NASDAQ:ZM - Zoom Video Communications Stock Price, News & Analysis

$93.87
+0.86 (+0.92 %)
(As of 08/22/2019 04:00 PM ET)
Today's Range
$91.57
Now: $93.87
$95.50
50-Day Range
$88.60
MA: $94.34
$103.80
52-Week Range
$59.94
Now: $93.87
$107.34
Volume870,719 shs
Average Volume2.53 million shs
Market Capitalization$25.58 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Zoom Video Communications, Inc. provides a video-first communications platform that delivers changes how people interact primarily in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. It connects people through frictionless video, voice, chat, and content sharing. The company's cloud-native platform enables face-to-face video experiences and connects users across various devices and locations in a single meeting. It serves education, entertainment/media, enterprise infrastructure, finance, healthcare, manufacturing, non-profit/not for profit and social impact, retail/consumer products, and software/Internet industries, as well as individuals. The company was formerly known as Zoom Communications, Inc. and changed its name to Zoom Video Communications, Inc. in May 2012. Zoom Video Communications, Inc. was founded in 2011 and is headquartered in San Jose, California.

Industry, Sector and Symbol

Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
CIKN/A
Phone888-799-9666

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees1,702
Market Cap$25.58 billion
Next Earnings Date9/5/2019 (Confirmed)
OptionableNot Optionable

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Zoom Video Communications (NASDAQ:ZM) Frequently Asked Questions

What is Zoom Video Communications' stock symbol?

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

How were Zoom Video Communications' earnings last quarter?

Zoom Video Communications Inc (NASDAQ:ZM) announced its earnings results on Thursday, June, 6th. The company reported $0.03 earnings per share for the quarter, beating analysts' consensus estimates of ($0.01) by $0.04. The company had revenue of $122 million for the quarter, compared to analysts' expectations of $111.66 million. The company's revenue was up 103.1% on a year-over-year basis. View Zoom Video Communications' Earnings History.

When is Zoom Video Communications' next earnings date?

Zoom Video Communications is scheduled to release their next quarterly earnings announcement on Thursday, September 5th 2019. View Earnings Estimates for Zoom Video Communications.

How can I listen to Zoom Video Communications' earnings call?

Zoom Video Communications will be holding an earnings conference call on Thursday, September 5th at 5:30 PM Eastern. Interested parties can register for or listen to the call using this link.

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

Zoom Video Communications issued an update on its FY20 earnings guidance on Thursday, June, 6th. The company provided earnings per share (EPS) guidance of $0.02-0.03 for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.01). The company issued revenue guidance of $535-540 million, compared to the consensus revenue estimate of $520.25 million.

What price target have analysts set for ZM?

18 Wall Street analysts have issued 12 month price targets for Zoom Video Communications' stock. Their forecasts range from $45.00 to $115.00. On average, they expect Zoom Video Communications' share price to reach $85.2579 in the next year. This suggests that the stock has a possible downside of 9.2%. View Analyst Price Targets for Zoom Video Communications.

What is the consensus analysts' recommendation for Zoom Video Communications?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zoom Video Communications in the last year. There are currently 2 sell ratings, 8 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Zoom Video Communications.

Has Zoom Video Communications been receiving favorable news coverage?

News articles about ZM stock have trended positive recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Zoom Video Communications earned a news sentiment score of 2.5 on InfoTrie's scale. They also gave media stories about the company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the near future. View News Stories for Zoom Video Communications.

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), Twilio (TWLO), Alibaba Group (BABA), Square (SQ), Paypal (PYPL), Shopify (SHOP), Roku (ROKU), Trade Desk (TTD), Okta (OKTA) and Mongodb (MDB).

Who are Zoom Video Communications' key executives?

Zoom Video Communications' management team includes the folowing people:
  • Mr. Eric S. Yuan, Founder, Pres, CEO & Chairman (Age 49)
  • Ms. Kelly Steckelberg, Chief Financial Officer (Age 51)
  • Mr. Roy Benhorin, Chief Accounting Officer
  • Mr. Harry D. Moseley, Chief Information Officer
  • Ms. Aparna Bawa, Gen. Counsel & Sec. (Age 41)

When did Zoom Video Communications IPO?

(ZM) raised $627 million in an initial public offering on Thursday, April 18th 2019. The company issued 20,900,000 shares at a price of $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.

When does the company's lock-up period expire?

Zoom Video Communications' lock-up period expires on Tuesday, October 15th. Zoom Video Communications had issued 20,869,565 shares in its initial public offering on April 18th. The total size of the offering was $751,304,340 based on an initial share price of $36.00. After the end of the company's lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Who are Zoom Video Communications' major shareholders?

Zoom Video Communications' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include SALESFORCE.COM Inc. (1.02%), Vanguard Group Inc. (0.63%), Coatue Management LLC (0.45%), Whale Rock Capital Management LLC (0.45%), Price T Rowe Associates Inc. MD (0.40%) and BlackRock Inc. (0.32%). Company insiders that own Zoom Video Communications stock include Carl M Eschenbach, Emergence Capital Partners Iii, Eric S Yuan and Janine Pelosi. View Institutional Ownership Trends for Zoom Video Communications.

Which major investors are buying Zoom Video Communications stock?

ZM stock was purchased by a variety of institutional investors in the last quarter, including SALESFORCE.COM Inc., Vanguard Group Inc., Coatue Management LLC, Whale Rock Capital Management LLC, Price T Rowe Associates Inc. MD, BlackRock Inc., Morgan Stanley and SRS Investment Management LLC. View Insider Buying and Selling for Zoom Video Communications.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Zoom Video Communications' stock price today?

One share of ZM stock can currently be purchased for approximately $93.87.

How big of a company is Zoom Video Communications?

Zoom Video Communications has a market capitalization of $25.58 billion. Zoom Video Communications employs 1,702 workers across the globe.View Additional Information About Zoom Video Communications.

What is Zoom Video Communications' official website?

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

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.


MarketBeat Community Rating for Zoom Video Communications (NASDAQ ZM)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  76 (Vote Outperform)
Underperform Votes:  87 (Vote Underperform)
Total Votes:  163
MarketBeat's community ratings are surveys of what our community members think about Zoom Video Communications and other stocks. Vote "Outperform" if you believe ZM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ZM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/22/2019 by MarketBeat.com Staff

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