For the fiscal fourth quarter, Zoom forecast adjusted earnings of $1.06 to $1.07 per share on $1.051 billion to $1.053 billion in revenue, which implies 19% growth. 31, slowing from 54% growth in the quarter before.

Zoom's revenue increased 35% from a year earlier in the quarter, which ended Oct. Learn about our consumer drones like DJI Mavic 3, DJI Air 2S, DJI FPV. 'Moderating growth has been, and could continue to be a near-term stock headwind, though we remain positive on the long-term growth and platform opportunity particularly as the growth rate troughs over the next couple quarters,' Baird researchers wrote Tuesday. DJI technology empowers us to see the future of possible. Apple - 10.2-Inch iPad (Latest Model) with. But Wall Street is generally still bullish on Zoom's future. Find low everyday prices and buy online for delivery or in-store pick-up. 'While we're positive on Zoom's strategic initiatives and investments in key growth areas, we find it tougher to like a stock with more sharply decelerating growth and incremental pressure on profitability,' Deutsche Bank wrote in a note Tuesday.īaird, Guggenheim, Wells Fargo, Stifel, UBS, Piper Sandler and KeyBanc also dropped their price targets. What are analysts forecasts for Zoom Video Communications stock The 90 analysts offering price forecasts for Zoom Video Communications have a median target of 266.54, with a high estimate of 570. BTIG, which lowered its price target to $400 from $460, reiterated its buy rating but said the cut was to 'better reflect current market sentiment and group multiple compression.' Deutsche Bank Research also lowered its 12-month target to $280 from $350.

Zoom stock price 2021