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NASDAQ:ZM

Zoom Video Communications (ZM) Stock Price, News & Analysis

Zoom Video Communications logo
$85.60 +1.55 (+1.84%)
(As of 12/20/2024 05:45 PM ET)

About Zoom Video Communications Stock (NASDAQ:ZM)

Key Stats

Today's Range
$82.86
$86.10
50-Day Range
$67.89
$89.03
52-Week Range
$55.06
$92.80
Volume
5.02 million shs
Average Volume
3.34 million shs
Market Capitalization
$26.24 billion
P/E Ratio
28.53
Dividend Yield
N/A
Price Target
$87.10
Consensus Rating
Hold

Company Overview

Zoom Video Communications, Inc. provides unified communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company offers Zoom Meetings that offers HD video, voice, chat, and content sharing through mobile devices, desktops, laptops, telephones, and conference room systems; Zoom Phone, an enterprise cloud phone system; and Zoom Chat enables users to share messages, images, audio files, and content in desktop, laptop, tablet, and mobile devices. It also provides Zoom Rooms, a software-based conference room system; Zoom Conference Room Connector, a gateway for SIP/H.323 endpoints to join Zoom meetings; Zoom Events, which enables users to manage and host internal and external virtual events; OnZoom, a prosumer-focused virtual event platform and marketplace for Zoom users to create, host, and monetize online events; and Zoom Webinars to provide video presentations to large audiences from many devices. In addition, the company offers Zoom Developer Platform that enables developers, platform integrators, service providers, and customers to build apps and integrations using Zoom's video-based communications solutions, as well as integrate Zoom's technology into their products and services; Zoom App Marketplace, which helps developers to publish their apps, as well as third-party integrations of Zoom; and Zoom Contact Center, an omnichannel contact center solution. It serves individuals; and education, entertainment/media, enterprise infrastructure, finance, government, healthcare, manufacturing, non-profit/not for profit and social impact, retail/consumer products, and software/Internet industries. The company was formerly known as Zoom Communications, Inc. and changed its name to Zoom Video Communications, Inc. in May 2012. The company was incorporated in 2011 and is headquartered in San Jose, California.

Zoom Video Communications Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
81st Percentile Overall Score

ZM MarketRank™: 

Zoom Video Communications scored higher than 81% of companies evaluated by MarketBeat, and ranked 186th out of 653 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Zoom Video Communications has received a consensus rating of Hold. The company's average rating score is 2.32, and is based on 8 buy ratings, 14 hold ratings, and 2 sell ratings.

  • Amount of Analyst Coverage

    Zoom Video Communications has been the subject of 20 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Zoom Video Communications' stock forecast and price target.
  • Earnings Growth

    Earnings for Zoom Video Communications are expected to decrease by -4.79% in the coming year, from $2.92 to $2.78 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Zoom Video Communications is 28.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.00.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Zoom Video Communications is 28.53, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 241.65.

  • Price to Earnings Growth Ratio

    Zoom Video Communications has a PEG Ratio of 5.29. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Zoom Video Communications has a P/B Ratio of 3.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.95% of the outstanding shares of Zoom Video Communications have been sold short.
  • Short Interest Ratio / Days to Cover

    Zoom Video Communications has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Zoom Video Communications has recently increased by 1.80%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Zoom Video Communications does not currently pay a dividend.

  • Dividend Growth

    Zoom Video Communications does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.95% of the outstanding shares of Zoom Video Communications have been sold short.
  • Short Interest Ratio / Days to Cover

    Zoom Video Communications has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Zoom Video Communications has recently increased by 1.80%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Zoom Video Communications has a news sentiment score of 0.78. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 12 news articles for Zoom Video Communications this week, compared to 14 articles on an average week.
  • Search Interest

    82 people have searched for ZM on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • MarketBeat Follows

    22 people have added Zoom Video Communications to their MarketBeat watchlist in the last 30 days. This is an increase of 175% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    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 $32,366,914.00 in company stock.

  • Percentage Held by Insiders

    10.78% of the stock of Zoom Video Communications is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    66.54% of the stock of Zoom Video Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Zoom Video Communications' insider trading history.
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ZM Stock News Headlines

STUTTGART, GERMANY - Dec 13, 2021: Mobile phone with webpage of US analytics software company Amplitude Inc. on screen in front of logo. Focus on top-left of phone display. - Stock Editorial Photography
Is Amplitude an AI Sleeper Stock in the Making for 2025? (ZM)
Amplitude stock shows potential for a turnaround as product analytics demand grows. See how its rising ARR and new innovations could drive growth.
Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
Twilio enterprise tech
3 Enterprise Tech Stocks That Are Viable Takeover Targets in 2025 (ZM)
Discover 3 enterprise tech stocks—Twilio, DocuSign, and Zoom—poised as viable takeover targets in 2025, driven by industry growth and strategic potential.
Jefferies Upgrades Zoom Communications (ZM)
See More Headlines

ZM Stock Analysis - Frequently Asked Questions

Zoom Video Communications' stock was trading at $71.91 at the beginning of 2024. Since then, ZM shares have increased by 19.0% and is now trading at $85.60.
View the best growth stocks for 2024 here
.

Zoom Video Communications, Inc. (NASDAQ:ZM) announced its quarterly earnings data on Wednesday, August, 21st. The company reported $1.39 EPS for the quarter, beating the consensus estimate of $1.21 by $0.18. The company's quarterly revenue was up 2.1% on a year-over-year basis.

Zoom Video Communications (ZM) raised $627 million in an 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 served 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.

Top institutional shareholders of Zoom Video Communications include FMR LLC (4.04%), State Street Corp (1.98%), Pacer Advisors Inc. (1.78%) and Geode Capital Management LLC (1.49%). Insiders that own company stock include Santiago Subotovsky, Kelly Steckelberg, Velchamy Sankarlingam, Shane Crehan, Janet Napolitano, Aparna Bawa, Jonathan Chadwick and Eric S Yuan.
View institutional ownership trends
.

Shares of ZM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Zoom Video Communications investors own include NVIDIA (NVDA), Tesla (TSLA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), PayPal (PYPL) and Visa (V).

Company Calendar

Last Earnings
8/21/2024
Today
12/21/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
Computer Software
Fax
N/A
Employees
7,420
Year Founded
2011

Price Target and Rating

Average Stock Price Target
$87.10
High Stock Price Target
$115.00
Low Stock Price Target
$60.00
Potential Upside/Downside
+1.7%
Consensus Rating
Hold
Rating Score (0-4)
2.32
Research Coverage
25 Analysts

Profitability

Net Income
$637.46 million
Pretax Margin
26.32%

Debt

Sales & Book Value

Annual Sales
$4.63 billion
Cash Flow
$3.76 per share
Book Value
$28.32 per share

Miscellaneous

Free Float
273,455,000
Market Cap
$26.24 billion
Optionable
Optionable
Beta
-0.03

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This page (NASDAQ:ZM) was last updated on 12/21/2024 by MarketBeat.com Staff
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