NASDAQ:ZM

Zoom Video Communications Stock Forecast, Price & News

$365.91
-0.49 (-0.13 %)
(As of 06/14/2021 05:03 PM ET)
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Today's Range
$359.40
$369.58
50-Day Range
$288.49
$366.40
52-Week Range
$226.38
$588.84
Volume3.43 million shs
Average Volume4.46 million shs
Market Capitalization$107.47 billion
P/E Ratio126.18
Dividend YieldN/A
Beta-1.48
30 days | 90 days | 365 days | Advanced Chart
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Zoom Video Communications logo

About Zoom Video Communications

Zoom Video Communications, Inc. provides a video-first 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 that provides secure call routing, call queuing, call detail reports, call recording, call quality monitoring, voicemail, switch to video, and other services, as well as inbound and outbound calling services; and Zoom Chat enables to share messages, images, audio files, and content in desktop, laptop, tablet, and mobile devices for meeting and phone customers. 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 Video Webinars to provide video presentations to large audiences from many devices; and Zoom Hardware-as-a-Service allows users to access video communication technology with subscription options for phone and meeting room hardware. The company offers Zoom for Developers to integrate its video, phone, chat, and content sharing into other applications, as well as manages Zoom accounts; Zoom App Marketplace enhance developers to publish their apps; OnZoom, a platform for users to create, host, and monetize online events; and Zoom Apps to access from Zoom Meetings and the Zoom Desktop client to facilitate collaboration and engagement during meetings. 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.

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MarketRank

Overall MarketRank

1.43 out of 5 stars

Computer And Technology Sector

439th out of 1,587 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

37th out of 84 stocks

Analyst Opinion: 3.2Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 0.6 5 -4 -3 -2 -1 -
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Zoom Video Communications (NASDAQ:ZM) Frequently Asked Questions

Is Zoom Video Communications a buy right now?

28 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zoom Video Communications in the last year. There are currently 3 sell ratings, 12 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Zoom Video Communications stock. 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 analyst ratings for Zoom Video Communications
or view top-rated stocks.

What stocks does MarketBeat like better than Zoom Video Communications?

Wall Street analysts have given Zoom Video Communications a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Zoom Video Communications wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Zoom Video Communications' next earnings date?

Zoom Video Communications is scheduled to release its next quarterly earnings announcement on Monday, August 30th 2021.
View our earnings forecast for Zoom Video Communications
.

How were Zoom Video Communications' earnings last quarter?

Zoom Video Communications, Inc. (NASDAQ:ZM) announced its quarterly earnings data on Monday, May, 31st. The company reported $1.32 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.99 by $0.33. The company had revenue of $956.24 million for the quarter, compared to the consensus estimate of $908.17 million. Zoom Video Communications had a net margin of 26.59% and a trailing twelve-month return on equity of 36.26%. The company's revenue was up 191.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.20 EPS.
View Zoom Video Communications' earnings history
.

How has Zoom Video Communications' stock price been impacted by COVID-19?

Zoom Video Communications' stock was trading at $110.30 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ZM stock has increased by 231.6% and is now trading at $365.78.
View which stocks have been most impacted by COVID-19
.

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

Zoom Video Communications updated its FY 2022 earnings guidance on Tuesday, June, 8th. The company provided earnings per share (EPS) guidance of $4.560-4.610 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.760. The company issued revenue guidance of $3.98 billion-3.99 billion, compared to the consensus revenue estimate of $3.80 billion.

What price target have analysts set for ZM?

28 brokerages have issued 1 year target prices for Zoom Video Communications' shares. Their forecasts range from $215.00 to $611.00. On average, they expect Zoom Video Communications' share price to reach $426.58 in the next twelve months. This suggests a possible upside of 16.6% from the stock's current price.
View analysts' price targets for Zoom Video Communications
or view top-rated stocks among Wall Street analysts.

Who are Zoom Video Communications' key executives?

