Soybean Meal (ZM)

에 대한 최신 뉴스 Zoom Video Comms (NASDAQ:ZM) 주식

Zoom Video Comms

Zoom Video Communications provides a communications platform that connects people through video, voice, chat, and content sharing. The company's cloud-native platform enables face-to-face video and connects users across various devices and locations in a single meeting. Zoom, which was founded in 2011 and is headquartered in San Jose, California, serves companies of all sizes from all industries around the world.

Zoom Video Communications

Equities

News

Markets

ETFs

ARCT

ARKK

ARKQ

ARKW

BLDE

MKFG

NVDA

ROKU

2024년 6월 25일 화요일, 캐시 우드가 주도하는 아크 인베스트(Ark Invest)는 상당한 시장 변동성 속에서 엔비디아(NASDAQ:NVDA)와 로쿠(NASDAQ:ROKU)에서 상당한 거래를 했다. 이러한 거래는 아크의 다양한 ETF가 이행한 일련의 거래의 일부였다.

아크 인베스트는 주가 반등 속에 엔비디아 주식에서 $430만 매도, 로쿠 주식을 매수

Management

Tech

AAPL

CSCO

DELL

GOOG

GOOGL

PYPL

TSLA

2024년은 기술 산업에서 눈에 띄는 대조를 보였다. 테슬라(NASDAQ:TSLA)가 대규모 해고를 주도하여 인력의 14%를 감축하는 동안 애플(NASDAQ:AAPL) 및 알파벳(NASDAQ:GOOG) (NASDAQ:GOOGL)과 같은 다른 거대 기술 기업들은 임원 급여를 수백만 달러 인상하느라 바쁘다.

테슬라가 감원하는 동안 애플, 알파벳은 임원 급여를 수백만 달러 인상

Movers

CELH

MBLY

MSTR

ORAN

PARAA

이들 10개 대형주는 지난 주 최악의 성과를 거두었다. 그것들이 당신의 포트폴리오에 있나요? 셀시우스 홀딩스(NASDAQ:CELH)는 여러 분석가들이 주식 가격 예측을 낮추면서 지난주 15.22% 하락했다. 골드 필드(NYSE:GFI)의 주식은 살라레스 노르테(Salares Norte) 프로젝트에 대한 기상 현상의 영향으로 회사가 2024년 그룹 생산 지침을 낮추면서 12.59% 하락했다. 

셀시우스와 페이팔이 지난주 최악의 성과를 보인 10개의 대형주 중 일부 (6월 9일-6월 15일)

Zoom Video Communications, Inc. - Class A Common Stock

Zoom Video Communications Inc

ZOOMD TECHNOLOGIES LTD by Zoomd Technologies Ltd.

Zoomd Technologies Ltd

Zhangmen Education Inc ADR

ZAMAGE DIGITAL ART IMAGNG by Zamage Digital Art Imaging, Inc.

Zamage Digital Art Imaging Inc

ZHONGMIN MEI-HAO by ZhongMin Mei-Hao Holding Co Ltd.

ZhongMin Mei Hao Holding Co Ltd

ZAMP S.A S/ADR by ZAMP S.A

ZIMPLATS HLDGS LTD ORD by Zimplats Holdings Ltd.

Zimplats Holdings Ltd

ZALEMARK HOLDING CO INC by Zalemark Holding Co., Inc.

Zalemark Holding Co Inc

ZECOTEK PHOTONICS INC ORD by Zecotek Photonics, Inc.

Zecotek Photonics Inc

Zumtobel Group AG

ZOOMAWAY TECHNOLOGIES INC by Zoomaway Technologies Inc.

ZoomAway Technologies Inc

Zoom Video Comms's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NYSE">ZM</a>) short percent of float has risen 8.38% since its last report. The company recently reported that it has 9.88 million shares sold short, which is 3.75% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.31 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Zoom Video Comms Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1720104311_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Zoom Video Comms has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Zoom Video Comms's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Zoom Video Comms's peer group average for short interest as a percentage of float is 3.78%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

Peering Into Zoom Video Comms's Recent Short Interest

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MAXN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/05/24</td>
<td>$1.00</td>
<td>$126.9K</td>
<td>17.4K</td>
<td>55.2K</td>
</tr>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/28/24</td>
<td>$123.00</td>
<td>$27.6K</td>
<td>18.3K</td>
<td>47.5K</td>
</tr>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/28/24</td>
<td>$850.00</td>
<td>$39.7K</td>
<td>1.1K</td>
<td>5.1K</td>
</tr>
<tr>
<td>IREN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$10.00</td>
<td>$173.1K</td>
<td>24.6K</td>
<td>4.2K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$215.00</td>
<td>$74.4K</td>
<td>34.5K</td>
<td>4.1K</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>06/28/24</td>
<td>$1610.00</td>
<td>$27.6K</td>
<td>868</td>
<td>2.9K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$455.00</td>
<td>$32.0K</td>
<td>3.1K</td>
<td>2.0K</td>
</tr>
<tr>
<td>AMD</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>07/26/24</td>
<td>$160.00</td>
<td>$108.0K</td>
<td>1.3K</td>
<td>585</td>
</tr>
<tr>
<td>ZM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$65.00</td>
<td>$28.8K</td>
<td>2.8K</td>
<td>414</td>
</tr>
<tr>
<td>CRM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$250.00</td>
<td>$28.0K</td>
<td>6.6K</td>
<td>335</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding MAXN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAXN#NASDAQ">MAXN</a>), we observe a put option sweep with bearish sentiment. It expires in 7 day(s) on July 5, 2024. Parties traded 1692 contract(s) at a $1.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $126.9K, with a price of $75.0 per contract. There were 17462 open contracts at this strike prior to today, and today 55210 contract(s) were bought and sold. 
• For NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 200 contract(s) at a $123.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $27.6K, with a price of $138.0 per contract. There were 18321 open contracts at this strike prior to today, and today 47539 contract(s) were bought and sold. 
• For SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 101 contract(s) at a $850.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $39.7K, with a price of $390.0 per contract. There were 1198 open contracts at this strike prior to today, and today 5103 contract(s) were bought and sold. 
• For IREN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IREN#NASDAQ">IREN</a>), we notice a put option sweep that happens to be bearish, expiring in 203 day(s) on January 17, 2025. This event was a transfer of 753 contract(s) at a $10.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $173.1K, with a price of $230.0 per contract. There were 24651 open contracts at this strike prior to today, and today 4262 contract(s) were bought and sold. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a call option trade that happens to be bearish, expiring in 49 day(s) on August 16, 2024. This event was a transfer of 100 contract(s) at a $215.00 strike. The total cost received by the writing party (or parties) was $74.4K, with a price of $744.0 per contract. There were 34571 open contracts at this strike prior to today, and today 4196 contract(s) were bought and sold. 
• For AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we notice a call option sweep that happens to be neutral, is expiring today. Parties traded 100 contract(s) at a $1610.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $27.6K, with a price of $276.0 per contract. There were 868 open contracts at this strike prior to today, and today 2934 contract(s) were bought and sold. 
• For MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we notice a call option trade that happens to be bearish, expiring in 49 day(s) on August 16, 2024. This event was a transfer of 20 contract(s) at a $455.00 strike. The total cost received by the writing party (or parties) was $32.0K, with a price of $1600.0 per contract. There were 3102 open contracts at this strike prior to today, and today 2026 contract(s) were bought and sold. 
• Regarding AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we observe a put option trade with neutral sentiment. It expires in 28 day(s) on July 26, 2024. Parties traded 200 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $108.0K, with a price of $540.0 per contract. There were 1315 open contracts at this strike prior to today, and today 585 contract(s) were bought and sold. 
• For ZM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>), we notice a call option trade that happens to be bullish, expiring in 140 day(s) on November 15, 2024. This event was a transfer of 100 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $28.8K, with a price of $288.0 per contract. There were 2822 open contracts at this strike prior to today, and today 414 contract(s) were bought and sold. 
• For CRM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>), we notice a call option trade that happens to be bearish, expiring in 21 day(s) on July 19, 2024. This event was a transfer of 25 contract(s) at a $250.00 strike. The total cost received by the writing party (or parties) was $28.0K, with a price of $1120.0 per contract. There were 6683 open contracts at this strike prior to today, and today 335 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

AVGO

IREN

Maxeon Solar Technologies, Ltd. - Ordinary Shares

MAXN

MSFT

SMCI

10 Information Technology Stocks Whale Activity In Today's Session

On Tuesday, June 25, 2024, Cathie Wood-led Ark Invest made significant trades in NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Roku Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>), amidst considerable market volatility. These trades were part of a series of transactions carried out by Ark&#8217;s various ETFs.
The NVIDIA Trade
The firm&#8217;s ARK Autonomous Technology &amp; Robotics ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKQ#BATS">ARKQ</a>) sold 33,834 NVIDIA shares on Tuesday. The transaction was valued at $4.3 million. On the day, Nvidia shares closed 6.8% higher at $126.09.
This move comes in the wake of a significant <a href="https://www.benzinga.com/top-stories/24/06/39490865/nvidia-rebounds-over-6-after-550b-market-cap-loss">market cap loss</a> for the tech giant, which saw a $550 billion drop since Thursday. Despite this, NVIDIA managed to rebound by over 6% on Tuesday, regaining its position as the third most valuable corporation, behind Microsoft Corporation and Apple Inc.
Concerns about NVIDIA&#8217;s influence on the S&amp;P 500 Index have been raised, with some analysts <a href="https://www.benzinga.com/trading-ideas/technicals/24/06/39482710/nvidia-stock-drops-over-12-in-3-trading-days-indicators-suggest-whats-next">warning of a potential broader market slump</a> if the company experiences a significant sell-off. Despite these concerns, NVIDIA&#8217;s fundamentals remain strong, with first-quarter 2024 earnings exceeding Wall Street's expectations, driven by strong performance in its data center and automotive segments.
The Roku Trade
ARK Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>) and ARK Next Generation Internet ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#NYSE">ARKW</a>) funds bought 96,465 Roku shares on Tuesday in a transaction valued at $5.3 million. Roku shares closed 0.35% higher at $54.64 in the regular session on Tuesday.
This move comes amidst a turbulent market for Roku, with its stock caught in a <a href="https://www.benzinga.com/general/entertainment/24/06/39422115/roku-stocks-wild-ride-bullish-analysts-bet-on-growth-despite-competitive-threats">fierce bull-bear debate</a> recently. Despite competitive threats, bullish investors are enthusiastic about Roku's revenue potential from several fronts.
The Netflix-rival recently unveiled Roku Exchange, an <a href="https://www.benzinga.com/markets/equities/24/06/39295418/whats-going-on-with-tv-streaming-platform-rokus-shares-on-wednesday">advertising technology solution</a> designed to bridge ad inventory with advertiser demand directly. This platform represents a significant advancement in streaming-first advertising technology, further solidifying Roku&#8217;s position in the market.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39448955/dogecoin-killer-shiba-inu-falters-here-is-what-these-key-indicators-reveal-about-its-short?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">&#8216;Dogecoin Killer&#8217; Shiba Inu Falters — Here Is What These Key Indicators Reveal About Its Short-Term Prosp</a>
Other Key Trades: 
<ul>
<li>Ark Invest&#8217;s ARKG fund sold a significant number of shares in Ginkgo Bioworks Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DNA#NASDAQ">DNA</a>). ARKG also bought shares in Arcturus Therapeutics Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARCT#NASDAQ">ARCT</a>) and 10X Genomics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXG#NASDAQ">TXG</a>). </li>
<li>ARKK sold shares in Zoom Video Communications Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>) and bought shares in PagerDuty Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PD#NYSE">PD</a>). ARKQ bought shares in Blade Air Mobility Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLDE#NASDAQ">BLDE</a>) and Markforged Holding Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MKFG#NASDAQ">MKFG</a>).</li>
</ul>
Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39459711/stock-market-has-a-bad-breadth-problem-again-veteran-wall-street-investor-warns?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">&#8216;Stock Market Has A Bad Breadth Problem Again,&#8217; Veteran Wall Street Investor Warns</a>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Cathie Wood-Led Ark Invest Dumps $4.3M Worth Of Nvidia Shares Amid Rebound — Swoops Into Buy Stock Of This Netflix Rival

