Zoom Video Communications stock chart and stats by TipRanks. View ZM stock price historical chart Zoom Video Communications stock data graph & market. Oops looks like chart could not be displayed! Please contact cnbc support to provide details about what went wrong. Open; Day High Market cap history of Zoom from to ; , $ B · % ; , $ B · % ; , $ B · % ; , $ B.
 
 

Zoom Stock Surged % in Is It a Buy for ? | The Motley Fool.ZM | Zoom Video Communications Inc. Stock Overview (U.S.: Nasdaq) | Barron’s

It also made sense when Zoom’s surging stock started to back down in October. Several coronavirus vaccines made huge steps toward general availability, leading up to final approvals by the Food and Drug Administration in December.

Zoom investors saw the potential for continued hypergrowth fade out because there will be lower demand for Zoom calls when life gets back to normal again. The company is not resting on its laurels. Zoom is growing like wildfire and also robustly profitable these days:.

Zoom is investing this windfall into a larger range of interesting business ideas. The company is building local offices around the world in an attempt to boost its international sales growth. For example, Zoom introduced a web-based set of email and calendar services right before Christmas.

With the right features and smart marketing, Zoom could turn this into a robust competitor to established solutions such as Gmail and Outlook. There’s actually no reason to believe that everything will go back to the way it was before the pandemic. Some of the new business tools and policy changes just needed a push to get over the threshold.

There’s no denying that Zoom’s stock is costly, even after the vaccine-inspired correction. Shares are changing hands at 56 times trailing sales, times trailing earnings, and 71 times the company’s book value right now.

Then again, growth investors don’t mind paying a premium for companies with a history of skyrocketing sales growth. The big profits can wait — this is the time to invest every spare penny into growth-boosting business ideas, a rising headcount, a bigger marketing splash, and so on.

Zoom is doing all of that, but the company is already profitable anyway. I wouldn’t be surprised to see the bottom line dip back into the red ink in and beyond as Zoom leans into maximizing its revenue growth while the iron is hot. The stock might run into a couple of significant drops along the way as investors weigh the long-term growth plan against the sudden lack of short-term profits.

With that in mind, I would suggest buying a few Zoom shares today and preparing to buy more if and when the predicted price drops arrive. I could be wrong about the imminent price drops, which is why you want to get started at today’s lofty prices. But if I’m right — and I really do expect Zoom’s stock to become cheaper over the next few months — you’ll thank me for the reminder to have some dry powder available.

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Zoom stock price history 2020

 
Comparable companies. Compare more metrics Compare with other companies ; ZM. Zoom Video Communications Inc. $B · , , ; PHR. Phreesia Inc. Created with Highstock Zoom 1m 3m 6m YTD 1y All From Mar 2, To Jun 2, NASDAQ:ILMN News Releases Mar Apr May Open. $ Previous Close ; YTD Change. %. 12 Month Change. % ; Day Range · 52 Wk Range –