Is Zoom (ZM) a stock of artificial intelligence under the radar?

Photo of author

By [email protected]


We have recently published The 10 best analysts invite shares that you should not miss. Zoom Communications Inc (NASDAQ: ZM) is one of the main analysts calls.

Zoom Communications Inc (Nasdaq: ZM) has lost its attractiveness after the end of the epidemic, since the free video communication program has become everywhere. However, Tony Zhang believes from Optionsplay that the stock was the purchase of the company’s artificial intelligence tool. Speaking to the Shwab network in May this year, the analyst said:

“They have recently turned into Amnesty International’s play, in fact, from my view. We have the AI ​​Companion tool that I recently launched – it’s its fastest growing products. Their institution has been incredibly well growing, and from the evaluation perspective, it is one of the most convincing stories within the area of ​​artificial intelligence. Trading in front profits 14 times, there is no other company in the field of AI in the right.”

Ben-Collins-WWWMMMMMMMOX618-Usplash

The analyst said the stock “has struggled” a lot over the past few years, but it is believed that it could trade over $ 100.

“I said that the artificial intelligence tool they recently launched is their fastest growing products, and I think investors have started to pay attention at the present time. When I say that it must be circulated in the 100 dollar range, it is really longer than the short term, you are in the short term, you are right in that, you have a very $ 90 resistance level, but it is short -term, but we have been able to return to 90.

At the time of Zhang’s comments, the stock was trading of about $ 81, while it was $ 85 as of September 8.

The World’s World Elections stated in the following regarding Zoom Communications Inc. (Nasdaq: zm) Q4 2024 Investor Message:

Zoom Communications Inc. (NASDAQ: ZM) has struggled since the exit from the epidemic with the change of consumer trends and the macroeconomic environment. When buying, Zoom looked attractive from the evaluation perspective, after extracted from its highest levels in 2021 to pre-birth levels-although it is a basic better work. The company built a strong brand, as “Zoom” became a synonym for online conferences and video calls after the company’s success during the epidemic, and the resulting model turned towards increasing hybrid work. What was previously the “speculative” growth shares was more at the beginning of the epidemic, now it has now become a little more mature growth with a high share in the market (driven by a better product in its class), more rock revenues, and a stronger public budget of $ 5 billion in the field of cash creation for growth investment. With a superior product and a strong brand, growth expectations for the company were around the middle to high individual numbers. However, since the purchase, Zoom has returned by -34 % against the MSCI World Index, which rose by 28 %, with the growth profile that disappointed you. The company’s main institutions sector have seen slowing growth, with the growth of both customers and the net expansion of the dollar (Zoom’s slowdown for each scale is highly used). Customer growth slowed from a rate of 25 % on an annual basis in the quarter before purchase to an estimated 3.6 % by the first quarter of 2024. The rate of expansion of the net dollar has slowed down, currently 101 % (1Q24) compared to C.123 % when purchasing … “((((Click here to read the full text))



https://media.zenfs.com/en/insidermonkey.com/2c5f60d674480873b12372cbf140650e

Source link

Leave a Comment