On Tuesday, Brussels accused Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) of engaging in <a target="_blank" href="https://www.benzinga.com/markets/equities/24/05/38787304/microsoft-faces-heightened-eu-scrutiny-over-teams-software-report" rel="noreferrer noopener">anti-competitive behavior</a> by bundling its Teams app with its Office suite.
The EU&#8217;s charge sheet alleges that this bundling gives Teams an undue advantage, harming competitors such as Atlassian Corp&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TEAM#NASDAQ">TEAM</a>) Slack and Zoom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>), Reuters reports.
On Tuesday, the European Union issued a formal charge sheet to Microsoft, outlining concerns that integrating Teams with Office unfairly disadvantages other video conferencing apps.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/equities/24/06/39428719/whats-going-on-with-nvidia-stock-friday" rel="noreferrer noopener">Nvidia CEO Predicts $1 Trillion Overhaul for AI Data Centers</a>
Margrethe Vestager, the EU&#8217;s executive vice president for competition policy, stated that if Microsoft&#8217;s conduct is confirmed, it would be illegal under EU competition rules.
In April, Microsoft attempted to <a target="_blank" href="https://www.benzinga.com/government/24/04/38017994/microsoft-decouples-teams-from-office-globally-in-response-to-antitrust-concerns-report" rel="noreferrer noopener">address regulatory concerns</a> by proposing to unbundle Teams from Office products beyond Europe.
Microsoft aims to settle the case to avoid formal charges and a potential fine of up to 10% of its annual global revenues.
Meanwhile, the company is also <a target="_blank" href="https://www.benzinga.com/government/24/04/38299939/eu-clears-microsofts-13b-openai-investment-from-formal-probe-a-relief-for-tech-giants" rel="noreferrer noopener">facing heightened scrutiny</a> over its $13 billion partnership with OpenAI, with Brussels considering a full probe.
The European Commission is focusing on Microsoft and investigating other major tech companies.
Over the last decade, Microsoft doled out $1.71 billion (1.6 billion euros) in EU antitrust fines.
Microsoft stock gained over 36% in the last 12 months. Investors can gain exposure to the stock via SPDR Select Sector Fund &#8211; Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) and iShares Global Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IXN#NYSE">IXN</a>).
Price Action: MSFT shares are trading higher by 0.08% at $447.63 at&nbsp;the last check on Tuesday.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/06/39318448/microsoft-is-betting-big-on-ai-outpacing-rivals-with-new-strategy" rel="noreferrer noopener">Microsoft Is Betting Big on AI, Outpacing Rivals with New Strategy</a>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo via Shutterstock

Government

Regulations

Eurozone

Legal

Media

iShares Trust S&P Global Information Technology Sector Index Fund

TEAM

EU Charges Microsoft with Anti-Competitive Practices Over Teams Bundling

The year 2024 has seen some eye-popping contrasts in the tech industry. While Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) is leading massive layoffs, cutting 14% of its workforce, other tech giants such as Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) are busy bumping up executive <a href="https://www.benzinga.com/quote/TSLA/news">salaries by millions</a>.
<h1 class="wp-block-heading">Tesla's Massive Layoffs</h1>
Let&#8217;s start with Tesla. The electric vehicle pioneer has slashed 14,500 jobs, a 14% reduction in its workforce. CEO Elon Musk cited inefficiencies as the reason behind the cuts, though plans to reinstitute stock options for exceptional performance were also mentioned.
But Tesla isn&#8217;t alone — other big names in tech are trimming their workforce too, including Dell Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>), Cisco Systems Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>) and PayPal Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>).
More Details: <a href="https://www.benzinga.com/top-stories/24/06/39457749/tesla-leads-2024-us-tech-layoffs-so-far-followed-by-dell-cisco-xerox-paypal-microsoft">Tesla Leads 2024 US Tech Layoffs So Far, Followed By Dell, Cisco, Xerox, PayPal, Microsoft</a>
<h1 class="wp-block-heading">Contrasts In The Tech Industry</h1>
While Tesla and its peers are tightening their belts, Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) are going in the opposite direction. They've been handing out hefty raises to their top executives. CFOs at these tech giants have seen their compensation packages balloon, thanks to generous stock-based incentives, as <a href="https://www.wsj.com/articles/meet-the-highest-paid-cfos-of-2023-1b8e7748?mod=latest_headlines">reported</a> by WSJ.
This surge in pay is largely driven by stock awards and options, reflecting a strategy to retain top talent amid economic uncertainties.
This stark contrast between layoffs and executive pay raises underscores the growing divide in the tech industry. While thousands of employees face job insecurity, top executives are enjoying substantial financial rewards. 
<h1 class="wp-block-heading">Big Paydays For Apple, Alphabet Executives</h1>
Apple's Luca Maestri and Alphabet's Ruth Porat are among the highest-paid CFOs. Their pay hikes are part of a broader trend where median CFO compensation at top U.S. companies rose by 8.5% in 2023.
Apple's CFO saw a significant boost in compensation thanks to a surge in stock awards, reflecting the company's strong market position.
Porat saw her compensation package swell, driven by similar stock-based incentives. This trend of rewarding top executives handsomely, even as other parts of the company face cuts, is drawing increased attention and scrutiny from investors and employees.
<h1 class="wp-block-heading">Other Companies Joining The Pay Hike Bandwagon</h1>
It&#8217;s not just Apple and Alphabet. Other tech giants like Zoom Video Communications Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>), Walmart Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) and Advanced Micro Devices Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) have also increased executive pay significantly.
<ul>
<li>Zoom's CFO Kelly Steckelberg saw a staggering rise in her compensation due to substantial stock awards, making her one of the highest-paid executives in the industry.</li>
<li>Walmart's CFO John David Rainey received a considerable pay package tied to his joining bonus and stock awards, reflecting the company&#8217;s efforts to attract top talent.</li>
<li>Similarly, AMD&#8217;s Jean Hu received a notable boost in her pay, highlighting the broader trend of rewarding executives handsomely despite economic uncertainties.</li>
</ul>
As 2024 progresses, the tech industry's approach to managing its workforce and rewarding its executives will continue to evolve. 
Companies like Apple and Alphabet, which are increasing executive pay amidst a wave of industry layoffs, highlight the ongoing challenges and disparities within the sector.
Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39459711/stock-market-has-a-bad-breadth-problem-again-veteran-wall-street-investor-warns">&#8216;Stock Market Has A Bad Breadth Problem Again,&#8217; Veteran Wall Street Investor Warns</a>
Photo: Shutterstock

While Tesla Slashes Jobs, Apple, Alphabet Raises Executive Salaries By Millions

ADBE

ASML

BABA

BBAI

BFRG

BIDU

CRWD

CXAI

GFAI

INTC

INTU

LPSN

MARK

MCHX

NNDM

ORCL

PLTR

QCOM

SNAP

SNOW

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TBLA

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Multiple AI Companies Are Bypassing Tool Used By Publishers To Stop Content Scraping, Licensing Startup Tollbit Says

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-ratings/">analyst ratings page</a>.
<ul>
<li>Wells Fargo cut the price target for Zoom Video Communications, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>) from $60 to $55. Wells Fargo analyst Phil Winslow maintained an Underweight rating. Zoom Video shares gained 3.7% to close at $58.31 on Thursday. <a href="https://www.benzinga.com/quote/ZM/analyst-ratings">See how other analysts view this stock.</a></li>
<li>BMO Capital slashed the price target for Winnebago Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WGO#NYSE">WGO</a>) from $80 to $75. BMO Capital analyst Tristan Thomas-Martin maintained an Outperform rating. Winnebago shares fell 3.5% to close at $54.69 on Thursday. <a href="https://www.benzinga.com/quote/WGO/analyst-ratings">See how other analysts view this stock.</a></li>
<li>UBS lowered Jabil Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBL#NYSE">JBL</a>) price target from $130 to $120. UBS analyst David Vogt maintained a Neutral rating. Jabil shares fell 11.4% to close at $111.79 on Thursday. <a href="https://www.benzinga.com/quote/JBL/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Piper Sandler cut the price target for Align Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGN#NASDAQ">ALGN</a>) from $375 to $330. Piper Sandler analyst Jason Bednar maintained an Overweight rating. Align Technology shares rose 0.2% to close at $242.61 on Thursday. <a href="https://www.benzinga.com/quote/ALGN/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Stifel slashed Darden Restaurants, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DRI#NYSE">DRI</a>) price target from $190 to $180. Stifel analyst Chris O&#8217;Cull maintained a Buy rating. Darden shares gained 1.5% to close at $154.29 on Thursday. <a href="https://www.benzinga.com/quote/DRI/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan cut The Kroger Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KR#NYSE">KR</a>) price target from $60 to $58. JP Morgan analyst Ken Goldman maintained an Overweight rating. Kroger shares fell 3.3% to close at $50.28 on Thursday. See how other analysts view this stock.</li>
<li>Baird boosted the price target for Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) from $210 to $213. Baird analyst Colin Sebastian maintained an Outperform rating. Amazon shares gained 1.8% to close at $186.10 on Thursday. <a href="https://www.benzinga.com/quote/AMZN/analyst-ratings">See how other analysts view this stock.</a></li>
<li>RBC Capital increased Sarepta Therapeutics, Inc.. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRPT#NASDAQ">SRPT</a>) price target from $142 to $182. RBC Capital analyst Brian Abrahams maintained a Sector Perform rating. Sarepta Therapeutics shares gained 5.1% to close at $123.50 on Thursday. <a href="https://www.benzinga.com/quote/SRPT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Bernstein raised Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) price target from $195 to $240. Bernstein analyst Toni Sacconaghi maintained an Outperform rating. Apple shares fell 2.2% to close at $209.68 on Thursday. <a href="https://www.benzinga.com/quote/AAPL/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Oppenheimer boosted NIKE, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) price target from $110 to $120. Oppenheimer analyst Brian Nagel upgraded the stock from Perform to Outperform. NIKE shares rose 0.8% to close at $95.57 on Thursday. <a href="https://www.benzinga.com/quote/NKE/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Check This Out: <a href="https://www.benzinga.com/news/24/06/39428617/smith-wesson-brands-abacus-life-and-other-big-stocks-moving-lower-in-fridays-pre-market-session">Smith &amp; Wesson Brands, Abacus Life And Other Big Stocks Moving Lower In Friday&#8217;s Pre-Market Session</a>

Price Target

Analyst Ratings

ALGN

AMZN

SRPT

Apple To Rally Over 14%? Here Are 10 Top Analyst Forecasts For Friday

Wells Fargo analyst Phil Winslow maintains Zoom Video Comms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>) with a Underweight and lowers the price target from $60 to $55.

Wells Fargo Maintains Underweight on Zoom Video Comms, Lowers Price Target to $55

Zoom Video Comms's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NYSE">ZM</a>) short percent of float has fallen 27.0% since its last report. The company recently reported that it has 9.10 million shares sold short, which is 3.46% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.18 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Zoom Video Comms Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1718640910_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Zoom Video Comms has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Zoom Video Comms's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Zoom Video Comms's peer group average for short interest as a percentage of float is 3.79%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Looking Into Zoom Video Comms's Recent Short Interest

These ten large-cap stocks were the worst performers in the last week. Are they in your portfolio?
<ol>
<li>Celsius Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CELH#NASDAQ">CELH</a>) lost 15.22% last week after multiple analysts <a href="https://www.benzinga.com/quote/celh/analyst-ratings" target="_blank" rel="noreferrer noopener">lowered their price forecasts</a> for the stock.</li>
<li>Gold Fields Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GFI#NYSE">GFI</a>) shares tumbled 12.59% after the company lowered its 2024 group production guidance due to the impact of weather <a href="https://www.benzinga.com//node/39317613" target="_blank" rel="noreferrer noopener">events on the Salares Norte project</a>.</li>
<li>Paramount Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARAA#NASDAQ">PARAA</a>) shares decreased 13.63% after it was announced that the proposed <a href="https://www.benzinga.com//node/39319277" target="_blank" rel="noreferrer noopener">transaction with Skydance is not moving forward</a>.</li>
<li>Warner Bros. Discovery, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>) shares declined 11.71% after Liberty Global on Thursday announced intentions to acquire <a href="https://www.benzinga.com//node/39318490" target="_blank" rel="noreferrer noopener">the company&#8217;s stake in Formula E</a>.</li>
<li>PayPal Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>) shares fell 9.16% on news competitor Affirm&#8217;s payment products are expected to be available to <a href="https://www.benzinga.com//node/39295963" target="_blank" rel="noreferrer noopener">Apple Pay users in the US later this year</a>.</li>
<li>Samsara Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IOT#NYSE">IOT</a>) shares were down 7.66%.</li>
<li>Orange SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORAN#NYSE">ORAN</a>) stock lost 7.66% in the last week.</li>
<li>Nutrien Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NTR#NYSE">NTR</a>) stock fell 7.14% after Piper Sandler maintained an Underweight rating and <a href="https://www.benzinga.com/quote/ntr/analyst-ratings" target="_blank" rel="noreferrer noopener">lowered its price target from $56 to $55</a>.</li>
<li>Mobileye Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>) shares fell 7.51%.</li>
<li>Zoom Video Communications, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>) stock decreased 7.51%.</li>
<li>MicroStrategy Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) shares declined 5.88% after the company announced a proposed private institutional offering of $500 million in convertible <a href="https://www.benzinga.com//node/39335806" target="_blank" rel="noreferrer noopener">senior notes to acquire additional Bitcoin</a>.</li>
</ol>
<ol></ol>
Also Read: <a href="https://www.benzinga.com/news/24/06/39348307/apple-and-broadcom-were-among-10-large-cap-stocks-with-biggest-gains-in-the-last-week-june-9-june-15">Apple And Broadcom Were Among 10 Large Cap Stocks With Biggest Gains In The Last Week (June 9-June 15, 2024): Are They In Your Portfolio?</a>
Photo via Shutterstock

Celsius And PayPal Were Among The 10 Biggest Large Cap Losers Last Week (June 9-June 15): Are These In Your Portfolio?

