Stocks · Technology · Software - Application
Zoom Communications, Inc. ZM
$92.88 -0.98% Close, Oct 2, 2026 · NASDAQ · Market cap $27.24B
Inexpensive vs sectorLow risk
Next earnings report: Nov 23, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $10.78, up 184.1% year over year.
- At 8.6× trailing earnings, the shares trade at the lowest P/E of the company's past five years.
- Revenue over the last four quarters was $4.99B, up 5.0% from a year earlier.
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 28%
- EPS growth (TTM, YoY)Top 9%
- FCF growth (TTM, YoY)Bottom 34%
- Revenue growth, 3-year CAGRBottom 42%
- Revenue growth accelerationBottom 44%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 34%
- Gross marginTop 16%
- Operating marginTop 12%
- Cash conversion (OCF / net income)Bottom 10%
- Accruals (lower is better)Bottom 4%
- Net debt / EBITDA (lower is better)Top 40%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 3%
- Free-cash-flow yieldTop 22%
- EBITDA / enterprise valueTop 3%
- Sales / enterprise valueBottom 41%
- P/E vs own 5-year history (lower is better)Top 5%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 40%
- 6-month returnBottom 40%
- 1-year return vs S&P 500Top 43%
- Distance from 52-week highTop 32%
- Trend checklist (0–4)Top 44%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 33%
- Consecutive EPS beatsBottom 44%
- Share of analysts rating BuyBottom 16%
- Upside to consensus price targetTop 49%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 20%
- Maximum drawdown, 3 yearsTop 1%
- Beta vs S&P 500 (lower is better)Top 21%
- Net debt / EBITDA (lower is better)Top 40%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 5.0% | 5.0% | ↑ |
| EPS growth (YoY) | 104.0% | 184.1% | ↑ |
| Gross margin | 76.4% | 77.3% | ↑ |
| Operating margin | 20.4% | 23.7% | ↑ |
| FCF margin | 38.8% | 38.6% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 5.0% | 5.0% | ↑ | Bottom 28% |
| EPS growth (TTM, YoY) | 184.1% | 104.0% | ↑ | Top 9% |
| Gross margin | 77.3% | 76.4% | ↑ | Top 16% |
| Operating margin | 23.7% | 20.4% | ↑ | Top 12% |
| Net margin | 65.2% | 25.0% | ↑ | — |
| Free-cash-flow margin | 38.6% | 38.8% | ↓ | — |
| Return on invested capital | 8.0% | — | Top 34% | |
| Revenue growth, 3-year CAGR | 3.5% | — | Bottom 42% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 0.61×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- 9.2%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 14.6%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -1.9 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- -0.20×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 5.00%
- Shareholder yield
- 5.00%
- Share count change, 1 year
- -2.7%
- Share count change, 3-year CAGR
- -0.6%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jul 31, 2026 (filed Aug 26, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 2
- Beats in the last 8 reports
- 7 of 8
- Average EPS surprise, last 4
- +4.0%
- Average 2-day reaction, last 8
- -0.8%
- Positive 20 days after report
- 2 of 8
Analysts
- Consensus price target
- $118.08
- Target vs current price
- +27.1%
- Analysts with a rating
- 49
- Share rating Buy or Strong Buy
- 39%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 25, 2026 | +4.7% | -3.7% | -7.8% | -13.2% | — |
| May 21, 2026 | +9.2% | -2.7% | +1.0% | -13.1% | +6.2% |
| Feb 25, 2026 | -3.4% | -2.4% | -16.0% | -13.2% | +13.6% |
| Nov 24, 2025 | +5.6% | -0.0% | +8.0% | +14.4% | +14.8% |
