Zoom Video upgraded by Rosenblatt with a new price target
$ZM
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Rosenblatt upgraded Zoom Video from Neutral to Buy and set a new price target of $75.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/17/2024 | $80.00 → $85.00 | Outperform | Wedbush |
| 4/18/2024 | $75.00 | Neutral → Buy | Rosenblatt |
| 3/19/2024 | $70.00 | Hold | Jefferies |
| 1/18/2024 | $60.00 | Neutral → Underperform | Exane BNP Paribas |
| 12/20/2023 | $70.00 | Equal Weight → Underweight | Wells Fargo |
| 11/17/2023 | $66.00 | Sell → Neutral | Citigroup |
| 9/15/2023 | $83.00 | Buy | HSBC Securities |
| 5/23/2023 | $85.00 | Underperform → Market Perform | MoffettNathanson |
144 - Zoom Video Communications, Inc. (0001585521) (Subject)
144 - Zoom Video Communications, Inc. (0001585521) (Subject)
144 - Zoom Video Communications, Inc. (0001585521) (Subject)
Wedbush resumed coverage of Zoom Video with a rating of Outperform and set a new price target of $85.00 from $80.00 previously
Rosenblatt upgraded Zoom Video from Neutral to Buy and set a new price target of $75.00
Jefferies initiated coverage of Zoom Video with a rating of Hold and set a new price target of $70.00
SC 13G/A - Zoom Video Communications, Inc. (0001585521) (Subject)
SC 13G/A - Zoom Video Communications, Inc. (0001585521) (Subject)
SC 13G/A - Zoom Video Communications, Inc. (0001585521) (Subject)
The Nasdaq 100 closed lower by over 180 points during Friday's session. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision. Below is a look at a few recent notable insider sales. For more, check out Benzinga’s insider transactions platform. Bank of America The Trade: Bank of America Corporation (NYSE:BAC) CEO Sundar Pichai sold a total of 33,890,927 sh
Zoom Video Communications Inc (NASDAQ:ZM), the company behind the popular Zoom platform, went public in April 2019, raising $357M. During the height of the COVID-19 pandemic, Zoom became a superstar, with its stock value soaring by almost 900% in a single year. However, in 2020, the FBI, Google, and SpaceX raised concerns about Zoom's encryption practices. Following the news about their encryption practices, Zoom's stock price dropped to $150, and they faced a lawsuit from investors. In October 2023, Zoom reached a settlement with shareholders to pay $150M to affected investors. All affected investors can file a claim to receive the payment. After resolving all the lawsuits, the main
Piper Sandler analyst James Fish maintains Zoom Video Comms (NASDAQ:ZM) with a Neutral and lowers the price target from $72 to $68.
SAN JOSE, Calif., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications (NASDAQ:ZM), today announced that Michelle Chang has been appointed as its Chief Financial Officer (CFO), effective October 7, 2024. Chang brings more than 25 years of experience in financial leadership roles, most recently serving as Corporate Vice President and CFO of Microsoft's Commercial Sales & Partner Organization. Reporting directly to Zoom's founder and CEO Eric S. Yuan, Chang will be responsible for overseeing Zoom's financial strategy, and will lead the global finance organization, including investor relations, tax, accounting and FP&A. Chang will succeed Kelly Steckelberg, who as previously announced
SAN JOSE, Calif., Aug. 26, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ:ZM) announced that it has appointed Mike Fenger, vice president Worldwide Sales, Apple, as an independent director on Zoom's Board of Directors effective immediately. "Zoom plays an important role connecting people around the world, and I'm excited to join the Board and contribute to its future success," said Mike Fenger, vice president Worldwide Sales, Apple. "Eric Yuan has built a great team and the company's dedication to driving innovative technology is inspiring. I'm really looking forward to working with them." "On behalf of Zoom's Board of Directors, I am thrilled to welcome Mike to the
SAN MATEO, Calif., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Freshworks Inc., (NASDAQ:FRSH) today announced the appointment of Abe Smith as the company's Chief of Global Field Operations. He will be responsible for leading field sales worldwide as Freshworks grows upmarket and new business increasingly comes from field sales. Smith brings nearly 25 years of experience at public software companies Zoom, Oracle and Cisco (WebEx), leading teams responsible for building relationships to top enterprise customers and driving more than $1 billion in revenue. "Abe is an impressive leader who has successfully scaled field sales from local to international and mid market to enterprise. This makes him excep
