Bank of America boosted their price objective on shares of Zoom Video Communications from $75.00 to $90.00 and gave the stock a „neutral“ rating in a research report on Tuesday, November 26th. Benchmark boosted their price objective on shares of Zoom Video Communications from $85.00 to $97.00 and gave the stock a „buy“ rating in a research report on Tuesday, November 26th. Finally, Citigroup dropped their price objective on shares of Zoom Video Communications from $86.00 to $85.00 and set a „neutral“ rating for the company in a research report on Tuesday. Sixteen analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock.

If you want to buy shares in Zoom from the UK, you need an FCA-regulated stock broker that provides access to US stocks. The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Zoom is rated Zacks Rank #2 (Buy). We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends.

A market order immediately executes the order at the stock price. In Zoom’s case, the bulk of its profits in 2020 were driven by the COVID-19 pandemic that forced people to work from home. So, the big question is, “Can Zoom sustain this momentum during the post-coronavirus period?

• If you’re interested in investing in Zoom, here’s how to buy Zoom stock.
• Zoom’s cloud-based service allows people in different locations with different devices to connect face-to-face and share content via video, voice and chat.
• Also, Zoom offers three more paid packages that range from £11.99 – £15.99 per month per host.
• Zoom isn’t experiencing the level of growth it was in the early days of the pandemic, but it wasn’t reasonable to expect that streak to continue indefinitely, either.

Zoom Video Communications Key Executives

This is still a much higher price than it was trading at the same point last year. With around half of Fortune 500 companies reportedly using Zoom in 2019, it’s no surprise that Zoom’s stock price has risen drastically since the outbreak of Covid-19. The virus has caused many to work remotely, creating a larger demand for conferencing tools that enable workers and teams to keep in touch and continue collaborating.

• These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
• In 2013, Zoom officially released Zoom Meetings to the public after raising $6 million in a Series A round of funding.
• Its rise, especially in 2020, was driven by the Coronavirus pandemic, and now investors are expecting Zoom stock price to fluctuate in the future.
• It serves individuals; and education, entertainment/media, enterprise infrastructure, finance, government, healthcare, manufacturing, non-profit/not for profit and social impact, retail/consumer products, and software/Internet industries.

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Zoom Video Communications, Inc. provides unified communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. It serves individuals; and education, entertainment/media, enterprise infrastructure, finance, government, healthcare, manufacturing, non-profit/not for profit and social impact, retail/consumer products, and software/Internet industries. The company was formerly known as Zoom Communications, Inc. and changed its name to Zoom Video Communications, Inc. in May 2012. The company was incorporated in 2011 and is headquartered in San Jose, California. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.

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Some brokerages offer a more no-frills approach for investors, while others provide valuable resources such as trading support, customer education, stock analysis, and company research that can help with your investment journey. Also, consider whether you want an online-only brokerage firm or whether you’d like to open an account with a company that has a brick-and-mortar presence, like a bank. You should consider looking for brokers that offer perks like no or low minimum balance fees, fractional share investing, no or low commissions, plus minimal (if any) transaction fees.

Based on data from MarketBeat.com, Zoom Video Communications currently has a activtrades forex broker consensus rating of „Hold“ and a consensus price target of $89.48. NerdWallet, Inc. is an independent publisher and comparison service, not an investment advisor. Its articles, interactive tools and other content are provided to you for free, as self-help tools and for informational purposes only. NerdWallet does not and cannot guarantee the accuracy or applicability of any information in regard to your individual circumstances. Examples are hypothetical, and we encourage you to seek personalized advice from qualified professionals regarding specific investment issues. Our estimates are based on past market performance, and past performance is not a guarantee of future performance.

Many analysts predict that Zoom could grow its annual revenue to around the £1bn mark by 2022, a significant increase from the £662m in 2019. Besides the spike of users from coronavirus, many companies are becoming more remote. This ‘remote working revolution’ will require effective video conferencing software, such as Zoom to contribute to the revolution. CAPEX.com/en is a website operated by KW Investments Ltd, which is authorised and regulated by the Seychelles Financial Services Authority (FSA), licence number SD020. The registered office address is Suite 3, Global Village Jivan’s Complex Mahe, Seychelles. Zoom makes money by selling its platform subscriptions to everyone from single users to companies with hundreds of thousands of employees.

Fair Value of ZM stock based on Discounted Cash Flow (DCF)

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Zoom’s future profitability. By accounting for growth, it could also help you if you’re comparing the share prices of multiple high-growth companies. That’s relatively high compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 09, 2023 (20.44). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they’re over-valued. Listed on Nasdaq just six months before covid-19 hit, the stock soared as every household download the Zoom software. Replicate this sort of growth in other countries – and suddenly investors woke up to the best ecommerce stock power of the communication company.

A combination of these factors and the likelihood of social distancing lasting throughout 2022 could boost Zoom’s revenue accordingly. Following the Covid-19 pandemic that impacted many workers‘ lives throughout the world, Zoom’s stock reached a high point of approximately £570 in September 2020. Since this point, Zoom’s share price dropped slightly and is currently on a downtrend, trading for approximately £330 as of March 2021.

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Also, Zoom offers three more paid packages that range from £11.99 – £15.99 per month per host. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.

This is the question that those interested in Zoom trading have been asking as the focus now turns to post COVID-19 recovery. Trading with eToro by following and/or copying or replicating the trades of other traders involves a high level of risks, even when following and/or copying or replicating the top-performing traders. Such risks include the risk that you may be following/copying the trading decisions of possibly inexperienced/unprofessional traders, or traders whose ultimate purpose or intention, or financial status may differ from yours. Past performance of an eToro Community Member is not a reliable indicator of his future performance. Perhaps brokers are dispirited by Zoom’s relentless fall over the past 18 months.

Understanding the business, how it generates revenue and profits, where its prospects and risks lie, and its long-term growth runway are vital aspects of the research process. Diversifying your investment portfolio is a key aspect of benefiting from numerous sources of growth through the years. Investing in 25 to 30 stocks across various industries and sectors is ultimately a great Fundamental analysis of forex goal to have for your portfolio.