12 analysts have shared their evaluations of Zoom Video Comms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for Zoom Video Comms, presenting an average target of $74.58, a high estimate of $95.00, and a low estimate of $60.00. Highlighting a 4.38% decrease, the current average has fallen from the previous average price target of $78.00. 
<img src="https://www.benzinga.com/files/images/story/2024/1718370035_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
The standing of Zoom Video Comms among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Meta Marshall</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$68.00</td>
<td>$72.00</td>
</tr>
<tr>
<td>Rishi Jaluria</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$95.00</td>
<td>$95.00</td>
</tr>
<tr>
<td>Phil Winslow</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$60.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>Tyler Radke</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$77.00</td>
<td>$76.00</td>
</tr>
<tr>
<td>Parker Lane</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Hold</td>
<td>$65.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>Catharine Trebnick</td>
<td>Rosenblatt</td>
<td>Raises</td>
<td>Buy</td>
<td>$78.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>Peter Levine</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>In-Line</td>
<td>$70.00</td>
<td>$72.00</td>
</tr>
<tr>
<td>William Power</td>
<td>Baird</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$84.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Peter Weed</td>
<td>Bernstein</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$78.00</td>
<td>$82.00</td>
</tr>
<tr>
<td>Catharine Trebnick</td>
<td>Rosenblatt</td>
<td>Announces</td>
<td>Buy</td>
<td>$75.00</td>
<td>-</td>
</tr>
<tr>
<td>Catharine Trebnick</td>
<td>Rosenblatt</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$75.00</td>
<td>-</td>
</tr>
<tr>
<td>Samad Samana</td>
<td>Jefferies</td>
<td>Announces</td>
<td>Hold</td>
<td>$70.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Zoom Video Comms. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Zoom Video Comms compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for Zoom Video Comms's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Zoom Video Comms's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/ZM/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Zoom Video Comms analyst ratings.</a>
<h2>Get to Know Zoom Video Comms Better</h2>
Zoom Video Communications provides a communications platform that connects people through video, voice, chat, and content sharing. The company's cloud-native platform enables face-to-face video and connects users across various devices and locations in a single meeting. Zoom, which was founded in 2011 and is headquartered in San Jose, California, serves companies of all sizes from all industries around the world.
<h3>Key Indicators: Zoom Video Comms's Financial Health</h3>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: Over the 3 months period, Zoom Video Comms showcased positive performance, achieving a revenue growth rate of 3.25% as of 30 April, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.
Net Margin: Zoom Video Comms's net margin excels beyond industry benchmarks, reaching 18.95%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 2.65%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): Zoom Video Comms's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 2.14%, the company showcases efficient use of assets and strong financial health.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.01.
<h2>Analyst Ratings: What Are They?</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Assessing Zoom Video Comms: Insights From 12 Financial Analysts

Morgan Stanley analyst Meta Marshall maintains Zoom Video Comms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>) with a Equal-Weight and lowers the price target from $72 to $68.

Morgan Stanley Maintains Equal-Weight on Zoom Video Comms, Lowers Price Target to $68

Investors with a lot of money to spend have taken a bearish stance on Zoom Video Comms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with ZM, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 10 uncommon options trades for Zoom Video Comms.
This isn't normal.
The overall sentiment of these big-money traders is split between 30% bullish and 60%, bearish.
Out of all of the special options we uncovered, 7 are puts, for a total amount of $250,486, and 3 are calls, for a total amount of $143,440.
<h3>Projected Price Targets</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $55.0 to $65.0 for Zoom Video Comms over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Zoom Video Comms's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Zoom Video Comms's whale activity within a strike price range from $55.0 to $65.0 in the last 30 days. 
<h3>Zoom Video Comms 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1718294494_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ZM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>12/18/26</td>
<td>$15.6</td>
<td>$13.35</td>
<td>$13.35</td>
<td>$65.00</td>
<td>$85.4K</td>
<td>12</td>
<td style="text-align: right;">54</td>
</tr>
<tr>
<td>ZM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$6.3</td>
<td>$6.2</td>
<td>$6.3</td>
<td>$65.00</td>
<td>$69.3K</td>
<td>2.3K</td>
<td style="text-align: right;">218</td>
</tr>
<tr>
<td>ZM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$1.98</td>
<td>$1.91</td>
<td>$1.91</td>
<td>$55.00</td>
<td>$47.7K</td>
<td>635</td>
<td style="text-align: right;">21</td>
</tr>
<tr>
<td>ZM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$6.55</td>
<td>$6.4</td>
<td>$6.5</td>
<td>$60.00</td>
<td>$32.5K</td>
<td>465</td>
<td style="text-align: right;">13</td>
</tr>
<tr>
<td>ZM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/05/24</td>
<td>$6.15</td>
<td>$5.2</td>
<td>$5.75</td>
<td>$65.00</td>
<td>$30.4K</td>
<td>2</td>
<td style="text-align: right;">1</td>
</tr>
</tbody>
</table>

<h3>About Zoom Video Comms</h3>
Zoom Video Communications provides a communications platform that connects people through video, voice, chat, and content sharing. The company's cloud-native platform enables face-to-face video and connects users across various devices and locations in a single meeting. Zoom, which was founded in 2011 and is headquartered in San Jose, California, serves companies of all sizes from all industries around the world.
<h3>Where Is Zoom Video Comms Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 1,742,753, the ZM's price is down by -2.85%, now at $58.8. </li>
<li>RSI readings suggest the stock is currently may be oversold.</li>
<li>Anticipated earnings release is in 67 days.</li>
</ul>
<h3>Expert Opinions on Zoom Video Comms</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $75.4.
<ul>
<li>Maintaining their stance, an analyst from Wells Fargo continues to hold a Underweight rating for Zoom Video Comms, targeting a price of $60. </li>
<li>An analyst from Citigroup persists with their Neutral rating on Zoom Video Comms, maintaining a target price of $77. </li>
<li>An analyst from Baird has decided to maintain their Outperform rating on Zoom Video Comms, which currently sits at a price target of $84. </li>
<li>An analyst from Rosenblatt persists with their Buy rating on Zoom Video Comms, maintaining a target price of $78. </li>
<li>An analyst from Bernstein persists with their Market Perform rating on Zoom Video Comms, maintaining a target price of $78. </li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Zoom Video Comms options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Unpacking the Latest Options Trading Trends in Zoom Video Comms

Ark Invest, led by Cathie Wood, made significant trades on Wednesday involving Robinhood Markets Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) and Zoom Video Communications Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>).
The Robinhood Trade
Ark Invest sold 64,706 shares of Robinhood, valued at approximately $1.53 million, through the Ark Fintech Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKF#NYSE">ARKF</a>) and ARK Next Generation Internet ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#NYSE">ARKW</a>). This move comes after the company <a href="https://www.benzinga.com/markets/equities/24/06/39263031/cathie-wood-lead-ark-invest-dumps-7-6m-worth-of-robinhood-shares-amid-gamestop-buzz-bitcoin-chop">recently reduced its holdings</a> in Robinhood amid market fluctuations. The company&#8217;s shares are currently trading higher following the announcement of its May operating data.
Notably, the Robinhood trade took place on a day Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) saw some uptrend but the <a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39303902/bitcoin-ethereum-dogecoin-fail-to-sustain-uptrend-after-feds-hawkish-guidance-analyst-fore">rally was not sustained</a> due to the Federal Reserve Bank&#8217;s hawkish guidance on interest rate cuts.
The Zoom trade
Ark Invest also sold 54,165 shares of Zoom, valued at approximately $3.3 million, through ARKW. This decision comes after the company <a href="https://www.benzinga.com/news/earnings/24/05/38926994/zoom-q1-earnings-revenue-beat-eps-beat-cash-flow-surges-continued-ai-integration-and-more">reported strong first-quarter earnings</a> last month, beating revenue and EPS estimates.
Other Key Trades: 
<ul>
<li>Ark Invest bought 21,260 shares of Markforged Holding Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MKFG#NYSE">MKFG</a>) through the ARK Autonomous Technology &amp; Robotics ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKQ#BATS">ARKQ</a>). Ark Invest also bought 8,776 shares of Markforged through the ARK Space Exploration &amp; Innovation ETF (BATS: ARKX).</li>
<li>Ark Invest bought 15,383 shares of PagerDuty Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PD#NYSE">PD</a>) through the ARK Innovation ETF (NYSE: ARKK). Ark Invest bought 39,589 shares of Arcturus Therapeutics Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARCT#NASDAQ">ARCT</a>) through the ARK Genomic Revolution ETF (BATS: ARKG). </li>
<li>Ark Invest sold 229,654 shares of Teladoc Health Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDOC#NYSE">TDOC</a>) through the ARKW ETF. Ark Invest sold 125,257 shares of Verve Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VERV#NASDAQ">VERV</a>) through the ARKK ETF. The firm also sold 24,866 shares of Verve through the ARKG ETF.</li>
</ul>
Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39278216/donald-trump-opens-21-point-lead-in-2024-presidential-race-according-to-crypto-bettors?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Donald Trump Opens 21-Point Lead In 2024 Presidential Race, According To Crypto Bettors</a>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

$BTC

$ETH

ARKF

HOOD

TDOC

VERV

Cathie Wood-Led Ark Invest Sells $1.5M Worth Of Robinhood Shares Amid Muted Bitcoin Market — Also Dumps Zoom Stock Worth $3.3M

