ZOOM STOCK MOTLEY FOOL SOFTWARE

ZOOM STOCK MOTLEY FOOL SOFTWARE

The company joined the NASDAQ-100 stock index on April 30, 2020.īeginning in early 2020, Zoom's software usage saw a remarkable global increase after quarantine measures were adopted in response to the COVID-19 pandemic. ET View Interactive ZM Charts Zoom Video Communications provides a cloud-based communications platform that concentrates on making the. The company has a market cap of just 24.8 billion, and 5.5 billion of that valuation is cash and. 78.86 -5.22 -6.2 Price as of September 13, 2022, 4:00 p.m. The company first became profitable in 2019, and completed an initial public offering that year. But if you're into value stocks and have some patience, Zoom might still be worth holding on to. Dow snaps six-day losing streak, tech stocks rally to end the week. Motley Fool TipRanks Zoom is worth less than it was before the pandemic. Zoom looks attractively valued for a growing, high-quality software company and it has a. Zoom set to report first-quarter earnings on Monday. Shares of Zoom got frothy during the pandemic but now the pendulum has swung too far in the other direction.

Zoom's revenue growth, and perceived ease-of-use and reliability of its software, resulted in a $1 billion valuation in 2017, making it a 'unicorn' company. Zoom a low double-digit grower, analyst says on stock downgrade. It provides videotelephony and online chat services through a cloud-based peer-to-peer software platform used for video communications, messaging, voice calls, conference rooms for video meetings, virtual events and contact centers, and offers an open platform allowing third-party developers to build custom applications on its unified communications platform.Įric Yuan, a former Cisco engineer and executive, founded Zoom in 2011, and launched its software in 2013. According to analysts consensus price target of 139.58, Zoom Video Communications has a forecasted upside of 77.4 from its current price of 78.68. is an American communications technology company headquartered in San Jose, California. The company offers Zoom Meetings that offers HD video, voice, chat, and content sharing through mobile devices, desktops, how much was zoom stock in 2019 how much was zoom stock in 2019:, telephones, and conference room systems Zoom Phone, an enterprise cloud phone system and Zoom Chat enables users to share messages, images, audio files.

Zoom stock motley fool