Zoom (ZM)
About Zoom
Copy link to sectionWhat is Zoom?
Copy link to sectionZoom 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?
Copy link to sectionZoom 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?
Copy link to sectionZoom’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?
Copy link to sectionEric 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?
Copy link to sectionYou 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?
Copy link to sectionThe 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
Copy link to sectionWhat is the Zoom stock price today?
Copy link to sectionThe 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?
Copy link to sectionThe 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?
Copy link to sectionThe 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?
Copy link to sectionThe 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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