Will Zoom stock go up? (2024)

Will Zoom stock go up?

Based on 25 Wall Street analysts offering 12 month price targets for Zoom Video Communications in the last 3 months. The average price target is $77.53 with a high forecast of $100.00 and a low forecast of $60.00. The average price target represents a 24.81% change from the last price of $62.12.

Is Zoom a good stock to buy?

Out of 16 analysts, 3 (18.75%) are recommending ZM as a Strong Buy, 2 (12.5%) are recommending ZM as a Buy, 9 (56.25%) are recommending ZM as a Hold, 1 (6.25%) are recommending ZM as a Sell, and 1 (6.25%) are recommending ZM as a Strong Sell. If you're new to stock investing, here's how to buy Zoom stock.

Will Zoom stock go up in 2023?

The stock rose just 6% in 2023, while the Nasdaq Composite soared 43%. It's possible this performance gap set investors up for market-thumping gains in 2024 as Zoom's expansion rate speeds back up. It's also possible that management could disappoint shareholders by showing little progress on their growth initiatives.

Why is Zoom stock doing so poorly?

Stellar bottom-line growth is on the way

But that also pulled forward years of potential growth, leaving Zoom struggling to sustain its momentum as the pandemic faded. Most recently, revenue grew just 3.2% in its fiscal 2024 third quarter. That slowdown is largely why the stock has fallen so far.

What will Zoom stock price be in 2025?

According to the latest long-term forecast, Zoom Video price will hit $75 by the end of 2024 and then $85 by the end of 2025. Zoom Video will rise to $90 within the year of 2026, $100 in 2027, $125 in 2028 and $150 in 2032.

Is Zoom stock a buy sell or hold?

The Zoom stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock.

What is the target price for Zoom stock?

Stock Price Targets
High$105.00
Median$79.00
Low$60.00
Average$80.05
Current Price$64.04

Is Zoom a good long term stock?

The financial health and growth prospects of ZM, demonstrate its potential to perform inline with the market. It currently has a Growth Score of A. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of A.

Who should acquire Zoom?

Another enterprise giant that may see value in Zoom is Salesforce. The company acquired Slack in order to enter the enterprise communications market, and Zoom integrates into Slack already -- and could further entrench Salesforce as a business app.

What was the highest zoom stock price?

The latest closing stock price for Zoom Video Communications as of February 16, 2024 is 62.12.
  • The all-time high Zoom Video Communications stock closing price was 568.34 on October 19, 2020.
  • The Zoom Video Communications 52-week high stock price is 76.98, which is 23.9% above the current share price.

How much is Zoom 2024?

Zoom's Pricing Plans

The Pro plan is priced at $14.99/month/license, or $149.90/year/license for $30 of savings. The Pro plan can host up to 100 participants in a single session, with unlimited group meetings and the ability to stream meetings to social media. It also grants 1 GB of cloud recording per license.

What will Zoom stock price be in 2024?

Alternative long-term price forecasts by independent analytical platforms
YearMid-YearTod/End,%
2024$72.24+12%
2025$79.24+24%
2026$87.73+37%
2027$104.88+68%
9 more rows

Who is holding Zoom stock?

Top Institutional Holders
HolderSharesDate Reported
Vanguard Group Inc23,417,464Dec 30, 2023
Blackrock Inc.14,312,302Dec 30, 2023
ARK Investment Management, LLC10,964,576Dec 30, 2023
Sumitomo Mitsui Trust Holdings, Inc.6,612,008Dec 30, 2023
6 more rows

Is Amazon a buy or sell?

Amazon's analyst rating consensus is a Strong Buy. This is based on the ratings of 40 Wall Streets Analysts.

Should I buy hold or sell stock?

If it turns out that the company isn't performing as planned, you might want to consider selling the stock before the financial situation gets worse. A buy and hold strategy only works if your research is correct and the company continues to execute its business plan and generate earnings.

Who are the largest shareholders of ZM?

Largest shareholders include Vanguard Group Inc, BlackRock Inc., ARK Investment Management LLC, ARKK - ARK Innovation ETF, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Sumitomo Mitsui Trust Holdings, Inc., Susquehanna International Group, Llp, Nikko Asset Management Americas, Inc., Newlands ...

Who are the major holders of ZM?

The Vanguard Group, Inc. is currently the largest shareholder, with 7.5% of shares outstanding. With 7.4% and 4.7% of the shares outstanding respectively, Eric Yuan and BlackRock, Inc. are the second and third largest shareholders.

What is the moving average of Zoom stock?

financials
PeriodMoving AveragePercent Change
50-Day69.04-2.59%
100-Day66.70-10.21%
200-Day67.32-2.96%
Year-to-Date67.25-11.21%
2 more rows

Which stock is best for long term?

best long term stocks
S.No.NameCMP Rs.
1.Ksolves India1200.70
2.Life Insurance1039.85
3.Remedium Life583.45
4.Tips Industries484.25
23 more rows

Will Google buy Zoom?

A Google spokesperson told The Information that the company has never “seriously evaluated” acquiring Zoom and has never had a large-scale agreement for employees to use Zoom. Earlier this year, Google banned its employees from using the Zoom desktop app on company computers.

Did Google buy Zoom?

The Takeaway. A spokesperson for Google Cloud said the company “has never seriously evaluated acquiring Zoom” and there has never been a “large-scale agreement” for Google employees to use Zoom.

Is Zoom profitable?

Zoom is cash-rich and profitable, yet growth is the missing piece in the bullish investing thesis for this business in 2024. Demitri Kalogeropoulos has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Microsoft and Zoom Video Communications.

Who owns the most Zoom stock?

Shareholders
NameEquitiesValuation
Eric Yuan 43.46 %22,527,4921 456 M $
Puccini World Ltd. 18.15 %9,406,815608 M $
Emergence Equity Management, Inc. 12.52 %6,488,825419 M $
QUALCOMM, INC. 3.966 %2,055,507133 M $
5 more rows

How many investors does Zoom have?

Zoom has total 43 investors. 34 are institutional investors including Sequoia Capital and 33 others. 9 are Angel investors including Jerry Yang and 8 others.

How many shares of Zoom are there?

Number of shares outstanding as of January 2024 : 302,493,182. According to Zoom's latest financial reports and stock price the company's current number of shares outstanding is 302,493,182. At the end of 2023 the company had 302,493,182 shares outstanding.

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