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leexy
leexy
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2021-12-10
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leexy
leexy
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2021-12-09
The
Toplines Before US Market Open on Thursday
U.S. stock-index futures hold solid losses after initial jobless claims come in at 184,000. At 8:34
Toplines Before US Market Open on Thursday
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leexy
leexy
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2021-12-08
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leexy
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2021-12-06
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leexy
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2021-12-04
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leexy
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2021-12-03
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2021-12-01
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leexy
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2021-11-30
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leexy
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2021-11-30
Luke
Zoom Stock: Growth A Concern, But Experts See 42% Upside
Despite reporting Q3 top- and bottom-line beats, Zoom guided low for 2022 and shares dropped 17% aft
Zoom Stock: Growth A Concern, But Experts See 42% Upside
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2021-11-28
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stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1639056901,"share":"https://www.laohu8.com/m/news/1163175495?lang=&edition=full","pubTime":"2021-12-09 21:35","market":"us","language":"en","title":"Toplines Before US Market Open on Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=1163175495","media":"Tiger Newspress","summary":"U.S. stock-index futures hold solid losses after initial jobless claims come in at 184,000.\nAt 8:34 ","content":"<p>U.S. stock-index futures hold solid losses after initial jobless claims come in at 184,000.</p>\n<p>At 8:34 a.m. ET, Dow e-minis were down 168 points, or 0.47%, S&P 500 e-minis were down 21 points, or 0.45%, and Nasdaq 100 e-minis were down 80.5 points, or 0.49%.</p>\n<p><img src=\"https://static.tigerbbs.com/e48b5d3abdc91abde117585acac09b40\" tg-width=\"401\" tg-height=\"184\" referrerpolicy=\"no-referrer\"></p>\n<p>Weekly jobless claims reached tumbled last week, reaching a fresh 52-year low as the U.S. jobs market climbs out of its pandemic-era hole, the Labor Department reported Thursday.</p>\n<p>Initial filings for unemployment insurance totaled 184,000 for the week ended Dec. 4, the lowest going back to Sept. 6, 1969, which saw 182,000.</p>\n<p>Initial claims for unemployment insurance were expected to total 211,000 for the week ended Dec. 4, according to a Dow Jones economist survey.</p>\n<p>Meanwhile, a deal to avert U.S. debt default and raise the federal government's $28.9 trillion debt limit will be tested on Thursday in the Senate when the full chamber votes on whether to approve the measure.</p>\n<p><b>Stocks making the biggest moves premarket: </b></p>\n<p><b>GameStop(GME)</b> – GameStop shares slid 5.6% in premarket trading after the videogame retailer posted a wider loss compared with a year earlier and also disclosed an August subpoena from the SEC involving the trading of its shares.</p>\n<p><b>Lucid Group(LCID)</b> – Lucid shares tumbled 6.5% in the premarket after the electric vehicle maker announced a $1.75 billion offering of convertible senior notes.</p>\n<p><b>FuboTV(FUBO) </b>– The video streaming company was rated “overweight” in new coverage at J.P. Morgan Securities, based on Fubo’s sports-centered offerings as a differentiating factor. The stock jumped 2.8% in premarket action.</p>\n<p><b>CVS Health(CVS)</b> – The drug store operator issued new guidance ahead of its investor day, saying it expects a 2022 adjusted profit of $8.10 to $8.30 per share compared with an $8.24 consensus estimate and better-than-expected revenue. CVS also raised its 2021 outlook, and the shares rallied 2.6% in the premarket.</p>\n<p><b>Hormel(HRL)</b> – The food producer beat estimates by a penny with quarterly earnings of 51 cents per share, and revenue that also topped Wall Street forecasts. Hormel saw double-digit growth across all of its business segments, and shares rose 1% in premarket trading.</p>\n<p><b>RH(RH)</b> – The company formerly known as Restoration Hardware reported adjusted quarterly earnings of $7.03 per share, 40 cents above estimates, while the luxury home furnishings retailer’s revenue beat forecasts. RH also lifted the low end of its revenue outlook. RH surged 11% in premarket action.