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Exploring Analyst Estimates for Zoom Video (ZM) Q2 Earnings, Beyond Revenue and EPS
ZACKS· 2024-08-16 22:17
Wall Street analysts expect Zoom Video Communications (ZM) to post quarterly earnings of $1.21 per share in its upcoming report, which indicates a year-over-year decline of 9.7%. Revenues are expected to be $1.15 billion, up 0.9% from the year-ago quarter.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Before a company reve ...
Crypto executives clash with Democratic leaders in heated Zoom meeting
Fox Business· 2024-08-09 08:00
A virtual confab designed to repair relations between the crypto industry and the Democratic Party turned ugly Thursday morning, underscoring the uphill battle progressive crypto advocates are having trying to glean industry support for the presidential candidacy of Kamala Harris, Fox Business has learned. The Zoom meeting was hosted by California Congressman Ro Khanna with the goal of mending fences during a contentious election year with a burgeoning industry that has been the target of a massive regulato ...
Crypto industry clashes with Democratic leaders in heated Zoom meeting
Fox Business· 2024-08-09 07:16
A virtual confab designed to repair relations between the crypto industry and the Democratic Party turned ugly Thursday morning, underscoring the uphill battle progressive crypto advocates are having trying to glean industry support for the presidential candidacy of Kamala Harris, Fox Business has learned. The Zoom meeting was hosted by California Congressman Ro Khanna with the goal of mending fences during a contentious election year with a burgeoning industry that has been the target of a massive regulato ...
Wall Street Analysts See a 25.84% Upside in Zoom Video (ZM): Can the Stock Really Move This High?
ZACKS· 2024-08-02 22:56
Shares of Zoom Video Communications (ZM) have gained 0.6% over the past four weeks to close the last trading session at $58.97, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $74.21 indicates a potential upside of 25.8%.The average comprises 24 short-term price targets ranging from a low of $55 to a high of $95, with a standard deviation of $9.66. While the lowest estimate indi ...
Zoom to Release Financial Results for the Second Quarter of Fiscal Year 2025
GlobeNewswire News Room· 2024-08-01 04:05
SAN JOSE, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) today announced it will release its financial results for the second quarter of fiscal year 2025 on Wednesday, August 21, 2024, after the market closes. A live Zoom Webinar of the event can be accessed at 2:00 pm PT / 5:00 pm ET through Zoom’s investor relations website at https://investors.zoom.us. A replay will be available approximately two hours after the conclusion of the live event. About ZoomZoom’s missio ...
Zoom Video Communications (ZM) Rises But Trails Market: What Investors Should Know
ZACKS· 2024-07-27 06:52
The latest trading session saw Zoom Video Communications (ZM) ending at $60.09, denoting a +0.81% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily gain of 1.11%. Elsewhere, the Dow gained 1.64%, while the tech-heavy Nasdaq added 1.03%.Shares of the video-conferencing company witnessed a gain of 1.95% over the previous month, beating the performance of the Computer and Technology sector with its loss of 5.32% and the S&P 500's loss of 1.16%.The investment community ...
Can Zoom Video Communications Stock Outperform the S&P 500 Over the Next 5 Years? Here's What It Would Take.
The Motley Fool· 2024-07-20 19:00
This company isn't growing right now but it needs to in order to move the needle.Shares of enterprise software company Zoom Video Communications (ZM -0.47%) are down 90% from their all-time highs. The shares continued falling during the past year, declining 19% -- a stark contrast to the S&P 500's 24% gain in that same time frame.But can Zoom stock go up from here and outperform the market over the next five years? It does have some things in its favor.For starters, Zoom is a financially strong company -- i ...
Zoom Video Communications (ZM) Ascends While Market Falls: Some Facts to Note
ZACKS· 2024-07-19 06:55
Zoom Video Communications (ZM) closed the most recent trading day at $59.15, moving +0.08% from the previous trading session. The stock's change was more than the S&P 500's daily loss of 0.78%. Meanwhile, the Dow lost 1.29%, and the Nasdaq, a tech-heavy index, lost 0.7%.The video-conferencing company's shares have seen an increase of 5.14% over the last month, surpassing the Computer and Technology sector's loss of 3.17% and the S&P 500's gain of 2.14%.The investment community will be paying close attention ...
Wall Street Analysts Think Zoom Video (ZM) Could Surge 27.69%: Read This Before Placing a Bet
ZACKS· 2024-07-16 22:56
Shares of Zoom Video Communications (ZM) have gained 2.4% over the past four weeks to close the last trading session at $58.33, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $74.48 indicates a potential upside of 27.7%.The mean estimate comprises 23 short-term price targets with a standard deviation of $9.78. While the lowest estimate of $55 indicates a 5.7% decline from the c ...
Zoom: A Decline That Makes Little Sense, Buy Confidently Here (Upgrade)
Seeking Alpha· 2024-07-16 00:28
fizkes/iStock via Getty Images While the stock market has supercharged its way to new all-time highs, one major tech stock has been decidedly going the other way: Zoom (NASDAQ:ZM). It's difficult to imagine now that only a few years ago during the peak of COVID, Zoom was once one of the hottest trades on Wall Street. Despite the fact that Zoom still powers the modern fabric of how we work in a hybrid manner today, Zoom remains the pariah of the tech sector. Year to date, Zoom has shed nearly 20% of its ...