![]() In December 2021, Zoom acquired the assets of Limina (l), an event production startup, as it was necessary to cater to increasing industry needs. The Zoom Video Communications Class A ordinary shares have been listed on the NASDAQ Stock Exchange since April 18, 2019, under the ticker #ZM. The competitive advantage of Zoom Video Communications is the geographical coverage of its activities and active international expansion. skyrocketed in 2020 as it transformed from a company in the narrow business software category to one of the most sought-after corporations during the coronavirus pandemic. Interesting facts about the #ZM (Zoom Video Communications Inc) If consumers end up using their products, it will negatively affect the Zoom stock price. Microsoft, Cisco, Polycom, Blue Jeans Network strive to expand their presence in the market and constantly release new solutions in the field of communications. It is worth remembering that the competition is high in the video conferencing industry. Successful expansion will allow Zoom Video Communications to expand its patent portfolio and remain a leader in video communications which will also positively impact ZM stock price. For example, in June 2021, Zoom bought Kites, the creator of a real-time speech translator. Zoom Video Communications acquires other companies and gains access to new technologies. If the product is in demand by ordinary users, the ZM rate will grow. However, its success largely depends on consumer demand. The company has the potential to transform the communications industry. Zoom continues to develop applications and services: Zoom Rooms, Zoom Phone, Zoom Video Webinar and others. ![]() The price of ZM stock grows when new products are released. Zoom stock is growing steadily in value and is popular with long-term investors. The company's technology is widely used in various fields: education, medicine, finance, public administration, etc. This platform is preferred by the majority of users from all over the world. The demand for Zoom Video Communications products is growing steadily. The revenue of the company comes primarily from paid subscriptions. It has good compatibility - the application can be run on any device using one account. Zoom is used worldwide for video meetings, webinars and online events. The company was founded in 2011 and is headquartered in San Jose, California. is a global leader in video communication software. Past performance is not indicative of future results, prices or performance.Zoom Video Communications Inc. The link to this article does not constitute an endorsement or recommendation by TipRanks or its affiliates. TipRanks and its affiliates disclaim all liability or responsibility with respect to the content of the article, and any action taken upon the information in the article is at your own and sole risk. Nothing in the article constitutes legal, professional, investment and/or financial advice and/or takes into account the specific needs and/or requirements of an individual, nor does any information in the article constitute a comprehensive or complete statement of the matters or subject discussed therein. Nothing in this article should be taken as a recommendation or solicitation to purchase or sell securities. ![]() TipRanks makes no warranties about the completeness, accuracy or reliability of such information. Recent news that Pfizer’s (PFE) antiviral pill is 89% effective in high-risk cases adds to the confidence.ĭisclosure: At the time of publication, Faisal Humayun did not have a position in any of the securities mentioned in this article.ĭisclaimer: The information contained in this article represents the views and opinion of the writer only, and not the views or opinion of TipRanks or its affiliates, and should be considered for informational purposes only. ![]() With a high vaccination rate in developed countries, this seems very likely. It’s also worth noting that most major employers are targeting the re-opening of their offices in the first quarter of 2022. Of course, this is good news for the world. Scientists in most countries are also looking at the beginning of an end to the COVID-19 pandemic. There are several reasons to believe that Zoom is likely to witness relatively weak earnings growth in 2022.Īccording to McKinsey research, once a country has weathered a wave of Delta-driven cases, it can gradually transition towards normalcy. (See Analysts’ Top Stocks on TipRanks) Growth Likely to Decelerate If earnings growth disappoints, the stock still seems expensive. Talking about valuations, ZM stock still trades at a forward price-to-earnings ratio of 54.71. The stock still seems expensive and with the world gradually returning to normalcy, growth might be a concern. I remain bearish on Zoom even after the correction.
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