Zoom Communications stock

ZMNASDAQ

Zoom Communications, Inc., TechnologyISIN US98980L1017

$97.70▼ $0.38 (−0.4%)Closing price of 12 Nov 2026

77Score 77 out of 100, Strong

Turn on early warning

Price and trend

76 / 100

Price history

+15% in one year

The chart shows daily closes over 8 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.

TrendAbove the 200-day line, momentum normal

Long-term trend

Above the 200-day line: the price is 5.8% above it.

Trend change

Since May 2026 the 50-day line has been above the 200-day line; the trend has turned up.

Momentum

Normal: the price is neither overheated nor sold off (RSI 53).

Distance to the high

The price is 13% below its 52-week high. Largest decline in 8 years: 90% (October 2020 to August 2024).

Chart figures for advanced users

SMA 50$94.35: Average price of the last 50 trading days, shows the short-term trend.
SMA 200$92.38: Average price of the last 200 trading days, shows the long-term trend.
RSI (14)53: Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
MACDabove the signal line: Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
Support$72.72: The lowest closing price of the last twelve months.
Resistance$111.88: The highest closing price of the last twelve months.

What would $1,000 in Zoom Communications have become?Return triangle for Zoom Communications

Market cap

$28.62B

Div. yield

no dividend

9.0

includes one-off items, adjusted 16.1

15.5

on earnings for the next twelve months ($6.31 per share)

Fair value

$99.23

Snapshot

Computed from the data by fixed rules, no AI

Zoom Communications, Inc. belongs to the Software (Application) industry (United States) and, with a market value of $28.51B, is number 23 of 189 companies in its industry on MEQIRI.
In fiscal 2026 it reported revenue of $4.87B (up 4.4% year on year) and earnings of $1.9B (up 88.1%).
For fiscal 2027, analysts expect on average revenue of $5.09B (up 4.6%) and adjusted earnings per share of $6.15 (up 3.9%).

MEQIRI Score 77 out of 100 (Strong): rank 81 of 863 in Technology, median 61.
Our model puts fair value at $99.23, with the price 1% below it.

In plain words

The numbers on this page in plain words, written by an AI

Strengths

High marginNet margin 65.2% over the last 12 months, Software (Application) median 6.9%.Profitability 96
High return on capitalReturn on invested capital 54.1% in fiscal 2026, Software (Application) median 3.9%.Profitability 96
More cash than debtCash $7.25B, financial debt $60.27M.Stability 87

Weaknesses

Volatile share priceVolatility 45% a year over the last 12 months.

77/ 100

Score

Strong

Its standout strengths are profitability and stability.

Daily figure as of 12 Nov 2026

How the score is calculated

Score overview

Fundamentals are strong, with stable profits.

Profit consistency80% of years

Cash conversion (free cash flow to earnings, 12 months)59%

ROIC (12 months)41.6%

Positive free cash flow100% of years

How this category is measured

Score history

The full history of up to 20 years comes with MEQIRI Pro.

See plans

Crash risk medium

How well MEQIRI warns

In the middle among stocks ranked 101 to 1,000.

From 2016 to 2025, 13 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.

Valuation

Valuation signal

Fairly valued

Price

$98.08

Fair value

$99.23

Gap to fair value

−1%

Closing price of 11 Nov 2026, used by the daily score.

In our model the price counts as cheap below $70.88 and expensive above $165.38 (uncertainty high, based on the price swings of the past year).

Calculated with a cost of equity of 9.5%. At 10.5% the fair value would be $84.75, at 8.5% it would be $119.82.

Valuation metrics

3.1

5.1

Fair value (model)

$99.23

From the cash-flow model alone; the profit includes one-off items, so there is no industry value.

Calculate with your own assumptions

Company performance

This shows several years of history with an automatic assessment.

Revenue

10 years

In the twelve months to 31 Jul 2026, revenue rose 5% on the twelve months before. Revenue has grown strongly since 2017, at around 63% per year.

Margins

10 years

Gross margin
Operating margin
Net margin

In fiscal 2026: gross 77%, operating 23%, net 39%. Last 12 months: net 65%.

Debt & balance sheet

latest quarter

0.01

> 100x

3.83

Cash & equivalents

$7.25B

The balance sheet is solid, with low debt and comfortable interest coverage.

