ZoomZM Market cap $21.1B
About: Zoom Video Communications provides a communications platform that connects people through video, voice, chat, and content sharing. The company's cloud-native platform enables face-to-face video and connects users across various devices and locations in a single meeting. Zoom, which was founded in 2011 and is headquartered in San Jose, California, serves companies of all sizes from all industries around the world.
Employees: 7,420
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
9% more funds holding in top 10
Funds holding in top 10: 11 [Q1] → 12 (+1) [Q2]
2% more repeat investments, than reductions
Existing positions increased: 220 | Existing positions reduced: 215
2% more call options, than puts
Call options by funds: $604M | Put options by funds: $593M
1.61% less ownership
Funds ownership: 69.79% [Q1] → 68.18% (-1.61%) [Q2]
3% less funds holding
Funds holding: 657 [Q1] → 639 (-18) [Q2]
11% less capital invested
Capital invested by funds: $11.9B [Q1] → $10.6B (-$1.26B) [Q2]
16% less first-time investments, than exits
New positions opened: 95 | Existing positions closed: 113
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Rosenblatt Catharine Trebnick 46% 1-year accuracy 26 / 57 met price target | 14%upside $78 | Buy Maintained | 4 Oct 2024 |
Deutsche Bank Matthew Niknam 80% 1-year accuracy 12 / 15 met price target | 9%upside $75 | Hold Maintained | 23 Aug 2024 |
Wells Fargo Phil Winslow 25% 1-year accuracy 1 / 4 met price target | 13%downside $60 | Underweight Maintained | 22 Aug 2024 |
Rosenblatt Catharine Trebnick 46% 1-year accuracy 26 / 57 met price target | 14%upside $78 | Buy Maintained | 22 Aug 2024 |
Baird William Power 50% 1-year accuracy 9 / 18 met price target | 12%upside $77 | Outperform Maintained | 22 Aug 2024 |
Financial journalist opinion
Based on 21 articles about ZM published over the past 30 days