|Bid||170.78 x 1300|
|Ask||170.94 x 800|
|Day's Range||170.00 - 172.37|
|52 Week Range||120.66 - 211.68|
|Beta (5Y Monthly)||0.47|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Yes, shares in Zoom Video soared during the coronavirus crisis. But post-pandemic, what's the outlook for Zoom stock as Wall Street wonders if Five9 deal will close?
Now that growth is coming back to earth, the stock has fallen 51% from its high last year. Despite that, there are several good reasons to think Zoom could stage a rebound. In the second quarter of last year, Zoom saw sales climb more than 350% and customers with more than 10 users jump over 450%.
Zoom Video Communications Inc's proposed $15 billion deal for cloud-based call center operator Five9 Inc may be delayed by a U.S. Justice Department-led committee review but is unlikely to be scrapped, analysts said on Wednesday. Zoom agreed in July to buy Five9, its biggest deal yet, to diversify from its core video conferencing services that helped power its meteoric growth at the start of the pandemic. Zoom's shares tumbled last month after the company signaled a faster-than-expected drop in demand, with some industry experts also questioning its future plans as people returned to office.