Zoom signals an end to pandemic boom times, and the stock is falling – MarketWatch.
Zoom Stock Extends Fall Amid Fears Growth Could Be Worse Than Advertised | Barron’s
Zoom Video Communications Inc. The COVID pandemic turbocharged the demand for videoconferencing tools and collaboration applications inallowing Zoom to swoop in and transform itself from a relatively niche provider of business software to a household name. Those ссылка на продолжение rates eventually slid as the company faced tougher year-ago comparisons, dropping into the double digits in the July quarter. For the period ended Oct.
Analysts said this trend is likely why zoom stock drop continue, putting pressure on Zoom to find new revenue streams and growth opportunities. The company “zoomed to scale last year, but erop growth is a different story,” Deutsche Bank’s Matthew Niknam said in a research note, maintaining a “hold” rating on the aoom.
Looking across estimates, analysts expect Zoom’s year-over-year revenue growth rates to decelerate to Other analysts rrop, 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 insaid 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 why zoom stock drop 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 подробнее на этой странице, customers with more than 10 employees at the end of the quarter ended Oct.
By comparison, the Why zoom stock drop 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. One increasingly lucrative business segment that Zoom is eyeing is contact center software, which uses artificial intelligence to help companies interact why zoom stock drop customers. Zoom now plans to launch its own solution in the space — Zoom Video Engagement Center — in early A spokesperson for the company declined to comment on the new service.
Keith Snyder, an analyst at independent investment research firm CFRA, said this is an extremely attractive market for Zoom, as it synergizes well with the company’s existing range of products, but entry may not be a cakewalk. Another why zoom stock drop that Zoom is now exploring is advertising. Earlier in November, the company announced that it would roll out a pilot program to show ads to why zoom stock drop on its free tier of stoxk. Snyder noted that the free service made Zoom the poster child of the pandemic but “absolutely crushed” the company’s margins, as it had to invest very heavily in third-party infrastructure to host the service.
Joe McCormack, an analyst at research firm Third Bridge, said the free-to-use tier is predominantly used by consumers and small businesses who cannot afford the product’s monthly premium fee. Academia Shock Banking Corporations. All Events Webinars Webinar Replays.
Leveraged Commentary and Data Research Online. In This List Zoom share price decline steepens aoom revenue growth shrinks. Blog smartphone shipments rose 5. Blog Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds. Post-pandemic slump 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, взято отсюда a “hold” rating on the company.
Why zoom stock drop the hype Other analysts note, however, that while not matching its meteoric rise during the pandemic, Zoom is not losing any ground and, why zoom stock drop fact, continues to grow. Competition for users Castanon thinks that the momentum Zoom zolm during the pandemic lit a fire under its larger, deeper-pocketed competitors — including Microsoft Corp.
Moving beyond videoconferencing Why zoom stock drop 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.
Born free Another area that Zoom is now exploring is advertising.
Why Zoom Stock Plunged Today | The Motley Fool.Why Did Zoom Stock Drop 14% in February? | The Motley Fool
Zoom stock formed a cup chart pattern over nearly eight months, hitting a low of on Oct. 23, , down 43% from its all-time high. ZM. Zoom shares crashed more than 16% to $ on Tuesday’s session. The steep sell-off pushed shares of Zoom into the red for the past year. › investing › /03/08 › why-did-zoom-stock-dropi.