Cathie Wood of Ark Investment Management remains confident in her firm's AI investments despite scaling back on Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) shares prior to their significant rise last year.
Speaking at the Greenwich Economic Forum in Hong Kong, Wood emphasized Ark's continued exposure to emerging tech players, even though Nvidia remains a part of their specialized portfolios.
Wood noted that she initially invested in Nvidia in 2014 when the stock was approximately $4 per share, adjusted for splits.
The flagship ARK Innovation ETF held the stock until it surged to around $400 before selling off <a target="_blank" href="https://www.benzinga.com/general/education/24/05/39091154/heres-how-much-cathie-wood-ark-invest-missed-out-on-by-selling-nvidia-early" rel="noreferrer noopener">most of the position just before Nvidia's dramatic rally last year.</a>
The AI-focused chipmaker has since seen its shares skyrocket, with a market value <a target="_blank" href="https://www.benzinga.com/news/24/06/39194554/nvidia-crosses-3t-market-cap-ai-darling-joins-ranks-of-apple-microsoft-closes-at-all-time-high" rel="noreferrer noopener">surpassing $3 trillion</a>, overtaking Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>).
Wood explained that the decision to reduce Nvidia holdings was based on the belief that Nvidia's success would benefit other companies.
As a result, Ark began evaluating potential beneficiaries within the AI sector.
Despite Nvidia's ongoing prominence, Wood highlighted that the semiconductor industry is experiencing a pause as companies reassess their AI strategies.
During her remarks, Wood acknowledged that some companies anticipated to gain from AI advancements have yet to see the expected revenue boosts, with Salesforce Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) being a notable example.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/cryptocurrency/24/05/39062709/cathie-wood-el-salvadors-bitcoin-and-ai-push-could-grow-its-gdp-10x-in-5-years" rel="noreferrer noopener">Cathie Wood: El Salvador's Bitcoin And AI Push Could Grow Its GDP 10X In 5 Years</a>
Meanwhile, she reaffirmed her strong stance on autonomous driving as the "biggest AI project on earth," reiterating her faith in Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>).
Ark increased its Tesla position in the first quarter despite concerns about <a target="_blank" href="https://www.benzinga.com/trading-ideas/technicals/24/04/38056019/tesla-deliveries-slip-technical-indicators-add-to-stocks-downward-momentum" rel="noreferrer noopener">slowing electric vehicle demand</a> and competition from Chinese rival BYD Company (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>).
According to Ark's 2023 analysis, Tesla's share price is projected to reach $2,000 by 2027, with potential highs and lows ranging from $2,500 to $1,400.
Additionally, the Ark Venture Fund recently disclosed stakes in xAI, OpenAI, and Anthropic, signifying its commitment to AI innovation.
Wood gained widespread recognition during the pandemic for her bold investment calls, particularly in companies like Tesla, Zoom Video Communications Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>), and Roku Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>).
Despite a 12% decline in the ARK Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>) this year, largely due to Tesla's 30% drop, the fund had an impressive 68% gain last year.
Wood predicts significant interest rate cuts in 2024, driven by economic recessions and rate reductions in several countries.
Disclsaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Cathie Wood Ark Photo courtesy Benzinga YouTube and Unsplash

General

BYDDY

Cathie Wood Remains Bullish On AI Investments Despite Nvidia Stock Adjustments

Have you evaluated the performance of Zoom Video Communications&#39; (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/zm#NASDAQ">ZM</a>) international operations for the quarter ending April 2024? Given the extensive global presence of this video-conferencing company, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth.
The global economy today is deeply interlinked, making a company&#39;s engagement with international markets a critical factor in determining its financial success and growth path. It has become essential for investors to comprehend how much a company relies on these foreign markets, as this understanding reveals the firm&#39;s potential for consistent earnings, its capacity to harness different economic cycles, and its overall growth prospects.
Presence in international markets can act as a hedge against domestic economic downturns and provide access to faster-growing economies. However, this diversification also brings complexities due to currency fluctuations, geopolitical risks and differing market dynamics.
Our review of ZM&#39;s last quarterly performance uncovered some notable trends in the revenue contributions from its international markets, which are commonly analyzed and tracked by Wall Street experts.
The company&#39;s total revenue for the quarter amounted to $1.14 billion, marking an increase of 3.3% from the year-ago quarter. We will next turn our attention to dissecting ZM&#39;s international revenue to get a clearer picture of how significant its operations are outside its main base.
Unveiling Trends in ZM&#39;s International Revenues
APAC accounted for 12.1% of the company&#39;s total revenue during the quarter, translating to $138 million. Revenues from this region represented a surprise of -1.57%, with Wall Street analysts collectively expecting $140.2 million. When compared to the preceding quarter and the same quarter in the previous year, APAC contributed $141.89 million (12.4%) and $141 million (12.8%) to the total revenue, respectively.
Of the total revenue, $184 million came from EMEA during the last fiscal quarter, accounting for 16.1%. This represented a surprise of +7.23% as analysts had expected the region to contribute $171.59 million to the total revenue. In comparison, the region contributed $182.98 million, or 16%, and $180 million, or 16.3%, to total revenue in the previous and year-ago quarters, respectively.
International Revenue Predictions
The current fiscal quarter&#39;s total revenue for Zoom Video, as projected by Wall Street analysts, is expected to reach $1.15 billion, reflecting an increase of 0.9% from the same quarter last year. The breakdown of this revenue by foreign region is as follows: APAC is anticipated to contribute 12.5% or $143.66 million and EMEA 15.1% or $173.87 million.
For the full year, a total revenue of $4.61 billion is expected for the company, reflecting an increase of 1.9% from the year before. The revenues from APAC and EMEA are expected to make up 12.5% and 15% of this total, corresponding to $575.27 million and $690.54 million respectively.
Key Takeaways
Zoom Video&#39;s leaning on foreign markets for its revenue stream presents a mix of chances and challenges. Therefore, a vigilant watch on its international revenue movements can greatly aid in projecting the company&#39;s future direction.
With the increasing intricacies of global interdependence and geopolitical strife, Wall Street analysts meticulously observe these patterns, especially for companies with an international footprint, to tweak their forecasts of earnings. Importantly, several additional factors, such as a company&#39;s domestic market status, also impact these earnings forecasts.
We at Zacks strongly focus on the dynamic earnings forecast of companies, given that empirical studies have demonstrated its potent impact on the immediate price movement of stocks. Invariably, there&#39;s a positive relationship -- upward earnings predictions often result in an increase in stock prices.
With an impressive externally audited track record, our proprietary stock rating tool - the Zacks Rank - harnesses the power of earnings estimate revisions and serves as an effective indicator of a stock&#39;s near-term price performance.
At present, Zoom Video holds a Zacks Rank #3 (Hold). This ranking implies that its near-term performance might mirror the overall market movement.
Zoom Video&#39;s Recent Stock Market Performance
Over the past month, the stock has gained 1.6% versus the Zacks S&amp;P 500 composite&#39;s 4.8% increase. The Zacks Computer and Technology sector, of which Zoom Video is a part, has risen 9.3% over the same period. The company&#39;s shares have declined 11.1% over the past three months compared to the S&amp;P 500&#39;s 4.6% increase. Over the same period, the sector has risen 7.9%.
<a href="https://www.zacks.com/stock/news/2279722/unlocking-zoom-video-zm-international-revenues-trends-surprises-and-prospects?cid=CS-BENZ-FT-fundamental_analysis|nfm_international_revenues-2279722">To read this article on Zacks.com click here.</a>

Earnings

Unlocking Zoom Video International Revenues: Trends, Surprises, and Prospects

U.S. stocks settled mostly higher on Friday, with the Nasdaq index settling at a fresh record high during the session.
The tech-heavy Nasdaq also outperformed last week recording a gain of 1.41%. However, the Dow Jones index declined 2.33% last week, recording its first negative week in five.
Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst&#8217;s opinion to trust.
Benzinga&#8217;s Analyst Ratings API is a collection of the highest-quality stock ratings curated by the Benzinga news desk via direct partnerships with major sell-side banks. Benzinga displays overnight ratings changes on a daily basis three hours prior to the U.S. equity market opening. Data specialists at investment dashboard provider Toggle.ai recently uncovered that the analyst insights Benzinga Pro subscribers and Benzinga readers regularly receive can successfully be used as trading indicators to outperform the stock market.
Top Analyst Picks: Fortunately, any Benzinga reader can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. One of the ways traders can sort through Benzinga&#8217;s extensive database of analyst ratings is by analyst accuracy. Here&#8217;s a look at the most recent stock picks from each of the five most accurate Wall Street analysts, according to Benzinga <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock</a> Ratings.
Analyst: Hans Mosesmann
<ul>
<li>Analyst Firm: Rosenblatt</li>
<li>Ratings Accuracy: 88%</li>
<li>Latest Rating: Maintained a Buy rating on NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) with a price target of $1,400 on May 23. This analysts sees around 31% upside in the stock.</li>
<li>Recent News: On May 22, NVIDIA reported better-than-expected financial results for its first quarter and issued strong guidance for the second quarter. The company announced a 10-for-1 stock split and raised its quarterly dividend by 150%..</li>
</ul>
Analyst: William Stein
<ul>
<li>Analyst Firm: Truist Securities</li>
<li>Ratings Accuracy: 87%</li>
<li>Latest Rating: Maintained a Buy rating on Analog Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>) and increased the price target from $222 to $275 on May 23. This analyst sees around 18% upside in the stock.</li>
<li>Recent News: On May 22, Analog Devices posted better-than-expected second-quarter financial results.</li>
</ul>
Analyst: Mark Kelley
<ul>
<li>Analyst Firm: Stifel</li>
<li>Ratings Accuracy: 87%</li>
<li>Latest Rating: Maintained a Hold rating on Nexxen International Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEXN#NASDAQ">NEXN</a>) and raised the price target from $5.5 to $6 on May 21. This analyst sees around 4% downside in the stock.</li>
<li>Recent News: On May 20, Nexxen International posted better-than-expected quarterly sales.</li>
</ul>
Analyst: William Power
<ul>
<li>Analyst Firm: Baird</li>
<li>Ratings Accuracy: 86%</li>
<li>Latest Rating: Maintained an Outperform rating on Zoom Video Communications, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>) and cut the price target from $90 to $84 on May 21. This analyst sees about 32% gain in the stock.</li>
<li>Recent News: On May 20, Zoom Video Communications reported stronger-than-expected earnings for its first quarter.</li>
</ul>
Analyst: Lauren Silberman
<ul>
<li>Analyst Firm: Deutsche Bank</li>
<li>Ratings Accuracy: 86%</li>
<li>Latest Rating: Maintained a Buy rating on Sysco Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYY#NYSE">SYY</a>) and cut the price target from $90 to $86 on May 23. This analyst sees over 18% upside in the stock.</li>
<li>Recent News: On May 22, Sysco announced updates amid its investor day presentation.</li>
</ul>
Read More: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/05/39007136/jim-cramer-says-this-basic-materials-stock-is-too-dicey-shares-his-take-on-arista-networ">Jim Cramer Says This Basic Materials Stock Is &#8216;Too Dicey,&#8217; Shares His Take On Arista Networks</a>

Long Ideas

Pre-Market Outlook

NEXN

This Analyst With 88% Accuracy Rate Sees Around 31% Upside In Nvidia - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts

Cathie Wood&#8216;s flagship ARK Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>) has been navigating through significant losses, showcasing the challenges faced by some of its major holdings. 
What Happened: Since its peak in February 2021, the fund has experienced substantial losses. The ARKK ETF has declined by 72% since its peak on Feb. 19, 2021. During this period, the Nasdaq 100, its primary benchmark, has surged by 39%, reaching record highs. Year-to-date, the ARKK ETF has decreased by 15%, while the Nasdaq 100 has increased by 12%.
Data from Cathie&#8217;s Ark, a platform monitoring ARK Invest&#8217;s ETFs&#8217; daily trades, reveals that only Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), among ARKK&#8217;s top 10 stock holdings, has shown a positive return since joining the portfolio. Additionally, out of the 35 stocks held in the portfolio, only seven are currently in positive territory.
These are the ten largest losers within the ARKK ETF, as per data from Cathie&#8217;s Ark: 
<ol>
<li>Ginkgo Bioworks The initial price of Ginkgo Bioworks Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DNA#NYSE">DNA</a>) was $9.99. Its current price stands at $0.66, reflecting a significant percentage change of -93.4%.</li>
<li>Teladoc Health Teladoc Health Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDOC#NYSE">TDOC</a>) started at an initial price of $163.91. As of now, its price has dropped to $11.43, indicating a considerable percentage change of -93.0%.</li>
<li>Pacific Biosciences Pacific Biosciences of California Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PACB#NASDAQ">PACB</a>) began at an initial price of $19.84. Currently, it is priced at $1.88, showing a substantial percentage change of -90.2%.</li>
<li>10x Genomics 10X Genomics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXG#NASDAQ">TXG</a>) had an initial price of $153.19. Its current price is $22.67, resulting in a notable percentage change of -85.0%.</li>
<li>Unity Technologies Unity Software Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/U#NYSE">U</a>) started at an initial price of $104.43. It is currently priced at $19.37, indicating a significant percentage change of -81.2%.</li>
<li>Verve Therapeutics Verve Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VERV#NASDAQ">VERV</a>) began at an initial price of $28.17. Its current price is $5.25, reflecting a substantial percentage change of -81.0%.</li>
<li>Zoom Video Zoom Video Communications Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>) started at an initial price of $278.55. Its current price stands at $63.12, showing a noticeable percentage change of -77.6%.</li>
<li>Roku Roku Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>) had an initial price of $243.88. Its current price is $56.67, resulting in a significant percentage change of -77.0%.</li>
<li>UiPath UiPath Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) started at an initial price of $62.44. As of now, its price has dropped to $18.98, indicating a considerable percentage change of -69.5%.</li>
<li>Intellia Therapeutics Intellia Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTLA#NASDAQ">NTLA</a>) began at an initial price of $62.04. Its current price stands at $24.67, reflecting a significant percentage change of -59.9%.</li>
</ol>
Why It Matters: Wood&#8217;s ARK Invest has been the subject of intense scrutiny in recent months. The firm&#8217;s performance has been a <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38915172/investment-advisor-says-throwing-random-darts-at-tickers-would-beat-arkk-as-cathie-">topic of debate</a>, with some industry experts expressing skepticism about its investment strategies. 
Wood&#8217;s views on the stock market have also sparked controversy, with her comparison of the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/39007059/cathie-woods-comparison-of-current-stock-market-and-1930s-great-depression-draws-cr">current market to the Great Depression</a> drawing criticism from renowned investor Jim Chanos. 
Additionally, her prediction about the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/39007059/cathie-woods-comparison-of-current-stock-market-and-1930s-great-depression-draws-cr">significance of crypto</a> in the 2024 White House race has been a point of contention.
Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/39025870/heres-how-much-maga-coin-has-jumped-since-the-ex-president-said-if-youre-in-favor-of-crypt?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Here&#8217;s How Much MAGA Coin Has Jumped Since The Ex-President Said, &#8216;If You&#8217;re In Favor Of Crypto, You Better Vote For Trump&#8217;</a>
Cathie Wood Ark Invest. Image made via photos on Flickr and Shutterstock
This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Global

