ZM Stock Summary and Trading Ideas (Zoom Communications - Class A | NASDAQ:ZM)

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.

Zoom Communications - Class A trades on the NASDAQ stock market under the symbol ZM.

As of February 10, 2025, ZM stock price climbed to $87.81 with 1,046,643 million shares trading.

ZM has a beta of 0.71, meaning it tends to be less sensitive to market movements. ZM has a correlation of 0.08 to the broad based SPY ETF.

ZM has a market cap of $26.91 billion. This is considered a Large Cap stock.

Last quarter Zoom Communications - Class A reported $1 billion in Revenue and $1.38 earnings per share. This beat revenue expectation by $14 million and exceeded earnings estimates by $.07.

In the last 3 years, ZM traded as high as $152.69 and as low as $55.06.

The top ETF exchange traded funds that ZM belongs to (by Net Assets): VTI, VO, COWZ, VXF, VGT.

ZM has outperformed the market in the last year with a price return of +37.5% while the SPY ETF gained +22.9%. ZM has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +9.5% and +9.5%, respectively, while the SPY returned +1.9% and -0.5%, respectively.

ZM support price is $84.38 and resistance is $87.86 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ZM shares will trade within this expected range on the day.