</p>\n<p><b>Rent The Runway(RENT)</b> – Rent The Runway tumbled 8.2% in the premarket after the fashion rental company posted a loss that was wider than a year ago and reported subscriber numbers that have not yet returned to pre-pandemic levels. Sales did surge 66% over the same quarter a year ago.</p>\n<p><b>Apple(AAPL)</b> – Apple won an appeals court decision that delays changes to its App Store. An earlier ruling had ordered Apple to allow developers to offer payment alternatives outside of the App Store, stemming from its legal dispute with “Fortnite” developer Epic Games. Separately, Apple is closing in on a $3 trillion valuation, which will be achieved when the share price hits $182.86.</p>\n<p><b>Amazon(AMZN)</b> – Italy's antitrust said on Thursday it had fined e-commerce giant Amazon 1.13 billion euros ($1.28 billion) for alleged abuse of market dominance.</p>\n<p><b>AstraZeneca(AZN)</b> – The drug maker’s Covid-19 antibody treatment won FDA approval for patients who cannot achieve adequate protection from vaccination.</p>\n<p><b>LabCorp(LH)</b> – The medical lab operator announced a number of steps to enhance shareholder value, including the initiation of a dividend in the second quarter of 2022 and the authorization of a $2.5 billion share repurchase program.</p>\n<p><b>UiPath(PATH)</b> – UiPath stock dropped 1.5% in premarket trading even as the “software robots” provider’s quarterly results topped Wall Street expectations.</p>\n<p><b>Yum Brands(YUM)</b> – The parent of KFC, Pizza Hut and Taco Bell was upgraded to “overweight” from “neutral” at Atlantic Equities, which sees the possibility of rising returns from the restaurant chain and calls Yum its favored name in the quick-service restaurant category. Yum rose 1% in the premarket.</p>\n<p><b>Pear Therapeutics(PEAR)</b> – Pear Therapeutics shares soared 30% in premarket trading.Prescription digital therapeutics company Pear Therapeutics began trading on Nasdaq Monday after wrapping up its merger with special-purpose acquisition company Thimble Point Acquisition Corp. last week.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Thursday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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Morgan Securities, based on Fubo’s sports-centered offerings as a differentiating factor. The stock jumped 2.8% in premarket action.</p>\n<p><b>CVS Health(CVS)</b> – The drug store operator issued new guidance ahead of its investor day, saying it expects a 2022 adjusted profit of $8.10 to $8.30 per share compared with an $8.24 consensus estimate and better-than-expected revenue. CVS also raised its 2021 outlook, and the shares rallied 2.6% in the premarket.</p>\n<p><b>Hormel(HRL)</b> – The food producer beat estimates by a penny with quarterly earnings of 51 cents per share, and revenue that also topped Wall Street forecasts. Hormel saw double-digit growth across all of its business segments, and shares rose 1% in premarket trading.</p>\n<p><b>RH(RH)</b> – The company formerly known as Restoration Hardware reported adjusted quarterly earnings of $7.03 per share, 40 cents above estimates, while the luxury home furnishings retailer’s revenue beat forecasts. RH also lifted the low end of its revenue outlook. RH surged 11% in premarket action.</p>\n<p><b>Rent The Runway(RENT)</b> – Rent The Runway tumbled 8.2% in the premarket after the fashion rental company posted a loss that was wider than a year ago and reported subscriber numbers that have not yet returned to pre-pandemic levels. Sales did surge 66% over the same quarter a year ago.</p>\n<p><b>Apple(AAPL)</b> – Apple won an appeals court decision that delays changes to its App Store. An earlier ruling had ordered Apple to allow developers to offer payment alternatives outside of the App Store, stemming from its legal dispute with “Fortnite” developer Epic Games. Separately, Apple is closing in on a $3 trillion valuation, which will be achieved when the share price hits $182.86.</p>\n<p><b>Amazon(AMZN)</b> – Italy's antitrust said on Thursday it had fined e-commerce giant Amazon 1.13 billion euros ($1.28 billion) for alleged abuse of market dominance.</p>\n<p><b>AstraZeneca(AZN)</b> – The drug maker’s Covid-19 antibody treatment won FDA approval for patients who cannot achieve adequate protection from vaccination.</p>\n<p><b>LabCorp(LH)</b> – The medical lab operator announced a number of steps to enhance shareholder value, including the initiation of a dividend in the second quarter of 2022 and the authorization of a $2.5 billion share repurchase program.</p>\n<p><b>UiPath(PATH)</b> – UiPath stock dropped 1.5% in premarket trading even as the “software robots” provider’s quarterly results topped Wall Street expectations.</p>\n<p><b>Yum Brands(YUM)</b> – The parent of KFC, Pizza Hut and Taco Bell was upgraded to “overweight” from “neutral” at Atlantic Equities, which sees the possibility of rising returns from the restaurant chain and calls Yum its favored name in the quick-service restaurant category. Yum rose 1% in the premarket.