NTLA

PACB

PATH

Cathie Wood's Ark Innovation ETF Sees Sharp Decline Among Top Holdings — Here Are 10-Largest Losers Within ARKF

Deep-pocketed investors have adopted a bullish approach towards Zoom Video Comms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ZM usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 9 extraordinary options activities for Zoom Video Comms. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 55% leaning bullish and 44% bearish. Among these notable options, 4 are puts, totaling $1,355,748, and 5 are calls, amounting to $257,380.
<h3>What's The Price Target?</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $50.0 to $75.0 for Zoom Video Comms during the past quarter. 
<h3>Volume &amp; Open Interest Trends</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Zoom Video Comms's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Zoom Video Comms's substantial trades, within a strike price spectrum from $50.0 to $75.0 over the preceding 30 days.
<h3>Zoom Video Comms Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1716497176_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ZM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$6.8</td>
<td>$6.6</td>
<td>$6.65</td>
<td>$65.00</td>
<td>$731.5K</td>
<td>366</td>
<td>1.1K</td>
</tr>
<tr>
<td>ZM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$5.15</td>
<td>$4.05</td>
<td>$4.2</td>
<td>$50.00</td>
<td>$399.0K</td>
<td>1.5K</td>
<td>951</td>
</tr>
<tr>
<td>ZM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$4.95</td>
<td>$4.85</td>
<td>$4.85</td>
<td>$60.00</td>
<td>$193.9K</td>
<td>2.3K</td>
<td>404</td>
</tr>
<tr>
<td>ZM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$3.45</td>
<td>$3.35</td>
<td>$3.35</td>
<td>$75.00</td>
<td>$66.4K</td>
<td>799</td>
<td>201</td>
</tr>
<tr>
<td>ZM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$3.15</td>
<td>$3.0</td>
<td>$3.0</td>
<td>$75.00</td>
<td>$60.0K</td>
<td>799</td>
<td>401</td>
</tr>
</tbody>
</table>

<h3>About Zoom Video Comms</h3>
Zoom Video Communications provides a communications platform that connects people through video, voice, chat, and content sharing. The company's cloud-native platform enables face-to-face video and connects users across various devices and locations in a single meeting. Zoom, which was founded in 2011 and is headquartered in San Jose, California, serves companies of all sizes from all industries around the world.
<h3>Current Position of Zoom Video Comms</h3>
<ul>
<li>Trading volume stands at 3,001,054, with ZM's price down by -3.04%, positioned at $62.42.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 88 days.</li>
</ul>
<h3>Expert Opinions on Zoom Video Comms</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $71.4.
<ul>
<li>An analyst from Bernstein has decided to maintain their Market Perform rating on Zoom Video Comms, which currently sits at a price target of $78. </li>
<li>An analyst from Baird has decided to maintain their Outperform rating on Zoom Video Comms, which currently sits at a price target of $84. </li>
<li>An analyst from Wells Fargo has decided to maintain their Underweight rating on Zoom Video Comms, which currently sits at a price target of $60. </li>
<li>An analyst from Evercore ISI Group has decided to maintain their In-Line rating on Zoom Video Comms, which currently sits at a price target of $70. </li>
<li>Maintaining their stance, an analyst from Stifel continues to hold a Hold rating for Zoom Video Comms, targeting a price of $65. </li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Zoom Video Comms with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Zoom Video Comms's Options: A Look at What the Big Money is Thinking

Zoom Video Communications, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/zm#NASDAQ">ZM</a>) announced the general availability of new features across Zoom Workplace, including enhanced capabilities for its AI Companion in Zoom Meetings and Zoom Team Chat. AI Companion, a generative AI assistant available at no extra cost, now offers quick reply drafting in Team Chat, along with improved customization and personalization options for organizations. 
AI Companion supports today&#39;s workforce by enhancing communication whether users are in the office, at home, or on the move. It can now suggest short, contextual replies for Team Chat on mobile devices, helping users stay connected and aligned with their teams from anywhere. 
AI Companion aims to alleviate the burden of tedious tasks that can hinder creativity and productivity. The new global search feature further enhances productivity by enabling users to efficiently find information across various Zoom platforms, including meeting recordings, messages, files and more. 
Additionally, AI Companion now supports Learning Tools Interoperability, enabling educators to easily access and share meeting summaries with students. To boost employee engagement, the integration of Workvivo TV with Zoom Rooms allows for the instant broadcast of critical company news and updates across multiple locations.
<div class="chart_embed">
<h3>Zoom Video Communications, Inc. Price and Consensus</h3>
<a href="https://www.zacks.com/stock/chart/ZM/price-consensus-chart?icid=chart-ZM-price-consensus-chart"><img alt="Zoom Video Communications, Inc. Price and Consensus" src="https://staticx-tuner.zacks.com/images/charts/c5/1716377054.png" style="height:285px; width:620px" title="" /> </a>
Zoom Video Communications, Inc. price-consensus-chart | Zoom Video Communications, Inc. Quote
</div>
<h3>ZM&#39;s Recent Security Updates in Workplace to Boost Enterprise Customers</h3>
Zoom recently announced the global availability of post-quantum end-to-end encryption (E2EE) for Zoom Workplace, specifically for Zoom Meetings, with plans to extend this security feature to Zoom Phone and Zoom Rooms soon. 
This advancement makes Zoom the first Unified Communications as a Service (UCaaS) provider to offer post-quantum E2EE for video conferencing. As security threats grow more sophisticated, Zoom&#39;s proactive approach involves upgrading encryption algorithms to withstand potential future threats from quantum computing. 
Zoom&#39;s post-quantum E2EE ensures that only meeting participants have access to the encryption keys, making data transmitted through Zoom&#39;s servers indecipherable without the necessary keys. This initiative is part of Zoom&#39;s continuous efforts to adapt to the evolving security landscape and provide robust protection for user data. 
These recent advancements are expected to boost enterprise customers, as well as the company&#39;s top-line growth. 
The Zacks Consensus Estimate for ZM&#39;s fiscal 2025 enterprise customers is pegged at 228,310, indicating year-over-year growth of 3.6%. The Zacks Consensus Estimate for fiscal 2025 revenues is pegged at $4.6 billion, indicating year-over-year growth of 1.62%. 
Shares of this Zacks Rank #3 (Hold) company have lost 11.2% year to date against the Zacks Computer and Technology sector&#39;s growth of 16.5% due to the tough competition from Microsoft (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/msft#NASDAQ">MSFT</a>), Alphabet (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/googl#NASDAQ">GOOGL</a>) and Salesforce (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/crm#NYSE">CRM</a>) in the cloud communications market. 
Microsoft Teams is a versatile platform that facilitates chatting, video meetings, file storage, and the use of various apps. Recently, it introduced a new feature called meeting recap, which includes the generation of meeting transcripts. The Teams Premium offering, Intelligent Recap, leverages AI to take this a step further by recognizing spoken names and discussed topics, organizing and summarizing the meeting into sections, and suggesting action items based on the meeting content. 
Alphabet&#39;s Google Meet excels in scheduling and joining meetings directly from email and calendar apps, a feature that gives it an advantage over Zoom. The platform is enhancing the Google Meet experience with improvements in studio lighting and sound as part of its Duet AI integration announced last year. These enhancements are currently available to users or organizations with the Duet AI for Google Workspace Enterprise add-on. 
Slack, developed by Slack Technologies and owned by Salesforce since 2020, is a cloud-based platform designed for team communication. It offers both free and paid subscriptions, allowing users to send text messages, share files and media, make voice and video calls, and participate in group chats, thereby facilitating efficient team collaboration. 
Zoom has been actively enhancing its platform with AI integration and making more features generally available to remain competitive in the cloud communications market. With its recent advancements, Zoom aims to maintain its edge and effectively counter the competition.
<a href="https://www.zacks.com/stock/news/2277347/zoom-video-zm-enhances-ai-for-productivity-and-collaboration?cid=CS-BENZ-FT-analyst_blog|company_news_tech_sector-2277347">To read this article on Zacks.com click here.</a>

Zoom Video Enhances AI for Productivity and Collaboration

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
The top metaverse stocks to buy are a hot topic these days and with good reason. Once considered a pipe dream, a fully immersive, virtual three-dimensional world could soon become our new reality. As a result, companies involved in the development, creation and deployment of this technology are experiencing exponential growth.&nbsp;



Despite being in its early stages, the potential of the metaverse has many touting it as the next dot-com stock. A virtual world will power social and commercial technologies, thereby redefining how we live and work. Businesses can leverage the metaverse to provide their customers with a 360-degree virtual experience while individuals will interact with one another in a three-dimensional world.



Given the promising prospects of the metaverse, companies leading the charge have attracted significant interest from investors. Early buyers in the space stand to earn massive gains as the technology scales in the coming years. Experts predict the metaverse market will be worth <a href="https://www.mckinsey.com/capabilities/growth-marketing-and-sales/our-insights/value-creation-in-the-metaverse">$5 trillion by 2030</a>.&nbsp;



<h2>Roblox (RBLX)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/05/rblx1600-300x169.png" alt="A smartphone displaying a web page for Roblox Corp (RBLX)."><div>Source: Koshiro K / Shutterstock.com</div></div>Companies across industries are dabbling in the metaverse but the gaming sector is playing a key role in the development of these virtual platforms. The company leading this charge is Roblox (NASDAQ:<a href="https://investorplace.com/stock-quotes/rblx-stock-quote/">RBLX</a>), a platform for games, social hangouts and experiences designed by its users. Roblox is perhaps our first glimpse into what a fully virtual world will look like and the response has been overwhelmingly positive.



Since its inception, the company has built out its metaverse by incorporating more real world tools on its platform. Last year Roblox <a href="https://www.wired.com/story/gadget-lab-podcast-611/">launched a video chat capability</a>&ndash; combining the features of Zoom (NASDAQ:<a href="https://investorplace.com/stock-quotes/zm-stock-quote/">ZM</a>) and FaceTime with its gaming environment. More recently, it signed a deal with Walmart (NYSE:<a href="https://investorplace.com/stock-quotes/wmt-stock-quote/">WMT</a>) to <a href="https://chainstoreage.com/how-walmart-breathing-life-metaverse-commerce-roblox">sell &lsquo;real-world&rsquo; items</a> on the platform. In essence, every Walmart purchase comes with a virtual twin that buyers can use on their avatar.



The company&rsquo;s financials reflect the success of its investments. Revenue was <a href="https://ir.roblox.com/news/news-details/2024/Roblox-Reports-First-Quarter-2024-Financial-Results/default.aspx">up 22% year-over-year</a> (YOY) and bookings were up 19% YOY. As Roblox continues to expand its platform, this is one of the top metaverse stocks to buy for plenty of upside potential.



