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

$151.70
+10.55 (+7.47 %)
(As of 03/29/2020 04:00 PM ET)
Today's Range
$145.60
Now: $151.70
$154.97
50-Day Range
$87.26
MA: $108.77
$159.56
52-Week Range
$59.94
Now: $151.70
$164.94
Volume13.11 million shs
Average Volume15.93 million shs
Market Capitalization$41.93 billion
P/E Ratio1,896.49
Dividend YieldN/A
BetaN/A
Zoom Video Communications, Inc. provides a video-first communications platform that 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.
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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 Sales$622.66 million
Cash Flow$0.31 per share
Book Value$3.02 per share

Profitability

Net Income$21.75 million

Miscellaneous

Employees1,702
Market Cap$41.93 billion
Next Earnings Date6/4/2020 (Estimated)
OptionableNot Optionable

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Zoom Video Communications (NASDAQ:ZM) Frequently Asked Questions

How has Zoom Video Communications' stock been impacted by COVID-19 (Coronavirus)?

Zoom Video Communications' stock was trading at $110.30 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ZM stock has increased by 37.5% and is now trading at $151.70. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Zoom Video Communications?

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zoom Video Communications in the last year. There are currently 2 sell ratings, 14 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Zoom Video Communications.

When is Zoom Video Communications' next earnings date?

Zoom Video Communications is scheduled to release its next quarterly earnings announcement on Thursday, June 4th 2020. View our earnings forecast for Zoom Video Communications.

How were Zoom Video Communications' earnings last quarter?

Zoom Video Communications Inc (NASDAQ:ZM) posted its quarterly earnings results on Wednesday, March, 4th. The company reported $0.15 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.01) by $0.16. The business earned $188.25 million during the quarter, compared to analyst estimates of $176.88 million. Zoom Video Communications had a net margin of 3.73% and a return on equity of 3.30%. Zoom Video Communications's revenue for the quarter was up 77.9% on a year-over-year basis. View Zoom Video Communications' earnings history.

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

Zoom Video Communications updated its FY21 earnings guidance on Wednesday, March, 4th. The company provided EPS guidance of $0.42-0.45 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.29. The company issued revenue guidance of $905-915 million, compared to the consensus revenue estimate of $869.97 million.

What price target have analysts set for ZM?

24 equities research analysts have issued 12 month target prices for Zoom Video Communications' stock. Their forecasts range from $45.00 to $150.00. On average, they anticipate Zoom Video Communications' stock price to reach $98.78 in the next year. This suggests that the stock has a possible downside of 34.9%. View analysts' price targets for Zoom Video Communications.

Has Zoom Video Communications been receiving favorable news coverage?

News articles about ZM stock have been trending very positive on Sunday, InfoTrie reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Zoom Video Communications earned a media sentiment score of 4.0 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news aboutZoom 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), Alibaba Group (BABA), Walt Disney (DIS), Netflix (NFLX), Twilio (TWLO), Roku (ROKU), Trade Desk (TTD), salesforce.com (CRM), Tesla (TSLA) and Square (SQ).

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 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 (IPO) 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.

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 institutional and retail investors. Top institutional shareholders include Artisan Partners Limited Partnership (2.60%), FIL Ltd (0.99%), Baillie Gifford & Co. (0.89%), Sands Capital Management LLC (0.52%), Capital Research Global Investors (0.45%) and Wildcat Capital Management LLC (0.41%). Company insiders that own Zoom Video Communications stock include Aparna Bawa, Carl M Eschenbach, Emergence Capital Partners Iii, Eric S Yuan, Janine Pelosi, Jonathan Chadwick, Kelly Steckelberg, Kimberly Hammonds, Roy Benhorin and Santiago Subotovsky. View institutional ownership trends for Zoom Video Communications.

Which major investors are selling Zoom Video Communications stock?

ZM stock was sold by a variety of institutional investors in the last quarter, including Sands Capital Management LLC, Raymond James & Associates, AO Asset Management LP, Bessemer Group Inc., Hartline Investment Corp, Spark Investment Management LLC, Gateway Investment Advisers LLC, and Gideon Capital Advisors Inc.. Company insiders that have sold Zoom Video Communications company stock in the last year include Aparna Bawa, Carl M Eschenbach, Emergence Capital Partners Iii, Eric S Yuan, Janine Pelosi, Jonathan Chadwick, Kelly Steckelberg, Kimberly Hammonds, Roy Benhorin, and Santiago Subotovsky. View insider buying and selling activity 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 Artisan Partners Limited Partnership, Baillie Gifford & Co., Wildcat Capital Management LLC, FIL Ltd, Abdiel Capital Advisors LP, Lead Edge Capital Management LLC, Sei Investments Co., and Belmont Capital LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Zoom Video Communications' stock price today?

One share of ZM stock can currently be purchased for approximately $151.70.

How big of a company is Zoom Video Communications?

Zoom Video Communications has a market capitalization of $41.93 billion and generates $622.66 million in revenue each year. The company earns $21.75 million in net income (profit) each year or $0.09 on an earnings per share basis. 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:  2.5 out of 5 (star star half star)
Outperform Votes:  165 (Vote Outperform)
Underperform Votes:  168 (Vote Underperform)
Total Votes:  333
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 3/29/2020 by MarketBeat.com Staff

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