It connects people through frictionless video, voice, chat and content sharing, and enable face-to-face video experiences for thousands of people in a single meeting across disparate devices and locations. It focuses on customer and employee happiness, a video-first cloud architecture, recognized market leadership, viral demand, an efficient go-to-market strategy, and robust customer support. View insider buying and selling activity for Zoom Video zm stock price Communications or or view top insider-buying stocks. Zoom Video Communications issued an update on its FY 2023 earnings guidance on Monday, March, 28th. The company provided earnings per share guidance of $3.450-$3.510 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.400. The company issued revenue guidance of $4.53 billion-$4.55 billion, compared to the consensus revenue estimate of $4.71 billion.
- MarketBeat’s community ratings are surveys of what our community members think about Zoom Video Communications and other stocks.
- Zoom, which was founded in 2011 and is headquartered in San Jose, California, serves companies of all sizes from all industries around the world.
- Additionally, trading for the stock in the period of the last six months notably deteriorated by -65.12%, alongside a downfall of -67.99% for the period of the last 12 months.
- Operating Margin for any stock indicates how profitable investing would be, and Zoom Video Communications Inc. shares currently have an operating margin of +27.57 and a Gross Margin at +74.28.
- Learn about financial terms, types of investments, trading strategies and more.
- According to 21 Wall Street analysts that have issued a 1 year ZM price target, the average ZM price target is $259.81, with the highest ZM stock price forecast at $480.00 and the lowest ZM stock price forecast at $100.00.
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Slashing Zoom Stock Fair Value To $160
"Recent macroeconomic factors have pushed automotive retail into recession," the company said in a statement sent to CBS MoneyWatch. Carvana, which sells online and delivers used vehicles DotBig to buyers, said the layoffs represent 12% of its workforce. The reaction on social media, including among people who said they were cut in the round of layoffs, was negative.
Visit a quote page and your recently viewed tickers will be displayed here. Out of 23 analysts, 8 (34.78%) are recommending ZM as a Strong Buy, 2 (8.7%) are recommending ZM as a Buy, 12 (52.17%) are recommending ZM as a Hold, 1 (4.35%) are recommending ZM as a Sell, and 0 (0%) are recommending ZM as a Strong Sell. The two purple boxes show recent gaps and I suspect one if not both of these will likely fill in the next day or 2 .
Exane BNP Paribas have made an estimate for Zoom Video Communications Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on March 29, 2022. The new note on the price target was released on March 15, 2022, representing the official price target for Zoom Video Communications Inc. stock. Previously, the target price had yet another drop from $140 to $100, while Wolfe Research kept a Peer Perform rating on ZM stock. On March 01, 2022, analysts decreased their price target for ZM shares from 200 to 145. We see a long runway for growth as the company gains traction with Zoom Phone and evolves its main application to a communication platform, and we are impressed by management’s ability to overdeliver in terms of both growth and margins. Given exceptional results, strong guidance, and our annual model roll, we are once again raising our estimates, which drives our fair value estimate to $223 per share from $176.
Zoom Video Communications Inc Stock Outperforms Market On Strong Trading Day
Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price. MarketBeat empowers individual investors to make better trading decisions https://dotbig.com/ by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. 29 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Zoom Video Communications in the last twelve months.
Bull Market Stocks To Buy If You Are Still Feeling Confident
On average, Wall Street analysts predict that Zoom’s share price could reach $259.81 by Mar 15, 2023. The average https://dotbig.com/markets/stocks/ZM/ prediction forecasts a potential upside of 186.51% from the current ZM share price of $90.68.