<h2>Meta (META)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/01/meta1600-1-300x169.png" alt="In this photo illustration the Meta logo seen displayed on a smartphone and in the background the Facebook logo"><div>Source: rafapress / Shutterstock.com</div></div>Meta&rsquo;s (NASDAQ:<a href="https://investorplace.com/stock-quotes/meta-stock-quote/">META</a>) new name (formerly Facebook) is a sign as clear as any other on its shifting priorities. In the last few years the company has made large investments in Reality Labs, the division that houses its metaverse initiatives. In addition to its augmented and virtual reality (AR/VR) headsets, Meta has placed a heightened focus on the role of generative AI in the metaverse. The company recently launched an open source language model- the Llama 3 and is testing an AI image generator on Whatsapp.&nbsp;



Meta&rsquo;s metaverse investments show plenty of promise in the long-haul but continue to hinder short-term finances. In the last quarter, Reality Labs has generated <a href="https://www.cnbc.com/2024/04/24/metas-reality-labs-posts-3point85-billion-loss-in-first-quarter.html">$440 million in revenue</a> and an operating loss of $3.85 billion. These losses are expected to grow as Meta continues to invest in these initiatives.&nbsp;



But looking at things through a long-term lens, the company&rsquo;s metaverse investments will pay off. For one, Meta&rsquo;s large user base of 3.2 billion active users across its platforms enables the company to leverage its network when testing on launching new features to improve the user experience. Moreover, advertising revenue remains strong, <a href="https://www.campaignasia.com/article/metas-ad-billings-propel-27-revenue-surge/495691">increasing by 27%</a> YOY in Q1.&nbsp;



As Meta&rsquo;s metaverse continues to expand, this is one of the top metaverse stocks to buy for long-term gains.



<h2>Unity Software (U)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/02/unity_u_stock_1600-300x169.png" alt="In this photo illustration Unity Software Inc. (U stock) logo is seen on a mobile phone and a computer screen."><div>Source: viewimage / Shutterstock.com</div></div>Another company that&rsquo;s making waves in the metaverse gaming sector is Unity Software (NYSE:<a href="https://investorplace.com/stock-quotes/u-stock-quote/">U</a>). The company holds a critical market position because it provides the tools required to create games. This includes sound effects, computer graphics and multiplayer features in the game. Unity provides these services through a freemium model that allows smaller developers to build games on its platform.



The dawn of metaverse has served as a boon for Unity Software offerings. The company&rsquo;s tools can be used to create 2-D and 3-D content for mobile, PC and AR/VR devices. Developers can also leverage the Unity IAP and Unity Ads products to improve the revenue potential of their content. More recently, Unity <a href="https://corporate.walmart.com/news/2024/01/04/walmart-and-unity-to-bring-immersive-commerce-to-games-virtual-worlds-and-apps">announced a partnership</a> with Walmart to integrate its Commerce API into their games. This allows creators to sell physical items in the 3D world.&nbsp;



Looking at the financials, Unity reported <a href="https://investorplace.com/earning-results/2024/05/u-stock-earnings-unity-software-for-q1-of-2024/">earnings per share at -75 cents</a> which was below the estimated -62 cents. However, revenue came in 6.68% above analyst expectations at $460.38 million. While the results are a mixed bag, Unity Software is ultimately worth betting on for its long-term prospects. The company projects a 2% to 4% increase in growth this year.&nbsp;



Despite short-term headwinds, Unity&rsquo;s key role in the gaming industry makes this one of the best metaverse stocks to buy.



On the date of publication, Divya Premkumar&nbsp;did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
<div>Divya has a background in finance and accounting and has worked in FP&amp;A roles at Fortune 500 companies. She is an avid reader and enjoys writing on a variety of topics including stocks, crypto, blockchain and global policy.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/06/3-metaverse-stocks-to-buy-now-2/">You&#8217;ve Been Warned! 3 Metaverse Stocks to Buy Now or Regret Forever</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

You've Been Warned! 3 Metaverse Stocks to Buy Now or Regret Forever

Analysts have been eager to weigh in on the Technology sector with new ratings on Zoom Video Communications (ZM – Research Report), MongoDB (MDB – ...

Analysts' Opinions Are Mixed on These Technology Stocks: Zoom Video Communications (ZM), MongoDB (MDB) and Infinera (INFN)

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Zoom Video: Inflection Point (Rating Upgrade)

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
The stock market has been roaring higher since 2023. The&nbsp;S&amp;P 500&nbsp;and the&nbsp;Nasdaq&nbsp;remain elevated as the Magnificent Seven stocks propel these indices to all-time highs. While many stocks have been winners amid cooling inflation and robust consumer spending, that&rsquo;s not the story for every growth stock.



Some investors cling to the hope that superstar stocks during the pandemic will reclaim their highs. Other investors may believe that certain rallies are bound to continue&nbsp;forever&nbsp;even if the financials and competitive landscape don&rsquo;t offer sufficient justification.



Declining revenue, an excessive valuation and rising net losses are three signs of a growth stock to sell. Holding onto those investments can result in higher losses that make it more difficult to reach long-term financial goals. You don&rsquo;t want to get caught holding onto those types of stocks, especially when investors can choose from several indices and ETFs. These are some of the <a href="https://investorplace.com/stock-types/growth-stocks/">growth stocks</a> to sell before they lose value.



<h2>Zoom (ZM)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/08/zoom_zm_1600-300x169.jpg" alt="A woman sitting at a desk waves at a large number of people on the videoconferencing software Zoom (ZM)."><div>Source: Girts Ragelis / Shutterstock.com</div></div>Zoom&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/zm-stock-quote/">ZM</a>) certainly enjoyed its heyday during the pandemic. 



People had to use video conferencing to join business meetings, speak with friends and attend class. Zoom stock soared by more than 700% in less than one year. However, the lockdown restrictions were eventually rescinded, and Zoom lost its edge.



The stock now remains roughly 90% removed from its all-time high. Although a 22 P/E ratio makes Zoom seem like a bargain, financials suggest a different story. Revenue only increased by 3.2% year-over-year (YOY) in the&nbsp;<a href="https://investors.zoom.us/news-releases/news-release-details/zoom-video-communications-reports-financial-results-first-1" target="_blank">first quarter of fiscal 2025</a>. It&rsquo;s a disappointing result for a company that once achieved solid growth rates during the pandemic.&nbsp;



Other tech giants have comparable video conferencing options&nbsp;which&nbsp;makes Zoom even less relevant. Leadership is well aware of the situation and&nbsp;<a href="https://fortune.com/2024/06/28/zoomthe-video-calls-covid-pandemic-ai-collaboration/">no longer wants</a> to be exclusively known as a video conferencing company. Recognizing limited growth, Zoom is looking for ways to pivot. Unfortunately, investors are pivoting to other stocks, resulting in a 14% year-to-date (YTD) decline for Zoom shares.



<h2>Workhorse (WKHS)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/06/wkhs1600-300x169.png" alt="Person holding cellphone with logo of American electric vehicle company Workhorse Group Inc. (WKHS) on screen in front of webpage. Focus on phone display. Unmodified photo."><div>Source: T. Schneider / Shutterstock.com</div></div>Workhorse&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/wkhs-stock-quote/">WKHS</a>) really lived up to its name in the pandemic, logging a 1,500% gain in less than one year. However, the electric vehicle (EV) bubble popped, and investors are looking more carefully at financials. While a technical analysis bore fruit during the pandemic, a fundamental analysis highlights a company that&rsquo;s going downhill.



Revenue decreased from $1.7 million to $1.3 million in&nbsp;<a href="https://ir.workhorse.com/news-events/press-releases/detail/257/workhorse-group-reports-first-quarter-2024-results" target="_blank">Q1 of 2024</a>. That&rsquo;s a 21% YOY decline for a company that is valued at $29 million. Further, net losses grew to $29.2 million in the year which indicates Workhorse is digging itself into a deeper hole. The investment thesis for a company that burned through $29.2 million and only had $1.3 million in revenue to show for it lacks any foundation.



So, it&rsquo;s no wonder that the stock is down by 78% YTD and has dropped by 97% over the past five years. Workhorse is heading to zero. And a&nbsp;<a href="https://ir.workhorse.com/news-events/press-releases/detail/259/workhorse-group-announces-1-for-20-reverse-stock-split" target="_blank">reverse 1-for-20 stock split</a>&nbsp;isn&rsquo;t going to solve that. With shares trading at $1.53 per share, Workhorse may soon have to initiate another reverse split just to remain eligible for trading in the stock market.



<h2>Etsy (ETSY)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/04/etsy-1600-1-300x169.png" alt="Etsy logo is over an orange background with a little shopping cart with packages in it. ETSY stock."><div>Source: Sergei Elagin / Shutterstock</div></div>Etsy&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/etsy-stock-quote/">ETSY</a>) has lost its way. While it&rsquo;s good to see companies focus on growing revenue and earnings, the online marketplace took it a bit too far. The pandemic yielded great results for the company, but it was starting to lose its culture. Etsy has frustrated many of its merchants and has drifted away from unique and personalized items.&nbsp;



Moreover, recent earnings results don&rsquo;t lie. Gross merchandise sales dropped by 3.7% YOY in the&nbsp;<a href="https://s22.q4cdn.com/941741262/files/doc_financials/2024/q1/Exhibit-99-1-Q1-2024.pdf" target="_blank">first quarter</a>&nbsp;as fewer consumers shop on Etsy. The e-commerce firm delivered 0.8% YOY revenue growth because of higher fees and advertisements. Still, that&rsquo;s not what you want from a growth company. Net income dipped by 15.5% YOY.



Sadly, high growth rates appear to be a thing of the past, and investors have been noticing. Shares are down by 27% YTD as investors consider their options. It doesn&rsquo;t make sense to stick with a company that has a low probability of generating moderate growth in the future when investors can choose from corporations that are growing at faster rates.



On the date of publication, Marc Guberti did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines.</a>
<div>Marc Guberti is a finance freelance writer at InvestorPlace.com who hosts the Breakthrough Success Podcast. He has contributed to several publications, including the U.S. News &amp; World Report, Benzinga, and Joy Wallet.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/07/3-growth-stocks-to-sell-in-july-before-they-crash-burn/">3 Growth Stocks to Sell in July Before They Crash &amp; Burn</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

3 Growth Stocks to Sell in July Before They Crash & Burn

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Social media is a fast growing market that Goldman Sachs expects to <a href="https://www.goldmansachs.com/intelligence/pages/the-creator-economy-could-approach-half-a-trillion-dollars-by-2027.html">double</a> to $480 billion by 2027. To take advantage of this trend, many invest in the obvious social <a href="https://investorplace.com/industries/communications/media/">media stocks</a> like Alphabet (NASDAQ:<a href="https://investorplace.com/stock-quotes/goog-stock-quote/">GOOG</a>, NASDAQ:<a href="https://investorplace.com/stock-quotes/googl-stock-quote/">GOOGL</a>) or Meta (NASDAQ:<a href="https://investorplace.com/stock-quotes/meta-stock-quote/">META</a>).



However, these companies are trading at all-time highs and there is no way to know if they are overvalued. When planning for one&rsquo;s retirement, investing in hot stocks of the day is too much of a gamble. 



