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ZMZoom Communications, Inc.Buy Wait6.4·$92.00-2.39%
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Zoom Communications, Inc. (ZM) Stock Analysis

Temp Headwind edge

Buy WaitModerate Confidence

Technology · Software - Application

Wait for pullback to $87.47. At $92.00 the A.R:R is 1.1:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $87.47 (5% below current) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risk: Negative momentum.

Zoom Communications offers a cloud collaboration platform — Zoom Workplace and Zoom Business Services — covering video meetings, phone, team chat, contact center, events, and employee experience (Workvivo) to customers from SMBs to large enterprises. Revenue comes from... Read more

$92.00+18.3% A.UpsideScore 6.4/10#12 of 98 Software - Application
QualityF-score8 / 9FCF yield7.17%
Entry $87.47(5% below current)Stop $81.35Target $103.50(analyst − 10%)A.R:R 1.1:1Setup A.R:R 2.6:1
Analyst target$115.00+25.0%26 analysts
$103.50our TP
$92.00price
$115.00mean
$79
$135

Wait for pullback to $87.47. At $92.00 the A.R:R is 1.1:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $87.47 (5% below current) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risk: Negative momentum. Chart setup: No clear chart pattern; technical signals are mixed. Wide-moat business. Accumulate on weakness. Score 6.4/10, moderate confidence.

Passes 5/8 gates (clean insider activity, news events none recent, earnings proximity 65d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: moderate.

10-K grounded · weekly refresh

About Zoom Communications, Inc.

About Zoom Communications, Inc.

Zoom Communications' platform spans video meetings (supporting up to 1,000 video participants), Zoom Phone (native PSTN connectivity in more than 45 countries as of January 31, 2026), team chat, contact center, events, and employee experience through Workvivo. The Zoom App Marketplace offers more than 3,100 apps and integrations with key software vendors, and the Zoom Phone Provider Exchange includes more than 90 countries and territories. Zoom AI Companion, launched September 2023, is included at no additional cost for eligible paid users and also available as a standalone product.

Zoom earns subscription revenue across plans for businesses of all sizes; larger enterprise sales involve longer cycles and often require customized features, support services, or pricing concessions. The go-to-market model integrates direct sales, online channels, resellers, and strategic partners in a land-and-expand approach — initial departmental adoption typically expands across Zoom Phone, Zoom Contact Center, Zoom Events, and Workvivo over time. The federated AI approach draws on models from OpenAI, Anthropic, and NVIDIA alongside Zoom's proprietary small and large language models, enabling task-specific optimization. The 10-K names Microsoft 365 (with Teams) and Google Workspace (with Meet) as primary bundled-suite competitors; Cisco Webex, GoTo, Avaya, and RingCentral as UCaaS rivals; and Five9, Genesys, and NICE inContact as contact center competitors. Many of these competitors benefit from greater name recognition, larger marketing budgets, and established distribution agreements with hardware manufacturers and resellers.

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The most specific structural dependency named in the 10-K involves Microsoft and Google: Zoom integrates with Microsoft Office applications and Google Workspace, but both companies operate competing products — Teams and Meet — and control operating systems, app stores, and cloud services the platform depends on. The 10-K warns that competitors could modify their products to degrade Zoom's functionality or favor their own solutions, with no regulatory remedy cited. Additionally, Zoom depends on Amazon Web Services and Oracle Cloud for critical hosting functions and has experienced partial service outages; the 10-K notes current shortages for certain server parts as a constraint on data center expansion.

See also: Technology · Software - Application

From Zoom Communications, Inc.'s most recent 10-K filing, extracted June 16, 2026.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-06-17
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Aug 20, 202665d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
Positive news sentiment (+0.67)
High-quality business
Risks
Negative momentum

Key Metrics

P/E (TTM)13.9
P/E (Fwd)15.0
Mkt Cap$27.6B
EV/EBITDA14.9
Profit Mgn42.0%
ROE21.9%
Rev Growth5.5%
Beta0.99
DividendNone
Rating analysts39

Quality Signals

Piotroski F8/9MoatWideCompounder

Options Flow

P/C1.19bearish
IV55%elevated
Max Pain$165+79.3% vs spot

Material Events(8-K, last 90d)

  • 2026-04-02Item 5.02MEDIUM
    COO Aparna Bawa notified intent to resign effective May 8, 2026; decision not the result of any disagreement with the Company. No successor named.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Macd
0.0
Obv
1.0
Volume
2.9
Ma Position
4.0
Rsi
7.6
Uptrend pullback (RSI 39) - buy opportunityVolume distribution (falling OBV)Above 200-day MA
GatesMomentum 3.1<4.5A.R:R 1.1 < 1.5@spotExecutive change: officer departure/appointmentInsider activity: OKNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 65d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Moderate
RSI
39 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $90.28Resistance $114.74

Price Targets

$81
$87
$104
A.Upside+12.5%
A.R:R1.1:1
Setup A.R:R (at entry)2.6:1

Position Sizing

ConvictionHigh conviction
Suggested %0.6%
Max %1.1%
RegimeSteady

Risk Alerts

! News modifier capped: WAIT cannot upgrade to NOW via sentiment alone
! momentum at 3.1 (below the engine's 4.5 threshold)
! asymmetry at 1.1 (below the engine's 1.5 threshold)@spot

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-08-20 (65d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is ZM stock a buy right now?

Wait for pullback to $87.47. At $92.00 the A.R:R is 1.1:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $87.47 (5% below current) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risk: Negative momentum. Chart setup: No clear chart pattern; technical signals are mixed. Wide-moat business. Accumulate on weakness. Target $103.50 (+12.5%), stop $81.35 (−13.1%), Setup A.R:R 2.6:1. Score 6.4/10, moderate confidence.

What is the ZM stock price target?

Take-profit target: $103.50 (+18.3% upside). Target $103.50 (+12.5%), stop $81.35 (−13.1%), Setup A.R:R 2.6:1. Stop-loss: $81.35.

What are the risks of investing in ZM?

Negative momentum.

Is ZM overvalued or undervalued?

Zoom Communications, Inc. trades at a P/E of 13.9 (forward 15.0). TrendMatrix value score: 5.8/10. Verdict: Buy (Wait for Entry).

What do analysts say about ZM?

39 analysts cover ZM with a consensus score of 3.8/5. Average price target: $115.

What does Zoom Communications, Inc. do?Zoom Communications offers a cloud collaboration platform — Zoom Workplace and Zoom Business Services — covering video...

Zoom Communications offers a cloud collaboration platform — Zoom Workplace and Zoom Business Services — covering video meetings, phone, team chat, contact center, events, and employee experience (Workvivo) to customers from SMBs to large enterprises. Revenue comes from subscriptions sold directly, through resellers, and via online channels; competition includes Microsoft 365 with Teams, Google Workspace with Meet, Cisco Webex, and RingCentral.

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