ZM Stock Recent News

Zoom Video Communications Inc. NASDAQ: ZM shares hit a new 52-week low despite improvements indicating normalization may be near completion in its business. Zoom stock was the darling of the pandemic era, surging to a high of $588.84 in October 2024 as the whole world went virtual during the global lockdowns.

Zacks.com users have recently been watching Zoom Video (ZM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Catharine Trebnick, Rosenblatt senior research analyst, joins 'Money Movers' to discuss the firm's upgrade of Zoom.

In the closing of the recent trading day, Zoom Video Communications (ZM) stood at $59.28, denoting a -1.59% change from the preceding trading day.

The heavy selling pressure might have exhausted for Zoom Video (ZM) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Recently, Zacks.com users have been paying close attention to Zoom Video (ZM). This makes it worthwhile to examine what the stock has in store.

Zoom Video Communications (ZM) concluded the recent trading session at $63.01, signifying a +0.11% move from its prior day's close.

Start to year was even better than hoped. Also: A flashback to the 30th anniversary of the Kidder Peabody bond scandal.

Zoom's stock initially soared after its earnings report, but has since given up those gains, providing another opportunity for investors. The company's growth rates may not excite investors, but headcount and data management may be headwinds that can ease in an improving macro environment. The company maintains $7 billion in net cash, representing 35% of the market cap.

In the closing of the recent trading day, Zoom Video Communications (ZM) stood at $63.78, denoting a -1.47% change from the preceding trading day.