Zoom Video Communications, Inc. (ZM)
| Market Cap | 19.07B |
| Revenue (ttm) | 4.53B |
| Net Income (ttm) | 637.46M |
| Shares Out | 307.56M |
| EPS (ttm) | 2.07 |
| PE Ratio | 29.95 |
| Forward PE | 12.48 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,800,159 |
| Open | 61.44 |
| Previous Close | 61.04 |
| Day's Range | 61.04 - 62.06 |
| 52-Week Range | 58.87 - 75.91 |
| Beta | -0.08 |
| Analysts | Hold |
| Price Target | 77.60 (+25.16%) |
| Earnings Date | May 20, 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, ZM'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 $77.6, which is an increase of 25.16% from the latest price.
News
Zoom: Rosenblatt upgrades the stock after positive channel checks
Catharine Trebnick, Rosenblatt senior research analyst, joins 'Money Movers' to discuss the firm's upgrade of Zoom.
Zoom and Salesforce stand to benefit from Microsoft's unbundling of Teams and Office
Microsoft's decision to untie its Teams communications app from Office bundles is a potential boon for rivals Zoom and Salesforce.
Q-SYS Control for Zoom Rooms App Now Available
COSTA MESA, Calif.--(BUSINESS WIRE)--Q-SYS, a division of QSC LLC, is pleased to announce the Q-SYS Control for Zoom Rooms App. Integrators and IT end users can now enable third-party room controls us...
Zoom and Avaya announce new strategic partnership to deliver enhanced collaboration experiences
Avaya selects Zoom‘s AI-powered collaboration platform, Zoom Workplace, to integrate with Avaya's Communication and Collaboration Suite to help enterprises reimagine teamwork Avaya selects Zoom‘s AI-p...
Zoom Video Unveils AI-Powered Collaboration Software
Zoom Workplace is part of the company's efforts to expand beyond video conferencing.
Zoom unveils AI-powered collaboration platform, Zoom Workplace, to reimagine teamwork
Zoom Workplace, the new AI-powered collaboration platform, helps reimagine teamwork, facilitate connections, and improve productivity — all within the Zoom experience users trust and love Zoom announc...
Zoom announces communications compliance solution, Zoom Compliance Manager
Zoom announced Zoom Compliance Manager, an all-in-one offering that provides archiving, eDiscovery, legal hold, and information protection capabilities.
Zoom Growth Slowdown, Snowflake Downgraded, 3M Upgraded with New CEO | Top Calls
Top calls today are Zoom Growth Slowdown, Snowflake Downgraded, 3M Upgraded with New CEO.
AMC Theaters Add ‘Zoom Rooms' Amid Remote Work Transformation
Zoom could be coming soon to a theater near you. The video conferencing platform has launched a partnership with AMC Entertainment to allow businesses to hold remote meetings and events at AMC's multi...
Trade Tracker: Josh Brown sells McDonald's and Zoom
Josh Brown, Ritholtz Wealth Management CEO, joins CNBC's "Halftime Report" to explain why he sold these two names: McDonald's and Zoom.
Zoom CFO Kelly Steckelberg goes one-on-one with Jim Cramer
Zoom CFO Kelly Steckelberg joins 'Mad Money' host Jim Cramer to talk its share repurchasing program, investing in growth, the state of remote work and more.
Our customers tell us they prefer Zoom over Microsoft Teams, says Zoom CFO Kelly Steckelberg
Zoom CFO Kelly Steckelberg joins 'Mad Money' host Jim Cramer to talk its share repurchasing program, investing in growth, the state of remote work and more.
Zoom CFO explains how the company serves remote and in-person workers
In an interview with CNBC's Jim Cramer, Zoom CFO Kelly Steckelberg detailed how the company has expanded its offerings beyond video conferencing.
Final Trades: Zoom Video, Estee Lauder, Ulta Beauty and Ebay
Today's ‘Halftime Report' Investment Committee, Stephanie Link, Jason Snipe, Josh Brown and Rob Sechan give their top picks to watch for the second half.
Zoom Video shares gain on strong results, $1.5-bln buyback
Zoom Video Communications' shares gained nearly 13% in premarket trading on Tuesday after the company delivered better-than-expected results and announced a share buyback of up to $1.5 billion.
Will Zoom Ever Soar Again?
Latest results helped by low expectations and a stock buyback, though growth remains sluggish.
Zoom Video Stock Soars As Company Issues Upbeat Earnings Guidance—Watch This Key Level
Zoom Video (ZM) shares jumped more than 10% in extended-hours trading on Monday after the company topped analysts' quarterly estimates and issued better-than-expected current-quarter and full-year ear...
Zoom's stock jumps 10% on strong results, guidance amid AI push
Zoom Video Communications Inc.'s stock surged in extended trading Monday, after the videoconferencing company topped expectations across the board with its financial results and forecasts. The company...
Zoom Q4 earnings beats on top and bottom lines, stock higher
Zoom Video Communications (ZM) reported fourth-quarter earnings that topped analyst estimates. Adjusted earnings per share of $1.42 trounced estimates of $1.15.
Zoom shares jump as quarterly results beat on top and bottom lines
Zoom's growth has moderated dramatically since the Covid pandemic, and the company is projecting a revenue increase of less than 2% for the current fiscal year.
Zoom stock rallies on Q4 earnings report
Zoom Video Communications Inc is trading up in extended hours on Monday after reporting upbeat results for its fiscal fourth quarter. This is a developing story.
Zoom forecasts annual revenue below estimates
Zoom Video Communications forecast fiscal-year 2025 revenue below market expectations on Monday on signs of weak demand for its product portfolio, as employers move away from hybrid work models.
Zoom Video Communications Reports Fourth Quarter and Fiscal Year 2024 Financial Results
SAN JOSE, Calif., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM), a platform delivering limitless human connection, today announced financial results for the fourth qua...
Trading Strategies for Zoom Communication Stock Before And After Q4 Earnings - Zoom Video Comms (NASDAQ:ZM)
Zoom Video Communications, Inc ZM was trading near flat on Monday, as the company headed into its fourth-quarter earnings print after the market close.