Sign up now and fund within 24h to get free NKE, GPRO or DBX stock. T&Cs apply.
Redeem Now

Zoom Communications Inc

1 day chart

Kickstart your portfolio with a U.S. stock on us

Sign up and fund a new Wall St account and get a full share randomly chosen between GoPro, Dropbox or Nike.

Sign up and fund a new Wall St account and get a full U.S. share.

T&Cs apply
Claim now
Kickstart your portfolio with a U.S. stock on us

About ZM

Zoom Communications, Inc., formerly Zoom Video Communications, Inc., provides an artificial intelligence (AI) work platform for human connection. Zoom Workplace, the Company’s AI-powered, open collaboration platform built for modern work enables to streamline communications, increase employee engagement, optimize in-person time, improve productivity, and offer customer choice with third-party apps and integrations. Zoom Workplace, powered by Zoom AI Companion include collaboration solutions like meetings, team chat, phone, scheduler, whiteboard, spaces, Workvivo, and more. Its communication products include Zoom Meetings, Zoom Phone, Zoom Team Chat, Zoom scheduler, and Zoom mail and calendar. Its productivity products include Zoom docs, Zoom whiteboard, Zoom clips, and Zoom tasks. Its space products include Zoom rooms, Zoom workspace reservation, and Zoom visitor management. It serves various industries, including education, financial service, government, retail, and healthcare.

Buy US stocks in Australia starting with ZM. Open an account and start investing today!

Market Capitalisation

$26.23B

Price-earnings ratio

-

Dividend yield

0.00%

Volume

7.1K

High today

$87.72

Low today

$85.51

Open price

$0.00

52-week high

$92.80

52-week low

$55.06


What is Zoom and what do they do?

If you haven't heard of Zoom, it's safe to assume you don't work in an office. Zoom Video Communications, Inc. is a cloud-based communications platform provider. And when the Covid-19 pandemic made people work from home across the globe, Zoom emerged as one of the top solutions for video conferencing.

The company creates products that facilitate user interactions via video, audio, messages or digital content sharing via desktops, laptops, mobile devices, telephones, and conference room systems.

In their own words, Zoom’s mission is to make “communications frictionless and secure. Zoom enables users to connect to others, share ideas, make plans, and build toward a future limited only by their imagination.”

Headquartered in San Jose, California, Zoom was founded in 2011 by CEO Eric Yuan who previously worked at Cisco Systems as President of Engineering. 

Over half a million businesses currently use Zoom as a communications tool, including 70% of the Fortune 100 and over half of Fortune 500 companies.

How does ZM make money?

Zoom operates on a freemium business model by offering basic or limited features to users free of charge. The company only earns revenue when users decide they need more advanced features and agree to a subscription.

Zoom’s revenue is entirely reported in one operating segment which includes earnings from all of its products and services.

Some of the company’s leading products include Zoom Meetings, a device agnostic video conferencing and messaging tool, Zoom Rooms which brings “HD video collaboration into any space”, Zoom Phone, an enterprise cloud phone system, and Zoom Chat which allows users to share messages and digital content across a variety of devices.

In addition to product subscriptions, Zoom also earns revenue by providing consulting services and hosting special online events.

Is Zoom a profitable company?

Zoom is a profitable company indeed. 

Zoom’s net income was already growing at a steady clip prior to the arrival of Covid-19, but the pandemic saw its net income leap from US$25m to US$672m to US$1.3b in FY2019, FY2020 and FY2021 respectively.

Zoom’s free cash flow currently sits at US$1.46b.

Is ZM stock a buy?

Many investors see Zoom as one of Covid-19’s biggest beneficiaries. Between April and October 2020, the Zoom share price skyrocketed almost 350% from a little over US$120 to a high of over US$550.

But as the effects of Covid-19 have slowly dissipated around the world, the ZM stock price has gradually fallen by almost 80% to a low of under US$100 (March 2022).

Some investors see the company’s financial performance as a sign to hold onto the stock while others believe Zoom’s dominance will fade going into the future.

Who owns the most ZM stock?

Even after transferring US$6b worth of ZM shares to unspecified beneficiaries at the beginning of March 2022, CEO Eric Yuan still owns the biggest piece of Zoom’s pie, holding 7.53% of the business.

