Zoom Video Communications Inc. ($ZM) Stock Forecast: Down 3.6% Today

What is Zoom Video Communications Inc.?

Zoom Communications (ZM) is a popular video conferencing software company that has gained significant attention during the global shift to remote work.

Why is Zoom Video Communications Inc. going down?

ZM stock is down 3.6% on Feb 11, 2025 15:36

• Zoom Communications (ZM) experienced a strong bearish movement despite outpacing stock market gains in the recent trading session.
• The positive shift in stock price the day before might have led to profit-taking by investors, causing the bearish movement.
• The mention of other companies like Oracle and Boeing suggests that investors might have shifted their focus and investments towards these companies, leading to a decrease in demand for Zoom's stock.
• Overall, the bearish movement in Zoom Communications (ZM) could be attributed to a combination of profit-taking and shifting investor interest towards other companies.

ZM Price Chart

ZM Technical Analysis

ZM News

Zoom Communications ( ZM ) Outpaces Stock Market Gains: What You Should Know

In the most recent trading session, Zoom Communications (ZM) closed at $87.10, indicating a +1.14% shift from the previous trading day.

https://www.zacks.com/stock/news/2413181/zoom-communications-zm-outpaces-stock-market-gains-what-you-should-know

Oracle, Zoom, Uber And A Major Plane Maker: CNBC's 'Final Trades' - Oracle ( NYSE:ORCL ) , Boeing ( NYSE:BA )

Joshua Brown is staying long on Uber Technologies. Stephanie Link of Hightower Advisors picks Boeing. Next: Access Our New, Shockingly Simple 'Alert System' On CNBC's "Halftime Report Final Trades," Stephanie Link of Hightower Advisors named The Boeing Company BA as her final trade.

https://www.benzinga.com/25/02/43558886/oracle-zoom-uber-and-a-major-plane-maker-cnbcs-final-trades

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Zoom Video Communications Inc. Price History

22.07.2024 - ZM Stock was up 13.3%

• Zoom Video Communications (ZM) saw a strong bullish movement after surpassing second-quarter financial expectations, with earnings per share exceeding analyst estimates by 14.88%.
• Revenue growth, particularly from Enterprise customers, has been a key factor in boosting market confidence in ZM.
• Investor trust in Zoom's ability to capitalize on the remote work trend is reflected in the stock's performance today.
• Despite a downturn in U.S. stocks, Zoom Video Communications' positive earnings have demonstrated strong performance and resilience in a challenging market.

22.07.2024 - ZM Stock was up 12.9%

• Zoom Video (ZM) stock experienced a strong bullish movement after posting better-than-expected second-quarter financial results, including earnings of $1.39 per share and revenue of $1.16 billion.
• The company's positive Q2 earnings report and the raised FY25 targets contributed to the surge in stock price.
• Analysts revised their forecasts upwards for Zoom Video after the impressive Q2 results, further boosting investor confidence in the stock.
• Despite the overall market decline, Zoom Video stood out as one of the big stocks moving higher on Thursday, showcasing its resilience and growth potential in the current economic landscape.

23.07.2024 - ZM Stock was up 5.7%

• Following its strong second-quarter financial results, Zoom Video Communications, Inc. (ZM) saw a nearly 13% increase in its shares. The company reported earnings of $1.39 per share and revenue of $1.16 billion, exceeding analyst expectations.
• Despite the positive performance of ZM, Cathie Wood's Ark Innovation ETF ARKK made the decision to sell off its entire stake in the company. This move may have introduced some uncertainty among investors.
• Various factors, such as upcoming economic data and comments from Federal Reserve officials, including a speech by Federal Reserve Chair Jerome Powell, contributed to the mixed and restrained trading in Asian markets. These factors likely influenced overall market sentiment and played a role in ZM's upward momentum.
• Additionally, the announcement that Zoom now supports webinars for up to 1 million participants for a fee of $100,000 possibly contributed to the optimistic investor outlook and the rise in ZM's stock value.

22.10.2024 - ZM Stock was up 5.2%

• Zoom Video (ZM) stock showed a positive trend, closing at $77.75.
• Investors are optimistic about Zoom Video's Q3 earnings report, likely influencing the bullish movement.
• Although there was some bearish options activity, overall market sentiment towards Zoom Video appears positive, possibly due to expectations of growth in earnings and key metrics.

