1 Artificial Intelligence (AI) Stock Is Up 23% in Just 2 Months, and It Can Still Climb Higher [Yahoo! Finance]
Zoom Video Communications, Inc. - Class A (ZM)
Last zoom video communications, inc. - class a earnings: 3/4 04:20 pm
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Source: Yahoo! Finance
Shares of Zoom Video Communications (NASDAQ: ZM) have underperformed the broad market this year, down 5% while the S&P 500 has gained 22%. However, a closer look at the stock's recent trajectory indicates the company is building impressive momentum. Zoom stock has surged around 23% since mid-August, and artificial intelligence (AI) seems to be playing a key role in its resurgence. Let's take a closer look at the AI-related prospects for Zoom and see why the growing adoption of this technology in the contact center market could become a game changer for the company. AI could help lift Zoom's anemic growth rate Zoom Video Communications became a household name during the pandemic with adoption of its platform skyrocketing, but its growth has been anemic for over two years now. Revenue in the fiscal 2025 second quarter (ended July 31) increased just 2.4% year over year in constant currency terms to $1.16 billion. The company has guided for full-year revenue of $4.64 billion to $4.
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ZM
News
- Zoom Video Communications, Inc. (NASDAQ: ZM) was upgraded by analysts at Scotiabank to a "hold" rating.MarketBeat
- Gear Up for Zoom Video (ZM) Q3 Earnings: Wall Street Estimates for Key Metrics [Yahoo! Finance]Yahoo! Finance
- Jenne, Inc. Expands Its Portfolio With the Addition of Zoom: Elevating Unified Communications Solutions for Customers [Yahoo! Finance]Yahoo! Finance
- Jenne, Inc. Expands Its Portfolio With the Addition of Zoom: Elevating Unified Communications Solutions for CustomersBusiness Wire
- Zoom Video Communications (ZM) Stock Sinks As Market Gains: What You Should Know [Yahoo! Finance]Yahoo! Finance
ZM
Earnings
- 8/21/24 - Beat
ZM
Sec Filings
- 11/12/24 - Form 13F-HR
- 11/7/24 - Form 4
- 11/5/24 - Form 144
- ZM's page on the SEC website