Zoom Communications, Inc. (ZM) fair value analysis
Nasdaq · Updated 2026-10-19
ZM price how computed
Forward Fair Value verdict
Fairly valuedZM is trading at within about 10% of estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $94.19
- Sector
- Technology
- 12-month range
- $72.72–$111.88
- Market cap
- $24.8B
- From 52-week high
- -15.8%
- Shares outstanding
- 263M
- Rank in Technology by discount to fair value
- #114 of 181
Last price is our stored weekly price from 2026-10-16, older than the 2026-10-19 run that built this page; the chart runs through 2026-10-16.
Zoom Communications, Inc. provides video conferencing, web conferencing, and unified communications software that enables users to connect remotely through meetings, webinars, and messaging. The company operates globally, serving customers across North America, Europe, Asia-Pacific, and other international markets.
ZM currently ranks #114 of 181 Technology stocks by discount to fair value. Its Fairly valued verdict is new as of this week's run.
Fundamentals (4 quarters) how computed
- Market cap
- $24.8B
- P/E (trailing)
- 17x
- Revenue (TTM)
- $4.99B
- Net margin
- 65.2%
- EPS (TTM)
- $5.44
- Gross margin
- 77.2%
- Debt / equity
- 0.01
- Revenue growth (3-yr avg)
- 4.1%
- Shares outstanding
- 263M
Derived indicators how computed
- Quality grade
- A
- Margin trend
- Stable
- 52-week position
- The upper-middle quarter of its range
- DCF cross-check
- Fairly Valued
Technicals how computed
- RSI (14-day)
- 50 · neutral
- 50-day average
- $97.31
- 200-day average
- $91.50
- Moving-average state
- 50-day above 200-day (golden cross state); price between the averages
Earnings how computed
- Next earnings report
- 2026-11-23
- Last 8 quarters vs consensus
- 6 beat, 2 missed
- Quarter by quarter
- 2026-07 ▼ miss (-7.9%)
2026-04 ▲ beat (+9.2%)
2026-01 ▼ miss (-3.4%)
2025-10 ▲ beat (+5.6%)
2025-07 ▲ beat (+10.9%)
2025-04 ▲ beat (+9.2%)
2025-01 ▲ beat (+7.6%)
2024-10 ▲ beat (+5.3%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 18 buy · 11 hold · 1 sell (30 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $118
- Target vs last price
- +25.3%
What our data shows for ZM
- Our model validated 17 trailing price-to-earnings windows for ZM, built from quarterly earnings records.
- Shares are trading in the middle of their 12-month price range of $72.72–$111.88.
- The 14-day relative strength index sits at a neutral 50.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for ZM
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
What people are saying
Follow the ZM conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — ZM's 50/200-day trend state shifted from uptrend to mixed this week, indicating a change in the stock's momentum characteristics. The valuation verdict improved from overvalued to fairly valued, suggesting the stock's price has moved into better alignment with its fundamental metrics. These changes reflect a moderating technical picture alongside a more reasonable valuation assessment for the technology sector company.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — ZM's 50/200-day trend state improved from mixed to uptrend this week, while its sector discount rank declined from 131 to 143, indicating a weaker valuation position relative to other Technology sector stocks. The stock's valuation verdict shifted from Fairly valued to Overvalued, reflecting a more expensive assessment of the company's worth based on TickrTrends' derived indicators.
- 2026-10-05 — ZM's sector discount rank improved this week, moving from #138 to #131 among Technology sector stocks. The stock maintains a Fairly valued assessment based on TickrTrends' derived indicators. This modest improvement in relative valuation positioning reflects ZM's standing within its competitive peer group this week.
- 2026-09-28 — ZM moved out of oversold territory this week as its Relative Strength Index shifted to neutral, suggesting reduced downward momentum in the Technology sector stock. The company's sector discount ranking improved from 148 to 139, indicating it has become relatively more attractive compared to its peer group, though TickrTrends maintains a fairly valued assessment of the stock.
- 2026-09-21 — TickrTrends' derived indicators for ZM showed one notable shift this week, with the relative strength index moving from the neutral zone into oversold territory. The stock in the Technology sector maintains a fairly valued status according to current valuation metrics. This oversold reading may suggest the stock has experienced a sharp decline in recent trading activity.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is ZM stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), ZM is trading at within about 10% of estimated fair value and screens as fairly valued. The exact fair value and discount are available to subscribers.
What is ZM's TickrTrends verdict?
ZM's current verdict is Fairly valued, refreshed with every weekly Forward Fair Value run.
How does ZM compare to other Technology stocks?
ZM ranks #114 of 181 Technology stocks in TickrTrends' coverage by discount to fair value.
Is ZM overbought or oversold?
ZM's 14-day RSI is in neutral territory - neither overbought nor oversold.
When does ZM report earnings next?
ZM's next earnings report is scheduled for 2026-11-23, per the published earnings calendar.
Does ZM usually beat earnings estimates?
Over its last 8 reported quarters ZM beat the consensus estimate 6 times and missed 2 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about ZM?
Of 30 analysts covering ZM, 18 rate it a buy, 11 a hold and 1 a sell - buy-leaning, with a consensus price target of $118 (+25.3% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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