenblatt Securities Catharine Trebnick | Reiterated · Buy | 130.00 | — | 96.75 |
| 22 May 2026 | Piper Sandler | Reiterated · Neutral | 91.00 → 107.00 | +17.6% | 96.75 |
| 22 May 2026 | Needham Joshua Reilly | Reiterated · Buy | 100.00 → 130.00 | +30.0% | 96.75 |
| 22 May 2026 | BTIG Allan Verkhovski | Reiterated · Buy | 105.00 → 125.00 | +19.0% | 96.75 |
| 22 May 2026 | Wolfe Research Alex Zukin | — | 115.00 → 125.00 | +8.7% | 96.75 |
| 22 May 2026 | Jefferies | Reiterated · Buy | 105.00 → 118.00 | +12.4% | 96.75 |
| 22 May 2026 | RBC Capital Rishi Jaluria | Reiterated · Outperform | 100.00 → 130.00 | +30.0% | 96.75 |
| 22 May 2026 | Keybanc | Upgraded · Underweight → Sector Weight | — | — | — |
| 19 May 2026 | Robert W. Baird | — | 95.00 → 105.00 | +10.5% | 98.87 |
| 26 Feb 2026 | Cantor Fitzgerald Thomas Blakey | — | 87.00 | — | 74.17 |
| 5 Feb 2026 | Wolfe Research | — | 115.00 | — | 90.83 |
| 27 Jan 2026 | Wedbush Daniel Ives | — | 110.00 | — | 94.88 |
| 12 Jan 2026 | Citigroup | Upgraded · Neutral → Buy | — | — | — |
| 5 Jan 2026 | Piper Sandler | Reiterated · Neutral | 91.00 | — | 83.32 |
| 16 Dec 2025 | BTIG Allan Verkhovski | — | 105.00 | — | 87.91 |
| 25 Nov 2025 | Stifel Nicolaus | — | 80.00 → 110.00 | +37.5% | 78.98 |
| 25 Nov 2025 | Morgan Stanley | Reiterated · Equal Weight | 85.00 → 92.00 | +8.2% | 78.60 |
| 25 Nov 2025 | Bernstein Peter Weed | — | 90.00 | — | 78.60 |
| 25 Nov 2025 | Jefferies | Reiterated · Buy | 105.00 | — | 78.60 |
Zoom Video Communications EPS and revenue estimatesWhat are estimate revisions? Estimate revisions are the changes analysts make to their EPS and revenue forecasts for the years ahead. They show whether expectations are rising or falling.
Analysts expect Zoom Video Communications's EPS to grow 3.1% a year until 2029, slower than over the last 5 years (22.4% a year) and the last 3 years (162.9%).
Analysts expect Zoom Video Communications's revenue to grow 4.5% a year until 2029. Over the last 5 years it grew 12.9% a year, and over the last 3 years 3.5%.
Revenue
EPS
Does Zoom Video Communications beat earnings estimates?What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
On average, analysts' EPS estimate was 10.7% off the result, either way, and their revenue estimate 1.1%, over the last 12 quarters.