| Aug 21, 2025 | +10.9% | +1.4% | +12.2% | +20.3% | +16.5% |
| May 21, 2025 | +9.2% | -1.0% | -4.1% | -6.8% | -12.0% |
| Feb 24, 2025 | +8.5% | -1.7% | -10.7% | -7.9% | +1.0% |
| Nov 25, 2024 | +5.3% | +3.7% | -3.2% | -0.7% | -5.6% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 25, 2026 | $1.55 | $1.48 | +4.7% | $1.28B |
| May 21, 2026 | $1.55 | $1.42 | +9.2% | $1.24B |
| Feb 25, 2026 | $1.44 | $1.49 | -3.4% | $1.25B |
| Nov 24, 2025 | $1.52 | $1.44 | +5.6% | $1.23B |
| Aug 21, 2025 | $1.53 | $1.38 | +10.9% | $1.22B |
| May 21, 2025 | $1.43 | $1.31 | +9.2% | $1.17B |
| Feb 24, 2025 | $1.41 | $1.30 | +8.5% | $1.18B |
| Nov 25, 2024 | $1.38 | $1.31 | +5.3% | $1.18B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 8.6× | 25.1× | 0th | Top 3% |
| P/E (forward) | 15.1× | — | — | — |
| EV / EBITDA | 6.0× | — | — | Top 3% |
| EV / Sales | 5.28× | — | — | Bottom 41% |
| Free-cash-flow yield | 7.07% | — | — | Top 22% |
| Earnings yield | 11.61% | — | — | Top 3% |
P/E over the past five years
Range 8.7× – 221.3× since Jul 31, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +14.3%
- Earnings per share growth (TTM)
- +184.1%
- Change in P/E multiple
- -60.0%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 2
- 50-day average slope (20 days)
- +1.8%
- 200-day average slope (20 days)
- +0.9%
- Distance from 50-day average
- -4.5%
- Distance from 200-day average
- +1.9%
- RSI (14)
- 48.6
- Relative volume
- 0.67×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 41.4%
- Volatility vs own 5-year history
- 55th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.99
- Correlation with S&P 500
- 0.40
- Current drawdown from 1-year high
- -17.0%
- Maximum drawdown, 3 years
- -25.9%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Oct 19, 2020 | Aug 12, 2024 | -90.3% | 958 days | Not yet recovered |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $27.24B
- P/E (TTM)
- 8.6
- EPS, diluted (TTM)
- $10.78
- Revenue (TTM)
- $4.99B
- 52-week range
- $70.70 – $114.74
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Revenue | $4.10B | $4.39B | $4.53B | $4.67B | $4.87B |
| Gross profit | $3.05B | $3.29B | $3.45B | $3.54B | $3.75B |
| Operating income | $1.06B | $245.4M | $525.3M | $813.3M | $1.12B |
| Net income | $1.38B | $103.7M | $637.5M | $1.01B | $1.90B |
| EPS (diluted) | $4.50 | $0.34 | $2.07 | $3.21 | $6.18 |
| Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | Q1 2027 | Q2 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.18B | $1.18B | $1.17B | $1.22B | $1.23B | $1.25B | $1.24B | $1.28B |
| Net income | $207.1M | $367.9M | $254.6M | $358.6M | $612.9M | $674.1M | $425.7M | $1.54B |
| EPS (diluted) | $0.66 | $1.16 | $0.81 | $1.16 | $2.00 | $2.22 | $1.42 | $5.14 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Operating cash flow | $1.61B | $1.29B | $1.60B | $1.95B | $1.99B |
| Capital expenditure | -$145.6M | -$115.1M | -$127.0M | -$136.6M | -$65.0M |
| Free cash flow | $1.46B | $1.18B | $1.47B | $1.81B | $1.92B |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | $73.7M | -$937.7M | $64.3M | -$1.04B | -$1.56B |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $7.25B
- Total assets
- $13.59B
- Total liabilities
- $2.28B
- Total debt
- $60.3M
- Net debt
- -$871.7M
- Shareholders’ equity
- $11.30B
As of Jul 31, 2026 (filed Aug 26, 2026).
Short interest
- Shares sold short
- 7,058,003
- Days to cover
- 2.59
- Change vs previous report
- -1.0%
FINRA short interest, settlement date Sep 15, 2026.