Zoom (ZM) Stock Forecast & Long-Term Predictions

  • Zoom Video Communications, Inc. provides remote conferencing solutions. The platform is based on cloud technology. 

  • The stock is traded on the Nasdaq exchange. Its market capitalization is below $19 billion. According to this parameter, the issuer ranked 1,008th in the world in mid-June 2024. 

  • ZM does not pay dividends. Therefore, the asset is not suitable for generating passive earnings.

 

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Zoom Stock Price for Today (07/13/2024)

On 07/13/2024, the asset is expected to rise in value, it is recommended to buy. The market is influenced by bullish factors. Investors believe in the ability of technology companies to protect capital from inflation.

Minimum forecast cost

57.64 USD

Maximum Forecast Value

63.7 USD

% value change

+1.07%

Key Findings

  • Price Today — $56.6 USD. 

  • Price at Q1 of 2024 — $65.37.

  • Price for next year 2025 — $103.

  • Long-term price 2025-2030 — $103-$136.

Capitalization growth is likely in the coming months. The average target for Zoom is 20% above the current one. The overall consensus among Wall Street analysts is to hold. However, technical analysis tools are giving a signal to sell.

 

Zoom (ZM) Technical Analysis

The ZM rating is Strong Sell on all timeframes. The stock is moving in a descending channel. All signs point to its preservation:

  • Moving averages above the current value;

  • Sell signals are given by indicators such as MACD and Williams;

  • There is a bullish Three Black Crows pattern with high reliability on the 5H timeframe. 

The only sign of a possible correction is that the chart is touching the lower border of the Bollinger Bands.

At the same time, the cost is near the multi-year support line. And the RSI indicator is approaching the oversold zone. These factors could change the direction of the trend. In the event of a reversal, the resistance lines could be the $60.24 and $62.27 levels. A breach of these levels is a signal to buy.

Neutral

What will Zoom stock be worth in 5 years?

The 12-month price decline is in excess of 12%. Nevertheless, most ZM asset projects for the next 5 years are bullish. On a 5-year horizon, the average price target represents the $150 level. The most optimistic scenario is an increase in capitalization of more than 5 times. 

 

Proponents of this position point out that Zoom's strength is its good financial performance. First and foremost, annual earnings growth and a stable cash flow. The latter allows the corporation to invest in new developments and to acquire promising start-ups.

In addition, the services provided by Zoom have an advantage over the competition:

  • Easy to understand interface;

  • Paid and free features that make it easy to use applications;

  • Top perform platform.

The bears pay attention to the weaknesses of ZM. First of all, the insufficient level of information protection. The most pessimistic forecast is the loss of more than half of the capitalization by 2028.

The experts at the Motley Fool believe that the likelihood of such a decline is very low. At the same time, however, they cite weak diversification and limited development opportunities.

 

What is the ZM stock price prediction for 2024?

The positive expectations for ZM quotes are based on the expansion of the corporate segment. In 2023, earnings growth in this segment will be 8%. In 2024, if Zoom has success in its plans, this parameter will reach double digits. We can also hope for the stabilization of the online segment, which will decline in 2023.

However, the forecasts are mostly moderate. And some analysts are even lowering their price targets. The reason is the slow development of the business.

Leading agency forecasts:

  • $60.00 — Wells Fargo & Company;

  • $65.00 — Stifel Nicolaus;

  • $77.00 — Citigroup;

  • $95.00 — Royal Bank of Canada.

Month

Minimum expected price, $

Maximum expected price, $

Total change, %

July

55.57

69.76

0.4

August

55.33

64.95

-2.0

September

52.66

61.82

-6.7

October

48.07

57.24

-14.8

November

52.25

61.70

-6.9

December

53.85

63.21

-4.6

 

What is the Zoom stock price prediction for 2025?

In the last few years, the cost of Zoom has been in a sideways trend. Analysts expect that in 2025 the prices will leave the narrow corridor. However, forecasts about the direction of movement differ. 

The bears' projection is a decline in value. Their argument is a weak business model. The bulls expect an expansion of services. They believe that ZM is poised to create video-based social networks. Another interesting direction is the addition of live translation scenarios.

Analyst price target for Zoom Video Communications 2025:

  • $49.064 — WalletInvestor;

  • $81.90 — CoinPriceForecast;

  • $95.64 — Coincodex.