22.10.2024 - ZM Stock was up 5.4%

• Zoom Video (ZM) demonstrated a notable bullish trend today, amid fluctuations in its stock price over recent times.
• The upcoming Q3 earnings are expected to highlight growth in enterprise clients and advancements in AI technology, which may be influencing the positive market sentiment.
• Despite recent signs of bearish options activity, investor outlook on Zoom Video's performance appears positive, fueling the bullish movement in the stock.
• Market reaction to the company's growth potential and technological progress might be propelling today's upward momentum in Zoom Video's stock price.

29.09.2024 - ZM Stock was up 2.8%

• Zoom Video Communications (ZM) experienced a bullish movement despite a slight dip in the broader market.
• The minor dip in ZM's stock price could be attributed to profit-taking after recent gains.
• Investors may have regained confidence in ZM's long-term growth prospects, driving the bullish movement.
• Overall, ZM's resilience in the face of market fluctuations showcases its strong position in the video communications sector.

11.10.2024 - ZM Stock was up 5.1%

• Zoom Video Communications (ZM) closed at $80.19 today, experiencing a bullish movement.
• Despite its positive performance, the stock did not keep pace with the overall market.
• The slight increase of +0.63% may be linked to the positive sentiment in the tech sector.
• Investors could be cautiously optimistic about ZM's growth prospects in light of growing competition in the video conferencing industry.

26.10.2024 - ZM Stock was down 6.5%

• Zoom Video's stock faced a strong bearish movement after its third-quarter financial results, despite surpassing expectations.
• Analysts suggest that concerns about slowing growth in the company's guidance may have influenced the negative market sentiment.
• While the company's emphasis on Enterprise customers and revenue growth were positive, worries regarding future growth took precedence.
• The broader market sentiment, including declines in other prominent stocks like Leslie's Inc, likely also impacted the downward trend in Zoom Video's stock.

26.10.2024 - ZM Stock was down 7.2%

• Zoom Video Communications Inc (ZM) shares declined post the company's third-quarter financial results, despite analysts increasing price targets.
• The general market sentiment leaned towards positivity as U.S. stock futures traded higher, yet Zoom's poor results overshadowed this optimism.
• The downturn in Zoom's stock may be linked to investors reacting to underperformance, contrasting with the overall market hitting record highs.
• The negative effect on Zoom's stock price could have been worsened by the contrasting positive performance of other companies like Dow Jones and Russell 2000, diverting attention and capital away from Zoom.

26.10.2024 - ZM Stock was down 9.2%

• Zoom Video Communications (ZM) witnessed a significant decline despite announcing strong third-quarter financial results, surpassing revenue expectations.
• The market sentiment was optimistic, with the S&P 500 and Dow Jones Industrial Average achieving record highs, indicating a positive trend in the overall market.
• The decline in ZM's stock price could be attributed to profit-taking by investors following a period of robust performance and possible concerns regarding competition in the video conferencing sector.
• Despite the recent downturn, ZM continues to hold a prominent position in the remote communication industry and might experience a recovery in the future as the demand for virtual communication tools continues to rise.

23.00.2025 - ZM Stock was up 1.1%

• The bullish movement in ZM's stock today could be attributed to the decrease in short interest, indicating a potential positive sentiment among investors.
• The discussion around a stock discount may have led investors to seek alternative opportunities in undervalued tech stocks like ZM, driving up demand.
• Overall, the bullish movement in ZM's stock today may be a result of renewed investor confidence in the company's growth prospects and market position amidst evolving work trends.

11.01.2025 - ZM Stock was down 3.6%

• Zoom Communications (ZM) experienced a strong bearish movement despite outpacing stock market gains in the recent trading session.
• The positive shift in stock price the day before might have led to profit-taking by investors, causing the bearish movement.
• The mention of other companies like Oracle and Boeing suggests that investors might have shifted their focus and investments towards these companies, leading to a decrease in demand for Zoom's stock.
• Overall, the bearish movement in Zoom Communications (ZM) could be attributed to a combination of profit-taking and shifting investor interest towards other companies.