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#ZOOM STOCK FORECAST 2022 SOFTWARE#

Ark also expects more and more conferences to offer hybrid access, which could be enabled by Zoom's events video platform. The firm estimates 75% of "global knowledge workers" will participate in a hybrid work environment that requires video communication software, up from 51% in 2021. "We believe current pivots back to in-office mandates could be part of a trial-and-error process for employers that will increase the percent of workers in hybrid/remote working models during the next five years," Ark said. That means in-office mandates from employers will likely fuel high rates of attrition among employees, which is the exact opposite thing companies want to see given the tight labor market. The firm highlighted a report from Slack that found employees forced to return to offices full-time experienced steep decline in work-life balance and satisfaction. That's a bold call, and it rings similar to Ark's long-term forecast on Tesla made in 2018, which proved correct and helped drive billions of dollars of inflows into Wood's disruptive innovation investment strategies.Īrk see's upside in Zoom because it expects hybrid work to increase its dominance amid a tight labor market, which will fuel continued demand in Zoom's video communication services. And in its bear case scenario, Ark expects Zoom to trade at $700, or upside of more than 500%. The firm, headed by Cathie Wood, said the stock would rise $1,500 in its base case scenario, representing potential upside of 1,300%. The bull-case scenario Ark sees in Zoom translates to potential upside of more than 1,750% from current levels.

Broad acceptance of a hybrid work environment over the next five years has the potential to drive Zoom Video's stock price to as high as $2,000 by 2026, Ark Invest said in a note on Wednesday.

The opinions expressed in this article are those of the writer, subject to the Publishing Guidelines. On the date of publication, Samuel O’Brient did not hold (either directly or indirectly) any positions in the securities mentioned in this article. Rangan continues to regard Zoom as a position to hold and has lowered his price target from $200 t0 $171.

Finally, in keeping with the bearish sentiment, Goldman Sachs analyst Kash Rangan maintained a neutral rating on ZM stock.

Discussing the customers leaving Zoom for Microsoft Teams, Radke noted that “This trend has been accelerating with return to office and comfort level by IT departments, which is rationalizing collaboration systems and showing preference for Microsoft’s security features.” In a note, Radke stated he saw increasing competition as a reason to regard ZM stock with caution.

Citi analyst Tyler Radke also reiterated a “hold” on ZM but issued a lower price target of $139.

consensus at 16% is unlikely to trigger a meaningfully negative stock reaction like we’ve seen in recent periods.” In a report, Ninam stated that “Guidance for ‘just’ 11% growth next fiscal year vs. His previous ZM stock price target was $280, representing a significant drop off.

Matthew Niknam of Deutsche Bank recently reiterated a price target of $155 and a “hold” rating for Zoom.

Let’s take a closer look at some more ZM stock price predictions.Īnalysts Weigh In on Zoom Price Predictions Since yesterday’s earnings report, shares have fallen more than 6% and are currently below the platform’s lowest price target of $130. The common sentiment among analysts on Tipranks is that ZM stock is a hold or moderate buy. As InvestorPlace contributor Faizan Farooque notes, there is also increasing competition from companies like Microsoft (NASDAQ: MSFT), whose Team Essentials package poses a new threat.

#ZOOM STOCK FORECAST 2022 SOFTWARE#

Workers are returning to their offices (at least in part) and companies are scaling back their investments in software packages like Zoom.

It was predicted that Zoom’s revenue growth would slow down in the final quarter of 2021 as the world shifted away from pandemic measures.

It was also reported that Zoom had seen its customer base decrease from 512,000 to 509,800 in Q4. This comes up short against the analyst prediction of $4.36 on $4.71 billion in revenue. For fiscal 2023, management forecast earnings of $3.48 per share at the midpoint on $4.54 billion revenue. The company issued a weaker-than-expected revenue forecast not just for the first quarter but for the entire fiscal year. To make a long story short, the results were disappointing. Yesterday, Zoom reported earnings for the final quarter of 2021. ZM Stock: A Disappointing Earnings Report ZM stock’s recent performance, however, does little to inspire investor confidence. InvestorPlace contributor Tezcan Gecgil recently named the stock an undervalued buy after the market selloff. Zoom’s prices have been firmly in the red for a while they have fallen 57% over the last six months.