Zoom Video Communications, Inc. provides unified communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.
Zoom stock last closed at $69.62, up 2.13% from the previous day, and has decreased 6.66% in one year. It has underperformed other stocks in the Software - Application industry by 0.38 percentage points. Zoom stock is currently +18.26% from its 52-week low of $58.87, and -8.28% from its 52-week high of $75.91.
At the moment, there are 304.42M ZM shares outstanding. The market value of ZM is $21.19B. In the last 24 hours, 8.08M ZM shares were traded.
You will need an online brokerage account to access the NASDAQ market and buy ZM shares.
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After you have selected the best place to buy Zoom stock, it's very important to research their stock before you invest, so you can understand the risk and opportunity.
WallStreetZen was built to help average investors do more accurate fundamental analysis in less time.
You can see all of the due diligence checks on ZM's stock page.
Investors use many financial metrics, analyses, models, and charts to gauge ZM's intrinsic value.
Using relative valuations methods:
You can do additional valuation analysis on ZM's stock here.
Out of 13 Equities analysts who give forecasts on ZM, the consensus analyst rating on Zoom is a Hold
Please note that analyst ratings are not stock recommendations, nor are they investment advice.
Phil Winslow, a bottom 8% analyst from Wells Fargo downgrades ZM to a strong sell rating and announces their ZM price target of $70.00, on Dec 20, 2023.
Wells Fargo's Phil Winslow downgraded their rating on Zoom (NASDAQ: ZM) from Hold to Strong Sell on 2023/12/20. The analyst also announced a $70 price target.
In a year-end note reviewing names in their Technology portfolio, Winslow contextualized their downgrade and price target cut on Zoom by saying that the patience they have exercised with some of the pandemic winners has run out because "it has become clear over the course of the past year that many are still struggling to find stable footing."
In the case of companies "lacking clear growth/margin strategies going forward," the analyst said investors should expect an uptick in activist/M&A interest in FY 2024 aimed at addressing challenged models.
However, Winslow cautioned, "substantive fixes cannot be assumed in all cases."
Parker Lane, a bottom 3% analyst from Stifel Nicolaus reiterates ZM with a hold rating and maintains their ZM price target from $70.00 to $70.00, on Nov 21, 2023.
Matthew Harrigan, a bottom 1% analyst from Benchmark reiterates ZM with a strong buy rating and maintains their ZM price target from $83.00 to $83.00, on Nov 21, 2023.
Rishi Jaluria, a bottom 10% analyst from RBC Capital reiterates ZM with a buy rating and maintains their ZM price target from $95.00 to $95.00, on Nov 21, 2023.
Catharine Trebnick, a top 5% analyst from Rosenblatt reiterates ZM with a hold rating and maintains their ZM price target from $75.00 to $75.00, on Nov 21, 2023.
You can dig deeper into what analysts are projecting on the Zoom stock forecast page.
Last year, ZM earnings were $234.59M. In the past 4 year, ZM's earnings have grown by 125.81% per year. This was faster than the Software - Application industry average of 11.06%.
Last year, ZM revenue was $4.50B. Over the last four year, ZM's revenue has increased by 69.87% per year. This was faster than the Software - Application industry average of 30.33%.
Find out more about ZM's earnings and revenue performance here.
In the last year, insiders at ZM have sold more shares than they have bought.
Santiago Subotovsky, Director of ZM, was the latest ZM insider to sell. They sold $136,180.16 worth of ZM stock on Feb 9, 2024.
Get more info about who owns ZM shares here.
No, Zoom doesn't provide an income stream by paying out dividends.
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Now that you own some shares in ZM, you'll want to stay up-to-date on your new investment.
Create a watchlist to keep track of your ZM stock.
To summarize, here are the 6 steps to buy stock in Zoom:
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