Zoom Video Communications, Inc. (ZM)
Market Cap | 24.27B |
Revenue (ttm) | 4.59B |
Net Income (ttm) | 875.37M |
Shares Out | 307.79M |
EPS (ttm) | 2.79 |
PE Ratio | 28.23 |
Forward PE | 15.13 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 2,287,318 |
Open | 77.88 |
Previous Close | 77.75 |
Day's Range | 77.88 - 79.24 |
52-Week Range | 55.06 - 87.15 |
Beta | -0.05 |
Analysts | Hold |
Price Target | 76.45 (-3.06%) |
Earnings Date | Nov 25, 2024 |
About ZM
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 ro... [Read more]
Financial Performance
In 2023, Zoom Video's revenue was $4.53 billion, an increase of 3.06% compared to the previous year's $4.39 billion. Earnings were $637.46 million, an increase of 514.69%.
Financial StatementsAnalyst Forecast
According to 21 analysts, the average rating for ZM stock is "Hold." The 12-month stock price forecast is $76.45, which is a decrease of -3.06% from the latest price.
News
Jenne, Inc. Expands Its Portfolio With the Addition of Zoom: Elevating Unified Communications Solutions for Customers
AVON, Ohio--(BUSINESS WIRE)-- #AI--Jenne, Inc., a premier value-added distributor of technology products and solutions, is excited to announce a significant expansion of its portfolio with the additio...
Korbyt Becomes the First Digital Signage Partner to Join the Zoom ISV Exchange Program
DALLAS--(BUSINESS WIRE)-- #communications--Korbyt becomes the first digital signage partner to join the Zoom ISV Exchange Program.
Zoom Honors Carahsoft With 2024 Americas Distributor Partner Award
Award Recognizes Carahsoft's Success in Delivering Zoom Solutions to Government Agencies Award Recognizes Carahsoft's Success in Delivering Zoom Solutions to Government Agencies
Consider Buying Cheap Zoom Video Stocks As The Work-From-Home Trend Continues To Strengthen
Zoom Video's growth is well-positioned to accelerate due to the increasing trend of remote work and reduced business travel spending. The company's low churn rate and strong cash flow, coupled with it...
Zoom After Bust Could Be A Solid Long-Term Investment (Rating Upgrade)
Despite a 90% stock price collapse, Zoom's solid financials and reasonable valuation suggest it could be a long-term "Buy," though its economic moat remains questionable. Q2/25 results show modest rev...
Zoom and Suki Plan to Provide AI-generated Clinical Notes to Healthcare Institutions
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Suki, the leader in artificial intelligence (AI) technology for healthcare, today announced plans to partner with AI-first work platform and leading telehealth p...
Zoom named a Leader in the 2024 Gartner® Magic Quadrant™ for UCaaS, Worldwide
SAN JOSE, Calif., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM), today announced that Gartner has named Zoom a Leader in the 2024 Gartner® Magic Quadrant™ for Unified ...
ServiceNow and Zoom Usher in Era of Intelligence to Help Manage Actions for Peak Productivity
SAN JOSE, Calif.--(BUSINESS WIRE)--ServiceNow and Zoom usher in era of intelligence to help manage actions for peak productivity.
Zoomtopia 2024: Unveiling AI-first work platform innovations
Next generation of Zoom AI Companion to pull in information from across Zoom Workplace, empowering users to get more done New custom add-on for AI Companion to offer advanced customization capabilitie...
Zoom Phone Now Available in India
Multinational organizations and businesses can now have access to Zoom India's first cloud phone solution licensed by the Department of Telecommunications (DoT) India Multinational organizations and b...
Zoom taps Microsoft veteran Chang as finance chief
Zoom Video Communications on Tuesday named Microsoft executive Michelle Chang as its chief financial officer, effective Oct. 7.
Zoom Appoints Michelle Chang as Chief Financial Officer
SAN JOSE, Calif., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications (NASDAQ: ZM), today announced that Michelle Chang has been appointed as its Chief Financial Officer (CFO), effective Octob...
Zoom: The Rebound Rally Has Just Begun
Zoom has been on an upward trend since its Q2 earnings release, owing to the company's stronger RPO bookings and its commitment to lower stock dilution. With a modest valuation and significant cash re...
Zoom deserves another look from investors despite its weak growth, says MAI Capital's Chris Grisanti
Chris Grisanti, MAI Capital Management chief equity strategist, joins 'Power Lunch' to discuss the recently-public companies that Grisanti favors, Grisanti's thoughts on Airbnb, and much more.
Zoom introduces new advanced enterprise offerings to boost efficiency, reliability, security, and compliance for enterprise organizations
Zoom announced several new add-on products and functionalities to further strengthen its advanced enterprise offerings portfolio for the Zoom platform.
Zoom: Ready To Move Higher (Rating Upgrade)
Zoom's stock has stabilized after a significant decline, showing improved financial performance and potential for growth, with strong Q2 results and positive customer metrics. Despite underperforming ...
Zoom and Mitel announce strategic partnership to deliver differentiated AI-first hybrid communications and collaboration solution for enterprises worldwide
Mitel selects Zoom to jointly develop an exclusive hybrid offering with bi-directional capabilities between Zoom Workplace and Mitel communications platforms; enables Mitel customers with a path to tr...
Zoom for Government Platform Expands With Zoom AI Companion, Receives FedRAMP® JAB Authorization
The Federal Risk and Authorization Management Program (FedRAMP®) Joint Authorization Board (JAB) authorized Zoom AI Companion as a JAB Moderate system.
Zoom Video Communications, Inc. (ZM) Goldman Sachs Communacopia + Technology Conference (Transcript)
Zoom Video Communications, Inc. (NASDAQ:ZM) Goldman Sachs Communacopia + Technology Conference September 9, 2024 2:30 PM ET Company Participants Eric Yuan - Founder and Chief Executive Officer Confer...
SIGMA Announces 28-105mm F2.8 DG DN | Art Lens, a New Fast-Aperture Zoom with Extended Reach
Ronkonkoma, New York--(Newsfile Corp. - September 5, 2024) - SIGMA Corporation of America, the US subsidiary of SIGMA Corporation (CEO: Kazuto Yamaki. Headquarters: Asao-ku, Kawasaki-shi, Kanagawa, Ja...
Zoom Goes Vertical: Prepare To Buy The Dip
Zoom's stock surged by about 30% after exceeding earnings estimates and providing strong guidance, yet remains undervalued with a P/E ratio of around 13. Zoom's fiscal 2025 Q2 earnings beat consensus ...
Zoom: Strong Bookings Indicate Growth Trough Is Behind Us
Zoom's stock surged 17% after exceeding 2Q FY2025 expectations and raising guidance, signaling potential for growth inflection. Management indicates growth driven by upmarket clients, suggesting deman...
Zoom Video Communications Stock Is Up 13% In A Day, Why?
Zoom Video Communications stock (NASDAQ: ZM) price rose 13.1% on 22nd August, as compared to a nearly 1% decrease in the S&P500 index. In sharp contrast, Zoom Video Communications' peer Microsoft (NAS...
The Stock of This Pandemic Era Winner Surged 13% on Thursday—Here's Why
Zoom Video Communications (ZM) shares popped Thursday after the provider of remote video services reported better-than-expected results and provided a rosy outlook as it held on to more customers.
Zoom stock has best day in almost two years on quarterly results, increased guidance
Zoom shares jumped on Thursday after the company reported better-than-expected results for the second quarter and lifted its full-year guidance. Revenue for fiscal 2025 will be between $4.63 billion a...