Fintel reports that on January 7, 2025, Wells Fargo upgraded their outlook for Zoom Communications (LSE:0A1O) from Underweight to Equal-Weight.
Analyst Price Forecast Suggests 12.69% Upside
As of December 23, 2024, the average one-year price target for Zoom Communications is 93.16 GBX/share. The forecasts range from a low of 70.49 GBX to a high of 120.38 GBX. The average price target represents an increase of 12.69% from its latest reported closing price of 82.67 GBX / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Zoom Communications is 4,855MM, an increase of 4.91%. The projected annual non-GAAP EPS is 4.46.
What is the Fund Sentiment?
There are 1,175 funds or institutions reporting positions in Zoom Communications. This is an increase of 16 owner(s) or 1.38% in the last quarter. Average portfolio weight of all funds dedicated to 0A1O is 0.21%, an increase of 4.53%. Total shares owned by institutions decreased in the last three months by 2.44% to 195,825K shares.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 7,443K shares representing 2.84% ownership of the company. In its prior filing, the firm reported owning 7,489K shares , representing a decrease of 0.62%. The firm increased its portfolio allocation in 0A1O by 9.99% over the last quarter.
Aqr Capital Management holds 7,165K shares representing 2.73% ownership of the company. In its prior filing, the firm reported owning 5,731K shares , representing an increase of 20.01%. The firm decreased its portfolio allocation in 0A1O by 48.47% over the last quarter.
Newlands Management Operations holds 5,786K shares representing 2.21% ownership of the company. No change in the last quarter.
Pacer Advisors holds 5,480K shares representing 2.09% ownership of the company. In its prior filing, the firm reported owning 5,247K shares , representing an increase of 4.26%. The firm increased its portfolio allocation in 0A1O by 14.78% over the last quarter.
COWZ - Pacer US Cash Cows 100 ETF holds 5,331K shares representing 2.03% ownership of the company. In its prior filing, the firm reported owning 2,823K shares , representing an increase of 47.05%. The firm increased its portfolio allocation in 0A1O by 68.66% over the last quarter.
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