</p>\n<p><b>Pear Therapeutics(PEAR)</b> – Pear Therapeutics shares soared 30% in premarket trading.Prescription digital therapeutics company Pear Therapeutics began trading on Nasdaq Monday after wrapping up its merger with special-purpose acquisition company Thimble Point Acquisition Corp. last week.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163175495","content_text":"U.S. stock-index futures hold solid losses after initial jobless claims come in at 184,000.\nAt 8:34 a.m. ET, Dow e-minis were down 168 points, or 0.47%, S&P 500 e-minis were down 21 points, or 0.45%, and Nasdaq 100 e-minis were down 80.5 points, or 0.49%.\n\nWeekly jobless claims reached tumbled last week, reaching a fresh 52-year low as the U.S. jobs market climbs out of its pandemic-era hole, the Labor Department reported Thursday.\nInitial filings for unemployment insurance totaled 184,000 for the week ended Dec. 4, the lowest going back to Sept. 6, 1969, which saw 182,000.\nInitial claims for unemployment insurance were expected to total 211,000 for the week ended Dec. 4, according to a Dow Jones economist survey.\nMeanwhile, a deal to avert U.S. debt default and raise the federal government's $28.9 trillion debt limit will be tested on Thursday in the Senate when the full chamber votes on whether to approve the measure.\nStocks making the biggest moves premarket: \nGameStop(GME) – GameStop shares slid 5.6% in premarket trading after the videogame retailer posted a wider loss compared with a year earlier and also disclosed an August subpoena from the SEC involving the trading of its shares.\nLucid Group(LCID) – Lucid shares tumbled 6.5% in the premarket after the electric vehicle maker announced a $1.75 billion offering of convertible senior notes.\nFuboTV(FUBO) – The video streaming company was rated “overweight” in new coverage at J.P. Morgan Securities, based on Fubo’s sports-centered offerings as a differentiating factor. The stock jumped 2.8% in premarket action.\nCVS Health(CVS) – The drug store operator issued new guidance ahead of its investor day, saying it expects a 2022 adjusted profit of $8.10 to $8.30 per share compared with an $8.24 consensus estimate and better-than-expected revenue. CVS also raised its 2021 outlook, and the shares rallied 2.6% in the premarket.\nHormel(HRL) – The food producer beat estimates by a penny with quarterly earnings of 51 cents per share, and revenue that also topped Wall Street forecasts. Hormel saw double-digit growth across all of its business segments, and shares rose 1% in premarket trading.\nRH(RH) – The company formerly known as Restoration Hardware reported adjusted quarterly earnings of $7.03 per share, 40 cents above estimates, while the luxury home furnishings retailer’s revenue beat forecasts. RH also lifted the low end of its revenue outlook. RH surged 11% in premarket action.\nRent The Runway(RENT) – Rent The Runway tumbled 8.2% in the premarket after the fashion rental company posted a loss that was wider than a year ago and reported subscriber numbers that have not yet returned to pre-pandemic levels. Sales did surge 66% over the same quarter a year ago.\nApple(AAPL) – Apple won an appeals court decision that delays changes to its App Store. An earlier ruling had ordered Apple to allow developers to offer payment alternatives outside of the App Store, stemming from its legal dispute with “Fortnite” developer Epic Games. Separately, Apple is closing in on a $3 trillion valuation, which will be achieved when the share price hits $182.86.\nAmazon(AMZN) – Italy's antitrust said on Thursday it had fined e-commerce giant Amazon 1.13 billion euros ($1.28 billion) for alleged abuse of market dominance.\nAstraZeneca(AZN) – The drug maker’s Covid-19 antibody treatment won FDA approval for patients who cannot achieve adequate protection from vaccination.\nLabCorp(LH) – The medical lab operator announced a number of steps to enhance shareholder value, including the initiation of a dividend in the second quarter of 2022 and the authorization of a $2.5 billion share repurchase program.\nUiPath(PATH) – UiPath stock dropped 1.5% in premarket trading even as the “software robots” provider’s quarterly results topped Wall Street expectations.\nYum Brands(YUM) – The parent of KFC, Pizza Hut and Taco Bell was upgraded to “overweight” from “neutral” at Atlantic Equities, which sees the possibility of rising returns from the restaurant chain and calls Yum its favored name in the quick-service restaurant category. Yum rose 1% in the premarket.