Zoom (ZM)

Learn everything you need to know about Zoom and find links to beginner-friendly guides that show you the best way to invest in it.
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Updated: Feb 15, 2023
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About Zoom

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What is Zoom?

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Zoom is a cloud-based video conferencing software that allows users to conduct online meetings, webinars, and virtual events. It was founded in 2011 by Eric Yuan and has grown in popularity in recent years, mainly due to the COVID-19 pandemic that forced people to work and learn remotely.

Zoom offers a range of features such as screen sharing, virtual backgrounds, recording and transcripts, and chat. It can be accessed through a web browser or downloaded as a desktop or mobile app.

How does Zoom make money?

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Zoom primarily makes money through its subscription-based business model. It offers four pricing plans: Basic, Pro, Business, and Enterprise, with increasing features and capabilities.

The Basic plan is free but limits meetings to 40 minutes and the number of participants to 100. The Pro plan starts at $14.99 monthly and includes longer meeting times, more participants, and additional reporting and user management features.

The Business and Enterprise plans are designed for larger organisations with more complex needs and include features such as dedicated phone support and custom branding.

What is Zoom’s best selling service?

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Zoom’s most popular service is its video conferencing software, which is the backbone of its business. It has become a necessary tool for remote work and distance learning, allowing people to connect virtually and collaborate from anywhere in the world.

Who are the key executives at Zoom?

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Eric S. Yuan is Zoom’s founder and current CEO. Here’s a selection of other key executives working at the company.

  • Eric S. Yuan. Founder, CEO & Chairman
  • Kelly Steckelberg. CFO & Treasurer
  • Janine Pelosi. Chief Marketing Officer
  • Ryan Azus. Chief Revenue Officer
  • Gregory Tomb. President
  • Shane Crehan. Chief Accounting Officer
  • Brendan Ittelson. Chief Technology Officer
  • Gary Sorrentino. Global Chief Information Officer

Where can I buy shares in Zoom?

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You can buy Zoom stock on a stock trading platform. These platforms are extremely simple to use but there are different options to suit your specific needs. If you are a first-time investor you might want to use a trading platform for beginners, while if you plan on doing a lot of trading from your phone, a stock trading app might be best.

Are there any other ways to invest in Zoom?

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The simplest way to invest in Zoom is to buy shares through a stock broker. However, you can also invest through an ETF or a fund. The best ETFs allow you to invest in the stock market more generally rather than focus on one company.

Zoom is part of the Nasdaq index, so you can invest in an ETF that tracks that index, or choose a technology ETF that lets you own a basket of related stocks from the same industry.

More about the ZM price

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What is the Zoom stock price today?

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The ZM stock price today is currently $77.90, as of 15 February, 2023. The price of Zoom is down 46.54% in the past 52 weeks. You can use the live Zoom stock chart to track the NASDAQ:ZM price in real time above, or compare the Zoom value today to its past performance using the Zoom financials tab at the top of this page.

What is the 52-week low for Zoom stock?

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The 52-week low for Zoom stock is $63.55. ZM stock is currently 22.45% above the 52-week low.

What is the 52-week high for Zoom stock?

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The 52-week high for Zoom stock is $144.69. ZM stock is currently 32.45% below the 52-week high.

What is the stock forecast for Zoom?

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The average Zoom stock forecast has a price target of $85.74 by the end of 2023. Zoom’s latest financial results, the broader economic outlook, and the industry’s competition all influence these forecasts.

It’s best to take analyst forecasts with a grain of salt but you can use their estimates to help you understand the weight of opinion about a stock.

More stock guides

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FAQs

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How much is Zoom worth?
When did ZM stock go public?
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Does Zoom pay a dividend?

Latest Zoom news

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Recent Zoom analysis

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TTOO stock price outlook as big shareholder dumps shares
September 26, 2023
W.P Carey stock price has nosedived: don’t buy the dip for now
September 26, 2023
Nasdaq 100 index is hanging on a thread: may drop to $13,825 soon
September 26, 2023

Sources & references
Risk disclaimer
Prash Raval
Financial Writer
When not researching stocks or trading, Prash can be found either on the golf course, walking his dog or teaching his son how to kick a… read more.