Then the novel coronavirus reached our shores and changed the way most of us live, work, and study.Before long, “to zoom” became a verb, providing a long-term catalyst to ZM stock.

Zoom is up hundreds of percent since its IPO.

The consensus 12-month price target on the stock is … View real-time stock prices and stock quotes for a full financial overview.

Zoom Video is a fast-growing and increasingly profitable company. While Zoom Video has managed to grow sales at a rapid pace over the years, it still competes with tech giants such as Another research firm, Markets and Markets, estimates the enterprise collaboration market to grow at an annual rate of 9% from $31 billion in 2019 to $48 billion in 2024.

Uber, Lyft, Given these dynamics, the stock will be very vulnerable in a broader market sell-off.

However, as has been the case for many of 2019's IPOs, Zoom pulled back in the fall, down nearly 40% below its high but still 80% above its IPO price.Though investors may be concerned about Zoom's valuation, which drove the recent sell off, the company's fundamentals and growth metrics are strong.

Zoom did not rise above its post-IPO high until mid-February of this year. Copyright © Cumulative Growth of a $10,000 Investment in Stock AdvisorIs Zoom Video the Tech IPO to Bet On for 2020?
Short-term traders may want to exercise caution.Are you an investor who also pays attention to short-term technical charts? The price for the Zoom IPO rose to a range of $33 to $35 per share, up from $28 to $32, according to an updated filing. The Street was expecting 9 cents.Yet, following the results, ZM stock fell in after-hours trading and was volatile the next few days. (TMFAdityaR) Zoom increases IPO price range ahead of Thursday listing.

Investors should target major dips as buying opportunities to get a piece of Zoom's huge addressable market and soaring revenue.Stock Advisor launched in February of 2002. SAN JOSE, Calif., April 17, 2019 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (“Zoom”) today announced the pricing of its initial public offering of 20,869,565 shares of Class A common stock at a price to the public of $36.00 per share. Given how far the stock has increased in the past several months, some short-term profit-taking is likely in the shares. Today, we’ll take a closer look at what to expect from ZM stock following the release of results.The company had its IPO in April 2019, at an opening price of $65.

TechCrunch - Apr, 16 2019.

Nasdaq But over the past three months, the stock has surged ahead and is up about 30%.It’s possible that a similar choppy move will be in store for ZM stock in the coming days. Any move toward the $275-level or below would offer a better entry point for long-term investors.If you already own Zoom shares, you might want to stay the course and hold onto your position. Copyright © 2020 InvestorPlace Media, LLC.

Let's take Zoom as an example. About Us 1125 N. Charles St, Baltimore, MD 21201.

As business transformation projects continue to gain pace, several companies are now looking at a remote workplace environment to cut costs and drive efficiency which again will increase demand for enterprise-facing workspace products.Though Zoom has primarily focused on the U.S. market, international expansion has the potential to extend sales growth over the long-term.
Over the past year, the stock is up by over 234%.Zoom is a momentum stock that is traded heavily, especially around earnings days. A practice called,  “While such concerns seem to be behind the company at this point, a similar problem in the coming months could easily put pressure on ZM stock.Although the company has long-term tailwinds that will likely push the stock much higher in the new decade, September may bring choppiness and profit-taking.


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