Earnings

Next earnings: 23 Nov 2026in 10 days
Last reported: 25 Aug 2026EPS reported $1.55 (expected $1.48)above expectations

Analyst estimates

Earnings estimates have barely changed since 15 Oct 2026.

Fiscal 202722 analysts

Earnings per share: $6.150.0%
Revenue: $5.09B0.0%

Fiscal 202822 analysts

Earnings per share: $6.360.0%
Revenue: $5.32B+0.2%

MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.

Company outlookRaised on 25 Aug 2026

Company outlook raised

Share price after the results: −10.5%

Guidance was raised to fiscal 2027 revenue of $5.085 billion to $5.095 billion, EPS of $6.08 to $6.12 and free cash flow of $1.78 billion to $1.82 billion.

Supporting passage from the call, verbatim

“We now expect revenue to be in the range of $5.085 billion to $5.095 billion, which represents 4.5% year-over-year growth at the midpoint.”

The outlook is not part of the score and not a recommendation to buy or sell.

From the earnings call on 25 Aug 2026 (fiscal Q2 2027), read by AI.

InsidersNo buys in the last 6 months, 5 insiders sold

Insiders

Open-market purchases and sales by executives, board members and major holders

All insider purchases

No open-market purchases in the last 6 months. 5 insiders sold, $24.37M in total.

Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.

Subotovsky SantiagoSale
5 Nov 2026, Board
Shares
2,637
Price
$89.56
Value
$236,157
Yuan Eric S.Sale
4 Nov 2026, Chief Executive Officer
Shares
12,100
Price
$92.90
Value
$1.12M
Yuan Eric S.Sale
3 Nov 2026, Chief Executive Officer
Shares
12,100
Price
$91.50
Value
$1.11M

Show 28 more

Subotovsky SantiagoSale
28 Oct 2026, Board
Shares
1,442
Price
$100.14
Value
$144,401
Subotovsky SantiagoSale
22 Oct 2026, Board
Shares
20
Price
$100.43
Value
$2,009
McMaster Herbert RaymondSale
21 Oct 2026, Board
Shares
1,500
Price
$101.25
Value
$151,875
Subotovsky SantiagoSale
21 Oct 2026, Board
Shares
3,812
Price
$100.56
Value
$383,336
Chang MichelleSale
21 Oct 2026, Chief Financial Officer
Shares
10,156
Price
$101.93
Value
$1.04M
Subotovsky SantiagoSale
15 Oct 2026, Board
Shares
717
Price
$96.63
Value
$69,282
Chang MichelleSale
12 Oct 2026, Chief Financial Officer
Shares
8,489
Price
$99.46
Value
$844,341
Sankarlingam VelchamySale
12 Oct 2026, Pres. of Engineering & Product
Shares
7,645
Price
$99.26
Value
$758,875
McMaster Herbert RaymondSale
8 Oct 2026, Board
Shares
3,000
Price
$94.71
Value
$284,120
Yuan Eric S.Sale
6 Oct 2026, Chief Executive Officer
Shares
12,100
Price
$94.07
Value
$1.14M
Yuan Eric S.Sale
5 Oct 2026, Chief Executive Officer
Shares
12,100
Price
$93.74
Value
$1.13M
Subotovsky SantiagoSale
5 Oct 2026, Board
Shares
2,637
Price
$93.74
Value
$247,195
Sankarlingam VelchamySale
10 Sept 2026, Pres. of Engineering & Product
Shares
2,590
Price
$95.81
Value
$248,141
Subotovsky SantiagoSale
8 Sept 2026, Board
Shares
2,637
Price
$96.63
Value
$254,805
Yuan Eric S.Sale
2 Sept 2026, Chief Executive Officer
Shares
12,100
Price
$95.82
Value
$1.16M
Yuan Eric S.Sale
1 Sept 2026, Chief Executive Officer
Shares
12,100
Price
$95.34
Value
$1.15M
Yuan Eric S.Sale
6 Aug 2026, Chief Executive Officer
Shares
12,100
Price
$100.20
Value
$1.21M
Yuan Eric S.Sale
5 Aug 2026, Chief Executive Officer
Shares
12,100
Price
$100.17
Value
$1.21M
Subotovsky SantiagoSale
4 Aug 2026, Board
Shares
7,911
Price
$101.33
Value
$801,650
Sankarlingam VelchamySale
15 Jul 2026, Pres. of Engineering & Product
Shares
7,644
Price
$91.98
Value
$703,089
McMaster Herbert RaymondSale
14 Jul 2026, Board
Shares
5
Price
$88.83
Value
$444
Yuan Eric S.Sale
14 Jul 2026, Chief Executive Officer
Shares
12,100
Price
$90.65
Value
$1.1M
Yuan Eric S.Sale
13 Jul 2026, Chief Executive Officer
Shares
45,724
Price
$91.68
Value
$4.19M
Chang MichelleSale
10 Jul 2026, Chief Financial Officer
Shares
8,489
Price
$90.80
Value
$770,820
Subotovsky SantiagoSale
1 Jul 2026, Board
Shares
2,637
Price
$90.15
Value
$237,724
Chang MichelleSale
15 Jun 2026, Chief Financial Officer
Shares
327
Price
$93.83
Value
$30,682
Yuan Eric S.Sale
3 Jun 2026, Chief Executive Officer
Shares
12,100
Price
$106.50
Value
$1.29M
Yuan Eric S.Sale
2 Jun 2026, Chief Executive Officer
Shares
12,100
Price
$111.61
Value
$1.35M