Zoom’s other top shareholders include T. Rowe Price Group (6.16%), Vanguard Group (4.38%), Morgan Stanley Investment Management (3.73%), BlackRock (3.47%) and Hong Kong’s richest man, Li Ka-Shing (3.3%).

Ready to start your investing journey with Stake?

Open an account

ZM FAQs

  1. Find the right investing platform for you. To buy ZM shares in Australia, you’ll need to open an account with an investing platform that offers the security. Try Stake, you can sign up in minutes.
  2. Fund your brokerage account. Once you are set up you can deposit into your account with different payment methods.
  3. Search for ZM or Zoom Communications Inc. Find the stock by using the search function and go to the ZM page.
  4. Place an order to buy ZM. Press the ‘Buy’ button and choose an order type to place your trade. Depending on the order type, the trade will go through straight away or when a price target is hit.
  5. Monitor your portfolio. You’ve now purchased some ZM shares. Stay on top of your portfolio and monitor its performance. You may be eligible for dividends and shareholder voting rights that affect your stock.

The ticker symbol for Zoom Communications Inc is ZM.

One share of ZM is valued at $85.69 as of 10 December 2024.

As of 10 December 2024 Zoom Communications Inc has a market cap of $26.23B.

The Price to Earnings ratio of ZM is 28.52.

The Earnings Per Share of ZM is $3.00.

The Zoom Communications Inc 52-week high stock price is $92.80.

The Zoom Communications Inc 52-week low stock price is $55.06.

Yes, the Stake investing platform allows you to buy ZM shares and over 12,000 more stocks and ETFs across the ASX and Wall St.

This is not financial product advice nor a recommendation to invest in the securities listed. Past performance is not a reliable indicator of future performance. As always, do your own research and consider seeking financial, legal and taxation advice before investing. No representation is made as to the timeliness, reliability, accuracy or completeness of the market data provided.

Invest in ZM
on Stake

Buy ZM from US$3 brokerage

Invest in 9,500+ U.S. stocks and ETFs

Own a slice of ZM from only US$10 with fractional shares

Get started
Canstar award phone
Stock shown for demonstrative purposes only. US$3 brokerage up to US$30,000.
ZM related stocks

Stake logo
Over 7,000 5-star reviews
App Store logoGoogle Play logo

Subscribe to our free newsletters

By subscribing, you agree to our Privacy Policy.

Stakeshop Pty Ltd, trading as Stake, ACN 610 105 505, is an authorised representative (Authorised Representative No. 1241398) of Stakeshop AFSL Pty Ltd (Australian Financial Services Licence no. 548196). Stake SMSF Pty Ltd ACN 648 283 532 (‘Stake Super’) is not licensed to provide financial product advice under the Corporations Act. This specifically applies to any financial products which are established if you instruct Stake Super to set up a self managed super fund (‘SMSF’). When you sign up to Stake Super, you are contracting with Stake SMSF Pty Ltd who will assist in the establishment of a SMSF under a ‘no advice model’. You will also be referred to Stakeshop Pty Ltd to enable your trading account and bank account to be set up in order to use the Stake Website and/or App. For more information about SMSFs, see our SMSF Risks page. The information on our website or our mobile application is not intended to be an inducement, offer or solicitation to anyone in any jurisdiction in which Stake is not regulated or able to market its services. At Stake and Stake Super, we’re focused on giving you a better investing experience but we don’t take into account your personal objectives, circumstances or financial needs. Any advice given by Stake is of a general nature only. As investments carry risk, before making any investment decision, please consider if it’s right for you and seek appropriate taxation and legal advice. Please view our Financial Services GuideTerms & ConditionsPrivacy Policy and Disclaimers before deciding to invest on or use Stake or Stake Super. By using our website or service in any way, you agree to our Privacy Policy and Terms & Conditions. All financial products involve risk and you should ensure you understand the risks involved as certain financial products may not be suitable to everyone. Past performance of any product described on this website is not a reliable indication of future performance. Stake and Stake Super are registered trademarks in Australia.

Copyright © 2024 Stake. All rights reserved.