Zoom Video Communications, Inc. (ZM)

NASDAQ: ZM · IEX Real-Time Price · USD
+1.61 (2.36%)
At close: Sep 29, 2023, 4:00 PM
+0.01 (0.01%)
After-hours: Sep 29, 2023, 7:56 PM EDT
Market Cap 21.05B
Revenue (ttm) 4.46B
Net Income (ttm) 141.73M
Shares Out 300.96M
EPS (ttm) 0.46
PE Ratio 152.04
Forward PE 15.72
Dividend n/a
Ex-Dividend Date n/a
Volume 2,824,928
Open 69.13
Previous Close 68.33
Day's Range 69.12 - 71.08
52-Week Range 60.45 - 89.67
Beta -0.22
Analysts Hold
Price Target 82.28 (+17.64%)
Earnings Date Nov 20, 2023

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 8,484
Stock Exchange NASDAQ
Ticker Symbol ZM
Full Company Profile

Financial Performance

In 2022, ZM's revenue was $4.39 billion, an increase of 7.15% compared to the previous year's $4.10 billion. Earnings were $103.70 million, a decrease of -92.46%.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for ZM stock is "Hold." The 12-month stock price forecast is $82.28, which is an increase of 17.64% from the latest price.

Price Target
(17.64% upside)
Analyst Consensus: Hold
Stock Forecasts


SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating Zoom Video Communications, Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors

NEW YORK , Sept. 22, 2023 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty clai...

9 days ago - PRNewsWire

Oil prices tick up as markets zoom in on supply tightness

Oil prices edged higher on Thursday, after dipping slightly in the previous session, as markets refocused on expectations of tight crude supply for the rest of 2023.

17 days ago - Reuters

Final Trades: Oracle, Zoom, Berkshire Hathaway & more

The "Halftime Report" traders give their top picks to watch for the second half.

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23 days ago - CNBC Television

Zoom launches AI Companion to summarize meetings for late attendees

It can also answer specific questions about meeting content and automatically generate summaries, identify important information, and

25 days ago - VentureBeat

Live at Bild Expo; Angenieux Announces Long Anticipated EZ-3 Cinema Zoom Lens

NEW YORK--(BUSINESS WIRE)-- #Apple--B&H Introduces the EZ-3 Convertible S35 and FF/Vista Cinema zoom lens making it easy to swap your lens between Super 35 and Full Frame/Vista Vision cameras without ...

25 days ago - Business Wire

Zoom Announces New 'AI Companion' Features

Formerly Zoom IQ, updates to the generative AI tool will roll out over the coming months and be available at no extra cost if you already pay for Zoom.

25 days ago - CNET

Zoom CEO says FTC should look into Microsoft Teams bundling in U.S.

Zoom Video Communications Inc. ZM, +2.18% Chief Executive Eric Yuan on Tuesday said the Federal Trade Commission should look into Microsoft Corp.'s MSFT, +1.49% bundling of its Teams videoconferencing...

Other symbols: MSFT
25 days ago - Market Watch

Zoom rebrands existing — and intros new — generative AI features

To stay competitive in the crowded market for videoconferencing, Zoom is updating and rebranding several of its AI-powered features, including the generative AI assistant formerly known as Zoom IQ.

26 days ago - TechCrunch

Zoom introduces Zoom AI Companion — available at no additional cost with paid Zoom user accounts

New generative AI-powered assistant helps improve collaboration and productivity New generative AI-powered assistant helps improve collaboration and productivity

26 days ago - GlobeNewsWire

Here are 5 Beaten Up Enterprise Software Stocks Ready to Rebound

Enterprise software stocks have been beaten up badly over the last year. Fears of slowing growth, high valuations, and looming recession have all played a part.

4 weeks ago - MarketBeat

Cathie Wood Sells Nvidia Stock Ahead of Earnings, Buys More Zoom Shares

The investor's ARK Innovation Fund dumped the stock in January, missing out on most of the chip maker's meteoric 212% rise so far in 2023.

