Is now the time to sell your zoom stock?
Now ... time. ZM data by YCharts It only makes sense that as pandemic lockdowns eased and Zoom's temporary surge in growth faded, investors would begin to cool on the stock. The stock price decline has been steep, possibly pushed lower by a broader market ...
Is the dip in Zoom stock a buying opportunity?
Zoom also has an exceptional balance sheet with $5.11 billion in cash and just $100 million in total debt, giving ZM the freedom to expand without the worry of any substantial interest accumulating on a low debt balance. Overall, Zoom stock is offering a great buy-the-dip opportunity for long-term investors.
When to sell zoom stock?
Who are Zoom Video Communications' key executives?
- Eric S. Yuan, Chairman, President & Chief Executive Officer ( LinkedIn Profile)
- Aparna Bawa, COO, Chief Legal Officer & Secretary
- Kelly S. Steckelberg, Chief Financial Officer
- Brendan Ittelson, Chief Technology Officer
- Harry D. Moseley, Global Chief Information Officer
Should I buy zoom?
Travel zoom compact cameras combine the portability and simplicity ... Read our in-depth Panasonic Lumix ZS200 / TZ200 review 4. Should you buy a bridge camera in 2021? Bridge cameras are the original hybrid camera format. As the name suggests, they ...
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Is Zoom Video a good Buy?
Zoom stock holds an IBD Composite Rating of 48 out of a best possible 99. IBD's Composite Rating combines five separate proprietary ratings into one easy-to-use rating. The best growth stocks have a Composite Rating of 90 or better.
Is Zoom stock a Buy sell or hold?
Zoom Video Communications has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 13 buy ratings, 13 hold ratings, and no sell ratings.
What type of stock is zoom?
Class A Common StockClass A Common Stock (ZM)
What is Zoom highest stock price?
The all-time high Zoom Video Communications stock closing price was 568.34 on October 19, 2020.
What is Zoom's target price?
Stock Price TargetHigh$190.00Low$90.00Average$126.63Current Price$97.35
Is Tesla a buy?
TSLA shares are now trading around 704. MarketSmith chart analysis shows TSLA stock is not currently a buy, as it's trading below its 50-day line.
Is Zoom a good long term investment?
Solid growth in FY 2022 For example, at the end of FY 2022, Zoom had 2,725 customers generating $100,000 or more in annual revenue, up 66% year over year. Enterprise customers grew 35% year over year to 191,000 and had a net dollar expansion rate of 130% over the last 12 months.
Why is Zoom a good investment?
Zoom stock is cheaper than it's ever been Due to that sell-off, Zoom stock is cheaper than ever. Zoom is trading at price-to-free cash flow and price-to-earnings ratios of 22 and 24, respectively. According to those metrics, Zoom is significantly discounted.
Who is Zoom's significant investor?
The company's CEO Eric Yuan is the largest shareholder with 7.9% of shares outstanding. With 6.0% and 4.4% of the shares outstanding respectively, T. Rowe Price Group, Inc. and The Vanguard Group, Inc.
How do Zoom make money?
Zoom (ZM) is a video conferencing platform widely used by both businesses and consumers to stay in touch with others. It became widely popular during the COVID pandemic due to social distancing. Zoom makes money through subscription fees, hardware rentals, and add-on services.
What happen to Zoom stock?
The stock is down nearly 80% since its October 2020 peak, due to a combination of slowing growth and reduced valuation multiples for technology stocks.
Is Zoom going to go back up?
But it comes back in 2024. And we have a steady trend higher in revenue. It got the big jump in 2021 from the pandemic — when everybody flooded in. Analysts are expecting Zoom's revenue to continue to grow in 2023 and 2024.
Should I buy or sell Zoom Video Communications stock right now?
27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zoom Video Communications in the last year. There are currently 14 hold r...
What is Zoom Video Communications' stock price forecast for 2022?
27 Wall Street analysts have issued 12-month target prices for Zoom Video Communications' shares. Their ZM stock forecasts range from $90.00 to $40...
How has Zoom Video Communications' stock price performed in 2022?
Zoom Video Communications' stock was trading at $183.91 at the start of the year. Since then, ZM shares have decreased by 40.7% and is now trading...
When is Zoom Video Communications' next earnings date?
Zoom Video Communications is scheduled to release its next quarterly earnings announcement on Monday, August 29th 2022. View our earnings forecast...
How were Zoom Video Communications' earnings last quarter?
Zoom Video Communications, Inc. (NASDAQ:ZM) issued its earnings results on Monday, May, 23rd. The company reported $0.47 EPS for the quarter, beati...
What guidance has Zoom Video Communications issued on next quarter's earnings?
Zoom Video Communications updated its second quarter 2023 earnings guidance on Monday, June, 6th. The company provided earnings per share guidance...
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 52, Pay $1.12M)...
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...
Who are some of Zoom Video Communications' key competitors?
Some companies that are related to Zoom Video Communications include Baidu (BIDU) , Twitter (TWTR) , Trade Desk (TTD) , Match Group (MTCH) , S...
When did Zoom stock hit 60.97?
Who owns Zoom Video?
Zoom stock formed a cup chart pattern over nearly eight months, hitting a low of 60.97 on Oct. 23, 2019, down 43% from its all-time high. ZM stock's relative strength line began to improve in January 2020, before the coronavirus outbreak.
When did Zoom bounce off its moving average?
