Wall Street Analysts Think Zoom Video (ZM) Could Surge 27.69%: Read This Before Placing a Bet
ZMZoom(ZM) ZACKS·2024-07-16 22:56

Shares of Zoom Video Communications (ZM) have gained 2.4% over the past four weeks to close the last trading session at 58.33,buttherecouldstillbeasolidupsideleftinthestockifshorttermpricetargetsofWallStreetanalystsareanyindication.Goingbythepricetargets,themeanestimateof58.33, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of 74.48 indicates a potential upside of 27.7%.The mean estimate comprises 23 short-term price targets with a standard deviation of 9.78.Whilethelowestestimateof9.78. While the lowest estimate of 55 indicates a 5.7% decline from the c ...