Zoom Communications (ZM) reached $73.14 at the closing of the latest trading day, reflecting a +1.78% change compared to its last close.
Recently, Zacks.com users have been paying close attention to Zoom (ZM). This makes it worthwhile to examine what the stock has in store.
Zoom Communications (ZM) closed at $72.06 in the latest trading session, marking a +1.54% move from the prior day.
Zoom Communications (ZM) concluded the recent trading session at $74.51, signifying a -1.17% move from its prior day's close.
A Russian court has fined Zoom Communications 79.6 million roubles ($965,779) for failing to comply with legal requirements governing foreign entities operating in Russia's internet space, the Moscow courts press service said on Tuesday.
Zoom Communications (ZM) closed the most recent trading day at $76.05, moving +1.12% from the previous trading session.
Recently, Zacks.com users have been paying close attention to Zoom (ZM). This makes it worthwhile to examine what the stock has in store.
Zoom (ZM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Recently, Zacks.com users have been paying close attention to Zoom (ZM). This makes it worthwhile to examine what the stock has in store.
Zoom remains a buy due to its large net cash position, high GAAP margins, and aggressive share repurchases, despite slow revenue growth. Competitive threats from Microsoft Teams and Google Meet are real, but these risks appear priced in, with the stock trading at just 14x earnings. While near-term revenue acceleration is unlikely, Zoom's financial fortress and recurring revenue offer downside protection and potential for multiple expansion.
Zoom Communications (ZM) closed the most recent trading day at $78.58, moving +1.28% from the previous trading session.
In the closing of the recent trading day, Zoom Communications (ZM) stood at $78.38, denoting a +1.85% move from the preceding trading day.