Added to YB: 2024-05-20
Pitch date: 2024-05-19
ZM [bullish]
Zoom Communications Inc.
+34.97%
current return
Author Info
Company Info
Zoom Communications Inc. provides an Artificial Intelligence-first work platform for human connection in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.
Market Cap
$24.2B
Pitch Price
$64.12
Price Target
N/A
Dividend
N/A
EV/EBITDA
14.84
P/E
21.26
EV/Sales
3.46
Sector
Software
Category
growth
Zoom: The Forgotten Innovator.
ZM: Forgotten post-pandemic, but innovating faster than ever. Evolved from video-conferencing to unified comms platform. 4.2 P/S ignores potential as full workplace solution w/ huge TAM expansion from Zoom Phone, Contact Center. Fast iterations & strong culture create customer goodwill moat. $6.5B cash, 0 debt, int'l growth oppty. Expect growth to re-accelerate in H2 as Contact Center matures & renewal headwinds abate.
Read full article (9 min)