It offers its solutions to education, finance, government and healthcare sectors. Zoom Video Communications, Inc. engages in the provision of video-first communications platform. The firm offers meetings, chat, rooms and workspaces, phone systems, video webinars, marketplace, and developer platform products. It serves the education, finance, https://dotbig.com/ government, and healthcare industries. Its platform helps people to connect through voice, chat, content sharing, and face-to-face video experiences. The company was founded by Eric S. Yuan in 2011 and is headquartered in San Jose, CA. High-growth stocks tend to represent the technology, healthcare, and communications sectors.
Zoom Video Communications has 26.53% upside potential, based on the analysts’ average price target. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. zoom stock holds an IBD Composite Rating of 41 out of a best possible 99. The best growth stocks have a Composite Rating of 90 or better. "SBC expense will remain elevated for the next few years given the SBC amortization from the previous grants issued in addition to the supplemental grants issued to make up for the declining share price," the note said. "This remains an overhang to getting more positive, particularly as it grows as a percentage of free cash flow."
Thinking about buying stock in Palisade Bio, Meta Materials, PayPal, Zoom Video, or Gap?
Zoom, which was founded in 2011 and is headquartered in San Jose, California, serves companies of all sizes from all industries around the world. Zoom’s cloud-based software sets up video calls, with chat tools available. But its growth in the consumer market will likely continue to slow amid rising competition. Market cap is the total market value of a publicly https://dotbig.com/ traded company’s outstanding shares. Money Flow Uptick/Downtick RatioMoney flow measures the relative buying and selling pressure on a stock, based on the value of trades made on an "uptick" in price and the value of trades made on a "downtick" in price. The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades.
- They rarely distribute dividends to shareholders, opting for reinvestment in their businesses.
- The PEAD projected a Bullish outlook for $ZM after a Negative over reaction following its earnings release placing the stock in drift C.
- Moreover, Zoom Phone is an enterprise cloud phone system that provides inbound and outbound calling via its support for native connectivity to the public switched telephone network .
- These products and services are usually sold through license agreements or subscriptions.
There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better zm stock price today focus on the stocks that are the best fit for his or her personal trading style. The Barchart Technical Opinion rating is a 100% Sell with a Average short term outlook on maintaining the current direction. Business growth will eventually win over the current bearish sentiment.
Ratings
Bloomberg Markets The Close Romaine Bostick breaks down the day’s top stories and trading action leading into the close. Provides a general description of the business conducted by this company. I’m really zoom stock liking the look of this setup, although I am bearish on the market overall, this one has a solid setup. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index quotes are real-time.
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Zoom Video Communications Inc. ZM (U.S.: Nasdaq)
The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they’re over-valued. Finder is not an advisor or brokerage service, and we don’t recommend investors to trade specific stocks or other investments. Zoom Video Communications’s analyst rating consensus https://dotbig.com/markets/stocks/ZM/ is a ‘Hold. The average price target for Zoom Video Communications is $86.75. This is based on 23 Wall Streets Analysts 12-month price targets, issued in the past 3 months. Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice.
Software Stocks Lag S&P 500
Enterprise strength continues to be overshadowed by online weakness, while currency headwinds worsened, consistent with most of our software coverage, and sales cycles continue to elongate. Considering guidance and our expectations that macro conditions worsen, we lowered our estimates meaningfully for fiscal 2024 and are lowering our fair value estimate to $95 per share, from $115. We continue to prefer our wide moat names during the prolonged software selloff. In addition, DotBig holds an Accumulation/Distribution Rating of E. That rating analyzes price and volume changes in a stock over the past 13 weeks of trading. Its current rating indicates more funds are buying than selling. Zoom puts limits on the number of participants in a group call and the length of meetings.
Zoom Video Communications traded at $69.81 this Wednesday December 21st, increasing $1.25 or 1.82 percent since the previous trading session. Looking back, over the last four weeks, Zoom gained 9.51 percent. Looking ahead, we forecast Zoom Video Communications to be priced at 67.58 by the end of this quarter and at 61.19 in one year, according to Trading Economics global macro models projections and analysts expectations. Shares Sold ShortThe total DotBig number of shares of a security that have been sold short and not yet repurchased.Change from LastPercentage change in short interest from the previous report to the most recent report. Exchanges report short interest twice a month.Percent of FloatTotal short positions relative to the number of shares available to trade. Last week we had both bearish engulfing weekly and monthly close. We expect the downtrend to continue and retest lows from 2019.
For Business
IBD Videos Get market updates, educational videos, webinars, and stock analysis. Amid Covid-19, Zoom morphed into a social phenomenon as making video calls became routine for consumers to keep in touch with family and friends. Remote learning and needs in telemedicine also boosted demand for Zoom Video’s cloud-based services. Microsoft and its Teams communications tools for large companies and small businesses is Zoom’s major rival in the business market. WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. Finder recognizes the best share trading platforms for every type of investor.
Customer Service
Zoom Video has forged new deals in the enterprise market, such as one with software maker ServiceNow . Yuan then became Cisco’s corporate vice president of engineering for collaboration software. A "Zoom Meeting" refers to a videoconferencing session zoom stock hosted on its cloud infrastructure. Paid Zoom business plans cost $15 or $20 per employee and require minimums of 10 or 50 seats. Growth in annual recurring revenue for business customers with contracts topping $100,000 is one metric to monitor.
