zoom stock price

Private Capital Group LLC now owns 260 shares of the company’s stock valued at $31,000 after acquiring an additional 184 shares during the period. Finally, Global Wealth Management Investment Advisory Inc. raised its stake in Zoom Video Communications by 63.3% in the 1st quarter. Global Wealth Management Investment Advisory Inc. now owns 294 shares of the company’s stock valued at $34,000 after acquiring an additional 114 shares during DotBig the period. Institutional investors own 52.86% of the company’s stock. As expected, the company’s growth dragged in its second quarter compared to a year ago. That’s quite the slowdown from its 54% growth in the same quarter last year, and during the same timeframe, its adjusted earnings per share declined 22.8% from $1.36 to $1.05. For the full year, Wall Street analysts forecast its top line to expand just 7.2% to $4.39 billion.

  • The Zoom Video Communications 52-week high stock price is 291.31, which is 280.3% above the current share price.
  • That makes sense in a way — COVID-19-related lockdowns triggered an abrupt shift to remote work, which in turn led to rapid adoption of the company’s services.
  • StockInvest.us is a research service that provides financial data and technical analysis of publicly traded stocks.
  • This may be an early warning and the risk will be increased slightly over the next couple of days.
  • The Motley Fool has positions in and recommends Best Buy, Microsoft, and Zoom Video Communications.
  • The company will face some growing pains over the next year or so, but its long-term business trajectory remains intact.

On average, Wall Street analysts predict that Zoom’s share price could reach $119.55 by Sep 23, 2023. The average DotBig prediction forecasts a potential upside of 56.08% from the current ZM share price of $76.59. According to 22 Wall Street analysts that have issued a 1 year ZM price target, the average ZM price target is $119.55, with the highest ZM stock price forecast at $235.00 and the lowest ZM stock price forecast at $76.00.

Looking At Zoom Video Comms’s Recent Whale Trades

Analysts also expect its adjusted earnings per share to drop 26.6% to $3.72 compared to $5.07 last year. Although Zoom’s growth picture could be temporarily rerouted, there’s still plenty to like about the videoconferencing company. Zoom Video Communications, Inc provides unified communications platform in the Americas, the Asia Pacific, Europe, the Middle https://ru.investing.com/news/ East, and Africa. Although the company reported better than expected EPS on Monday the shares dropped on expectations for weak results in the next earnings season. The end of the COVID restrictions pushed people to return to work and rely less on video conference calls. The next price target is located at the major support level of $60 Risk…

zoom stock price

The soaring demand for this "red rock" may be the most important development in 2022. It’s key in the transition to the new green energy economies. Bloomberg News warns… "Within a decade, the world may face a massive shortfall of what’s arguably the most critical metal for global economies." Copper prices have nearly doubled in the past year. Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns. Demitri Kalogeropoulos has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Best Buy, Microsoft, and Zoom Video Communications. Many companies went overboard in their spending just before demand trends decelerated, causing painful earnings declines.

Hedge Funds Weigh In On Zoom Video Communications

MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies, and more. MarketBeat All https://dotbig.com/ Access members have access to premium reports, best-in-class portfolio monitoring tools, and our latest stock picks. 450 employees have rated Zoom Video Communications Chief Executive Officer Eric S. Yuan on Glassdoor.com. Eric S. Yuan has an approval rating of 97% among the company’s employees.

zoom stock price

In any case, Zoom’s biggest targets — business productivity and communication — are likely to be much larger in 2027 than they are today. The company has put itself in a leadership position, too, along with the likes of Microsoft. And Zoom shares some of the software titan’s financial strength, but not its diversity of product offerings. StockInvest.us is a research service that provides financial data and technical analysis of publicly traded stocks. All users should speak with their financial advisor before buying or selling any securities. Users should not base their investment decision upon StockInvest.us.

This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to There’s no telling whether Zoom will succeed with this strategy. But its solid finances and premium market position zm stock price today are valuable assets in the fight, implying that the company will be larger in a few years than it is today. Investors who can stomach the likely continued volatility over the short term might look back and be glad they held on to this stock.

Buy Box Stock, Sell Docusign, Morgan Stanley Advises

All these factors mean Zoom can be aggressive in attacking new growth initiatives, like acquisitions or the expansion of its communications platform into new niches. Management can also temporarily scale back on those ambitions in the next year or so if a recession develops, https://dotbig.com/ without needing a costly restructuring of its business. Sign-up to receive the latest news and ratings for Zoom Video Communications and its competitors with MarketBeat’s FREE daily newsletter. 52.86% of the stock of Zoom Video Communications is held by institutions.

Be The First To Know When Wall Street Analysts Revise Their Zm Stock Forecasts And Price Targets Get Free Zm Updates

Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $129.26. Stifel Nicolaus dropped their target price on shares of Zoom Video Communications zoom stock price today from $120.00 to $90.00 in a research report on Tuesday, August 23rd. Evercore ISI lowered their price target on shares of Zoom Video Communications to $95.00 in a research report on Tuesday, August 23rd.

Huge users base that will be leveraged with more added value services. Positive Divergences are developing in many stocks as they reach strong support levels. NVDA, SYNH and ZM are examples that showed signs of the run down ending as volume indicators diverged upward against the decline. This is an early buy to cover signal https://dotbig.com/markets/stocks/ZM/ for short positions. Check out the trade plan for ZM today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. More importantly, we have seen 95% of gains happen since the pandemic has got wiped off completely by now.

Zoom Video Communications

If Zoom Video Communications, Inc. takes out the full calculated possible swing range there will be an estimated 8.47% move between the lowest and the highest trading price during the day. Zoom stock upgraded from Sell Candidate to Hold/Accumulate after Friday trading session. The essence of investing & trading https://dotbig.com/markets/stocks/ZM/ is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. One share of ZM stock can currently be purchased for approximately $76.59. MarketBeat has tracked 6 news articles for Zoom Video Communications this week, compared to 7 articles on an average week.