\nPear Therapeutics(PEAR) – Pear Therapeutics shares soared 30% in premarket trading.Prescription digital therapeutics company Pear Therapeutics began trading on Nasdaq Monday after wrapping up its merger with special-purpose acquisition company Thimble Point Acquisition Corp. last week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1022,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602057981,"gmtCreate":1638946762364,"gmtModify":1638946762616,"author":{"id":"3563930588845537","authorId":"3563930588845537","name":"leexy","avatar":"https://static.tigerbbs.com/99683f45d54760b438ec2c1856261ad3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563930588845537","authorIdStr":"3563930588845537"},"themes":[],"htmlText":"Sure","listText":"Sure","text":"Sure","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/602057981","repostId":"2189654181","repostType":4,"isVote":1,"tweetType":1,"viewCount":908,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608652362,"gmtCreate":1638720348289,"gmtModify":1638720348457,"author":{"id":"3563930588845537","authorId":"3563930588845537","name":"leexy","avatar":"https://static.tigerbbs.com/99683f45d54760b438ec2c1856261ad3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563930588845537","authorIdStr":"3563930588845537"},"themes":[],"htmlText":"Luke","listText":"Luke","text":"Luke","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/608652362","repostId":"2188057871","repostType":4,"isVote":1,"tweetType":1,"viewCount":823,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608015002,"gmtCreate":1638581073507,"gmtModify":1638581091361,"author":{"id":"3563930588845537","authorId":"3563930588845537","name":"leexy","avatar":"https://static.tigerbbs.com/99683f45d54760b438ec2c1856261ad3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563930588845537","authorIdStr":"3563930588845537"},"themes":[],"htmlText":"His","listText":"His","text":"His","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/608015002","repostId":"2188291935","repostType":4,"isVote":1,"tweetType":1,"viewCount":930,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601970640,"gmtCreate":1638488180882,"gmtModify":1638488181041,"author":{"id":"3563930588845537","authorId":"3563930588845537","name":"leexy","avatar":"https://static.tigerbbs.com/99683f45d54760b438ec2c1856261ad3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563930588845537","authorIdStr":"3563930588845537"},"themes":[],"htmlText":"Looks","listText":"Looks","text":"Looks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/601970640","repostId":"2188951783","repostType":4,"isVote":1,"tweetType":1,"viewCount":903,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603000449,"gmtCreate":1638333559351,"gmtModify":1638333559495,"author":{"id":"3563930588845537","authorId":"3563930588845537","name":"leexy","avatar":"https://static.tigerbbs.com/99683f45d54760b438ec2c1856261ad3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563930588845537","authorIdStr":"3563930588845537"},"themes":[],"htmlText":"Luke","listText":"Luke","text":"Luke","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/603000449","repostId":"2188755315","repostType":4,"isVote":1,"tweetType":1,"viewCount":911,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":609619800,"gmtCreate":1638277557967,"gmtModify":1638277558095,"author":{"id":"3563930588845537","authorId":"3563930588845537","name":"leexy","avatar":"https://static.tigerbbs.com/99683f45d54760b438ec2c1856261ad3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563930588845537","authorIdStr":"3563930588845537"},"themes":[],"htmlText":"Says","listText":"Says","text":"Says","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/609619800","repostId":"2187582575","repostType":4,"isVote":1,"tweetType":1,"viewCount":810,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":600775738,"gmtCreate":1638201992835,"gmtModify":1638202006516,"author":{"id":"3563930588845537","authorId":"3563930588845537","name":"leexy","avatar":"https://static.tigerbbs.com/99683f45d54760b438ec2c1856261ad3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563930588845537","authorIdStr":"3563930588845537"},"themes":[],"htmlText":"Luke","listText":"Luke","text":"Luke","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/600775738","repostId":"1140086726","repostType":4,"repost":{"id":"1140086726","kind":"news","pubTimestamp":1638199972,"share":"https://www.laohu8.com/m/news/1140086726?lang=&edition=full","pubTime":"2021-11-29 23:32","market":"us","language":"en","title":"Zoom Stock: Growth A Concern, But Experts See 42% Upside","url":"https://stock-news.laohu8.com/highlight/detail?id=1140086726","media":"TheStreet","summary":"Despite reporting Q3 top- and bottom-line beats, Zoom guided low for 2022 and shares dropped 17% aft","content":"<p>Despite reporting Q3 top- and bottom-line beats, Zoom guided low for 2022 and shares dropped 17% after earnings. Yet, experts see upside ahead for $ZM stock.</p>\n<p>Zoom Video reported Q3 results on November 22, after the closing bell. Despite an EPS and revenue beat, poor guidance disappointed, and the stock sank more than 17% since earnings day.