Stock FAQs

why did zoom stock drop today

by Elenor Runolfsson V Published 3 years ago Updated 2 years ago
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Zoom Video Communications posted better-than-expected financial results for its fiscal fourth quarter, but the stock is falling in late trading Monday after the company forecast weaker-than-expected results for both the fiscal first quarter and the current year.Feb 28, 2022

Is Zoom a good stock to buy?

Nov 23, 2021 · For one, Evercore ISI analyst Peter Levine reduced his share price forecast from $255 to $235 on concerns that Zoom's growth investments will weigh on its profit margins in the coming year. For...

How much further could zoom stock fall?

Mar 29, 2022 · In the past three months, Zoom Video Communications insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $9,428,129.00 in company stock. Percentage Held by Insiders. 12.27% of the stock of Zoom Video Communications is held by insiders.

Is now the time to sell your zoom stock?

Zoom was founded in 2011 and completed its initial public offering on April 18, 2019 at $36 per share. Zoom derives about 20% of revenue from outside the U.S. 2 months ago • Argus Research.

Why does zoom keep going down?

Mar 08, 2022 · Shares of Zoom Video Communications ( ZM -4.21% ) dropped 14% in February, according to data from S&P Global Market Intelligence. There wasn't any major news about Zoom before its Feb. 28 earnings ...

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Is Zoom Video Communications a buy right now?

28 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Zoom Video Communications in the last year. There are c...

How has Zoom Video Communications' stock price been impacted by Coronavirus?

Zoom Video Communications' stock was trading at $110.30 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health...

Are investors shorting Zoom Video Communications?

Zoom Video Communications saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 14,230,...

When is Zoom Video Communications' next earnings date?

Zoom Video Communications is scheduled to release its next quarterly earnings announcement on Tuesday, June 7th 2022. View our earnings forecast f...

How were Zoom Video Communications' earnings last quarter?

Zoom Video Communications, Inc. (NASDAQ:ZM) announced its earnings results on Monday, February, 28th. The company reported $1.29 EPS for the quarte...

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

Zoom Video Communications updated its FY 2023 earnings guidance on Monday, March, 14th. The company provided earnings per share (EPS) guidance of $...

What price target have analysts set for ZM?

28 Wall Street analysts have issued 12-month target prices for Zoom Video Communications' shares. Their forecasts range from $100.00 to $400.00. On...

Who are Zoom Video Communications' key executives?

Zoom Video Communications' management team includes the following people: Eric S. Yuan , Chairman, President & Chief Executive Officer ( LinkedI...

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...

About Zoom Video Communications

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.

Tech Sell-Off: 3 No-Brainer Stocks to Buy Right Now

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.

Cheap Stocks To Buy: Should You Watch These 5 Growth Stocks?

Here's why a panel of Motley Fool contributors identified Zoom Video Communications (NASDAQ: ZM), Unity Software (NYSE: U), and Meta Platforms (NASDAQ: FB) as top stocks to buy amid the big tech sell-off. Zoom, trading for almost 10 times sales, is entering value-stock territory.

When did Zoom stock hit 60.97?

Here's another cold, hard truth that many proponents of penny stocks don't tell you: Many low-priced shares stay low for a very long time.

When did Zoom bounce off its moving average?

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.

Who owns Zoom Video?

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.

Is Zoom free?

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.

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.

Who is Eric Yuan?

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.

Is Zoom a cloud phone?

Eric Yuan, Zoom's chief executive and founder, came to the U.S. in 1997. He started out with WebEx Communications and eventually became its vice president of engineering. Cisco acquired WebEx for $3.2 billion in 2007. Yuan then became Cisco's corporate vice president of engineering for collaboration software.

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