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Asset logo for symbol ZM
Zoom Video Communications
ZM63
$79.70arrow_drop_down2.43%-$2.00
Asset logo for symbol ZM
ZM63

$79.70

arrow_drop_down2.43%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Zoom Video Communications (ZM) Stocklytics Forecast

According to AI and machine learning predictions, Zoom Video Communications Inc (ZM) is expected to experience significant growth in the coming years. The stock price forecast for ZM in 2023 is quite promising. Experts anticipate that the stock will continue to rise steadily, reflecting the company's exceptional performance. Analysts have set a high price target for ZM, projecting a strong upward trajectory in the stock's value over the next few years. With its innovative video conferencing platform and increasing demand for remote work solutions, Zoom has positioned itself as a leader in the industry.
Analysts have praised Zoom's ability to adapt to the changing needs of customers and provide effective communication tools. The company's revenue and user base have consistently grown, and this upward trend is expected to continue. Zoom's exceptional performance during the COVID-19 pandemic has further boosted investor confidence. With the accelerated shift towards remote work, Zoom's services have become essential for businesses and individuals worldwide.
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Frequently Asked Questions

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What is the analyst price prediction for Zoom Video Communications (ZM) stock?

Analysts have set a target price of $76.21 for Zoom Video Communications (ZM), based on forecasts from 29 analysts. The predicted price range extends from a high of $95 to a low of $60. This represents a potential increase of up to 19.18% and a decrease of -24.73% from the current price of $79.71. These forecasts are as of 2023 Oct 04.
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What are the analyst ratings for Zoom Video Communications (ZM) stock?

The analyst ratings for Zoom Video Communications (ZM) are distributed as follows: 16 analysts recommend buying, 18 have a neutral stance, and 1 suggest selling. The prevailing sentiment among the total of 35 analysts leans towards a neutral rating. These ratings indicate the general sentiment among the analysts covering Zoom Video Communications .
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What is the AI price prediction for Zoom Video Communications (ZM) stock?

At present, there is no AI or machine-learning-based price prediction available for Zoom Video Communications (ZM) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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