Month

Minimum expected price, $

Maximum expected price, $

Total change, %

January

55.09

64.67

-2.4

February

59.88

74.37

12.3

March

65.60

77.00

16.2

April

66.00

77.48

17.0

May

66.27

77.79

17.4

June

71.18

83.56

26.1

July

71.73

84.21

27.1

August

74.78

87.78

32.5

September

76.73

90.07

36.0

October

76.94

90.32

36.3

November

79.79

93.67

41.4

December

86.73

103.73

56.6

 

ZM Price Prediction 2026

Zoom's 2026 earnings could be nearly a third higher than 2023, according to Stock Analysis. EPS is expected to be in the range of $4.58-$6.25. In 2023, it was $2.07.

Such expectations make the stock's outlook favorable. The negative scenario is only maintained by one platform known for its bearish sentiment.

Price target at the end of 2026:

  • $42.427 — WalletInvestor;

  • $93.58 — CoinPriceForecast;

  • $145.42 — Coincodex.

Month

Minimum expected price, $

Maximum expected price, $

Total change, %

January

85.92

100.86

52.2

February

82.55

96.91

46.3

March

88.33

103.69

56.5

April

93.20

109.40

65.1

May

94.92

111.42

68.2

June

99.22

116.48

75.8

July

107.85

131.25

98.1

August

95.04

121.53

68.4

September

94.62

111.08

67.7

October

90.06

105.72

59.6

November

82.21

97.89

45.7

December

89.36

105.53

59.3

 

Zoom (ZM) stock forecast 2027

In 2027, the Stock Analysis Platform expects financial performance to deteriorate compared to 2026. Nevertheless, some services predict stable growth.

The main argument for the bulls is that the corporation's prospects are undervalued. ZM is investing heavily in AI development. And the decision to focus on enterprise customers will help increase their loyalty.

Price to achieve in 2027:

  • $35.479 — WalletInvestor;

  • $95.89 — CoinPriceForecast;

  • $221.12 — Coincodex.

Month

Minimum expected price, $

Maximum expected price, $

Total change, %

January

81.07

97.71

43.7

February

82.94

97.36

47.0

March

90.15

111.96

69.0

April

81.86

103.67

45.1

May

79.83

93.71

41.5

June

78.52

92.18

39.1

July

84.34

99.00

49.4

August

81.71

95.93

44.8

September

85.18

100.00

50.9

October

87.41

102.61

54.9

November

86.43

101.47

53.2

December

89.64

105.24

58.9

 

What is the stock price forecast for Zoom in 2028?

According to the bulls, Zoom's strength is its aggressive cost-cutting strategy. This compensates for the slow revenue growth. The stock's buyback program could also provide a boost. In addition, analysts expect important product innovations.

At the same time, there are also negative revenue forecasts. Bears point to the fierce competition in the industry. They believe that Zoom will lose demand.

Targeted to end 2028:

  • $28.110 — WalletInvestor;

  • $108.95 — CoinPriceForecast;

  • $336.21 — Coincodex.

See the table below for the detailed forecast for each month.

Month

Minimum expected price, $

Maximum expected price, $

Total change, %

January

97.44

116.55

75.9

February

96.54

113.34

71.1

March

92.76

108.90

64.4

April

99.26

116.52

75.9

May

104.72

122.94

85.6

June

106.66

125.20

89.0

July

111.49

130.89

97.6

 

Long-Term Zoom (ZM) Forecast 2030 to 2050

There are bullish and bearish long-term forecasts. The maximum variant assumes a 3.8-fold increase in assets. This result can be compared to the average historical return of the S&P 500 Index. ZM shares are not considered an attractive investment due to the lack of dividends. 

The Bears believe that Zoom will cost less in 2050 than it does today. They believe that online conferencing technology will become obsolete. The meta-universe will make it unnecessary. It will be possible to see the interlocutor in 3D. The lowest projection for 2050. - $41.19.

 

What is the 10 year return on Zoom stock?

In the maximum scenario, an investment in Zoom will return about 16% per year. But there are also pessimistic forecasts. According to them, the capitalization of ZM in 10 years will be lower than today. The pessimism is based on the competition with Microsoft, Salesforce and Adobe and the low diversification of the business.

The potential value of ZM shares in 10 years:

  • $37 — Stockscan;

  • $133 — Stockraven;

  • $163 — CoinPriceForecast.

