Zoom Stock Forecast Double in Five Years
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Aeterna Zentaris. Aptevo Therapeutics. Home » Stock forecasts » ZM » Zoom ZM stock forecast for The share price of Zoom Video Communications, Inc. ZM now. Zoom ZM Forecast for PE Ratio: The company has also introduced a virtual event platform, taken over conference rooms with Zoom Rooms, and partnered with many consumer-oriented companies to make Zoom available on video calling devices.
International growth is also still in the early innings, with international markets starting to play a larger role in expanding sales.
As is often the case when a company succeeds wildly, that success attracts competition. Zoom CEO Eric Yuan had left Cisco in order to upend the videoconferencing market and the chief executive has clearly made his mark.
July 3, No Comments. Source: Zoom. As the Delta variant of Covid began to sweep across the globe, entrenching the popularity of working from home, so too did the popularity of Zoom, regaining some of its value. But the day moving average steadily declined throughout the second half of , despite a subtle bump in early November, indicating a bearish advantage.
The shooting star pattern on 17 November foreshadowed a bearish advantage, dragging the price down 4. You voted bearish. You voted bullish. This could suggest the continuation of a downtrend, but as always, this analysis is speculative and any possible projections are contingent on numerous factors.
Be sure to check out our latest ZM stock price to stay informed. Firstly, the possibility of an overvalued Zoom stock forecast estimation should be considered. As we can observe when tracing the recent ZM stock price history, market capitalisation is reactive to constantly changing global conditions. Will Zoom stocks once again climb should a fresh wave of lockdowns be imposed on major economies, or will it keep plummeting as people get back to the offices?
That is the big question. Competition rapidly increased in this sector in recent years, yet Zoom remains by far the dominant market player. Video conferencing is largely its main driver of revenue, whereas competition in this space is mainly driven by the conglomerates Microsoft Teams and Skype , Alphabet Google Meet and Cisco Webex.
With a business portfolio heavily contingent on the precarious video conferencing segment, it is little wonder that Zoom is seeking to diversify its revenue streams. It has not been smooth sailing. Elsewhere, Zoom recently announced plans to acquire Kites, a German company focused on real-time translation services.
This could prove to be an attractive driver of user engagement. As such, the majority of polled investment analysts have a buy sentiment, being 14 against 13 suggesting to hold.
The company is expanding and diversifying its offerings to serve an even broader customer base. ZM stock could double in value by Whereas some investors are worried about Zoom’s loss of pandemic tailwinds as companies bring employees back to the office and business travel resumes, the company is changing with the times.
It’s introducing services that should be in demand whether there’s a pandemic or not. Its phone service, for example, will likely continue to be valuable after the pandemic.
Zoom (ZM) stock Forecast for – .
May 31, · Target values for the price of one Zoom share for Jan The weighted average target price per Zoom share in Jan is: In Jan, the negative dynamics for Momo shares will prevail with possible monthly volatility of % volatility is expected. Aug 30, · Zoom stock’s forecast for Analysts’ month forecast for Zoom is just under $, implying a 24 percent upside. In , Zoom shares could be worth even more, reflecting many potential. Jul 03, · The stock is currently priced at approximately $, meaningfully below its all-time high of nearly $ Wall Street analyst price targets range from $ to $, while the average valuation estimate sits at $ Zoom Video Communications (NASDAQ:ZM) Price: $ (as of close Jul 1, ) Market Cap: ,,, Zoom Stock Forecast.
ZM : ZOOM VIDEO COMMUNICATIONS-A stock forecast – –
Jul 03, · The stock is currently priced at approximately $, meaningfully below its all-time high of nearly $ Wall Street analyst price targets range from $ to $, while the average valuation estimate sits at $ Zoom Video Communications (NASDAQ:ZM) Price: $ (as of close Jul 1, ) Market Cap: ,,, Zoom Stock Forecast. Oct 06, · The average Zoom Video Communications stock forecast represents a % increase from the last price of $ For Zoom Video Communications stock forecast for (5 year), 12 predictions are offered for each month of with average Zoom Video Communications stock forecast of $, a high forecast of $, and a . Sep 23, · Zoom Stock Forecast for If Zoom continues at its current pace, it could easily double from where it is today. The video conferencing market is incredibly fertile ground for innovation, and Author: Mike Stenger.
– Zoom (ZM) stock forecast: Bargain opportunity or slippery slope?
Although the service does not provide Zoom stock forecasts for , its longer-term 5-year ZM prediction suggests the price to reach $5, Zoom Technologies, Inc. quote is equal to USD at Based on our forecasts, a long-term increase is expected, the “ZOOM”. In , ZM is forecast to generate.