Free Trial
NASDAQ:ZM

Zoom Video Communications (ZM) Stock Price, News & Analysis

$60.09
+0.48 (+0.81%)
(As of 07/26/2024 ET)
Today's Range
$59.59
$60.65
50-Day Range
$56.00
$64.38
52-Week Range
$55.63
$75.90
Volume
1.91 million shs
Average Volume
3.26 million shs
Market Capitalization
$18.58 billion
P/E Ratio
22.42
Dividend Yield
N/A
Price Target
$75.22

Zoom Video Communications MarketRank™ Stock Analysis

Analyst Rating
Hold
2.21 Rating Score
Upside/​Downside
25.2% Upside
$75.22 Price Target
Short Interest
Healthy
2.88% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.34
Upright™ Environmental Score
News Sentiment
0.81mentions of Zoom Video Communications in the last 14 days
Based on 19 Articles This Week
Insider Trading
Selling Shares
$7.24 M Sold Last Quarter
Proj. Earnings Growth
1.23%
From $2.43 to $2.46 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.89 out of 5 stars

Computer And Technology Sector

78th out of 612 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

5th out of 60 stocks

ZM stock logo

About Zoom Video Communications Stock (NASDAQ:ZM)

Zoom Video Communications, Inc. provides unified communications platform 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, an enterprise cloud phone system; and Zoom Chat enables users to share messages, images, audio files, and content in desktop, laptop, tablet, and mobile devices. It also provides Zoom Rooms, a software-based conference room system; Zoom Conference Room Connector, a gateway for SIP/H.323 endpoints to join Zoom meetings; Zoom Events, which enables users to manage and host internal and external virtual events; OnZoom, a prosumer-focused virtual event platform and marketplace for Zoom users to create, host, and monetize online events; and Zoom Webinars to provide video presentations to large audiences from many devices. In addition, the company offers Zoom Developer Platform that enables developers, platform integrators, service providers, and customers to build apps and integrations using Zoom's video-based communications solutions, as well as integrate Zoom's technology into their products and services; Zoom App Marketplace, which helps developers to publish their apps, as well as third-party integrations of Zoom; and Zoom Contact Center, an omnichannel contact center solution. 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 Communications, Inc. and changed its name to Zoom Video Communications, Inc. in May 2012. The company was incorporated in 2011 and is headquartered in San Jose, California.

ZM Stock Price History

ZM Stock News Headlines

“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Warning! 3 Stocks to Sell Before Losses Compound.
See More Headlines
Receive ZM Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Zoom Video Communications and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
5/20/2024
Today
7/26/2024
Next Earnings (Estimated)
8/19/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
Computer Software
Fax
N/A
Employees
7,420
Year Founded
2011

Price Target and Rating

Average Stock Price Target
$75.22
High Stock Price Target
$95.00
Low Stock Price Target
$55.00
Potential Upside/Downside
+25.1%
Consensus Rating
Hold
Rating Score (0-4)
2.21
Research Coverage
19 Analysts

Profitability

Net Income
$637.46 million
Pretax Margin
23.69%

Debt

Sales & Book Value

Annual Sales
$4.53 billion
Cash Flow
$3.81 per share
Book Value
$26.07 per share

Miscellaneous

Free Float
275,937,000
Market Cap
$18.59 billion
Optionable
Optionable
Beta
-0.05

Social Links

Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report

Should I Buy Zoom Video Communications Stock? ZM Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Zoom Video Communications, Inc.:

  • Zoom Video Communications has a strong presence in the unified communications platform market across various regions, including the Americas, Asia Pacific, Europe, the Middle East, and Africa.
  • Recent insider selling activities could indicate confidence in the company's future performance, as insiders have sold shares at higher prices.
  • Analyst ratings show a mix of hold and buy recommendations, suggesting potential for growth and stability in the stock.
  • Zoom Video Communications' stock price has shown resilience in the face of market fluctuations, demonstrating strong investor confidence.
  • The company's innovative approach to unified communications technology positions it well for continued growth and market leadership.

Cons

Investors should be bearish about investing in Zoom Video Communications, Inc. for these reasons:

  • Recent insider selling activities, while potentially positive, could also raise concerns about insider sentiment and future company performance.
  • Analyst price target reductions may indicate underlying challenges or uncertainties in the company's growth prospects.
  • Zoom Video Communications faces competition from other players in the unified communications market, which could impact its market share and profitability.
  • Market volatility and economic conditions could affect the company's stock price, leading to potential short-term fluctuations.
  • Investors should carefully monitor industry trends and technological advancements that could impact Zoom Video Communications' competitive position.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, July 7, 2024. Please send any questions or comments about these Zoom Video Communications pros and cons to contact@marketbeat.com.

ZM Stock Analysis - Frequently Asked Questions

How have ZM shares performed this year?

Zoom Video Communications' stock was trading at $71.91 at the beginning of 2024. Since then, ZM stock has decreased by 16.4% and is now trading at $60.09.
View the best growth stocks for 2024 here
.

How were Zoom Video Communications' earnings last quarter?

Zoom Video Communications, Inc. (NASDAQ:ZM) issued its quarterly earnings results on Monday, May, 20th. The company reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.23. The firm earned $1.14 billion during the quarter, compared to analysts' expectations of $1.13 billion. Zoom Video Communications had a trailing twelve-month return on equity of 10.55% and a net margin of 18.37%.

What is Eric S. Yuan's approval rating as Zoom Video Communications' CEO?

450 employees have rated Zoom Video Communications Chief Executive Officer Eric S. Yuan on Glassdoor.com. Eric S. Yuan has an approval rating of 97% among the company's employees. This puts Eric S. Yuan in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

When did Zoom Video Communications IPO?

Zoom Video Communications (ZM) raised $627 million in an initial public offering (IPO) on Thursday, April 18th 2019. The company issued 20,900,000 shares at $28.00-$32.00 per share. Morgan Stanley, J. P. Morgan, Goldman Sachs and Credit Suisse served as the underwriters for the IPO and BofA Merriil Lynch, RBC Capital Markets, Wells Fargo Securities, JMP Securities, KeyBanc Capital Markets, Piper Jaffray, Stifel and William Blair were co-managers.

Who are Zoom Video Communications' major shareholders?

Top institutional shareholders of Zoom Video Communications include Sumitomo Mitsui Trust Holdings Inc. (1.21%), ARK Investment Management LLC (0.82%), Bank of New York Mellon Corp (0.35%) and Retirement Systems of Alabama (0.20%). Insiders that own company stock include Santiago Subotovsky, Eric S Yuan, Velchamy Sankarlingam, Shane Crehan, Aparna Bawa, Jonathan Chadwick, Carl M Eschenbach, Ryan Azus, Kelly Steckelberg and Janine Pelosi.
View institutional ownership trends
.

How do I buy shares of Zoom Video Communications?

Shares of ZM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Zoom Video Communications own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Zoom Video Communications investors own include NVIDIA (NVDA), Tesla (TSLA), Netflix (NFLX), Block (SQ), Alibaba Group (BABA), Shopify (SHOP) and Salesforce (CRM).

This page (NASDAQ:ZM) was last updated on 7/26/2024 by MarketBeat.com Staff

From Our Partners