 

What will Zoom (ZM) stock be worth in 2030?

Most forecasts for Zoom in 2030 are in the $100-$140 range. Companies promising steady but slow development. The basis for such expectations is management's cost-cutting policy and focus on corporate customers.

Target prices for 2030:

  • $103 — Stockraven;

  • $132 — Stockscan;

  • $136 — CoinPriceForecast;

  • $777 — Coincodex.

The highest cost level is indicated by Coincodex. It is considered to be estimated too high by BeatMarket experts. They base it on extrapolation from previous years. But Zoom clicked in 2020 due to the pandemic. There is no reason for such rapid growth of the issuer without such shocks. 

 

Zoom stock forecast 2040

Zoom has 2 event scenarios for long term forecasting platforms:

  • $18.88 — Stockscan;

  • $174.2 — Stockraven.

BeatMarket analysts believe that ZM will be able to maintain its position in the market. Implementing AI will make its services competitive and sought after. However, from a risk/reward perspective, this investment does not look optimal even in a bullish forecast. 

 

Zoom Stock Outlook 2050

All scenarios for 2050 are also unfavorable for Zoom. Even the bullish $240 target implies moderate returns. Unlike some of its peers, ZM doesn't promise explosive growth. There are stocks with higher potential for an investor interested in cloud technology.

Zoom's 2050 target:

  • $41.19 — Stockscan

  • $240.9 — Stockraven

 

About Zoom Company

zoom logo

Zoom Video Communications was founded in 2011. They went public in 2019. Its key product is video conferencing and content sharing software. It provides users with interaction using any device. 

The main source of earnings is the monthly subscription fee. Several subscription plans are available. Each offers certain advantages over free use of the services.

Zoom operates in the B2B and B2C Industries. The company was one of the beneficiaries of the Covid-19 pandemic. However, after the restrictions were lifted, the capitalization returned to its previous level.

Top weaknesses:

  • Profits from only one business;

  • Requirement to install an application (competitors support browser connection);

  • Data security issues.

Major competitors include Google Meet, Cisco Webex, and Skype. 

 

Zoom Price History Chart

2020 

As demand for online services exploded, Zoom's capitalization soared. The stock hit an all-time high. It peaked at over $530.

2021 

As the restrictions were lifted, the popularity of the online platforms and ZM's profits fell. The bearish trend continued in the second half of the year. 

2022

The cost reached pre-pandemic levels. Since then, it has remained in a wide corridor.

What Influences Zoom Stock Price

Market Size

Investor interest is directly related to the potential market. If the demand for the proposed product decreases, the capitalization will also decrease.

Competition

Loss of competition will have a negative impact on capitalization. Value reductions are possible when new services are introduced. And also when other market players offer more attractive terms.

External factors

Capitalization is affected by macroeconomic factors. For example, Federal Reserve interest rates, industry development rates. The market is influenced by the geopolitical situation, the stage of the economic cycle, etc.

Is Zoom a good long-term buy?

Short-term

(1-6 month)
On a 3-month horizon, the asset is expected to decline in value. Analysts consider the fundamentals of ZM to be weak. The technical analysis indicates a high probability of a downward trend.

Medium-term

(6-12 month)
Analysts recommendation trend is buying Zoom for 6-12 months. The average predicted gain is 20%.

Long-term

(1 year+)
Analysts recommendation trend is buying Zoom for 6-12 months. The average predicted gain is 20%.

FAQ

Is Zoom a buy, sell or hold?

According to investing.com, Zoom has a consensus analyst price rating of Hold. As of mid-June, 21 analysts have a "hold" rating on the stock. Another 11 analysts have a Strong buy stocks recommendation and 2 have a sell recommendation.

What will Zoom stock price be in 2025?

Targets for 2025 in various sources range from $49 to $103.

What is the future outlook for Zoom stock?

Zoom's expected 10- to 25-year average investment return is in line with the S&P 500 Index. This is the most optimistic analyst forecast.

Is ZM undervalued?

Using the P. Lynch formula, Zoom looks like an undervalued company. According to valueinvesting.io, the fair value of the stock is $67.77. The current price is below this value. The discounted cash flow method gives a valuation of $59.30.

Is ZM a good investment?

Zoom's period of explosive growth is over. The company continues to expand in the post-pandemic market. But its performance is growing slowly. Wall Street analysts recommend that investors look to other technology companies for growth.

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