Zoom Video Communications (ZM) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this video-conferencing company have returned +4% over the past month versus the Zacks S&P 500 composite's +5.9% change. The Zacks Internet - Software industry, to which Zoom Video belongs, has gained 12.7% over this period. Now the key question is: Where could the stock be headed in the near term ...

Next generation of Zoom AI Companion to pull in information from across Zoom Workplace, empowering users to get more done New custom add-on for AI Companion to offer advanced customization capabilities, including new Zoom AI Studio Zoom Tasks expands Zoom Workplace capabilities to help users detect, recommend, and complete tasks throughout their workday SAN JOSE, Calif., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Today Zoom Video Communications, Inc. (NASDAQ: ZM) kicked off Zoomtopia 2024 and unveiled new AI-first w ...

Zoom Video Communications (ZM) shares have gained 19.9% over the past three months, outperforming the broader Zacks Computer and Technology sector's decline of 4.9%. ZM shares have also outperformed the Zacks Internet – Software industry and peers like Cisco Systems (CSCO) , Microsoft (MSFT) and Alphabet (GOOGL) . Over the same time frame, Cisco has returned 14.7%, while Microsoft and Alphabet have declined 10.8% and 13.8%, respectively. The industry has appreciated 5.3% over the past three months. ZM's out ...

SAN JOSE, Calif., Oct. 03, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) today announced the launch of its industry-leading Zoom Phone in India, commencing with the availability of Zoom Phone service with native India phone numbers in the Maharashtra Telecom Circle (Pune). Zoom Phone brings multinational corporations (MNCs) with a domestic presence and homegrown companies unrivaled simplicity and modern functionality to their distributed hybrid workforce, as well as global native cov ...

SAN JOSE, Calif., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications (NASDAQ: ZM), today announced that Michelle Chang has been appointed as its Chief Financial Officer (CFO), effective October 7, 2024. Chang brings more than 25 years of experience in financial leadership roles, most recently serving as Corporate Vice President and CFO of Microsoft's Commercial Sales & Partner Organization. Reporting directly to Zoom's founder and CEO Eric S. Yuan, Chang will be responsible for overseeing Zoom's fi ...

To me, there has never been a more opportune time to invest in rebound plays. With the S&P 500 still sitting near all-time highs, I'm looking for stocks that have less correlation to the broader markets and have With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on Seeking Alpha s ...

Core Insights - Zoom has announced new add-on products and functionalities to enhance its advanced enterprise offerings, focusing on compliance, security, privacy, survivability, and manageability for organizations [1][2] New Offerings for Enterprise Customers - In 2023, over $549 million in non-compliance penalties were issued globally, affecting more than 353 million individuals due to security breaches, and 31% of enterprises faced unstable network issues [3] - Zoom's new offerings aim to help companies manage compliance obligations, avoid fines, and ensure reliable connectivity [3] Specific Product Enhancements - **Zoom Compliance Manager Plus**: Enhances existing compliance tools with features like risk detection and data loss protection to help organizations meet regulatory obligations [4] - **Zoom Meeting Survivability**: Introduces network redundancy to ensure uninterrupted service during internet disruptions [4] - **Zoom Mesh for Meetings**: Optimizes bandwidth usage, potentially saving companies up to 60% on internet costs [4] - **Zoom Customer Managed Key (CMK) Hybrid**: Provides customers with more control over encryption keys for data protection, available for Zoom Workplace starting Q4 2024 [4] Portfolio Overview - The advanced enterprise offerings are designed to meet the needs of large organizations and regulated industries, included with Zoom Workplace Enterprise licenses [5] - Offerings are categorized into six key areas: communications compliance, data residency & privacy compliance, policy & deployment management, security & access control, analytics & insights, and network optimization & survivability [6] Availability and Additional Information - Several advanced enterprise offerings, including end-to-end encryption and GDPR controls, are available with Zoom Workplace Enterprise licenses, while new products are offered as paid add-ons [7] - Zoom will host technical sessions on its enterprise offerings at Zoomtopia 2024 for further information [7]

Summary of Key Points - The article discusses the stock performance of Zoom Video Communications, noting that it was trading above $410 per share and was 26% below its all-time high of $559, which was reached two months prior [1] - The analysis indicates a bearish sentiment towards Zoom, suggesting that sell signals were present at the time of the last coverage [1] - The article does not provide any specific investment recommendations or advice regarding the suitability of investments in Zoom or any other companies mentioned [2] - There is a clear indication that past performance is not a guarantee of future results, emphasizing the uncertainty in stock market investments [2] - The author of the article does not hold any positions in Zoom or related companies, nor does the author plan to initiate any positions in the near future [1] - The article reflects the opinions of the author and does not necessarily represent the views of Seeking Alpha as a whole [2] - The analysis is conducted by third-party authors, which may include both professional and individual investors who may not be licensed or certified [2]

Core Viewpoint - Zoom Video Communications has experienced a significant stock price increase of 21.2% over the past three months, contrasting with a 4.4% decline in the broader Zacks Computer and Technology sector, indicating a potential recovery after a challenging growth period post-pandemic [1][2]. Group 1: Financial Performance and Growth Outlook - For fiscal 2025, Zoom anticipates revenues between $4.63 billion and $4.64 billion, with non-GAAP earnings per share projected between $5.29 and $5.32, reflecting a year-over-year revenue growth estimate of 2.42% [6]. - The company reported a 7% increase in customers contributing over $100,000 in trailing 12-month revenues, reaching 3,933, which now accounts for 31% of total revenues, up from 29% the previous year [5]. - Zoom's financial health is strong, with $7.5 billion in cash, cash equivalents, and marketable securities as of July 31, 2024, providing flexibility for growth initiatives and strategic acquisitions [10]. Group 2: Product Diversification and Market Position - Zoom is diversifying its product offerings beyond video conferencing, expanding into contact centers, phone systems, and AI-powered meeting assistants, which is resonating with enterprise customers and creating new revenue streams [2][7]. - The company has seen significant growth in its Zoom Contact Center, surpassing 1,100 customers, representing over 100% year-over-year growth, driven by higher pricing tiers and larger deals [8]. - Zoom's innovation in AI features, such as the Zoom AI Companion, has been adopted by over 1.2 million customer accounts, enhancing user experience and productivity [9]. Group 3: Market Trends and Competitive Landscape - The ongoing trend towards remote and hybrid work models is benefiting Zoom, as companies increasingly require robust video conferencing and collaboration tools [11]. - Despite its market strength, Zoom faces intense competition from major players like Microsoft and Cisco, which are aggressively promoting their own collaboration tools [12]. - Zoom's valuation is relatively high, with a forward 12-month price-to-sales ratio of 4.4, compared to the Zacks Internet - Software industry average of 2.58, indicating high growth expectations but also elevated risk [13]. Group 4: Conclusion - Zoom's market dominance, product diversification, financial strength, and commitment to innovation position the company well for future growth in the digital communication and collaboration tools landscape [15].

SAN JOSE, Calif., Sept. 18, 2024 (GLOBE NEWSWIRE) -- Today, Zoom Video Communications, Inc. (NASDAQ: ZM) and Mitel, a global leader in business communications, announced a strategic partnership designed to empower enterprises worldwide with a unique hybrid cloud solution that combines Zoom Workplace and Zoom AI Companion with Mitel's flagship communications platform in a modern, deeply integrated communication experience. The partnership will address growing enterprise demand for hybrid unified communicatio ...