Zoom Video Communications Stock News

Zoom Video Communications raised its forecast for fiscal 2025 revenue on Monday, anticipating robust demand for its online video conferencing software as it expands its product portfolio, and clients embrace hybrid working models.

SAN JOSE, Calif., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Zoom Communications, Inc. (NASDAQ: ZM) today announced financial results for the third fiscal quarter ended October 31, 2024. On November 25, 2024, the company changed its corporate name from Zoom Video Communications, Inc. to Zoom Communications, Inc.

Markets will be closed on Thursday for Thanksgiving. Earnings from retailers and October inflation data will be the week's highlights.

Zoom's stock has surged 46.80% since summer, driven by strong Q2 2025 earnings, signaling a profitable turnaround. AI-powered features like AI Companion and real-time translation are key growth drivers, enhancing Zoom's value proposition and attracting multinational corporations. Despite a significant stock run-up, Zoom's forward P/E ratio remains attractive, suggesting further upside as market...

Zoom Video's stock price has bounced back in the past few months as investors continue to see it as an undervalued company. After dropping to $55.12 in August, the stock has jumped by over 47% to $81.20, giving it a market cap of over $24 billion.

Zoom Video Communications Inc (NASDAQ:ZM) is gearing up for its latest earnings report, due out after the close on Monday, Nov. 25.

AVON, Ohio--(BUSINESS WIRE)-- #AI--Jenne, Inc., a premier value-added distributor of technology products and solutions, is excited to announce a significant expansion of its portfolio with the addition of Zoom Video Communications, Inc. (NASDAQ: ZM). This collaboration will bring Zoom's AI-first work platform to Jenne's resellers and their customers, offering enhanced solutions for a new era of...

DALLAS--(BUSINESS WIRE)-- #communications--Korbyt becomes the first digital signage partner to join the Zoom ISV Exchange Program.