</p>\n<p>After Zoom’s earnings bummer, several Wall Street experts updated their price targets lower. Still, following the recent selloff, consensus now suggests that ZM has upside potential of over 40% ahead, despite growth concerns in a post-pandemic environment.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/62bf3114b685604e5e71c6b7c3e4edcd\" tg-width=\"1240\" tg-height=\"827\" width=\"100%\" height=\"auto\"><span>Figure 1: Zoom headquarters on Almaden Boulevard in San Jose, California. Photographed on June 21, 2020.</span></p>\n<p><b>Q3 earnings beat, but growth is a concern</b></p>\n<p>Zoom Video reported EPS and revenue beats of 2 cents and $31 million, respectively. The results were far from disastrous, but they mattered little for investor sentiment. Poor guidance is what disappointed most, since Zoom forecasted lower growth than witnessed in the past two years.</p>\n<p>The company expects Q4 revenues to climb only 19% YOY, which should be about in line with the $1.05 billion in revenues reported in Q3. It was not a surprise that Zoom would struggle to maintain the growth trajectory, as the stay-at-home trends of the pandemic year are no longer in place.</p>\n<p>During Zoom’s earnings call, CFO Kelly Steckelberg spoke of the company’s challenges ahead:</p>\n<blockquote>\n <i>\"We're still having these online customers which are the most volatile [and] many of them are still on monthly contracts. And as they are adjusting to the environment and figuring out how the future of work is going to be for them individually, we expect that to be the challenging headwind.\"</i>\n</blockquote>\n<p><b>Wall Street’s thoughts after Q3 earnings</b></p>\n<p>Despite the company having announced challenges ahead, Wall Street analysts still believe that ZM could be undervalued and that it has substantial gain potential over the next year.</p>\n<p>Based on 11 Wall Street analysts that offered twelve-month price targets on Zoom stock after Q3 earnings, 6 of them have a buy recommendation and 5 are neutral. Still, even though consensus rating is not a buy, 42% upside potential from current levels is projected, on average.</p>\n<p>Morgan Stanley’s Meta Marshall says that Zoom Video outperformed low expectations in Q3 as execution has been consistent with the strategy. The analyst reinforced the buy recommendation and forecasts a $365 price, representing 76% upside potential. The bullish target takes into account massive growth of 94% in revenues from customers contributing more than $100,000; and above-average expansion of the larger enterprise vertical (i.e. 10 employees or more).</p>\n<p>Piper Sandler’s James Fish lowered the firm's price target on ZM stock to $299 from $369, despite maintaining his buy recommendation and still seeing 44% upside potential ahead. He believes that Zoom’s Q3 results were \"net-encouraging\", and that the churn rate showcased stability. The price target cut was justified by “multiple compression and a trough likely to occur next year”.</p>\n<p>Skeptical, with a neutral rating on ZM and a $235 price target, Evercore ISI’s Peter Levine forecasts margins coming down in January 2023, as the company ramps up investments in both research and development, and sales and marketing. Despite seeing a more reasonable valuation for Zoom, he also sees several challenges ahead for the stock.</p>\n<p>Also skeptical, Deutsche Bank analyst Matthew Nikam lowered the firm's price target on Zoom Video to $280 from $350, maintaining a neutral rating on the shares following Q3 results. The analyst said that it is \"tougher to like a stock with more sharply decelerating growth and incremental pressure on profitability”. However, he sees positive strategic initiatives in key growth areas.</p>\n<p>Lastly, Mizuho analyst Siti Panigrahi also lowered the firm's price target on Zoom to $300 from $350, while he still maintained a buy recommendation on the stock and a 45% gain forecast. Zoom’s Q3 earnings above consensus “cleared a lowered bar”, aided by better-than-expected online churn ratio and revenue growth. The analyst also said that despite Zoom’s post pandemic growth being under pressure, Zoom Phone, Zoom Rooms and Video Engagement Center will remain crucial for hybrid workers going forward.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Zoom Stock: Growth A Concern, But Experts See 42% Upside</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nZoom Stock: Growth A Concern, But Experts See 42% Upside\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-29 23:32 GMT+8 <a href=https://www.thestreet.com/memestocks/reddit-trends/zoom-stock-growth-a-concern-but-experts-see-42-upside><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Despite reporting Q3 top- and bottom-line beats, Zoom guided low for 2022 and shares dropped 17% after earnings. Yet, experts see upside ahead for $ZM stock.