Trade date	Person	Type	Shares	Price	Value	Holding
5 Nov 2026	Subotovsky SantiagoBoard	Sale	2,637	$89.56	$236,157	113,875
4 Nov 2026	Yuan Eric S.Chief Executive Officer	Sale	12,100	$92.90	$1.12M	45,997
3 Nov 2026	Yuan Eric S.Chief Executive Officer	Sale	12,100	$91.50	$1.11M	45,997
28 Oct 2026	Subotovsky SantiagoBoard	Sale	1,442	$100.14	$144,401	116,512
22 Oct 2026	Subotovsky SantiagoBoard	Sale	20	$100.43	$2,009	117,954
21 Oct 2026	McMaster Herbert RaymondBoard	Sale	1,500	$101.25	$151,875	6,979
21 Oct 2026	Subotovsky SantiagoBoard	Sale	3,812	$100.56	$383,336	117,974
21 Oct 2026	Chang MichelleChief Financial Officer	Sale	10,156	$101.93	$1.04M	30,282
15 Oct 2026	Subotovsky SantiagoBoard	Sale	717	$96.63	$69,282	0
12 Oct 2026	Chang MichelleChief Financial Officer	Sale	8,489	$99.46	$844,341	40,438
12 Oct 2026	Sankarlingam VelchamyPres. of Engineering & Product	Sale	7,645	$99.26	$758,875	151,813
8 Oct 2026	McMaster Herbert RaymondBoard	Sale	3,000	$94.71	$284,120	8,479
6 Oct 2026	Yuan Eric S.Chief Executive Officer	Sale	12,100	$94.07	$1.14M	22,998
5 Oct 2026	Yuan Eric S.Chief Executive Officer	Sale	12,100	$93.74	$1.13M	22,998
5 Oct 2026	Subotovsky SantiagoBoard	Sale	2,637	$93.74	$247,195	121,786
10 Sept 2026	Sankarlingam VelchamyPres. of Engineering & Product	Sale	2,590	$95.81	$248,141	149,265
8 Sept 2026	Subotovsky SantiagoBoard	Sale	2,637	$96.63	$254,805	124,423
2 Sept 2026	Yuan Eric S.Chief Executive Officer	Sale	12,100	$95.82	$1.16M	22,998
1 Sept 2026	Yuan Eric S.Chief Executive Officer	Sale	12,100	$95.34	$1.15M	22,998
6 Aug 2026	Yuan Eric S.Chief Executive Officer	Sale	12,100	$100.20	$1.21M	22,998
5 Aug 2026	Yuan Eric S.Chief Executive Officer	Sale	12,100	$100.17	$1.21M	22,998
4 Aug 2026	Subotovsky SantiagoBoard	Sale	7,911	$101.33	$801,650	127,060
15 Jul 2026	Sankarlingam VelchamyPres. of Engineering & Product	Sale	7,644	$91.98	$703,089	148,403
14 Jul 2026	McMaster Herbert RaymondBoard	Sale	5	$88.83	$444	11,479
14 Jul 2026	Yuan Eric S.Chief Executive Officer	Sale	12,100	$90.65	$1.1M	22,998
13 Jul 2026	Yuan Eric S.Chief Executive Officer	Sale	45,724	$91.68	$4.19M	22,998
10 Jul 2026	Chang MichelleChief Financial Officer	Sale	8,489	$90.80	$770,820	35,452
1 Jul 2026	Subotovsky SantiagoBoard	Sale	2,637	$90.15	$237,724	138,554
15 Jun 2026	Chang MichelleChief Financial Officer	Sale	327	$93.83	$30,682	30,467
3 Jun 2026	Yuan Eric S.Chief Executive Officer	Sale	12,100	$106.50	$1.29M	0
2 Jun 2026	Yuan Eric S.Chief Executive Officer	Sale	12,100	$111.61	$1.35M	0

