Zoom Video Communications, Inc. (ZM)

NASDAQ: ZM · Real-Time Price · USD
78.86
+1.11 (1.43%)
At close: Nov 20, 2024, 4:00 PM
79.00
+0.14 (0.18%)
Pre-market: Nov 21, 2024, 5:48 AM EST
1.43%
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]

Sector Technology
IPO Date Apr 18, 2019
Employees 7,420
Stock Exchange NASDAQ
Ticker Symbol ZM
Full Company Profile

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 Statements

Analyst 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.

Price Target
$76.45
(-3.06% downside)
Analyst Consensus: Hold
Stock Forecasts

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...

21 hours ago - Business Wire

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.

7 days ago - Business Wire

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

15 days ago - GlobeNewsWire

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...

22 days ago - Seeking Alpha

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...

23 days ago - Seeking Alpha

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...

4 weeks ago - Business Wire

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 ...

5 weeks ago - GlobeNewsWire

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.

Other symbols: NOW
6 weeks ago - Business Wire

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...

6 weeks ago - GlobeNewsWire

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...

6 weeks ago - GlobeNewsWire

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.

7 weeks ago - Reuters

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...

7 weeks ago - GlobeNewsWire

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...

7 weeks ago - Seeking Alpha

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.

7 weeks ago - CNBC Television

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.

2 months ago - GlobeNewsWire

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 ...

2 months ago - Seeking Alpha

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...

2 months ago - GlobeNewsWire

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.

2 months ago - GlobeNewsWire

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...

2 months ago - Seeking Alpha

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...

2 months ago - Newsfile Corp

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 ...

3 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

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...

3 months ago - Forbes

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.

3 months ago - Investopedia

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...

3 months ago - CNBC