Shares of Technology sector company Zoom Video Communications moved -0.8% today, and are now trading at a price of $68.25. The large-cap stock's daily volume was 2,328,240 compared to its average volume of 4,204,693. The S&P 500 index returned a 0.0% performance.
Zoom Video Communications, Inc. provides unified communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company is based in San Jose and has 8,484 full time employees. Its market capitalization is $20,307,445,760.
27 analysts are following Zoom Video Communications and have set target prices ranging from $65.0 to $105.0 per share. On average, they have given the company a rating of hold. At today's prices, ZM is trading -18.29% away from its average analyst target price of $83.53 per share.
Over the last year, ZM shares have gone down by -39.1%, which represents a difference of -54.0% when compared to the S&P 500. The stock's 52 week high is $124.05 per share and its 52 week low is $60.45. With average free cash flows of $1.03 Billion that have been growing at an average rate of 79.3% over the last 4 years, Zoom Video Communications declining stock performance may not be reflective of the quality of its underlying business.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cashflow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-01-31 | 1,290,262 | -115,094 | 1,175,168 | -19.49 |
| 2022-01-31 | 1,605,266 | -145,608 | 1,459,658 | 5.36 |
| 2021-01-31 | 1,471,177 | -85,815 | 1,385,362 | 1118.79 |
| 2020-01-31 | 151,892 | -38,225 | 113,667 | n/a |
