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NASDAQ · Software - Application · USD

Zoom Communications, Inc. (ZM) Stock Analysis

Zoom Communications, Inc. (ZM) is a Software - Application stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

ZM

$99.44

+$1.98 (+2.03%)

Oct 21, 2026 · Market close

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Price History

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ZM Key Statistics

As of Oct 21, 2026
Trading
Open
$102.11
Previous Close
$97.46
Day's Range
98.56–102.11
52-Week Range
70.70–114.74
Volume
2.93M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
1.03
Valuation
Market Cap
$29.01B
P/E Ratio
9.22
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
15.68
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
2.58
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
5.81
EPS (ttm)Profit attributable to each share over the last twelve months.
10.78
Financials (FY)
Revenue (FY)
$4.87B+4.36%
Net Income (FY)
$1.90B+88.09%
Profit marginThe share of revenue left as profit after all costs and taxes.
65.19%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
263.23M
1-Year Return
+18.93%
Dividend and dates
Earnings Date
November 24, 2026
Avg Volume
3.07M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, ZM closed at $99.44, +18.93% over 1 year.

Zoom Communications, Inc. (ZM) has a market capitalization of $29.01B.

In fiscal 2025, ZM reported revenue of $4.87B.

ZM Stock Return by Calendar Year

Zoom Communications, Inc. (ZM) return since Apr 2019: what $10,000 became

1 year
$10,000 $11,893
+18.93%
5 years
$10,000 $3,619
−63.81%
Since Apr 2019
$10,000 $16,039
+60.39%

If you had invested $10,000 in Zoom Communications, Inc. (ZM) at the close on April 18, 2019, the earliest close on record here, it would have been worth $16,039 at the close on October 21, 2026: +60.39% in total, +6.49% a year, over a partial period shorter than 10 years. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+15.24%
2025+5.73%
2024+13.49%
2023+6.16%
2022−63.17%
2021−45.48%
2020+395.77%
2019 (partial year)+9.74%

As of October 21, 2026.

ZM Revenue and Earnings by Fiscal Year

FY ends January
Fiscal yearRevenueNet incomeNet margin
2025$4.87B$1.90B39.0%
2024$4.67B$1.01B21.7%
2023$4.53B$637.46M14.1%
2022$4.39B$103.71M2.4%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$4.87B$3.75B$1.12B$1.90B39.0%
2024$4.67B$3.54B$813.30M$1.01B21.7%
2023$4.53B$3.45B$525.28M$637.46M14.1%
2022$4.39B$3.29B$245.43M$103.71M2.4%

Annual figures as reported, in the company's reporting currency. As of January 31, 2026.

ZM Valuation vs Software - Application Median

Median of 240 stocks
MetricZMSoftware - Application medianvs median
P/E9.2229.790.3x the median
P/S ratio5.812.83106% above
Profit margin65.19%0.82%64.4 pts above

Medians across 240 Software - Application stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Zoom Communications, Inc. (ZM) carries a market capitalisation of $29.01B. It is classified in the Software - Application industry, within the Technology sector. The company reports 7,438 employees.

The 52-week range on file runs from $70.70 to $114.74. The most recent close on file for ZM is $99.44, dated October 21, 2026. That is +$1.98 (+2.03%) against the previous close. The latest close sits 40.65% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $4.87B. That is +4.36% against the prior fiscal year, when revenue was $4.67B. The same year closed with net income of $1.90B. That is +88.09% against the prior fiscal year. The reported profit margin is 65.19%. That is 64.4 percentage points above the Software - Application median of 0.82%. Earnings per share on a trailing basis come to 10.78.

Across the 4 fiscal years on file, revenue moves from $4.39B in 2022 to $4.87B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

ZM trades at a trailing price-to-earnings ratio of 9.22. That is 0.3 times the Software - Application median of 29.79. The forward P/E on file is 15.68. The PEG ratio, which sets the P/E against expected earnings growth, reads 2.58. The price-to-sales ratio is 5.81. On price-to-sales that is 105.62% above the Software - Application median of 2.83. The medians here are taken across 240 Software - Application companies that report the metric.

Beta against the wider market is reported at 1.03. Annualized volatility over the trailing 7 years is 53.1%. Over the trailing twelve months the total return is +18.93%. Measured over 5 years, that is −18.40% a year compounded.

Growth & Income

No dividend is on file for ZM.

2026 is still running; the total return is +15.24% year to date. The strongest complete calendar year on file is 2020 at +395.77%; the weakest is 2022 at −63.17%. Of the 6 complete calendar years on file, 4 finished higher.

Peer Comparison

Zoom Communications, Inc. (ZM) operates in the Software - Application industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Zoom Communications, Inc. ZM $29.01B 9.2
SAP SE SAP $268.62B 29.9
Shopify Inc. SHOP $226.17B 117.8
Salesforce, Inc. CRM $198.98B 22.1

The Software - Application industry average P/E ratio is 29.8x. Zoom Communications, Inc. trades at a P/E of 9.2.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Zoom Communications, Inc.

Zoom Communications, Inc. provides an Artificial Intelligence-first open work platform for human connection in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company offers Zoom Meetings that offers HD video, voice, chat, and content sharing through mobile devices, desktops, laptops, telephones, and conference room systems; Zoom Phone, a cloud phone system; and Zoom Team Chat enables users to share messages, images, files, and content in desktop, laptop, tablet, and mobile devices. It also provides Zoom Docs, a modular workspace; Zoom Whiteboard, an interactive canvas; Zoom Clips for capturing video and screen content; Zoom Rooms, a software-based conference room system; and Workspace Reservation. In addition, the company offers Zoom Contact Center, an omnichannel solution; Zoom Revenue Accelerator, a conversation intelligence software for Zoom Meetings and Zoom Phone; Zoom Events to manage, host, market, and report on all of virtual and hybrid events; Zoom Webinars Plus; and Zoom Webinars which supports interactive video presentations to large audiences. Further, it provides Workvivo, an all-in-one employee experience platform; Zoom Developer Platform and App Marketplace which integrates platform with other applications, platforms, websites, and services; and Zoom Apps. It serves individuals; and education, entertainment/media, enterprise infrastructure, finance, government, healthcare, manufacturing, non-profit/not for profit and social impact, retail/consumer products, and software/Internet industries. The company was formerly known as Zoom Video Communications, Inc. and changed its name to Zoom Communications, Inc. in November 2024. The company was incorporated in 2011 and is headquartered in San Jose, California.

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