Investing in Zoom Stock ZM

what is zoom trading at

For better or worse, Zoom has become synonymous with the pandemic. Its rise to prominence and the resulting performance were tied to a contrary to opinion, week appears, ultimately, a long time massive need for video communications at the height of lockdowns. This demand pulled forward a ton of growth and warped some investors’ views of the company’s fundamentals. In addition to that, I don’t think Zoom is currently trading at an attractive-enough valuation — investors who are still excited about the stock may be wise to wait for a larger decline before considering an investment. Zoom Video reported revenues of $1.14 billion in the last reported quarter, representing a year-over-year change of +3.3%.