ZM Zoom Communications, Inc.

Stock NASDAQ Technology

US$91.91 -1.24% Latest close

Zoom Communications, Inc. (ZM) trend channel, buy level and 3-month target on Trade The Path. Sector: Technology. Listed on NASDAQ. Levels below are fitted to this ticker's own swing highs and lows (Theil–Sen, log-price), then projected 3 months. If this ticker has no settled sample yet, treat the numbers as a geometric read, not a track record. Information only, not financial advice.

In the buy zone, rising on both timeframes

Price is sitting on the lower trend line — the level that has repeatedly held.

The next few months are read from the last 12 months, not the last 9 months: that channel fits this stock's recent turns at least as well (60% against 56%) and it is the one price is respecting now. The last 9 months stay as context: rising, +29% a year. The nearest ceiling overhead is US$109.07, from the last 9 months. What would overturn this: a close below US$88.28 — the floor of the channel being read — after which the trend, not the entry, is what was wrong.

9 months
US$88.40 – US$109.07 Rising channel, +29% a year
12 months read from
US$88.28 – US$129.63 Rising channel, +22% a year
Position in that channel
9% 0% at the floor, 100% at the ceiling

Price history, with the path projected 3 months forward

US$60.0US$80.0US$100.0US$120.0Oct 23Mar 24Aug 24Jan 25June 25Nov 25Apr 26Sept 26 today BuyTarget Our buy US$88.0 · est. 11 Sept 26Our target US$104.8 · est. 10 Dec 26
  • Daily close
  • Upper trend line (9 months)
  • Lower trend line (9 months)
  • The same lines over the last 12 months
  • Dashed after today: projected 3 months
  • Our buy
  • Our target

Our target

No published call today because no target size has paid on this stock’s own record, so there is none to publish. No alerts are sent. The buy and target below are still this site's read of the fitted channel.

Buy at or below

US$88.52

level as at 17 Sept 2026

Our target

US$104.50

by 16 Dec 2026

Projected move

18.1%

gross, before costs

Price sits between our buy level and our target.

Upper line touches
2
Lower line touches
3
Fit confidence
56%
Fitted
14 Sept 2026

About Zoom Communications, Inc.

Zoom Communications, Inc. provides a robust platform for enhancing communication and fostering collaboration. The company's global reach is organized into three primary operational regions: the Americas, the Asia Pacific, and Europe, the Middle East, and Africa (EMEA). Eric S. Yuan founded the enterprise in 2011, and its corporate headquarters are situated in San Jose, California.

Sector
Technology
Industry
Software - Application
CEO
Eric S. Yuan
Employees
7,438
Country
US

https://www.zoom.com

Scorecard

Our own pillar scores, computed from the fundamentals below. They are not Morningstar ratings — that data is licensed and we do not redistribute it.

Valuation
93/100
Profitability
93/100
Financial health
67/100
Cash generation
84/100

Key statistics

Market cap
US$28.35B
Enterprise value
US$27.48B
Beta
1.04
Avg volume
4.14M
Revenue per share
17.00
Dividend yield
0.00%
52-week range
70.7-114.74
Exchange
NASDAQ

Key ratios

P/E (TTM)
8.79
PEG
0.05
Price / sales
5.68
Price / book
2.51
EV / EBITDA
6.26
Gross margin
77.30%
Operating margin
23.73%
Net margin
65.19%
Current ratio
3.83
Quick ratio
3.83
Debt / equity
0.01
Interest cover
0.00

Income statement

YearRevenueGross profitOperating incomeNet incomeEPS
2026US$4.87BUS$3.75BUS$1.12BUS$1.90BUS$6.18
2025US$4.67BUS$3.54BUS$813.29MUS$1.01BUS$3.21
2024US$4.53BUS$3.45BUS$525.28MUS$637.46MUS$2.07
2023US$4.39BUS$3.29BUS$245.43MUS$103.71MUS$0.34
2022US$4.10BUS$3.05BUS$1.06BUS$1.38BUS$4.50

Balance sheet

YearTotal assetsTotal liabilitiesTotal equity
2026US$11.96BUS$2.15BUS$9.81B
2025US$10.99BUS$2.05BUS$8.94B
2024US$9.93BUS$1.91BUS$8.02B
2023US$8.13BUS$1.92BUS$6.21B
2022US$7.55BUS$1.77BUS$5.78B

Cash flow

YearOperating cash flowFree cash flowNet income
2026US$1.99BUS$1.92BUS$1.90B
2025US$1.95BUS$1.81BUS$1.01B
2024US$1.60BUS$1.47BUS$637.46M
2023US$1.29BUS$1.18BUS$103.71M
2022US$1.61BUS$1.46BUS$1.38B

EPS forecasts

PeriodEst. EPSEst. revenueAnalysts
2026US$5.97US$4.86B19
2027US$6.14US$5.09B15
2028US$6.36US$5.30B15
2029US$6.68US$5.51B6
2030US$7.00US$5.71B2
2031US$6.62US$5.95B4

Analyst view

Target (mean)
US$118.08
Target (high)
US$133.00
Target (low)
US$104.00
Strong buy
0
Buy
19
Hold
27
Sell
3

Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.