Real-time analyst ratings, insider transactions, earnings data, and more. Zoom Video Communications has received a consensus rating of Hold. The company’s average rating score is 2.31, and is based on 11 buy ratings, 16 hold ratings, and 2 sell ratings. Atul Auto shares have gained 24 per cent in last four sessions. Atul https://www.finam.ru/profile/forex/usd-rub/secondary/ Auto stock is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages. The Zoom Video Communications 52-week low stock price is 71.69, which is 6.4% below the current share price. The Zoom Video Communications 52-week high stock price is 291.31, which is 280.3% above the current share price.
So let’s look at a play that can provide a buffer down… View our full suite of financial calendars and market data tables, all for free. Zoom Video Communications’ stock was trading at $183.91 on January 1st, 2022. Since then, ZM shares have decreased by 58.4% and is now trading at $76.59. Zoom stock offers investors a nice margin of safety today and plenty of upside over the long run. The company will face some growing pains over the next year or so, but its long-term business trajectory remains intact. Remote work is clearly here to stay, and Zoom is one of the top players in the videoconferencing arena.
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 DotBig 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…
Nasdaq: Zm
Shares of Zoom have tumbled more than 57% this year as rising rates hit growth stocks particularly hard. The video conferencing company skyrocketed nearly 400% in 2020 as the pandemic boosted consumer demand for its service. "This is an enterprise communications play, not a consumer play. Same with Teladoc," Wood said. "Teladoc is building the information backbone, which is going to unite https://dotbig.com/markets/stocks/ZM/ hospitals, doctors, insurance companies and patients over time." Teladoc is also having a rough year, with shares down nearly 70%. The telehealth company also enjoyed massive growth in 2020 as the stock rallied 138% that year. Wood reiterated that innovation solves problems and her tech darlings are poised to stage a big comeback as interest rates and inflation expectations peak.
- Mackenzie Financial Corp lifted its holdings in Zoom Video Communications by 21.2% in the 4th quarter.
- A number of other brokerages have also recently weighed in on ZM.
- Zoom Video Communications seems to create the most significant positive value in categories "Taxes", "Relationships", and "Jobs".
- But its solid finances and premium market position are valuable assets in the fight, implying that the company will be larger in a few years than it is today.
- CNB Bank now owns 1,676 shares of the company’s stock worth $196,000 after purchasing an additional 712 shares during the last quarter.
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Marketwatch
It has remained solidly profitable and cash rich through the first half of its fiscal 2023, which ended in late July. Management also predicts that Zoom will generate nearly $1.5 billion in operating earnings this year despite worsening sales trends. Millions of zm stock price today people have turned to it to connect with each other. Annual sales are comfortably above $4 billion today compared to less than $1 billion pre-pandemic, and its video communication platform has become an essential service for many large and small enterprises.
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.
Recent News
BTIG Research cut Zoom Video Communications from a “buy” rating to a “neutral” rating in a research report on Tuesday, August 23rd. Finally, Mizuho lowered their price objective on Zoom Video Communications from $190.00 to $120.00 and set https://dotbig.com/markets/stocks/ZM/ a “buy” rating on the stock in a research report on Tuesday, August 23rd. Two investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and eleven have issued a buy rating to the company’s stock.
Is Zoom Stock A Good Long
Technology stocks have already been crushed by macro challenges and could remain u… The company said Lee will oversee all facets of global security "including cloud https://dotbig.com/ and application security, operations, threat management, penetration testing, risk and customer trust." Corporate clients could boost Zoom stock but Microsoft looms.
Looking At Zoom Video Comms’s Recent Whale Trades
By using the site you agree and are held liable for your own investment decisions and agree to the Terms of Use and Privacy Policy.Please read the full disclaimer here. Today we have ZM on the daily chart With the huge sell offs in the market we still see much more downside on the table especially for growth and tech stocks like DotBig ZM. We offered a bullish outlook that would have an inverse Head & Shoulders forming However to complete the right shoulder we would still need to sell down into the low High 90s We do have… Last week we had both bearish engulfing weekly and monthly close. We expect the downtrend to continue and retest lows from 2019.
Zoom Video Communications Estimates* In Usd
HM Payson & Co. lifted its holdings in Zoom Video Communications by 9.4% in the 4th quarter. HM Payson & Co. now owns 804 shares of the company’s stock valued https://dotbig.com/ at $148,000 after purchasing an additional 69 shares in the last quarter. Lifted its holdings in Zoom Video Communications by 128.3% in the 4th quarter.