Personally, I like to look for <a href="https://investorplace.com/industries/communications/media/social-media/">social media stocks</a> that are already dominating their respective markets. It also doesn&rsquo;t hurt if they can pay dividends shortly and are reasonably or undervalued.&nbsp;



<h2>Zoom Video (ZM)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/zm1600-300x169.jpg" alt="Zoom (ZM) logo on a building"><div>Source: Michael Vi / Shutterstock.com</div></div>At one point, Zoom Video (NASDAQ:<a href="https://investorplace.com/stock-quotes/zm-stock-quote/">ZM</a>) traded at over $550 per share. Today it trades below $60, 4.5% lower than when it IPOed.&nbsp;



Even though the hype is gone, Zoom is still the leading video conferencing software with <a href="https://www.vlinkinfo.com/blog/market-stats-of-zoom-app/">57%</a> of the market share. With hybrid expected to become the most <a href="https://www.gallup.com/workplace/511994/future-office-arrived-hybrid.aspx">prevalent</a> work arrangement, Zoom isn&rsquo;t likely to become irrelevant any time soon. The stock is simply not what it was during the pandemic.&nbsp;



In quarter one of 2024, Zoom&rsquo;s revenue improved just 3.2% year-over-year (YOY). However, <a href="https://investors.zoom.us/node/12416/pdf">net income</a> improved from $15.4 million to $216.3 million. The key reason is that Zoom is growing its enterprise customers who have higher margins, and because it&rsquo;s expanding into an area known as Unified Communication as a Service (UCaas) which could mean unifying all of a company&rsquo;s internal communications like video calls, chats and phone calls all in one place. For example, one of its fastest growing products is the Zoom Phone, which grew from 4 million users in 2022 to over <a href="https://backlinko.com/zoom-users#:~:text=Source%3A%20Zoom-,Zoom%20Phone%20Users,sold%20as%20of%20July%202022.">7 million</a> this year and is essentially a business phone system that is online. It&rsquo;s able to leverage its existing enterprise customers to sell them



Trading at a 11.63x forward price-to-earnings (P/E) ratio, it is below Cisco&rsquo;s (NASDAQ:<a href="https://investorplace.com/stock-quotes/csco-stock-quote/">CSCO</a>) <a href="https://uk.finance.yahoo.com/quote/CSCO/key-statistics/">13.5x</a> even though Zoom has more growth potential. Moreover, it&rsquo;s proof that Zoom certainly isn&rsquo;t the Covid-19 bubble stock of the past and that it could be undervalued.&nbsp;



<h2>Adobe (ADBE)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/04/adbe-1600-1-300x169.png" alt="Adobe logo on the smartphone screen is placed on the Apple macbook keyboard on red desk background. ADBE stock."><div>Source: Tattoboo / Shutterstock</div></div>Adobe (NASDAQ:<a href="https://investorplace.com/stock-quotes/adbe-stock-quote/">ADBE</a>) Adobe makes a strong investment in the social media economy for one main reason &mdash; its industry dominance. <a href="https://www.skillademia.com/statistics/adobe-statistics/">90% of creative workers use</a> Adobe&rsquo;s Creative Cloud in order to create the content on social media. On top of this, it has strong and proven financials. Since 2015 ABDE has experienced on average over 18% <a href="https://stockanalysis.com/stocks/adbe/revenue/">annual revenue growth</a>. Adobe&rsquo;s net income for Q2 2024 was $1.573 billion, compared to $1.295 billion in Q2 2023, this is a 22% YOY increase, due to the growth of the digital experience segment where it helps companies run digital ads. In addition, this is due to the fact of increased revenue from existing subscribers <a href="https://www.cnbc.com/2024/06/13/adobe-adbe-q2-earnings-report-2024.html">upgrading</a> to its AI tools. Through Adobe Sensei and Firefly, AI tools are natively implemented and improving users&rsquo; productivity.



Its valuation isn&rsquo;t cheap, trading at a forward P/E ratio of<a href="https://finance.yahoo.com/quote/ADBE/key-statistics/"> 30.86x</a>. However, with it being a dominant player and potentially giving out dividends in the near future due to its strong earnings growth, I think its valuation right now is reasonable and makes it a great option among social media stocks.&nbsp;



<h2>Amazon (AMZN)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/09/amzn-stock-10-300x169.jpg" alt="Amazon LOGO ON THE SIDE OF A BUILDING."><div>Source: Sundry Photography / Shutterstock.com</div></div>Amazon (NASDAQ:<a href="https://investorplace.com/stock-quotes/amzn-stock-quote/">AMZN</a>) can increasingly be considered a social media stock due to its growing position as a digital advertiser and its short-form content app <a href="https://www.amazon.com/Inspire/b?ie=UTF8&amp;node=24672145011">Inspire</a>.



First, let&rsquo;s establish Amazon&rsquo;s dominance in its various fields. In e-commerce, it is the largest player with over <a href="https://www.emarketer.com/content/amazon-will-surpass-40-of-us-ecommerce-sales-this-year">40%</a> market share in the U.S. In cloud computing, AWS is the largest player and has <a href="https://www.statista.com/chart/18819/worldwide-market-share-of-leading-cloud-infrastructure-service-providers/">31%</a> of global market share. For video on demand streaming, Amazon&rsquo;s Prime Video is the largest at <a href="https://www.mediaplaynews.com/report-netflix-barely-maintains-us-market-share-advantage-over-prime-video/">21%</a> of the market share. Lastly, Amazon&rsquo;s digital advertising business is rapidly growing the world&rsquo;s <a href="https://www.wsj.com/articles/amazon-hopes-to-dominate-the-world-of-streaming-ads-it-faces-some-challenges-along-the-way-7176a7a2#:~:text=The%20e%2Dcommerce%20giant%20is,the%20period%20a%20year%20earlier.">third largest</a> digital advertiser at <a href="https://investorplace.com/2024/06/amazon-stocks-190-breakout-is-this-tech-giant-just-getting-started/">24%</a> YOY and outpacing competitors.&nbsp;



Growth in AWS and advertising has driven operating margins to improve from <a href="https://investorplace.com/2024/06/amazon-stocks-190-breakout-is-this-tech-giant-just-getting-started/">3.7%</a> in Q1 2023 to 10.7% in Q1 2024, helping Amazon deliver over 200% in net income to $10.43 billion. With strong earnings and better margins, it sets Amazon up to deliver dividend payments soon along with the others in the &ldquo;<a href="https://www.investopedia.com/magnificent-seven-stocks-8402262">Magnificent 7</a>.&rdquo;



The thorn lies in Amazon&rsquo;s valuation, which is hard to argue given its trading at all-time highs. However, I would argue that the premium paid is more justified given the fact its current P/E ratio is <a href="https://investorplace.com/2024/06/amazon-stocks-190-breakout-is-this-tech-giant-just-getting-started/">lower now</a> than when the stock traded below $100. Essentially, what we are seeing right now is that Amazon stock price is returning to its 2021 levels but this time it&rsquo;s backed up by strong earnings rather than pure hype. I&rsquo;m willing to take a bet on valuation for a high-quality company like Amazon.&nbsp;



On the date of publication, Michael Que held a LONG position in AMZN. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.



On the date of publication, the responsible editor held a LONG position in GOOG.
<div>Michael Que is a financial writer with extensive experience in the technology industry, with his work featured on Seeking Alpha, Benzinga and MSN Money. He is the owner of Que Capital, a research firm that combines fundamental analysis with ESG factors to pick the best sustainable long-term investments.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/07/3-social-media-stocks-you-can-retire-on/">3 Social Media Stocks You Can Retire On</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

3 Social Media Stocks You Can Retire On

Screening For The Best SaaS Companies

In a report released yesterday, Michael Turrin from Wells Fargo maintained a Sell rating on Zoom Video Communications (ZM – Research Report), with ...

Wells Fargo Reaffirms Their Sell Rating on Zoom Video Communications (ZM)

The tech industry's long-term growth is fueled by increasing automation needs globally, favorable government support, and new technologies. Given the industry's rosy outlook, quality tech stocks HP (HPQ), Hewlett Packard (HPE), and Zoom Video (ZM) with P/E ratios under 15 could be ideal buys. Keep reading... The tech industry is booming, driven by growing demand for latest technologies, evolution of AI and IoT, and other technological advances. Further, cloud based software, automation of business processes, and emerging technologies play a crucial role in navigating the market trajectory.
Amid this backdrop, investors could consider fundamentally sound tech stocks HP Inc. (<a href="https://stocknews.com/stock/HPQ/">HPQ</a>), Hewlett Packard Enterprise Company (<a href="https://stocknews.com/stock/HPE/">HPE</a>), and Zoom Video Communications, Inc. (<a href="https://stocknews.com/stock/ZM/">ZM</a>) with PE ratios under 15 to buy now.
The tech industry is rapidly growing and evolving with the ever-surging demand for new innovation, technology and solutions. The wave has also resulted in the U.S. venture capital funding surging to $55.60 billion in the second quarter largely driven by <a href="https://www.reuters.com/business/finance/ai-deals-lift-us-venture-capital-funding-highest-level-two-years-data-shows-2024-07-03/">significant investments in artificial-intelligence companies</a>.
With the growing popularity of cloud-based software and rising demand to automate business processes, the demand for IT services worldwide is growing strongly. The global IT services market is expected to reach $1.85 trillion by 2031, expanding at a <a href="https://www.industryarc.com/Research/IT-Services-Market-Research-501180">CAGR of 9.5%</a>.
Further, the rapid growth of the IT industry has significantly influenced the <a href="https://www.mordorintelligence.com/industry-reports/global-it-hardware-market/market-size">IT hardware market</a> due to high demand for hardware like laptops and tablets due to their mobility and versatility advantage. The market is estimated to value at $191.03 billion by 2029, growing at a CAGR of 7.9% driven by increasing digitization, worldwide government recognition, and wide application.
Besides, with the adoption of smarter and more connected tech devices and infrastructure, the <a href="https://www.statista.com/markets/418/technology-telecommunications/">technology and telecommunications industry</a> is rapidly evolving supported by emerging technologies, such as artificial intelligence (AI) and the Internet of Things (IoT).
Given these favorable market trends, let us deep dive into the fundamentals of the top tech stocks.
HP Inc. (<a href="https://stocknews.com/stock/HPQ/">HPQ</a>)
HPQ offers personal computing and other digital access devices, imaging and printing products, and related technologies, solutions, and services globally. The company operates in three segments: Personal Systems; Printing; and Corporate Investments.
In terms of forward non-GAAP P/E, HPQ is trading at 10.10x, 58.6% lower than the industry average of 24.41x. Likewise, the stock's forward EV/Sales multiple of 0.79 is 73% lower than the industry average of 2.93. Also, its forward <a href="https://www.investopedia.com/ask/answers/032515/what-considered-favorable-price-sales-ratio.asp#:~:text=The%20Price%2Dto%2DSales%20Ratio,to%20deliver%20%241%20of%20revenue.">Price/Sales</a> of 0.64x is 78.1% lower than the industry average of 2.90x.
On May 20, HPQ unveiled a new class of next-generation AI PCs at Microsoft's AI Vision Event designed for the AI era to empower people to work and create more meaningfully. HPQ unveiled the HP OmniBook X AI PC and HP EliteBook Ultra AI PC, its first next-gen AI PCs built from the ground up, offering the latest ARM architecture to harness the most powerful AI technologies.
On May 7, HPQ and Hong Kong Productivity Council signed a collaboration agreement to establish the HKPC-HP 3D Printing Technology Centre in Hong Kong for application research development on additive manufacturing, also known as 3D printing.
The center aims to become a pilot transformation base, applying advanced 3D printing technologies that will empower various industries, sharpen their competitive edge, and foster the development of high-value strategic industrial chains.
During the second quarter that ended April 30, 2024, HPQ reported total net revenue of $12.80 billion. Its non-GAAP earnings from operations of $1.12 billion indicate growth of 1.6% from the year-ago value.
Furthermore, the company's non-GAAP net earnings stood at $812 million and 0.82 per share, up 3.4% and 3.8% year-over-year, respectively.
For the fiscal 2024 third quarter, HPQ estimates its net EPS to be in the range of $0.63 to $0.77 and non-GAAP net EPS to be in the range of $0.78 to $0.92. For fiscal 2024, the company expects non-GAAP net EPS to be in the range of $3.30 to $3.60.
Analysts expect HPQ's revenue for the third quarter (ending July 2024) to increase 1.3% year-over-year to $13.37 billion, while the company's EPS for the same quarter is expected to grow marginally year-over-year to $0.86. Furthermore, the company surpassed the consensus EPS estimates in three of the trailing four quarters.
Shares of HPQ have surged 16.6% over the past six months and 13.3% over the past year to close the last trading session at $34.85.
HPQ's bright prospects are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
The stock has a B grade for Value, and Quality. Within the B-rated <a href="https://stocknews.com/category/technology-hardware/">Technology - Hardware</a> industry, HPQ is ranked #9 out of 38 stocks.
<a href="https://stocknews.com/stock/HPQ/">Click here</a> to access additional ratings of HPQ for Sentiment, Momentum, Growth, and Stability.
Hewlett Packard Enterprise Company (<a href="https://stocknews.com/stock/HPE/">HPE</a>)
HPE provides solutions enabling customers to capture, analyze, and act upon data seamlessly internationally. The company operates through six segments: Compute; HPC &amp; AI; Storage; Intelligent Edge; Financial Services; and Corporate Investments and Other.
In terms of forward non-GAAP P/E, HPE is trading at 10.79x, 55.8% lower than the industry average of 24.41x. Similarly, the stock's forward Price/Sales multiple of 0.91 is 68.7% lower than the industry average of 2.90. Further, its forward EV/Sales of 1.22x is 58.4% lower than the industry average of 2.93x.
On June 18, HPE and CrowdStrike (<a href="https://stocknews.com/stock/CRWD/">CRWD</a>) entered into a strategic partnership to secure end-to-end AI innovation, including large language models (LLMs), accelerated by NVIDIA. The integration of the Falcon platform with HPE OpsRamp AIOps unifies security and IT teams in monitoring accelerated AI workload IT alerts and adversary activity
On the same day, HPE and Deloitte announced a collaboration bringing together Deloitte's deep industry knowledge, AI and technology capabilities with the newly revealed NVIDIA AI Computing by HPE solution portfolio. The solution portfolio features HPE Private Cloud AI, a turnkey full-stack private cloud co-developed by HPE and NVIDIA.
The solution will help Deloitte's clients accelerate time to value through the co-development of industry-focused Generative AI applications and use cases.
For the second quarter that ended April 30, 2024, HPE's net revenues increased 3.3% year-over-year to $7.20 billion and its non-GAAP gross profit was $2.38 billion. The company's non-GAAP net earnings came in at $561 million and $0.42 for the quarter, respectively.
Also, the company's free cash flow rose 111.8% from the year-ago value to $610 million.
Analysts expect HPE's revenue and EPS for the fourth quarter (ending October 2024) to increase 10.8% and 6.7% year-over-year to $8.14 billion and $0.55, respectively. Moreover, the company topped the consensus EPS estimates in each of the trailing four quarters.
Shares of HPE have gained 21.3% over the past six months and 23.7% over the past year to close the last trading session at $20.67.
HPE's sound fundamentals are reflected in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
The stock has a B grade for Value. Within the <a href="https://stocknews.com/category/technology-communication-networking/">Technology – Communication/Networking</a> industry, HPE is ranked #7 of 42 stocks.
<a href="https://stocknews.com/stock/HPE/">Click here</a> to access additional ratings of HPE for Momentum, Growth, Quality, Sentiment, and Stability.
Zoom Video Communications, Inc. (<a href="https://stocknews.com/stock/ZM/">ZM</a>)
ZM provides unified communications platform worldwide. The company offers Zoom Meetings offering HD video, voice, chat, and content sharing, Zoom Phone, an enterprise cloud phone system, and Zoom Chat enables users to share messages, images, audio files, and content.
In terms of forward non-GAAP P/E, ZM is trading at 11.59x, 52.5% lower than the industry average of 24.41x. Also, the stock's forward EV/EBIT multiple of 6.19 is 70.2% lower than the industry average of 20.78. Further, its forward Price/Cash Flow of 10.02x is 57.3% lower than the industry average of 23.44x.
On May 21, ZM announced availability of post-quantum end-to-end encryption globally for Zoom Workplace, particularly Zoom Meetings, with Zoom Phone and Zoom Rooms soon to be unveiled. The new launch of the security enhancement makes ZM the first UCaaS company to offer a post-quantum E2EE solution for video conferencing.
On March 25, ZM introduced Zoom Workplace, ZM's AI-powered collaboration platform, available in AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors that make it easy to find, test, buy, and deploy software that runs on AWS. With this, ZM can reach more customers and be better equipped to enable IT teams to consolidate their technology.
ZM's revenues for the first quarter ended April 30, 2024, increased 2.7% year-over-year to $1.14 billion. Its gross profit grew 3.2% from the year-ago value to $867.93 million. The company's non-GAAP income from operations of $456.60 million indicates growth of 8.1% year-over-year.
In addition, the company's non-GAAP net income came in at $426.32 million and $1.35, up 20.7% and 16.4% from the prior year's quarter, respectively.
According to the company's second quarter fiscal 2025 guidance, ZM's total revenue is expected to be between $1.14 billion and $1.15 billion and its non-GAAP income from operations is expected to be between $415 million and $420 million. Also, the company's non-GAAP EPS is expected to be $1.20 - $1.21.
For the full year, the company expects total revenue of $4.61 billion - $4.62 billion. The full fiscal year non-GAAP income from operations is expected to range from $1.74 billion to $1.75 billion and non-GAAP EPS is expected to be between $4.99 and $5.02.
Street expects ZM's revenue for the second quarter (ending July 2024) to grow 1% year-over-year to $1.15 billion and its EPS is expected to be $1.22 for the same quarter. Moreover, the company has topped the consensus revenue and EPS estimates in all of the trailing four quarters.
Over the past month, ZM's stock has plunged 5.5% to close the last trading session at $58.63.
ZM's POWR Ratings reflect its bright prospects. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
ZM has a B grade for Value and Quality. It is ranked #7 out of 79 stocks in the <a href="https://stocknews.com/category/technology-services/">Technology - Services</a> industry.
In addition to the POWR Ratings we've stated above, we also have ZM's other ratings for Momentum, Stability, Sentiment, and Growth. Get all ZM ratings <a href="https://stocknews.com/stock/ZM/">here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
HPQ shares were trading at $34.85 per share on Thursday afternoon, up $0.05 (+0.14%). Year-to-date, HPQ has gained 17.76%, versus a 16.76% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/hpq-hpe-zm-crwd-3-tech-stocks-with-p-e-ratios-under-15-to-buy/>3 Tech Stocks With P/E Ratios Under 15 to Buy Now</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Tech Stocks With P/E Ratios Under 15 to Buy Now

