Zoom Video Communications, Inc. (ZM)
| Market Cap | 20.65B |
| Revenue (ttm) | 4.50B |
| Net Income (ttm) | 234.59M |
| Shares Out | 304.42M |
| EPS (ttm) | 0.75 |
| PE Ratio | 90.44 |
| Forward PE | 14.92 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,923,808 |
| Open | 68.39 |
| Previous Close | 67.95 |
| Day's Range | 67.25 - 68.68 |
| 52-Week Range | 58.87 - 85.13 |
| Beta | -0.16 |
| Analysts | Hold |
| Price Target | 80.11 (+18.1%) |
| 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 20 analysts, the average rating for ZM stock is "Hold." The 12-month stock price forecast is $80.11, which is an increase of 18.10% from the latest price.
News
Why Nvidia Stock May Have Peaked — And What Investors Can Learn From Zoom
Demand for Nvidia's graphics processing units has been exceeding supply, thanks to the rise of generative artificial intelligence.
Zoom CFO on Expanding the Platform, AI Tools
Zoom CFO Kelly Steckelberg joins Caroline Hyde and Ed Ludlow to discuss the company's recent earnings results and how it is expanding the platform into a full-collaboration and communication tool to d...
Zoom CFO discusses Q3 earnings, new products, AI risks
Zoom (ZM) topped third-quarter expectations and lifted its 2024 outlook, fueled partly by strong customer loyalty and expanding usage of tools beyond the company's standard video meetings. CFO Kelly S...
Zoom CFO Kelly Steckelberg on Q3 earnings beat, OpenAI partnership
Zoom CFO Kelly Steckelberg joins 'Squawk Box' to discuss the company's quarterly earnings results, which posted better than expected third quarter results on top and bottom lines, OpenAI partnership, ...
Zoom Video Communications: A tech phoenix ready to rise
Tech start-ups like Zoom Video Communications Inc. NASDAQ: ZM have had a hard time in 2023, but the story is rapidly changing. Zoom, like others, reported a better-than-expected third quarter, reveali...
Zoom Video Hunts for New Growth. Analysts Say It's Possible but Not Certain.
The company showed progress on improving profitability and reducing the churn of lower-paying customers in its most recent earnings.
Zoom beats Q3 expectations on AI offerings
Zoom Video Communications Inc (NASDAQ: ZM) just reported market-beating results for its fiscal third quarter. Its shares are up slightly in extended hours.
Zoom shares jump after company raises sales and profit forecast
Shares of Zoom Video Communications Inc. moved higher in after-hours trading on Monday after the videoconferencing platform raised its full-year sales and profit outlook.
Zoom Video Communications Reports Financial Results for the Third Quarter of Fiscal Year 2024
SAN JOSE, Calif., Nov. 20, 2023 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM), today announced financial results for the third fiscal quarter ended October 31, 2023.
Three-Stock Lunch: Gap, App. Materials & Zoom
Jerry Castelli, Castleark Management CIO, joins ‘Power Lunch' to discuss three stocks: Gap, App. Materials and Zoom.
Jugo spaces unwraps premium immersive meetings at half the cost of Zoom, spreading holiday cheer and reconnecting teams
NEW YORK & LONDON--(BUSINESS WIRE)--Jugo spaces, an immersive meetings platform committed to redefining digital communication and collaboration, is unpacking survey data that reveals virtual meetings ...
PCI Pal Teams up with Zoom to Create Exceptional Secure Payment Experiences
CHARLOTTE, N.C.--(BUSINESS WIRE)--PCI Pal (LON: PCIP), the global SaaS provider of secure payment solutions for business communications, today announced it has joined forces with Zoom Video Communicat...
Zoom boomed during the pandemic, but the return-to-work drive means it's ready for a radical change
Zoom was a rare pandemic success story. But as people return to the office, Zoom needs to branch out from virtual meetings, its key feature.
Zoom AI Companion hits one million meeting summaries milestone
AI Companion will expand support for 32 new languages, new capabilities for Zoom Events, in-meeting questions, and meeting coaching AI Companion will expand support for 32 new languages, new capabilit...
Better together: Lumen and Zoom simplify the VoIP phone experience for businesses
Combining the Lumen network with Zoom's cloud-phone services saves money and boosts reliability DENVER, Oct. 25, 2023 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) today announced it has expanded i...
Imperative Care Announces Positive New Data Demonstrating the Use of Zoom Aspiration Catheters is Associated with Lower Procedural Cost in Patients with Acute Ischemic Stroke
CAMPBELL, Calif.--(BUSINESS WIRE)--Imperative Care, a medical technology company developing connected innovations to elevate care for people affected by stroke and other ischemic diseases, today annou...
Final Trades: PFE, HYG, ZM & DAL
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
The 5 Most Upgraded Stocks For October: AI All the Way
The list of Most Upgraded Stocks for October, those stocks with the most upgrades in September, is a surprising lot. The list includes five names with one thing in common: AI.
Theta Lake Wins 2023 Zoom Platform ISV Connect Partner of the Year in Zoom Partner Sales Awards
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Theta Lake is a recipient of the 2023 Zoom Partner Awards from Zoom Video Communications, Inc., commending the company's impactful achievements and ingenuity. T...
Smarsh Named Zoom's 2023 Zoom Meetings/Rooms ISV Connect Partner of the Year
SAN JOSE, Calif.--(BUSINESS WIRE)--Smarsh has been named the 2023 Zoom Meetings/Rooms Independent Software Vendor (ISV) Connect Partner of the Year.
Zoom takes on Microsoft, Google with its own word-processing app
Zoom Video Communications Inc.'s stock has been battered by a two-pronged menace in the post-lockdown era: A gradual return to work and blistering competition from Microsoft Corp. and Alphabet Inc.'s ...
Zoomtopia 2023: One platform delivering limitless human connection
SAN JOSE, Calif., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Today Zoom Video Communications, Inc. (NASDAQ: ZM) kicked off Zoomtopia 2023, the company's annual event, unveiling new platform innovations underpi...
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...
