

And he notes that customer surveys find higher adoption rates for Microsoft Teams eating into Zoom’s business.

KYIV, UKRAINE-JANUARY, 2020: Zoom on Smart Phone Screen. “Zoom is now pivoting to stabilize a large, but slower-growing revenue base that is generating cash with the need to reinvest” in R&D, sales and marketing as it pushes into new markets, such as chat, contact center, and phone software. Using the sample containing closing stock market returns from 05 January 2015 to 04 April 2020 of sample countries, we found that through the COVID-19. Download royalty-free stock photos, vectors, HD footage and more on Adobe Stock.

September 2020 Notice of Funding Availability (closed) January 2020 Notice. Murphy writes that he is positive on Zoom’s technology, innovation, market position, and “cash-generative financial profile,” but adds that he finds these elements offset by headwinds to near-term growth and margins as the company looks for ways to expand its business into new areas and to address the challenges of a more-competitive environment for its core business. Preserve current affordable housing stock in both public and private sector. He resumed coverage of Zoom on Friday with a Neutral rating and an $85 target price the firm moved to a “not rated” designation in May, but previously had an Overweight rating and $295 target price. Morgan analyst Mark Murphy advises against that approach. While some investors might be tempted to bottom fish here, J.P. Janu68.72 Ma146.12 Note: While the bulk of the public opted for Zoom’s no-fee, limited features option to remain connected to loved ones, large organizations made up the difference in terms of growing revenue.
