Investors may have reawakened to the potential of Zoom Video Communications (ZM 0.25%). Its performance has lagged since the pandemic-induced bump in usage sent its stock to an intraday high of almost $589 per share in late 2020.The stock sells at nearly a 90% discount to that peak, and since that time, the company has redefined itself more explicitly around a communications ecosystem. Those improvements inspired Cathie Wood's Ark Invest to forecast an expected price of $1,500 per share by 2026.Given the co ...

Shares of Zoom Video (ZM 0.65%) popped 10% this week, according to data from S&P Global Market Intelligence. The video-meeting software provider posted earnings and revenue growth that exceeded expectations in the fourth quarter. The pandemic winner is still off 87.5% from all-time highs but is improving its business fundamentals.Here's why Zoom stock rocketed higher this week.Beating revenue and earnings expectationsIn the fourth quarter of last fiscal year, Zoom posted revenue of $1.15 billion and adjuste ...

Zoom Video Communications (ZM) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.The upward trend in estimate revisions for this video-conferencing company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong ...

Vadym Pastukh Zoom (NASDAQ:ZM) stock is priced much better than during the COVID-19 bubble, and as such, I think this could be an opportune time for investors to consider buying it. However, there is some caution to be noted around its valuation. Nonetheless, considering a much cheaper price than previously, my analyst rating for the stock is a Buy based on the potential for outsized growth in its market in the future. 2024 Operations And Upcoming Results In 2024, Zoom is enhancing its platform with the ...

Zoom Video Communications (ZM 8.00%) stock surged in Tuesday's trading. The company's share price closed out the daily session up 8%, according to data from S&P Global Market Intelligence.Zoom published its fourth-quarter earnings results after the market closed yesterday and delivered a profit that came in far better than Wall Street had anticipated. The company also managed to beat sales expectations for the period.Enterprise growth and efficiency initiatives drove Q4 beatsZoom recorded non-GAAP (adjusted ...

Zoom’s (ZM) fourth-quarter fiscal 2024 adjusted earnings of $1.42 per share beat the Zacks Consensus Estimate by 23.48% and increased 16.4% year over year.Revenues of $1.15 billion beat the consensus mark by 1.57% and increased 2.6% year over year on strong growth from Enterprise customers.Quarter DetailsRevenues from Enterprise customers rose 4.9% year over year to $667.3 million and represented 58.2% of total revenues. Customers contributing more than $100,000 in revenues in the trailing 12 months grew 9. ...

Free Cash Flow1 (in Millions) © 2024 Zoom Video Communications, Inc. 13 © 2024 Zoom Video Communications, Inc. 14 15 | --- | --- | --- | --- | --- | |----------------------------------------------------------------|------------|------------|------------|------------| | ($ in Thousands) \nGross Profit | Q4 FY23 | Q4 FY24 | FY23 | FY24 | | Total Revenue | $1,117,803 | $1,146,457 | $4,392,960 | $4,527,224 | | GAAP Gross Profit | $823,449 | $870,150 | $3,292,509 | $3,449,423 | | (+) Stock-based compensation exp ...

Eric Yuan Thank you. Operator Okay. Our next question comes from Matthew Harrigan with Benchmark. Matthew Harrigan I'm sorry, I actually wasn't -- I didn't have my hand up. But since you asked, do you have any thoughts on the relative macro strength you're seeing in different markets pacific rim, Japan obviously, Buffett was just extolling the virtues of Japan, it is an investment area right now, Europe, U.S., etc. Thank you. Kelly Steckelberg Yeah. We agree, we see Japan as certainly a very important marke ...

Zoom Video Communications (ZM -0.44%) stock gained 10.4% in Monday's after-hours trading following the cloud-based communications company's release of its results for the fourth quarter of fiscal 2024 (ended Jan. 31).The stock's rise is largely attributable to the quarter's revenue and earnings exceeding Wall Street's consensus estimates, with bottom-line guidance for both the first quarter and full year of fiscal 2025 coming in higher than analysts had been expecting. The company's powerful cash flows and ...

Key TakeawaysZoom Video shares jumped in extended-hours trading Monday after the company topped analysts' quarterly estimates and issued better-than-expected current-quarter and full-year earnings guidance amid growing demand for its expanding AI-enhanced product range.The company authorized a buyback of up to $1.5 billion of its outstanding Class A common shares.The Zoom Video share price may encounter resistance around $74.50 from the top trendline of a 10 month trading range.Zoom Video (ZM) shares jumped ...