Large-cap Technology company Zoom Video Communications has logged a -2.9% change today on a trading volume of 324,843. The average volume for the stock is 3,803,477.
Zoom Video Communications, Inc. provides unified communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Based in San Jose, United States the company has 8,484 full time employees and a market cap of $20,830,066,688.
The company is now trading -3.82% away from its average analyst target price of $71.12 per share. The 20 analysts following the stock have set target prices ranging from $54.82 to $91.36, and on average give Zoom Video Communications a rating of hold.
Over the last 52 weeks, ZM stock has risen 0.8%, which amounts to a -19.0% difference compared to the S&P 500. The stock's 52 week high is $85.13 whereas its 52 week low is $58.87 per share. Based on Zoom Video Communications's average net margin growth of 3.4% over the last 5 years, its core business is on track for profitability and its strong stock performance may continue in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 4,392,960 | 103,711 | 2 | -94.12 |
| 2022 | 4,099,864 | 1,375,639 | 34 | 36.0 |
| 2021 | 2,651,368 | 672,316 | 25 | 525.0 |
| 2020 | 622,658 | 25,305 | 4 | 100.0 |
| 2019 | 330,517 | 7,584 | 2 |
