Zoom (ZM) stock forecast: Bargain opportunity or slippery slope?.
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Is ZM Stock a Buy Right Now? 3 Analysts Weigh In on Zoom Price Predictions. | InvestorPlace.
Aug 26, · The market expects EPS of $ and the stock price is flat on the year. Zoom Video Communications is scheduled to release the financial results for Q2 next Monday, 30th of August after the market closes. Investors expect EPS of $, higher by % compared to the same period last year. Dec 17, · Dec. 17, , AM Zoom Video Communications (NASDAQ: ZM) recently reported another strong quarter, but the stock is still down nearly 70% from its all-time high. Jul 14, · What happened. Shares of Zoom Video Communications (ZM %) were up % in the first half of , according to data provided by S&P Global Market Intelligence. In the first several weeks of.
Zoom stock price target 2021 – none:. Bears Hold an Edge Ahead of Zoom (ZM) Earnings Report
Founded in by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources , and more. Learn More. In the first half of , Zoom made some important product announcements that helped send the stock higher.
For example, on May 19, the company announced Zoom Events, which will allow event organizers to create ticketed live events directly on its platform, opening up an entirely new use case for the software. Then on June 9, it announced Zoom Phone Appliances, integrating a hardware component to its software with the goal of simplifying hybrid work part time at home, part time at the office. Zoom has also reported earnings results twice in , shattering the prevailing narrative about this investment going forward.
Some pundits had called it just a pandemic stock and suggested its growth would reverse in and beyond. But even this impressive guidance proved conservative. Even with new products and ongoing revenue growth, Wall Street analysts don’t seem to know what to do with Zoom stock right now. According to TipRanks, over half of prominent analysts recommend holding the stock, not buying it.
Moreover, even bullish analysts are cooling in their enthusiasm. This could be to a long-term investor ‘s advantage. Keep in mind that many analysts are only looking one year out. If I were trying to predict Zoom’s price over the next 12 months, I’d be having a hard time, too — it’s simply too short a time horizon for investing.
With these resources, it’s looking for acquisitions that can grow its market further. Given these strengths, Zoom is a stock I’d bet on over the next five to ten years. In fact, I think it’s one of the best-positioned businesses as the workforce undergoes big changes. Cost basis and return based on previous market day close. Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of Discounted offers are only available to new members.
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Stock Advisor. View Our Services. Our Purpose:. Latest Stock Picks. Key Points. The company is showing its growth is sustainable as we move further from the start of the pandemic. Analysts are divided on the investing opportunity, but this might be because they’re thinking too much in the short term. Today’s Change. Current Price. The company just keeps growing at an unbelievable pace, which continues to send shares higher.
So what In the first half of , Zoom made some important product announcements that helped send the stock higher. Image source: Zoom Video Communications. Zoom Video Communications. Motley Fool Returns Market-beating stocks from our award-winning service. Stock Advisor Returns. Join Stock Advisor. Our Most Popular Articles. Get Started Now. View Premium Services.