Zoom video stock software#

Over the last 30 days, the Zacks Consensus Estimate has changed -12%.įor the current fiscal year, the consensus earnings estimate of $4.05 points to a change of -20.1% from the prior year. Zoom Video is expected to post earnings of $0.79 per share for the current quarter, representing a year-over-year change of -38.8%. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. And if earnings estimates go up for a company, the fair value for its stock goes up.

We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Now the key question is: Where could the stock be headed in the near term?

Zoom video stock software#

The Zacks Internet - Software industry, to which Zoom Video belongs, has gained 3.4% over this period. Shares of this video-conferencing company have returned -4.4% over the past month versus the Zacks S&P 500 composite's +1% change. So, you might want to look at some of the facts that could shape the stock's performance in the near term. This means that this stock is suited as a new addition to your portfolio as trading bullish markets is always a lot easier.Zoom Video Communications (ZM) has been one of the most searched-for stocks on lately. This means that if you invested $100 now, your current investment may be worth 241.613$ on 2024 June 10, Monday. These predictions take several variables into account such as volume changes, price changes, market cycles, similar stocks.įuture price of the stock is predicted at 162.19469582339$ ( 141.613% ) after a year according to our prediction system. Our site uses a custom algorithm based on Deep Learning that helps our users to decide if ZM could be a good portfolio addition. Zoom Video Communications Inc - Class A stock price has been showing a declining tendency so we believe that similar market segments were not very popular in the given period.

stock forecastĪs of 2023 June 10, Saturday current price of ZM stock is 67.130$ and our data indicates that the asset price has been in a downtrend for the past 1 year (or since its inception). 1 year Zoom Video Communications Inc - Class A Forecast: 162.19469582339 *ĥ year Zoom Video Communications Inc - Class A Forecast: 560.688 * About the Zoom Video Communications, Inc.