- Zoom Communications launches an innovative tool, Zoom Workplace for Frontline, targeting enhanced productivity for essential workers.
- Analysts predict a potential upside of 24.84% for Zoom stock based on current forecasts.
- GuruFocus values suggest a modest 3.89% upside from the current stock price.
Zoom Communications, Inc. (ZM, Financial) has made a strategic move by introducing Zoom Workplace for Frontline. This new solution is crafted to boost the efficiency and connectivity of frontline employees across crucial sectors, such as retail, healthcare, and emergency services. By integrating advanced AI capabilities, Zoom aims to elevate both productivity and task management for these essential workers.
Analyst Price Predictions
Zoom's market prospects look promising, with analysis from 26 Wall Street experts suggesting an average price target of $89.25. This represents a high projection of $115.00 and a low of $65.00. With the current stock price at $71.49, these figures imply a potential upside of 24.84%. More comprehensive insights on these projections are available on the Zoom Communications Inc (ZM, Financial) Forecast page.
Brokerage Recommendations
The consensus among 34 brokerage firms places Zoom Communications at an average recommendation score of 2.6, which is indicative of a "Hold" status. It is important to note that this rating scale spans from 1, representing a Strong Buy, to 5, which denotes a Sell.
GuruFocus GF Value Estimate
The GF Value estimation offered by GuruFocus provides another layer of insight. The projected GF Value for Zoom in one year stands at $74.27, which suggests a modest potential upside of 3.89% from the current stock price of $71.49. This valuation reflects the stock's historical trading multiples and integrates future business performance forecasts. For a deeper dive into this financial assessment, visit the Zoom Communications Inc (ZM, Financial) Summary page.