Other symbols: NVDA
5 weeks ago - Barrons

Zoom Raises Profit Outlook, New Products Planned

Zoom's Chief Financial Officer Kelly Steckelberg discusses the company's second quarter earnings results after it raised its annual forecasts, a sign of progress on its effort to sell more products to...

5 weeks ago - Bloomberg Technology

4 Reasons Zoom Video is Ready to Rock Into a Reversal

Technicals aside, there are several reasons why Zoom Video Communications NASDAQ: ZM is ready to rock into a reversal. The point is that the stock is down more than 87% off its pandemically-driven hig...

5 weeks ago - MarketBeat

Zoom CFO Kelly Steckelberg on Q2 earnings, return to work policy

Zoom CFO Kelly Steckelberg joins 'Squawk Box' to discuss the company's quarterly earnings results, which beat on top and bottom lines and raised its full-year guidance, return to work policy, and more...

5 weeks ago - CNBC Television

Here are the 18 stocks Jim Cramer is watching, including a big Goldman call on AI names

Here are some of the tickers on my radar for Tuesday, Aug. 22 taken directly from my reporter's notebook.

5 weeks ago - CNBC

Zoom Delivered a Beat. Why Wall Street Is Wary of Betting on a Rebound.

Corporate layoffs and a weak macroeconomic environment are reasons to be cautious around Zoom Video Communications stock.

5 weeks ago - Barrons

Zoom Video stock climbs after earnings, Activision Blizzard advances on Microsoft pact and other stocks on the move

Activision Blizzard shares ATVI, +0.28% rose 1% after Microsoft reached a deal with Ubisoft Entertainment to license the cloud streaming rights to Activision games, in an attempt to secure approval fr...

5 weeks ago - Market Watch

CFRA analyst says “M&A is a strong possibility for Zoom” after a solid Q2

Zoom Video Communications Inc (NASDAQ: ZM) jumped nearly 5.0% in extended hours after reporting better-than-expected results for its fiscal second quarter. Zoom stock up on strong guidance Shareholder...

5 weeks ago - Invezz

M&A is a strong possibility for Zoom, it needs to acquire new technologies, says CFRA's Keith Snyder

Keith Snyder, CFRA Analyst, joins 'Closing Bell Overtime' to talk Zoom's quarterly earnings results and what's ahead for the company.

5 weeks ago - CNBC Television

Zoom shares jump as CEO says company to develop and deploy AI tools

Shares of Zoom jumped in after-hours trading Monday after the company said it expects to rake in stronger-than-expected earnings in the rest of this fiscal year.

5 weeks ago - CNN Business

Zoom stock pops on earnings beat, guidance raise

Shares of Zoom Video Communications (ZM) jumped in after-hours trading. The company reported second quarter results that beat on both the top and bottom lines, with adjusted earnings per share of $1.3...

5 weeks ago - Yahoo Finance

Zoom Raises Profit and Sales Forecasts

Zoom Video Communications Inc. raised its profit and sales forecast for the fiscal year, a positive sign for the software maker's plan to expand products beyond its namesake videoconferencing software...

5 weeks ago - Bloomberg Markets and Finance

Zoom beats expectations and lifts full-year guidance on enterprise business strength

While the consumer part of Zoom doesn't look as strong as it once did, the enterprise side looks robust enough for executives to raise their forecast.

5 weeks ago - CNBC

Zoom's stock pops 7% on strong results, guidance

Zoom Video Communications Inc.'s stock climbed in extended trading Monday, after the videoconferencing company topped expectations across the board with its financial results and forecasts.

5 weeks ago - Market Watch

Zoom Video Communications Reports Financial Results for the Second Quarter of Fiscal Year 2024

SAN JOSE, Calif., Aug. 21, 2023 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM), today announced financial results for the second fiscal quarter ended July 31, 2023.

5 weeks ago - GlobeNewsWire