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How to buy Zoom Video Communications stock (ZM)

Buy Zoom Video Communications stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Zoom Video Communications, established in 2011 and headquartered in San Jose, California, is a leading enterprise video communications provider. The company's revenue for the fiscal year 2023 was $4.39 billion. Zoom offers a cloud platform for chat, audio and video conferencing, and webinars across desktop, mobile and room systems. It also provides telehealth, Zoom rooms, business IM and a developer platform. Serving various sectors, including healthcare, government, education and finance, Zoom operates in multiple countries.

How to buy shares in Zoom Video Communications

  1. Open a brokerage account. Choose from our top broker picks or compare brokers in depth. Then, complete an application.
  2. Fund your account. Add money to your account via bank transfer, debit card or credit card.
  3. Search the platform by ticker symbol. ZM in this case.
  4. Choose an order type. Place a market order or limit order with your preferred number of shares or dollar amount.
  5. Submit the order. It's that simple.
The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving license and a means of payment.

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Looking ahead - Zoom stock Q4 2023

Zoom reported a total revenue of $1.14 billion in Q3 2023, marking a 3.2% increase from the previous year. The company's performance was driven by strong enterprise sales, indicating its resilience in a competitive market for business collaboration software. Analysts expect Zoom's revenue to continue its growth trajectory, with the company providing a revenue forecast falling just shy of projections. For 2024, Zoom is expected to focus on product innovation and market expansion to grow in the remote work and digital communication sector.

Is it a good time to buy Zoom Video Communications stock?

Review technicals and fundamentals to help you determine if now's a good time for you to invest.

Technical analysis

View Zoom Video Communications's price performance, share price volatility, historical data and technicals.

Use our graph to track the performance of ZM stock over time.

Historical closes compared with the last close of $58.88

1 week (2024-06-13)1.97%
1 month (2024-05-21)-8.54%
3 months (2024-03-21)-10.73%
6 months (2023-12-21)-18.79%
1 year (2023-06-21)-12.71%
2 years (2022-06-21)-48.88%
3 years (2021-06-21)-84.28%
5 years (2019-06-20)-41.40%

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

Is Zoom Video Communications under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Zoom Video Communications P/E ratio, PEG ratio and EBITDA.

Zoom Video Communications's current stock price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 21x. In other words, Zoom Video Communications's stocks trade at around 21x recent earnings.

That's comparable to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 09, 2023 (20.44).

Zoom Video Communications's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 4.7503. Higher PEG ratios such as this can be interpreted as meaning the shares offer worse value given the current rate of growth.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Zoom Video Communications's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Zoom Video Communications's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $825.4 million.

The EBITDA is a measure of Zoom Video Communications's overall financial performance and is widely used to measure a its profitability.

Share price volatility

Over the last 12 months, Zoom Video Communications's shares have ranged in value from as little as $55.63 up to $75.9. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Zoom Video Communications's is -0.013. This would suggest that Zoom Video Communications's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Zoom Video Communications has bucked the trend.

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Written by

Dhara Singh

Dhara Singh was a freelance personal finance writer at Finder specializing in loans. Formerly she was a top 10 journalist at Yahoo Finance with more than 38+ million content views where she covered retirement and mortgages. She has also written for Bankrate, and CNET and continues to write for a variety of outlets, such as Investopedia and Worth magazine. Her articles focus on equipping readers with the right information and data so they can make the most informed decisions related to their finances. Dhara previously worked as an insights analyst for Finder’s PR team, where she started the Deadliest Cities to Drive series in 2018, connecting interesting data analysis to a suite of car insurance products. When she’s not writing, Dhara coaches small business owners through her Stories to Sales programs and empowers them to use their life experiences to help other people. She has also self-published a poetry book on Amazon called Tell her She’s Lovely. Dhara holds a B.S. in Finance and Supply Chain Management from Rutgers University and a M.S. in Journalism from Columbia University. See full profile

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