Zoom stock price forecast 2021 – none:
Zoom Video Communications ZM , a videoconferencing provider, has benefited from the Covid pandemic. What’s the ZM stock forecast for ? Investors should review and rebalance their portfolios regularly, minimizing exposure to stocks that could fall and increasing exposure to those that could rise. Zoom’s forecast may give some hints to investors on how to play it.
Zoom stock has fallen more than 10 percent in the past week, and is down 26 percent from its week high. Its performance mirrors that of many other stay-at-home stocks.
Other stay-at-home stocks that have retreated include Shopify, Roku, and Slack, which is selling itself to Salesforce.
As Zoom has benefited from the pandemic, some investors fear that a return to normal could diminish demand for its products and weigh on the stock. Investors are also looking at Zoom cautiously ahead of its earnings report.
The videoconferencing company is set to report its fourth-quarter earnings after markets close on Mar. On average, analysts recommend “hold” for Zoom stock. Investors worried about Zoom’s stock forecast seem to be ignoring how the company has been adjusting its business for the post-pandemic era.
Zoom management is aware that some gains that came with the pandemic might go away once life returns to normal. As a result, Zoom is adding products that will have long-term demand—as some companies are bringing some workers back to the office and allowing others to work remotely, Zoom is adjusting its products for that hybrid workspace. Additionally, the company is introducing new products, which include email and calendar services, conference room software Zoom Rooms, events marketplace OnZoom, and Zoom Phone , a cloud-based business phone service.
Zoom may also introduce corporate directory software. It wants to be part of its customers’ lives rather than simply being a service that people turn to occasionally.
Check out our new partnerships and support in the areas of education and equity, and welcome our first Head of Social Impact, rshirkhoda , to lead our philanthropy efforts. The money could help it make strategic acquisitions to catch up to the competition.
And this is evidenced by the fact that deep-pocketed investors continue to accumulate ZM stock. However, while the long-term outlook for Zoom stock looks promising, investors considering buying more shares now should proceed carefully. Trading at times its expected earnings, ZM stock looks stretched at the moment—investors may want to wait for the stock to come down a bit more.
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Zoom stock price forecast 2021 – none:.What Investors Might Be Getting Wrong About Zoom
The average Zoom stock price prediction forecasts a potential upside of % from the current ZM share price of $ What is ZM’s Earnings Per Share (EPS) forecast for ? (NASDAQ: ZM) Zoom’s current Earnings Per Share (EPS) is $ On average, analysts forecast that ZM’s EPS will be $ for , with the lowest EPS forecast. Mar 01, · Zoom stock price forecast for Analysts’ average price target for Zoom is about $, which implies a 31 percent upside from its current price of $ Their highest price forecast of $ Apr 10, · Their forecasts range from $ to $ On average, they predict Zoom Video Communications’ stock price to reach $ in the next year. This suggests a possible upside of % from the stock’s current price. View analysts’ price targets for Zoom Video Communications or view top-rated stocks among Wall Street analysts/5.