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NASDAQ:ZM

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

$64.38
+0.52 (+0.81%)
(As of 05/22/2024 ET)
Today's Range
$63.55
$65.17
50-Day Range
$59.08
$67.26
52-Week Range
$58.87
$75.90
Volume
2.99 million shs
Average Volume
3.14 million shs
Market Capitalization
$19.80 billion
P/E Ratio
24.02
Dividend Yield
N/A
Price Target
$76.67

Zoom Video Communications MarketRank™ Stock Analysis

Analyst Rating
Hold
2.21 Rating Score
Upside/​Downside
18.3% Upside
$76.18 Price Target
Short Interest
Healthy
5.39% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.34
Upright™ Environmental Score
News Sentiment
0.25mentions of Zoom Video Communications in the last 14 days
Based on 67 Articles This Week
Insider Trading
Selling Shares
$6.36 M Sold Last Quarter
Proj. Earnings Growth
5.12%
From $2.15 to $2.26 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.

4.41 out of 5 stars

Computer And Technology Sector

109th out of 588 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

8th out of 59 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

Zoom Stock's Earnings Volatility Picked Up a Lot of Buyers
After reporting its first quarter 2024 earnings report, shares of Zoom Video Communications Inc. NASDAQ: ZM shook markets by initially plummeting as much as 4.6% from their closing price and swiftly rising back to show a 2.5% premium to the day's end. To put this price action simply, a significant amount of buying orders could have come in as Zoom stock hit its bottom in the after-hours.
Zoom Stock’s Earnings Volatility Picked Up a Lot of Buyers (ZM)
Zoom stock quickly recovered after an after-hours selloff, and investors can find out why these willing buyers were so quick to step in, all in the fundamentals
Is Zoom Video Stock Getting Too Cheap to Pass Up?
Zoom Video Communications Inc. NASDAQ: ZM shares hit a new 52-week low despite improvements indicating normalization may be near completion in its business. Zoom stock was the darling of the pandemic era, surging to a high of $588.84 in October 2024 as the whole world went virtual during the global lockdowns.
Is Zoom Video Stock Getting Too Cheap to Pass Up?
Zoom Video Communications Inc. (NASDAQ: ZM) shares hit a new 52-week low despite improvements indicating normalization may be near completion in its business
Zoom Video Communications (NASDAQ:ZM) Price Target Cut to $70.00
The 50% Upside Club: 3 Overlooked Growth Stocks to Buy Now
See More Headlines
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Company Calendar

Last Earnings
2/26/2024
Today
5/22/2024
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
N/A
Fax
N/A
Employees
7,420
Year Founded
2011

Price Target and Rating

Average Stock Price Target
$76.67
High Stock Price Target
$95.00
Low Stock Price Target
$60.00
Potential Upside/Downside
+19.1%
Consensus Rating
Hold
Rating Score (0-4)
2.21
Research Coverage
19 Analysts

Profitability

Net Income
$637.46 million
Pretax Margin
18.39%

Debt

Sales & Book Value

Annual Sales
$4.53 billion
Cash Flow
$3.70 per share
Book Value
$26.07 per share

Miscellaneous

Free Float
274,405,000
Market Cap
$19.80 billion
Optionable
Optionable
Beta
-0.05

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ZM Stock Analysis - Frequently Asked Questions

Should I buy or sell Zoom Video Communications stock right now?

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Zoom Video Communications in the last twelve months. There are currently 2 sell ratings, 10 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ZM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ZM, but not buy additional shares or sell existing shares.
View ZM analyst ratings
or view top-rated stocks.

What is Zoom Video Communications' stock price target for 2024?

18 brokerages have issued twelve-month target prices for Zoom Video Communications' stock. Their ZM share price targets range from $60.00 to $95.00. On average, they anticipate the company's stock price to reach $76.18 in the next year. This suggests a possible upside of 18.3% from the stock's current price.
View analysts price targets for ZM
or view top-rated stocks among Wall Street analysts.

How have ZM shares performed in 2024?

Zoom Video Communications' stock was trading at $71.91 at the beginning of 2024. Since then, ZM stock has decreased by 10.5% and is now trading at $64.38.
View the best growth stocks for 2024 here
.

When is Zoom Video Communications' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 19th 2024.
View our ZM earnings forecast
.

How were Zoom Video Communications' earnings last quarter?

Zoom Video Communications, Inc. (NASDAQ:ZM) posted its earnings results on Monday, February, 26th. The company reported $0.76 earnings per share for the quarter, topping analysts' consensus estimates of $0.42 by $0.34. The firm earned $1.15 billion during the quarter, compared to the consensus estimate of $1.13 billion. Zoom Video Communications had a trailing twelve-month return on equity of 10.84% and a net margin of 18.37%.

What guidance has Zoom Video Communications issued on next quarter's earnings?

Zoom Video Communications updated its FY 2025 earnings guidance on Tuesday, May, 21st. The company provided EPS guidance of 4.990-5.020 for the period, compared to the consensus EPS estimate of 4.910. The company issued revenue guidance of $4.6 billion-$4.6 billion, compared to the consensus revenue estimate of $4.6 billion.

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.

What other stocks do shareholders of Zoom Video Communications own?

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

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?

Zoom Video Communications' stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.61%), Sumitomo Mitsui Trust Holdings Inc. (1.59%), Nikko Asset Management Americas Inc. (1.40%), Acadian Asset Management LLC (0.99%), Swiss National Bank (0.24%) and Invenomic Capital Management LP (0.22%). Insiders that own company stock include Aparna Bawa, Bart Swanson, Carl M Eschenbach, Eric S Yuan, Eric S Yuan, Gregory Tomb, Janine Pelosi, Jonathan Chadwick, Kelly Steckelberg, Kimberly Hammonds, Michael D Pruitt, Ryan Azus, Santiago Subotovsky, Shane Crehan, Tamara Louise Linde and Velchamy Sankarlingam.
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.

This page (NASDAQ:ZM) was last updated on 5/23/2024 by MarketBeat.com Staff

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