Zoom stock prediction 2021 –

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ZM:USNASDAQ GS. Zoom Video Communications Inc. COMPANY INFO ; technology. Zoom Reports Progress on Customer Growth and Diversification. May 24, ; technology. Date for Zoom Video Communications, Inc. Class A Common Stock (ZM) at Read our earnings report guide before you consider the forecast. Zoom stock price forecast for Analysts’ average price target for Zoom is about $, which implies a 31 percent upside from its current.
 
 

– Zoom Video Communications Stock Forecast up to $ – ZM Price Prediction

 
ZM | Complete Zoom Video Communications Inc. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview. Zoom stock price forecast for Analysts’ average price target for Zoom is about $, which implies a 31 percent upside from its current. BTIG, which lowered its price target to $ from $, reiterated its buy rating but said the cut was to “better reflect current market.

Zoom stock prediction 2021. Zoom Video Communications Inc.

Employees 7, Jobs report ahead. Key proxy votes coming at Google and Walmart. Tom Lauricella. Market Update. Stocks avoid bear market, barely, as retailers get slammed. Jakir Hossain. These funds moved from best to worst, or from worst to best, amid the stock market’s volatility. Katherine Lynch. This year’s selloff in technology shares was so steep it left these companies undervalued.

Fund Spy. The difference between growth and value funds was stark. David Carey. Stock Analyst Update. We have reduced confidence in Zoom’s long-term outlook. Dan Romanoff. Investing Specialists. All portfolios posted strong gains in absolute terms, but the ETF portfolios crushed their mutual fund counterparts. Christine Benz. Amy C. Following a frenzy of inflows, investors are fleeing for the exits amid the fund’s underperformance this year.

Amid disruption, two Oakmark and Morgan Stanley leaders keep an eye on company fundamentals. Laura Lallos. Stock Strategist Industry Reports. While rates matter to technology stock valuations, they haven’t been driving performance. ETF Specialist. A non-clickbait look into a few clickbait tickers. Many employees have even reported that they would quit their jobs if forced to come into the office. Clearly, we see strong demand for remote work driving tech stocks.

And companies are bending over backwards to meet that demand. You even have Facebook testing virtual reality VR meetings with their employees. Zoom is also set to come out with a VR conferencing feature in That’s all to say, if demand for video conferencing truly ever slows down it probably won’t , it will not be the end of remote work.

The real question is, will it ever be the end of Zoom? Or does Zoom control the remote conference market? Is it capable of entering other markets? Zoom was founded in by ex-Cisco Systems Inc. Today, it’s based in San Jose, Calif. The goal was always to provide video and other chat services via cloud, for business and education purposes. Its introduction to the public markets could not have been more timely.

It was right ahead of the coronavirus pandemic, when a dire need for Zoom software would emerge. The software received a fair bit of criticism for security and privacy reasons – for instance, at one point, strangers were dropping in on calls without warning.

Despite this, it remains the go-to for video conferencing. Here’s why this was not justifiable Zoom shares have consistently been plummeting since the big gain. On a graph, that might look like a disaster.

But if you bought in early , you’re still looking at more than double your money. The market thought vaccine distribution would take the stock down. So, naturally, the market dragged the stock down. With new variants on the horizon and all, that does not spell the end of the pandemic or the end of Zoom. But even if the pandemic completely disappeared, this company would have a lot of juice behind it still.

And what name pops in your head when you first think of video conferencing, other than FaceTime? Zoom Video Communications, of course. There is simply no other candidate around to challenge Zoom for a piece of that pie, so Zoom will continue to be a total monster in the industry.

For even more proof of that this stock’s slide is not backed by logic, look no further than the latest earnings report Despite any market disappointment with Zoom stock, and despite many businesses reopening, Zoom produced a stellar earnings report for the quarter ended July And that’s not even mentioning where it could go by yet.

We were only privileged to see the modest beginnings of Zoom in Really, the company wants to innovate even further. One new feature, the Zoom Whiteboard, presents a digital canvas that will allow people to collaborate visually, designed to be as close to the in-person experience as possible.

Zoom wants to tap into the virtual reality market, too. It’s teaming up with Horizon Workrooms, which will offer VR interface between workers and enable them to access the Zoom Whiteboard therein. While the early examples of these VR rooms come across gimmicky, don’t underestimate the appeal if tech companies can iron out the kinks.