SAN JOSE, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ:ZM) today announced it will release its financial results for the third quarter of fiscal year 2025 on Monday, November 25, 2024, after the market closes. A live Zoom Webinar of the event can be accessed at 2:00 pm PT / 5:00 pm ET through Zoom's investor relations website at https://investors.zoom.us. A replay will be available approximately two hours after the conclusion of the live event. About ZoomZoom's mission is to provide an AI-first work platform for human connection. Reimagine teamwork with Zoom Workplace — Zoom's open collaboration platform with AI Companion empowers teams to be
SAN JOSE, Calif., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ:ZM), today announced that Gartner has named Zoom a Leader in the 2024 Gartner® Magic Quadrant™ for Unified Communications as a Service (UCaaS), Worldwide for the fifth time in a row. The UCaaS report evaluated 11 companies in the unified communications space, and Zoom has been recognized as a Leader in this. Zoom includes enterprise-grade solutions like Zoom AI Companion, Zoom Contact Center, Zoom Team Chat, Zoom Phone, Zoom Meetings, and Workvivo. "We believe being named a Leader in the Gartner Magic Quadrant for UCaaS for the fifth year in a row is a true testament to our dedication and commitmen
Zoom's AI Companion custom add-on triggers actionable workflows in ServiceNow Now Assist to keep projects moving forward Today at Zoom's annual partner and customer event, Zoomtopia 2024, ServiceNow (NYSE:NOW) and Zoom (NASDAQ:ZM) announced an expanded strategic alliance to usher in a new era of intelligence with smarter collaboration and peak productivity across the enterprise. The two companies' generative AI (GenAI) technologies, ServiceNow Now Assist and Zoom AI Companion, will integrate in the first half of 2025 to offer organizations advanced workflow automation for tasks and activities across Zoom and ServiceNow. This press release features multimedia. View the full release here: ht
Second quarter total revenue of $1,162.5 million, up 2.1% year over year as reported and 2.4% in constant currencySecond quarter Enterprise revenue of $682.8 million, up 3.5% year over yearSecond quarter GAAP operating margin of 17.4% and non-GAAP operating margin of 39.2%Second quarter operating cash flow of $449.3 million, up 33.7% year over yearRepurchased approximately 4.8 million shares of common stock in Q2 SAN JOSE, Calif., Aug. 21, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ:ZM), today announced financial results for the second fiscal quarter ended July 31, 2024. "In Q2, we outperformed our guidance across the board and grew operating cash flow and free c
First quarter total revenue of $1,141.2 million, up 3.2% year over year as reported and 3.5% in constant currencyFirst quarter Enterprise revenue of $665.7 million, up 5.3% year over yearFirst quarter GAAP operating margin of 17.8% and non-GAAP operating margin of 40.0%First quarter operating cash flow of $588.2 million, up 40.6% year over yearRepurchased approximately 2.4 million shares of common stock SAN JOSE, Calif., May 20, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ:ZM), today announced financial results for the first fiscal quarter ended April 30, 2024. "In Q1, we continued to integrate AI across our platform including Zoom Contact Center and Zoom Workplace, o
NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Nasdaq (NASDAQ:NDAQ) today announced the results of the annual reconstitution of the Nasdaq-100 Index® (NASDAQ:NDX), which will become effective prior to market open on Monday, December 18, 2023. The following six companies will be added to the Index: CDW Corporation (NASDAQ:CDW), Coca-Cola Europacific Partners plc (NASDAQ:CCEP), DoorDash, Inc. (NASDAQ:DASH), MongoDB, Inc. (NASDAQ:MDB), Roper Technologies, Inc. (NASDAQ:ROP), and Splunk Inc. (NASDAQ:SPLK). The Nasdaq-100 Index® is composed of 100 of the largest non-financial companies listed on The Nasdaq Stock Market® and dates to January 1985 when it was launched along with the Nasdaq Fina
4 - Zoom Video Communications, Inc. (0001585521) (Issuer)
4 - Zoom Video Communications, Inc. (0001585521) (Issuer)
4 - Zoom Video Communications, Inc. (0001585521) (Issuer)