# Zoom Video Communications, Inc.  Share Price Target ‘$75.61’, now 29.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/zoom-video-communications-inc.share-price-target-75.61-now-29.0-upside-potential/4121164271
- Published: 2024-07-08T12:07:36+01:00
- Author: Charlotte Edwards

**Zoom Video Communications, Inc.** which can be found using ticker (ZM) have now
24 confirmed analysts covering the stock with the consensus suggesting a rating 
of ‘hold’. The target price High/Low ranges between $95.00 and $55.00 with the average
share target price sitting at $75.61. (at the time of writing). Given that the stocks
previous close was at $58.63 this now indicates there is a potential upside of 29.0%.
The day 50 moving average is $61.08 and the 200 day moving average is $64.77. The
total market capitalization for the company now stands at 18.02B. The current stock
price for Microsoft Corporation is currently $58.26 USD

 The potential market cap would be $23,236,857,799 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 21.5, revenue per share of $15.01
and a 4.77% return on assets.

Zoom Video Communications, Inc. is a provider of video communication platforms. 
The Company provides a unified communications and collaboration platform that delivers
fundamental changes how people interact, connecting them through frictionless and
secure meetings, phone, chat, content sharing and more. The Company’s core products
are grouped under various categories: Zoom One, including Zoom Meetings, Zoom Phone,
Zoom Team Chat, Zoom Mail and Calendar and Zoom Whiteboard, and Zoom Spaces, including
Zoom Rooms and Workspace Reservation. The Company’s core products categories also
include Zoom Events, including Zoom Sessions and Zoom Webinars; Zoom Contact Center,
including Zoom Virtual Agent; Zoom AI, including Zoom IQ for Sales, and Zoom Developers,
including Zoom Developer Platform, Zoom App Marketplace and Zoom Apps. It serves
various industries, including education, entertainment/media, enterprise infrastructure,
finance, government, healthcare, manufacturing, and others.

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