Yuan then became Cisco's corporate vice president of engineering for collaboration software. He formed San Jose, Calif.-based Zoom Video in 2011. Yuan recently transferred roughly 40% of his ownership stake in Zoom Video, 18 million shares worth an estimated $6 billion, as gifts to an unknown entity.
Is Zoom free?
On a weekly chart, Zoom bounced off its 10-week moving average in early August. The 10-week moving average often provides a new entry after a big run-up and stocks take a breather.
Who are the competitors of Zoom?
One key to Zoom's success has been a "freemium" business model. Zoom's basic video-calling package is free. Zoom puts limits on the number of participants in a group call and the length of meetings. Often company management learns about Zoom's software after an employee reports a positive experience.
Is Zoom a cloud phone?
In the business market, Zoom rivals include RingCentral, Cisco Systems ( CSCO ), Microsoft, LogMeIn and Fuze. Alphabet 's ( GOOGL) Google, Facebook ( FB) and Verizon Communications ( VZ) have pushed into the market.
About Zoom Video Communications
The company's privacy policy notes that consumer data is shared for targeted advertising. Zoom Phone, a cloud-calling product rolled out in 2019, lets customers set up group internet phone calls without video. In addition, Zoom Phone competes with products from Cisco, Avaya and RingCentral.
Zoom Video Communications (NASDAQ:ZM) Frequently Asked Questions
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, government, and healthcare industries.
What is Zoom Video?
29 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Zoom Video Communications in the last year. There are currently 1 sell rating, 14 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Zoom Video Communications stock.
When did Zoom become profitable?
A valuation method that multiplies the price of a company's stock by the total number of outstanding shares. Zoom Video Communications, Inc. is an American communications technology company headquartered in San Jose, California.
What is Zoom's stock symbol?
The company first became profitable in 2019, and completed an initial public offering that year. The company joined the NASDAQ-100 stock index on April 30, 2020. Beginning in early 2020, Zoom's software usage saw a significant global increase after quarantine measures were adopted in response to the COVID-19 pandemic.
How does Zoom make money?
Nerdy tip: Zoom's stock symbol is ZM. The company's IPO was in April 2019 at $36 a share. In the 2020 fiscal year, those profits jumped more than threefold, from $7.6 million to $25.4 million as companies continued to integrate Zoom’s technology into their work. (Full disclosure: NerdWallet uses Zoom.)
What is the ZM symbol?
Zoom makes money by selling its platform subscriptions to everyone from single users to companies with hundreds of thousands of employees. Unlike some other firms, Zoom went into its IPO as a profitable company.
How many people use Zoom in 2020?
Everyday investors can now jump on the line with Zoom Video Communications, which debuted on the Nasdaq stock exchange in April 2019 under the ticker symbol ZM. Zoom's cloud-based service allows people in different locations with different devices to connect face-to-face and share content via video, voice and chat.
Is Zoom a part of life?
And in the time of coronavirus, people have increasingly turned to the service: Zoom says it served 10 million daily meeting participants in December 2019 — and more than 300 million per day in April 2020. So Zoom is popular.
NASDAQ: ZM
Zoom has become a part of daily life for millions around the world. If you're interested in investing in Zoom, here’s what to consider before you buy. Dayana Yochim, Chris Hutchison Feb 11, 2021. Many or all of the products featured here are from our partners who compensate us.
What happened
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So what
Shares of Zoom Video Communications ( ZM -5.14% ) fell 23% in November, according to data from S&P Global Market Intelligence. The online meetings specialist's red-hot trajectory in 2020 turned sour this year. Zoom's stock has now lost more than half of its value over the last 52 weeks, missing out on a 27% gain in the S&P 500 market index:
Now what
Zoom's November pain started in the first week of the month. Pharmaceuticals giant Pfizer presented strong results from trials of an anti-coronavirus pill, driving many stocks sharply higher as investors saw a quicker end to the global health crisis.
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The COVID boost may be going away but it also left a lasting imprint on Zoom's reported results and shareholder returns. Remember that disappointing one-year price chart at the top of this article? Let's stretch it out to a two-year view instead and add one important financial metric:
Analyst price target for ZM
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ZM earnings per share forecast
Based on 18 analyst s offering 12 month price targets for Zoom Video Communications Inc.
ZM revenue forecast
What is ZM 's earnings per share in the next 3 years based on estimates from 8 analyst s?
ZM earnings growth forecast
What is ZM 's revenue in the next 3 years based on estimates from 9 analyst s?
ZM revenue growth forecast
How is ZM forecast to perform vs Telecom Services companies and vs the US market?
NASDAQ: ZM
How is ZM forecast to perform vs Telecom Services companies and vs the US market?
The pandemic darling has been tumbling for a year, and there could be more pain to come for shareholders
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No longer zooming
Owning shares of Zoom Video Communications ( ZM -5.14% ) during the first six months of the pandemic was a dream. Capable video-conferencing software became an absolute necessity for businesses overnight, and the path of least resistance was Zoom's easy-to-start and easy-to-use product.
Growth hits a wall
Even though Zoom's financial results continued to impress through much of 2021, the stock has been steadily declining for the past year. Zoom stock reached an all-time high of $588 last October. Today, trading at around $260 per share, the pandemic darling is down 55% from that high.
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Zoom expects to report lower revenue in its third quarter than it reported in its second quarter. It's possible that Zoom's revenue will eventually start to decline on a year-over-year basis as its customers adjust to the post-pandemic world.