Zoom Video Communications' management team includes the following people:
  • Mr. Eric S. Yuan, Founder, Pres, CEO & Chairman (Age 51, Pay $949.75k) (LinkedIn Profile)
  • Ms. Kelly Steckelberg, Chief Financial Officer (Age 53, Pay $427.5k) (LinkedIn Profile)
  • Ms. Aparna Bawa, COO & Interim Chief Legal Officer (Age 43, Pay $406.14k) (LinkedIn Profile)
  • Mr. Ryan Azus, Chief Revenue Officer (Age 46, Pay $2.71M) (LinkedIn Profile)
  • Mr. Velchamy Sankarlingam, Pres of Engineering & Product (Age 53, Pay $366k) (LinkedIn Profile)
  • Mr. Shane Crehan, Principal Accounting Officer (Age 47) (LinkedIn Profile)
  • Mr. Brendan Ittelson, Chief Technology Officer (LinkedIn Profile)
  • Mr. Harry D. Moseley, Global Chief Information Officer (LinkedIn Profile)
  • Mr. Tom McCallum, Head of Investor Relations
  • Ms. Lynn Haaland, Chief Compliance & Ethics Officer, Chief Privacy Officer and Deputy Gen. Counsel (LinkedIn Profile)

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

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

Who are some of Zoom Video Communications' key competitors?

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), Square (SQ), Alibaba Group (BABA), Shopify (SHOP), salesforce.com (CRM), PayPal (PYPL), The Walt Disney (DIS) and DocuSign (DOCU).

When did Zoom Video Communications IPO?

(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 acted 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.

What is Zoom Video Communications' stock symbol?

Zoom Video Communications trades on the NASDAQ under the ticker symbol "ZM."

Who are Zoom Video Communications' major shareholders?

Zoom Video Communications' stock is owned by many different retail and institutional investors. Top institutional investors include Price T Rowe Associates Inc. MD (4.27%), Morgan Stanley (3.96%), BlackRock Inc. (3.83%), Baillie Gifford & Co. (2.76%), ARK Investment Management LLC (1.02%) and Renaissance Technologies LLC (0.86%). Company insiders that own Zoom Video Communications stock include Aparna Bawa, Bart Swanson, Carl M Eschenbach, Daniel Scheinman, Eric S Yuan, Eric S Yuan, Janine Pelosi, Jonathan Chadwick, Kelly Steckelberg, Kimberly Hammonds, Roy Benhorin, Ryan Azus and Santiago Subotovsky.
View institutional ownership trends for Zoom Video Communications
.

Which institutional investors are selling Zoom Video Communications stock?

ZM stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Coatue Management LLC, Hillhouse Capital Advisors LTD., Allianz Asset Management GmbH, Belmont Capital LLC, State of Wisconsin Investment Board, Comprehensive Financial Management LLC, and Artisan Partners Limited Partnership. Company insiders that have sold Zoom Video Communications company stock in the last year include Aparna Bawa, Bart Swanson, Carl M Eschenbach, Daniel Scheinman, Eric S Yuan, Janine Pelosi, Jonathan Chadwick, Kelly Steckelberg, Kimberly Hammonds, Ryan Azus, and Santiago Subotovsky.
View insider buying and selling activity for Zoom Video Communications
or view top insider-selling stocks.

Which institutional investors are buying Zoom Video Communications stock?

ZM stock was purchased by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, ARK Investment Management LLC, Baillie Gifford & Co., Sumitomo Mitsui Trust Holdings Inc., Nikko Asset Management Americas Inc., Jackson Square Partners LLC, Soma Equity Partners LP, and BlackRock Inc..
View insider buying and selling activity for Zoom Video Communications
or or view top insider-buying stocks.

How do I buy shares of Zoom Video Communications?

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

What is Zoom Video Communications' stock price today?

One share of ZM stock can currently be purchased for approximately $365.78.

How much money does Zoom Video Communications make?

Zoom Video Communications has a market capitalization of $107.43 billion and generates $2.65 billion in revenue each year. The company earns $672.32 million in net income (profit) each year or $2.36 on an earnings per share basis.

How many employees does Zoom Video Communications have?

Zoom Video Communications employs 4,422 workers across the globe.

When was Zoom Video Communications founded?

Zoom Video Communications was founded in 2011.

What is Zoom Video Communications' official website?

The official website for Zoom Video Communications is www.zoom.us.

Where are Zoom Video Communications' headquarters?

Zoom Video Communications is headquartered at 55 ALMADEN BOULEVARD 6TH FLOOR, SAN JOSE CA, 95113.

How can I contact Zoom Video Communications?

Zoom Video Communications' mailing address is 55 ALMADEN BOULEVARD 6TH FLOOR, SAN JOSE CA, 95113. The company can be reached via phone at 888-799-9666 or via email at [email protected]


This page was last updated on 6/14/2021 by MarketBeat.com Staff
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