Zoom Q3 Earnings & Revenues Beat Estimates: Time to Buy the Stock? [Yahoo! Finance]
Zoom Video Communications, Inc. - Class A (ZM)
Last zoom video communications, inc. - class a earnings: 3/4 04:20 pm
Check Earnings Report
Company Research
Source: Yahoo! Finance
attractive buying opportunity. (Read More: Zoom Q3 Earnings Beat, Enterprise Customers Drive Revenues) The company reported adjusted earnings of $1.38 per share, surpassing the Zacks Consensus Estimate by 5.34% with a 7% year-over-year growth. Revenues hit $1.178 billion, surpassing expectations by 1.23% and showing a 3.6% year-over-year increase. The company has consistently outperformed earnings estimates in each of the trailing four quarters, maintaining an average surprise of 17.81%. Shares of Zoom has seen its stock price surge 34.4% over the past six months against the broader Zacks Computer and Technology sector's growth of 8.1%. The recent uptick in Zoom's stock price can be attributed to several factors raising questions among investors about whether now is the time to buy or hold onto existing positions. First, the company has been making strides in diversifying its product offerings beyond its core video conferencing platform. Zoom's expansion into areas such as contact
Show less
Read more
Impact Snapshot
Event Time:
ZM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ZM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ZM alerts
High impacting Zoom Video Communications, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
ZM
News
- Zoom Video Communications, Inc. (NASDAQ: ZM) was upgraded by analysts at Jefferies Financial Group Inc. from a "hold" rating to a "buy" rating. They now have a $100.00 price target on the stock, up previously from $85.00.MarketBeat
- Zoom Video Communications, Inc. (NASDAQ: ZM) had its price target raised by analysts at Morgan Stanley from $86.00 to $96.00. They now have an "equal weight" rating on the stock.MarketBeat
- Are You a Momentum Investor? This 1 Stock Could Be the Perfect Pick [Yahoo! Finance]Yahoo! Finance
- Bull of the Day: Zoom Communications (ZM) [Yahoo! Finance]Yahoo! Finance
- Why Zoom Video (ZM) International Revenue Trends Deserve Your Attention [Yahoo! Finance]Yahoo! Finance
ZM
Earnings
- 11/25/24 - Beat
ZM
Sec Filings
- 12/11/24 - Form 4
- 12/11/24 - Form 4
- 12/11/24 - Form 4/A
- ZM's page on the SEC website