Zoom Video Communications, Inc. (ZM)
| 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]
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 StatementsAnalyst 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.
News
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...
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Zoom Announces New 'AI Companion' Features
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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...
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.
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
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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...
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...
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...
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.
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...
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...
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.
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.
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...
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...
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.
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.
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.