Zoom’s software then took off during the pandemic, as businesses and countless others raced to its video communication solutions. ZM’s revenue surged 88% during its first-year public after its April 2019 debut. The question now becomes is it finally time to buy Zoom stock again with its third quarter fiscal 2022 financial results due out on Monday, November 22. Luckily, it’s still poised to grow within a vital non-email work communication space. Nonetheless, it was always going to be impossible for Zoom to match its pandemic-fueled success. Wall Street has dumped ZM on slowing growth, and it didn’t help that the video communication firm’s planned acquisition of Five9 Inc (FIVN) fell apart. The median estimate represents a 28.62 difference from the last price of 74.83.Zoom Video ZM stock has tumbled over 50% from its 2020 records, including a 20% drop since its Q2 release in late August. The 90 analysts offering price forecasts for Zoom Video Communications have a median target of 261.43, with a high estimate of 570.00 and a low estimate of 76.00.
What are analysts forecasts for Zoom Video Communications stock? According to the current price, Zoom Video Communications is 25.69% away from the 52-week high.
The high in the last 52 weeks of Zoom Video Communications stock was 291.31. What was the 52-week high for Zoom Video Communications stock? According to the current price, Zoom Video Communications is 106.20% away from the 52-week low. The low in the last 52 weeks of Zoom Video Communications stock was 70.46. What was the 52-week low for Zoom Video Communications stock? The average rating score is and is based on 39 buy ratings, 46 hold ratings, and 5 sell ratings. Zoom Video Communications stock has received a consensus rating of hold. Is Zoom Video Communications stock a Buy, Sell or Hold?
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