Show 23 more

Partial trades from one filing are shown in one row, with the average price.

Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.

What happened at Zoom Communications2 events in recent months

What happened at Zoom Communications

The key events of the last six months from our own data. A click takes you to the matching card.

Sector comparisonRank 81 of 863 in Technology

Sector comparison

863 rated companies in Technology

Rank 81 of 863

81/ 863

This company: 77
Sector median: 61

Categories against the sector median

ProfitabilityMedian of 863 companies96 (median 59)37 above the median

GrowthMedian of 863 companies80 (median 68)12 above the median

FundamentalsMedian of 863 companies77 (median 67)10 above the median

ValuationMedian of 792 companies with a value68 (median 52)16 above the median

StabilityMedian of 863 companies87 (median 67)20 above the median

Capital allocationMedian of 863 companies58 (median 53)5 above the median

Technical analysisMedian of 863 companies76 (median 59)17 above the median

MomentumMedian of 863 companies60 (median 55)5 above the median

The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.

Competitors in Software (Application)

The next larger and next smaller companies by market value

All 189 Software (Application) stocks

ETFs that hold Zoom CommunicationsHeld by 87 ETFs on Xetra

ETFs that hold Zoom Communications

Held by 87 ETFs on Xetra. Shown per index: the ETF with the largest weight.

ETF	Weight	Cost	Fund size
Invesco NASDAQ Next Generation 100 UCITS ETF AccEQQJ	1.22%	0.25%	€44.3M
State Street SPDR MSCI USA Value UCITS ETF USD AccZPRU	0.71%	0.20%	€294.97M
iShares Edge MSCI USA Value Factor UCITS ETFQDVI	0.40%	0.20%	€2.9B

Show 5 more

iShares MSCI USA Mid-Cap Equal Weight UCITS ETFQDVC	0.30%	0.20%	€268.74M
Deka MSCI USA MC UCITS ETFEL41	0.28%	0.30%	€51.58M
Xtrackers Artificial Intelligence & Big Data UCITS ETF 1CXAIX	0.27%	0.35%	€7.53B
iShares MSCI World Value Factor Advanced UCITS ETFCBUI	0.24%	0.25%	€1.53B
Xtrackers MSCI World Value UCITS ETF 1CXDEV	0.22%	0.25%	€3.74B

Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).

Data status and sourcesWhen it was calculated, from which sources

Data status and sources

Score: Daily value of 12 Nov 2026, recalculated nightly
Price: Closing price of 12 Nov 2026
Latest annual report: Fiscal year 2026, period end 31 Jan 2026
Source: Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Original filings at the SEC Report a data error

Mandatory disclosures for this rating

Computed on 12 Nov 2026, 02:59 Berlin time; time horizon around 12 months
Rated Strong, published since 7 Nov 2026 (in the score history since 31 Mar 2024)
Valuation signal Fairly valued since 7 Nov 2026
End-of-day prices, metrics cached for up to 24 hours
Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

Full disclosures, methodology and data sources All ratings of the last 12 months How the score is calculated

Zoom Communications stock

Price and trend

Price history

Snapshot

In plain words

Strengths

Weaknesses

Score overview

Score history

Crash risk medium

Valuation

Valuation signal

Valuation metrics

Company performance

Revenue

Revenue

Earnings (net income)

Operating income

Earnings per share

Free cash flow

Operating cash flow

Shares outstanding

Shareholders' equity

Margins

Returns on capital

Cash and debt

Debt & balance sheet

Earnings

Analyst estimates

Company outlook raised

Insiders

What happened at Zoom Communications

Sector comparison

Categories against the sector median

Competitors in Software (Application)

ETFs that hold Zoom Communications

Data status and sources

Mandatory disclosures for this rating