In the longer-term, the company needs to come up with positive catalysts or its stock will remain under pressure. In the near term, the stock may find some buyers as its RSI is close to the extremely overbought territory. While the company tries to position itself for a hybrid work model in the post-pandemic work, it is not clear whether the market will be patient in case the company does not show material growth in the upcoming quarters.Īt this point, it looks that the risks of additional multiple compression remain elevated. This means that Zoom stock remains expensive even after the massive pullback from historic highs.Ĭurrent analyst consensus implies no growth on the earnings side, which is bearish for a growth stock which is trading at a rich valuation. Market cap of HCC rose to Rs 2,218.10 lakh crore. Shares of Zoom are down by roughly 65% from highs that were reached back in October 2020, but it remains to be seen whether traders will rush to buy the stock after another pullback.Īnalysts expect that Zoom will report earnings of $4.77 per share in the next fiscal year, so the stock is trading at roughly 43 forward P/E. HCC share price touched an intraday high of Rs 14.66, rising 19.97 per cent on BSE. The median estimate represents a 33.82 difference from the last price of 83.37.Analysts have rushed to decrease their price targets for Zoom stock due to growth concerns, and analyst downgrades have clearly served as additional bearish catalysts for the company’s shares. The 85 analysts offering price forecasts for Zoom Video Communications have a median target of 246.52, with a high estimate of 550.00 and a low estimate of 76.00. What are analysts forecasts for Zoom Video Communications stock? According to the current price, Zoom Video Communications is 28.62% away from the 52-week high.
The high in the last 52 weeks of Zoom Video Communications stock was 291.31. What was the 52-week high for Zoom Video Communications stock? According to the current price, Zoom Video Communications is 118.32% away from the 52-week low. The low in the last 52 weeks of Zoom Video Communications stock was 70.46. What was the 52-week low for Zoom Video Communications stock?
The average rating score is and is based on 36 buy ratings, 44 hold ratings, and 5 sell ratings. Zoom Video Communications stock has received a consensus rating of hold. Is Zoom Video Communications stock a Buy, Sell or Hold?
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