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
In the wake of the pandemic, we&rsquo;re witnessing the emergence of value traps throughout the tech landscape on Wall Street, but there are still many undervalued <a href="https://investorplace.com/industries/technology/">tech stocks</a> you can buy. The challenges faced by U.S. markets amid the tech stock sell-offs of 2022 and the uneven influence of the generative AI boom have left some <a href="https://investorplace.com/industries/technology/" target="_blank">tech stocks</a> to trade well below their all-time high values recorded earlier in the decade.



For investors, this means that many tech stocks are priced at significantly more attractive values than only a couple of years ago. However, are they likely to recover their losses? Or continue their decline? This underlines the dichotomy of the value trap.



Value traps refer to the illusion that an investment opportunity is attractively priced because it&rsquo;s been trading at a far lower value than in the past. This makes stocks appear discounted but doesn&rsquo;t account for the possibility that they may never return to their former glory.



Despite no guarantees that a value trap can make a market recovery, many tech stocks on Wall Street seek to innovate their way out of their recent hardships and offer plenty of potential for a market recovery. Here are three of the biggest examples of undervalued tech stocks:



<h2>Undervalued Tech Stocks: Zoom Video Communications Inc (ZM)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/08/zoom_zm_1600-300x169.jpg" alt="A woman sitting at a desk waves at a large number of people on the videoconferencing software Zoom (ZM)."><div>Source: Girts Ragelis / Shutterstock.com</div></div>During the pandemic, Zoom Inc (NASDAQ:<a href="https://investorplace.com/stock-quotes/zm-stock-quote/" target="_blank">ZM</a>) became synonymous with remote collaboration during global lockdowns and offered users the chance to socialize with friends and family at a time when face-to-face contact was impossible.



However, the video communication platform fell behind its competitors in the post-pandemic era, and its stock value tumbled as a result. By the end of Q2 2024, Zoom sat 89.41% adrift of its 2020 peak.



This could make the stock a classic value trap. However, Zoom appears to be an ambitious company backed by strong fundamentals.



The stock&rsquo;s Q1 2024 <a href="https://www.constellationr.com/blog-news/insights/zoom-q1-earnings-strong-sees-growth-employee-experience" target="_blank">earnings of $216.3 million</a> on revenue of $1.14 billion are up 3.2% year-over-year, and non-GAAP earnings of $1.35 per share have weighed in far higher than Wall Street expectations of $1.19 per share on revenue of $1.14 billion.



Crucially, Zoom is intent on rolling out generative AI tools within its services. With the rollout of AI Companion, the video conferencing platform <a href="https://www.verdict.co.uk/zoom-ai-companion-genai-enhanced-productivity/?cf-view" target="_blank">can automatically set up meetings</a>, attendees, start times, and other key metadata while monitoring in-call intent.



As the age of work-from-home (WFH) continues to gather momentum, Zoom seems set to embrace generative AI to offer users next-generation services. This bid to out-innovate rivals, backed by positive fundamentals, could see the platform return as a key competitor in the remote collaboration space. Thus, I think it is one of the most undervalued tech stocks you can buy right now.



<h2>PayPal Holdings Inc (PYPL)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/01/pypl1600-300x169.png" alt="Closeup of the PayPal app icon seen on a Google Pixel smartphone. PayPal Holdings, Inc. (PYPL) is a global financial technology company operating an online payment system."><div>Source: Tada Images / Shutterstock.com</div></div>Another example of a stock that&rsquo;s suffered a significant decline following a pandemic boom is PayPal Inc. (NASDAQ:<a href="https://investorplace.com/stock-quotes/pypl-stock-quote/" target="_blank">PYPL</a>), which ended Q2 2024 some 80.19% below its 2021 peak value.



Despite its post-pandemic downturn, PayPal remains a digital payment leader, with 426 million active accounts and operations throughout 200 global markets.



The firm&rsquo;s Q1 2024 earnings show significant growth potential, with total payment volume (TPV) rising 14% to <a href="https://finance.yahoo.com/news/paypal-holdings-inc-pypl-q1-125159116.html" target="_blank">$403.86 billion from the year prior</a>.



One of PayPal&rsquo;s biggest reasons for optimism is the unveiling of a <a href="https://www.pymnts.com/data/2024/paypal-reportedly-building-ad-business-based-on-user-data/" target="_blank">brand-new advertising sales network</a>. This network could leverage user spending data and insights to shape targeted recommendations. This could revolutionize how merchants advertise their goods to customers.



This added utility for PayPal&rsquo;s user data could provide a springboard for its stock, which has struggled to build momentum in 2024 so far despite positive earnings reports. For investors, the incorporation of its new advertising network could offer an opportunity for sustainable growth for the embattled stock. I think it is one of the most undervalued tech stocks.



<h2>Cisco Systems Inc (CSCO)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/09/cisco-csco-1600-300x169.jpg" alt="the cisco (CSCO) logo on a wall"><div>Source: Valeriya Zankovych / Shutterstock.com</div></div>Despite its impressive longevity on Wall Street, Cisco Systems (NASDAQ:<a href="https://investorplace.com/stock-quotes/csco-stock-quote/" target="_blank">CSCO</a>) has spent much of the 2020s struggling to generate meaningful momentum. Since the beginning of 2022, the stock has tumbled more than 20% and has struggled to inspire investors.



This may soon change, however, with the communications conglomerate announcing a transformative $1 billion global investment fund intent on expanding and developing secure, reliable, and trustworthy AI solutions.



The announcement of the fund represents Cisco&rsquo;s first significant foray into artificial intelligence. Innovative <a href="https://newsroom.cisco.com/c/r/newsroom/en/us/a/y2024/m06/cisco-launches-1b-global-ai-investment-fund.html" target="_blank">startups</a> such as Cohere, Mistral AI, and Scale AI have already joined the firm&rsquo;s investment portfolio to strengthen Cisco&rsquo;s position in the industry.



In addition, Cisco <a href="https://www.cnbc.com/2024/06/25/cisco-is-very-optimistic-about-its-growing-business-with-china-evs-.html" target="_blank">has announced</a> that it&rsquo;s &lsquo;very optimistic&rsquo; about its involvement in growing business with Chinese electric vehicle (EV) firms and supporting their overseas expansion.



This indicates that Cisco intends to penetrate global markets deeper and support emerging technologies at scale. With such a commitment to embracing innovation, it&rsquo;s certainly worth tracking the discounted price of CSCO, with the prospect of a market recovery becoming more tangible.



On the date of publication, Dmytro Spilka did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.



On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
<div>Dmytro is a finance and investing writer based in London. He is also the founder of Solvid, Pridicto and Coinprompter. His work has been published in Nasdaq, Kiplinger, FXStreet, Entrepreneur, VentureBeat and InvestmentWeek.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/07/3-tech-value-traps-that-are-actually-screaming-buys/">3 Tech Value Traps That Are Actually Screaming Buys</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

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