- EPS beats
- 29 / 30
- Revenue beats
- 28 / 30
- Average EPS surprise, last 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
- +10.1%
- Since
- June 2019
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q2 FY2027 | 25 Aug 2026 | 1.48 | 1.55 | +4.7% | 1.27B | 1.28B | +0.8% |
| Q1 FY2027 | 21 May 2026 | 1.42 | 1.55 | +9.2% | 1.22B | 1.24B | +1.2% |
| Q4 FY2026 | 25 Feb 2026 | 1.49 | 1.44 | -3.4% | 1.23B | 1.25B | +1.0% |
| Q3 FY2026 | 24 Nov 2025 | 1.44 | 1.52 | +5.6% | 1.21B | 1.23B | +1.3% |
| Q2 FY2026 | 21 Aug 2025 | 1.38 | 1.53 | +10.9% | 1.20B | 1.22B | +1.6% |
| Q1 FY2026 | 21 May 2025 | 1.31 | 1.43 | +9.2% | 1.17B | 1.17B | +0.7% |
| Q4 FY2025 | 24 Feb 2025 | 1.30 | 1.41 | +8.5% | 1.18B | 1.18B | +0.5% |
| Q3 FY2025 | 25 Nov 2024 | 1.31 | 1.38 | +5.3% | 1.16B | 1.18B | +1.2% |
| Q2 FY2025 | 21 Aug 2024 | 1.21 | 1.39 | +14.9% | 1.15B | 1.16B | +1.2% |
| Q1 FY2025 | 20 May 2024 | 1.19 | 1.35 | +13.4% | 1.13B | 1.14B | +1.3% |
| Q4 FY2024 | 26 Feb 2024 | 1.15 | 1.42 | +23.5% | 1.13B | 1.15B | +1.4% |
| Q3 FY2024 | 20 Nov 2023 | 1.08 | 1.29 | +19.4% | 1.13B | 1.14B | +0.5% |
Zoom Video Communications stock price 2027–2031: scenariosHow are the stock price scenarios calculated? Bear, base and bull prices for the years ahead: the analysts' EPS estimates times the lowest, average and highest P/E of the stock today and at its last five year ends, or of its peers.
If Zoom Video Communications's earnings keep growing at the 4.5% a year analysts expect to FY2029, it would earn about 7.39 a share in FY2031. At the P/E it has traded at over the last five years (8.9 to 33.3) that is 65.78 to 245.79 a share, or 168.10 at its average P/E of 22.7. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2027 | 6.15 | 54.72 | 139.84 | 204.47 |
| FY2028 | 6.36 | 56.59 | 144.62 | 211.46 |
| FY2029 | 6.76 | 60.19 | 153.81 | 224.90 |
| FY2030 (extrapolated) | 7.07 | 62.92 | 160.80 | 235.11 |
| FY2031 (extrapolated) | 7.39 | 65.78 | 168.10 | 245.79 |
Each year's EPS is the analysts' consensus to FY2029; the years after grow 4.5% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (8.9, 22.7, 33.3).
Is Zoom Video Communications stock undervalued or overvalued?How does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
Zoom Video Communications's P/E of 8.9 is near the bottom of its 5-year range (7.9 to 32,139.1, median 24.7). Analysts expect slower growth than in recent years, so the low P/E may be deserved. Buyers pay more for each point of growth than usual: a PEG of 2.9 on expected growth against 1.1 on its median P/E and past five years' growth. At the median P/E of its peers (30.8 × EPS of 3.58), Zoom Video Communications's fair value is 110.27; the price, 97.88, is 11.2% below it. The EPS is without 7.42 a share of one-off gains in its other income, which the business does not repeat. Its forward P/E, on the consensus for FY2027, is 15.9.
Fair value on the peers is the median P/E of the US companies of its industry closest in size times its earnings per share of the last twelve months; the ends of the bar are the same earnings at the lowest and highest peer P/E (20.6 and 66.5). The price against its P/E range
- Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 8.90
- Five-year median P/EWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 24.72
- Five-year P/E range
- 7.9 – 32,139.1
- Forward P/E (FY2027)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 15.92
- PEG ratioWhat is the PEG ratio? The PEG ratio divides the P/E by the yearly earnings growth analysts expect, to show how much you pay for each point of growth.
- 1.96
- To the average targetWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
- +21.3%
Most undervalued US stocksHow does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 35.850 | 71.4258Price 35.85193 | +99.2% | |
| 29.050 | 56.2634Price 29.0596 | +93.7% | |
| 241.000 | 464.49205Price 241.00627 | +92.7% | |
| 123.590 | 237.24178Price 123.59297 | +92.0% | |
| 161.400 | 305.52159Price 161.40396 | +89.3% | |
| 157.460 | 297.58169Price 157.46471 | +89.0% | |
| 217.560 | 405.38304Price 217.56507 | +86.3% |
Furthest below the fair value on each stock's page, updated every day.