Zoom Video Comms’s Options: A Look at What the Big Money is Thinking Zoom Video Comms NASDAQ:ZM
During that period, its net income of $339 million surged 63% higher. Still, operating income fell during that period, and much of the gain came from $114 million in “other income,” which consists of income from interest, foreign currency, and marketable securities. Unfortunately for Zoom bulls, that “increase” is likely a one-time event. Zoom earnings for the quarter ending Jan. 31 were 1.42 per share on an adjusted basis, up 16% from a year earlier. The Zoom IPO in April 2019 raised $752 million, with shares priced at 36.
Zoom Video Communications Analyst Opinions
And the outlook for ZM stock is tied to whether the company morphs into a broader business communications platform. But for the second quarter of fiscal 2025, Zoom expects its revenue to rise just 1% year over year as its adjusted EPS earnings dip 10%. For the full year, it expects its revenue to only grow 1% as its adjusted EPS dips 4% — which missed analysts’ expectations for 2% revenue growth, but exceeded the forecast for a 6% decline in its adjusted EPS. As a long-term investor, I don’t ignore past performance, but I’m generally more interested in where the company is heading. Zoom has provided investors with spectacular growth and returns in the past couple of years; however, I don’t see that continuing into the future. The pullback in pandemic-driven demand, in addition to increased competition from massive tech companies like Microsoft and Alphabet, will challenge Zoom’s business moving from here on out.
How many shares of Zoom (ZM) stock are there?
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Highly Ranked Stocks to Buy After Crushing Q1 Earnings Expectations
In July 2021, Zoom Video and Five9 (FIVN), which automates call center services, announced a deal to merge. In the business market, Zoom rivals include RingCentral (RNG), Cisco Systems (CSCO), Google and others. Growth in annual recurring revenue for business customers with contracts topping $100,000 is one metric to monitor. Sales growth slowed for the ninth-straight quarter as the company adjusts to slower product demand in the post-coronavirus emergency era.
Why Zoom Video Shares Are Trading Higher Today
Admittedly, the company’s results have come nowhere close to matching that expected growth. In the first nine months of 2023, revenue of $3.4 billion increased by only 3% yearly. Zoom stock analysts had projected earnings of $1.15 a share on sales of $1.13 billion. First quarter earnings for Zoom stock are due May 20, with expectations set low. Analysts model EPS of $1.19, up three pennies from a year earlier, with revenue up 2% to $1.13 billion. Then, you can edit the details of your meeting — for example, you can schedule a recurring meeting, set a meeting password, and choose which calendar you want to sync.
Company Ownership
Video conferencing tools, like Zoom, allow individuals to meet and work together productively “face-to-face” when meeting in-person isn’t possible. This makes meeting remotely – or hybridly – much more human, which is essential in order to keep teams feeling connected. With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio. Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Zoom Video Comms with Benzinga Pro for real-time alerts.
Zoom Video Communications IPO: What You Need To Know
Ltd. increased its stake in shares of Zoom Video Communications by 10.7% during the third quarter. Ltd. now owns 112,611 shares of the company’s stock valued at $7,876,000 after acquiring an additional 10,870 shares during the period. Finally, Arizona State Retirement System raised its holdings in Zoom Video Communications by 1.5% during the third quarter.
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. Zoom Video Communications’ questrade review stock was trading at $71.91 at the start of the year. Since then, ZM shares have decreased by 15.8% and is now trading at $60.53. MarketBeat’s analysts have just released their top five short plays for June 2024. Learn which stocks have the most short interest and how to trade them.
- Also, 3% revenue growth will probably not inspire growth-oriented investors.
- Zoom’s marketing strategy includes a direct sales force and strategic partners, but the company said it also relies on organic introductions to new clients through existing clients hosting meetings.
- This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system.
- The company is headquartered in San Jose, Calif., and has additional offices in more than 15 locations in the United States, Europe, Asia, and Australia.
- Microsoft first added the video and document collaboration program to its business software suite in 2017.
Zoom Video Communications (ZM -1.35%) posted its latest earnings report on May 20. For the first quarter of fiscal 2025 (ended on April 30), the video conferencing software provider’s revenue rose 3% year over year to $1.14 billion and exceeded analysts’ estimates by $10 million. Its adjusted earnings increased 16% to $1.35 per share and cleared the consensus forecast by $0.16. 18 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Zoom Video Communications in the last twelve months. There are currently 2 sell ratings, 10 hold ratings and 6 buy ratings for the stock.
Also, Zoom Video has forged new deals in the enterprise market, such as one with software maker ServiceNow (NOW). Insiders have sold a total of 616,630 Zoom Video Communications shares in the last 24 months for a total of $43,042,462.24 sold. Once your meeting has started, click the up arrow next to Share Screen, then click Advanced sharing options. Select Only Host to make sure the meeting host is the only participant who can share their screen.
This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.08% per year. These returns cover a period from January 1, 1988 through May 6, 2024. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.
Participants will be asked to enter the password to join the meeting. Those who don’t have the password won’t be able to join your meeting. While Zoom Video Communications currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys. Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Zoom Video Comms’s options at specified strike prices.
If your team uses Slack to communicate in real time, your system administrator can integrate Zoom and Slack for easy video conferencing on the fly. If you or a team member are working remotely and are trying to discuss a complicated concept via text alone, it might be a challenge. Instead of going through booking a Zoom meeting on your calendar, you can type “/zoom” into Slack, and a meeting link will appear directly in your Slack conversation for you and your teammate to join. You can record meetings to your device or to the Zoom cloud for later reviewing to make sure everyone is on the same page.
Zoom meetings are the foundation of Zoom, and the term refers to video conferencing meetings using the platform that allows remote and co-located meeting attendees to communicate frictionlessly. Since you don’t need to have a Zoom account to attend a Zoom meeting, anyone can meet with clients or conduct interviews with remote candidates virtually. Zoom Video Communications (ZM) is a leading provider of video conferencing and online communication solutions. Their https://www.broker-review.org/ platform enables individuals and businesses to connect and collaborate remotely, offering features such as video meetings, webinars, and virtual events. MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on…
The consensus among Wall Street research analysts is that investors should “hold” ZM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ZM, but not buy additional shares or sell existing shares. Zoom shares have lost over 60% of their value in the past six months as part of a broader tech sell-off in response to rising interest rates and inflation. Revenue and earnings growth remain strong — analysts are forecasting revenue and earnings per share to grow by 54% and 46% year over year up to $4.1 billion and $4.87 per share in fiscal year 2022, respectively.
This suggests that the stock has been consistently declining over a period of time, indicating a bearish market sentiment. Traders and investors should be cautious as this downward trend may indicate further potential downside in the near term. 5 market experts have recently issued ratings for this stock, with a consensus target price of $71.4.
Rather than increase revenue, Zoom Video expects gen AI tools to retain and add customers. The Nasdaq composite shot up 43% amid buzz over generative artificial intelligence technology. In early April, Microsoft said it will separate Teams from its Office software suite in an apparent move to head off probes by global antitrust enforcers.
Next, you’ll want to sync Zoom to your calendar so you can schedule Zoom meetings that appear on your calendar, or so you can easily add a Zoom Meeting link to events on your calendar so remote participants can join. By doing this, you can sync calendars with Zoom in both directions, so your calendar client will offer an option to add a Zoom link, and your calendar will show Zoom Meetings you schedule in the Zoom app. Deep-pocketed investors have adopted a bullish approach towards Zoom Video Comms ZM, and it’s something market players shouldn’t ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ZM usually suggests something big is about to happen.
