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 -9.6% over the past month versus the Zacks S&P 500 composite's +1.7% change. The Zacks Internet - Software industry, to which Zoom Video belongs, has gained 0.4% over this period. Now the key question is: Where could the stock be headed in the near term ...

Zoom Video Communications (ZM) closed at $63.01 in the latest trading session, marking a +0.11% move from the prior day. The stock outpaced the S&P 500's daily loss of 0.04%. On the other hand, the Dow registered a loss of 0.03%, and the technology-centric Nasdaq increased by 0.03%.Prior to today's trading, shares of the video-conferencing company had lost 6.28% over the past month. This has lagged the Computer and Technology sector's gain of 4.26% and the S&P 500's gain of 2.57% in that time.The upcoming e ...

seb_ra Zoom Video Communications (NASDAQ:ZM) initially soared after its earnings report in February, as the company posted solid results as well as authorizing a significant share repurchase program. While management appears to be still looking for M&A opportunities, the share repurchase program may have been viewed as a real catalyst for the undervalued tech stock. ZM has surprisingly given up all those post-earning gains and more, giving investors another opportunity to invest in the name. While growt ...

The most recent trading session ended with Zoom Video Communications (ZM) standing at $63.78, reflecting a -1.47% shift from the previouse trading day's closing. This change lagged the S&P 500's daily loss of 0.72%. On the other hand, the Dow registered a loss of 1%, and the technology-centric Nasdaq decreased by 0.95%.The video-conferencing company's shares have seen a decrease of 7.14% over the last month, not keeping up with the Computer and Technology sector's gain of 2.34% and the S&P 500's gain of 2.1 ...

Zoom Video Communications, Inc. (ZM) recently launched its Compliance Manager solution that helps organizations meet regulatory requirements and manage risks related to their communications on ZM’s platform.This new offering includes features like archiving, eDiscovery, legal hold and information protection capabilities to address the growing need for robust compliance solutions in today's regulatory environment.Organizations are facing stricter regulations and compliance risks both internally and externall ...

SAN JOSE, Calif., March 20, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ:ZM) today announced the launch of Zoom Compliance Manager, an all-in-one offering that provides archiving, eDiscovery, legal hold, and information protection capabilities to help organizations fulfill regulatory requirements and mitigate organizational communications compliance risks across the Zoom platform. "Zoom currently provides compliance and information protection for enterprise customers within regulated ind ...

Key TakeawaysAMC Entertainment Holdings Inc. and Comcast Corp.'s NBC struck a deal to broadcast some of NBC's daytime Summer Olympics coverage at AMC theaters.The showings would be in 160 AMC locations nationwide, beginning July 27 and running through Aug. 11.AMC also announced an agreement with Zoom Video Communications Inc. to have 'Zoom Rooms" in its theaters. The broadcast of this year’s Summer Olympics may be coming to a theater near you. AMC Entertainment Holdings Inc. (AMC) and Comcast Corp.’s (CMCSA ...

Shares of Zoom Video Communications (ZM 0.19%) are down 10% over the last 12 months because investors believe that the days of growth for video calls are over. And there's certainly some truth to that sentiment.At the end of January, the company had 220,000 enterprise customers, which looks impressive. However, that's only 4% more than a year ago. Moreover, the numbers suggest a drop in revenue from customers who are just regular people, not businesses. Given these slow growth numbers, video-calling softwar ...

Summary of Zoom Video Communications, Inc. Conference Call Company Overview - **Company**: Zoom Video Communications, Inc. (NASDAQ: ZM) - **Event**: JMP Securities Technology Conference - **Date**: March 5, 2024 - **Participants**: Kelly Steckelberg (CFO), Patrick Walravens (JMP Securities) Key Points Business Transition and Performance - **Transition Phase**: Company is in a significant transition phase, moving from pandemic-driven growth to a more stable growth model [9] - **Revenue Segments**: Pre-pandemic, the Online segment contributed about 20% of revenue; during the pandemic, it surged to over 60% [10] - **Current Trends**: The Online segment has been declining as in-person interactions resume, but stabilization has been observed in recent quarters [10][11] Financial Performance - **Q4 FY2024 Results**: Revenue exceeded guidance, with strong free cash flow and $7 billion in cash at year-end [27] - **Buyback Authorization**: The Board authorized a $1.5 billion buyback for FY2025 [27] - **Sales Team Recovery**: After a significant reorganization and reduction in force, the sales team regained productivity, finishing Q4 strong [29] Future Growth Strategies - **Growth Acts**: - **Act 2**: Focus on expanding the phone segment, which now accounts for over 10% of revenue with more than 7 million seats [13] - **Act 3**: Transitioning to a full collaboration and communication platform, introducing products like Zoom Contact Center and Zoom AI Companion [14] - **Contact Center Development**: The Contact Center product is evolving with new pricing tiers and features, aiming to capture a larger market share [21] Market Potential - **Contact Center Market Growth**: The contact center and conversational AI market is projected to grow from $19 billion in 2023 to $39 billion by 2027, indicating a significant opportunity for Zoom [24] - **Self-Service Focus**: Emphasis on helping customers self-serve through conversational AI and transitioning legacy systems to the cloud [25] Guidance and Challenges - **Cautious Outlook**: Guidance reflects caution due to international market headwinds and the need for new leadership to drive growth in EMEA and APAC regions [31] - **Renewal Events**: Many customers had renewal opportunities in FY2024, impacting revenue stability; the company expects a low point in year-over-year growth in Q2, with reacceleration anticipated in the latter half of the year [35] Long-Term Strategy - **Operating Margin**: Long-term operating margin target remains at 28% to 32%, with a current margin of 39% due to investments aimed at reaccelerating growth [36][37] - **Portfolio Expansion**: Plans to expand product offerings to enhance online growth, targeting small business needs [43] Additional Insights - **User Experience**: High user satisfaction with Zoom Phone, which is designed for ease of use and portability [18] - **AI Integration**: The company is integrating AI into its products, particularly in the Contact Center, to enhance efficiency and customer service [22] This summary encapsulates the key insights and strategic directions discussed during the conference call, highlighting Zoom's current position and future growth potential in the evolving market landscape.

Key PointsZoom Video has resumed growth after years of normalization in the post-COVID era.Enterprise customers rose 3.5% YoY to 220,400 in Q4 2023, and the company initiated a $1.5 billion stock buyback.Zoom Video shares trade at 14.5X forward earnings.5 stocks we like better than Zoom Video CommunicationsZoom Video Communications Inc. NASDAQ: ZM has been trying to work through normalization after its monstrous pandemic surge in 2021. In the following post-COVID years, Zoom Video has been struggling to sta ...