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Will Zoom Stock Keep Falling in ? | The Motley Fool
Executives dashed any remaining hopes for continuing booming growth, however, in guiding for a big slowdown in sales increases this year and promises to spend bigger for opportunities in the future. Analysts were expecting Zoom to establish a path with smaller growth. They were still hoping for more, however. One way Zoom executives expect to widen the addressable market is a focus on call centers and providing software for them.
The company previously attempted to acquire Five9 Inc. FIVN, For more: Zoom and Five9 may not be broken up forever. MSFT, Zoom executives also announced Monday that ServiceNow Inc. NOW, You can follow him on Twitter jowens Home Industries Software Earnings Results.
Our Purpose:. Latest Stock Picks. Today's Change. Current Price. Zoom was pulled down by growth stock sell-off. Image source: Getty Images. Zoom Video Communications. Motley Fool Returns Market-beating stocks from our award-winning service.
Stock Advisor Returns. Join Stock Advisor. Our Most Popular Articles. Get Started Now. View Premium Services. Analysts said this trend is likely to continue, putting pressure on Zoom to find new revenue streams and growth opportunities. The company "zoomed to scale last year, but post-pandemic growth is a different story," Deutsche Bank's Matthew Niknam said in a research note, maintaining a "hold" rating on the company.
Looking across estimates, analysts expect Zoom's year-over-year revenue growth rates to decelerate to Other analysts note, however, that while not matching its meteoric rise during the pandemic, Zoom is not losing any ground and, in fact, continues to grow.
Zoom has been both a beneficiary and a victim of hype ever since it first exploded onto the scene at the dawn of the pandemic in , said Raul Castanon, a senior research analyst covering workforce collaboration and communication platforms at Research. After Zoom reported earnings after market close Nov.
Castanon thinks that the momentum Zoom experienced during the pandemic lit a fire under its larger, deeper-pocketed competitors — including Microsoft Corp. The market is now crowded with very well-established alternatives, and Zoom is feeling the impact. Zoom reported about , customers with more than 10 employees at the end of the quarter ended Oct. By comparison, the October quarter saw Moving beyond videoconferencing.
Why are zoom shares dropping -
Founded in by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources , and more. Learn More. They plunged after the company reported its fiscal Q3 results at yesterday's market close.
That's kind of strange because, by all accounts, Zoom Video Communications had a pretty great quarter. Non-GAAP income per share a. And even when calculated according to generally accepted accounting principles GAAP , Zoom managed to eke out a profit in the quarter.
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Current Price. Your guess is as good as anybody else's. Turns out, Zoom's quarter was actually pretty fantastic. The stock is down a disappointing Image source: Getty Images. Zoom Video Communications. Motley Fool Returns Market-beating stocks from our award-winning service. Stock Advisor Returns. Join Stock Advisor.
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- Why are zoom shares dropping
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All three major indexes finished the week lower. Within the next 15 years, people 65 or older are expected outnumber those under 18, for the first time in U. Meanwhile, the Federal Reserve enters a blackout period before its next policy-setting meeting later this month.
Although big drops in the stock market can be unnerving and tug on investors' emotions, they're also, historically, an excellent time to put your money to work. Corrections and bear markets tend to run their course relatively quickly, and all notable declines throughout history have eventually been erased by a bull market rally.
Blockbusters have returned to the big screen, helping AMC bounce back from pandemic-forced shutdowns. As the world faces war, an ongoing public health crisis, and social injustice, corporate executives have found themselves facing questions from their own employees about whether or not they plan to take a stand.
After Zoom reported earnings after market close Nov. Castanon thinks that the momentum Zoom experienced during the pandemic lit a fire under its larger, deeper-pocketed competitors — including Microsoft Corp. The market is now crowded with very well-established alternatives, and Zoom is feeling the impact. Zoom reported about , customers with more than 10 employees at the end of the quarter ended Oct. By comparison, the October quarter saw Moving beyond videoconferencing. Although Zoom's claim to fame was its videoconferencing platform, the company is looking to expand its presence into other businesses as it seeks to reaccelerate growth.
Meanwhile, the Federal Reserve enters a blackout period before its next policy-setting meeting later this month. Although big drops in the stock market can be unnerving and tug on investors' emotions, they're also, historically, an excellent time to put your money to work. Corrections and bear markets tend to run their course relatively quickly, and all notable declines throughout history have eventually been erased by a bull market rally.
Blockbusters have returned to the big screen, helping AMC bounce back from pandemic-forced shutdowns. As the world faces war, an ongoing public health crisis, and social injustice, corporate executives have found themselves facing questions from their own employees about whether or not they plan to take a stand.
Europe, where Tesla has just opened a production site, is an important market for the electric vehicle manufacturer and its CEO. A decent dividend plus a bargain price adds up to an incredible opportunity for investors to consider. Dow Futures 32, Nasdaq Futures 12,
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