Zoom Communications (ZM) Price Target Reduced by Morgan Stanley

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3 days ago
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Quick Highlights:

  • Morgan Stanley revises Zoom Communications (ZM, Financial) price target to $79.
  • Analysts provide an average price target of $89.25, implying a significant upside.
  • Current GF Value estimate for ZM shows modest potential gains.

Morgan Stanley analyst Meta Marshall has adjusted the price target for Zoom Communications (ZM), bringing it down to $79 from the previous $96, while maintaining an Equal Weight rating. This decision comes amid a comprehensive re-evaluation of risk and reward across the software industry, influenced by ongoing tariff uncertainties.

Wall Street Analysts' Perspectives

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Zoom Communications Inc (ZM, Financial) is under the lens of 26 analysts who have set a one-year average price target of $89.25. Their high estimate reaches $115.00, while the low is pegged at $65.00. This average target suggests a potential upside of 24.84% from Zoom's current market price of $71.49. For more comprehensive estimate details, visit the Zoom Communications Inc (ZM) Forecast page.

According to the consensus from 34 brokerage firms, Zoom Communications Inc (ZM, Financial) holds an average brokerage recommendation of 2.6, which translates to a "Hold" status. The recommendation scale is organized from 1 to 5, where 1 indicates a Strong Buy and 5 signifies a Sell.

GF Value Estimation

As per GuruFocus's analysis, the estimated GF Value for Zoom Communications Inc (ZM, Financial) in the next year stands at $74.27. This implies a potential upside of 3.89% from its present price of $71.49. The GF Value represents GuruFocus's assessment of the stock's fair trading value, derived from historical trading multiples, past growth, and anticipated future performance. For a deeper dive into this estimation, check out the Zoom Communications Inc (ZM) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.