\nZoom Video reported Q3 results on November...</p>\n\n<a href=\"https://www.thestreet.com/memestocks/reddit-trends/zoom-stock-growth-a-concern-but-experts-see-42-upside\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.thestreet.com/memestocks/reddit-trends/zoom-stock-growth-a-concern-but-experts-see-42-upside","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140086726","content_text":"Despite reporting Q3 top- and bottom-line beats, Zoom guided low for 2022 and shares dropped 17% after earnings. Yet, experts see upside ahead for $ZM stock.\nZoom Video reported Q3 results on November 22, after the closing bell. Despite an EPS and revenue beat, poor guidance disappointed, and the stock sank more than 17% since earnings day.\nAfter Zoom’s earnings bummer, several Wall Street experts updated their price targets lower. Still, following the recent selloff, consensus now suggests that ZM has upside potential of over 40% ahead, despite growth concerns in a post-pandemic environment.\nFigure 1: Zoom headquarters on Almaden Boulevard in San Jose, California. Photographed on June 21, 2020.\nQ3 earnings beat, but growth is a concern\nZoom Video reported EPS and revenue beats of 2 cents and $31 million, respectively. The results were far from disastrous, but they mattered little for investor sentiment. Poor guidance is what disappointed most, since Zoom forecasted lower growth than witnessed in the past two years.\nThe company expects Q4 revenues to climb only 19% YOY, which should be about in line with the $1.05 billion in revenues reported in Q3. It was not a surprise that Zoom would struggle to maintain the growth trajectory, as the stay-at-home trends of the pandemic year are no longer in place.\nDuring Zoom’s earnings call, CFO Kelly Steckelberg spoke of the company’s challenges ahead:\n\n\"We're still having these online customers which are the most volatile [and] many of them are still on monthly contracts. And as they are adjusting to the environment and figuring out how the future of work is going to be for them individually, we expect that to be the challenging headwind.\"\n\nWall Street’s thoughts after Q3 earnings\nDespite the company having announced challenges ahead, Wall Street analysts still believe that ZM could be undervalued and that it has substantial gain potential over the next year.\nBased on 11 Wall Street analysts that offered twelve-month price targets on Zoom stock after Q3 earnings, 6 of them have a buy recommendation and 5 are neutral. Still, even though consensus rating is not a buy, 42% upside potential from current levels is projected, on average.\nMorgan Stanley’s Meta Marshall says that Zoom Video outperformed low expectations in Q3 as execution has been consistent with the strategy. The analyst reinforced the buy recommendation and forecasts a $365 price, representing 76% upside potential. The bullish target takes into account massive growth of 94% in revenues from customers contributing more than $100,000; and above-average expansion of the larger enterprise vertical (i.e. 10 employees or more).\nPiper Sandler’s James Fish lowered the firm's price target on ZM stock to $299 from $369, despite maintaining his buy recommendation and still seeing 44% upside potential ahead. He believes that Zoom’s Q3 results were \"net-encouraging\", and that the churn rate showcased stability. The price target cut was justified by “multiple compression and a trough likely to occur next year”.\nSkeptical, with a neutral rating on ZM and a $235 price target, Evercore ISI’s Peter Levine forecasts margins coming down in January 2023, as the company ramps up investments in both research and development, and sales and marketing. Despite seeing a more reasonable valuation for Zoom, he also sees several challenges ahead for the stock.\nAlso skeptical, Deutsche Bank analyst Matthew Nikam lowered the firm's price target on Zoom Video to $280 from $350, maintaining a neutral rating on the shares following Q3 results. The analyst said that it is \"tougher to like a stock with more sharply decelerating growth and incremental pressure on profitability”. However, he sees positive strategic initiatives in key growth areas.\nLastly, Mizuho analyst Siti Panigrahi also lowered the firm's price target on Zoom to $300 from $350, while he still maintained a buy recommendation on the stock and a 45% gain forecast. Zoom’s Q3 earnings above consensus “cleared a lowered bar”, aided by better-than-expected online churn ratio and revenue growth. The analyst also said that despite Zoom’s post pandemic growth being under pressure, Zoom Phone, Zoom Rooms and Video Engagement Center will remain crucial for hybrid workers going forward.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":600920031,"gmtCreate":1638056925227,"gmtModify":1638056925396,"author":{"id":"3563930588845537","authorId":"3563930588845537","name":"leexy","avatar":"https://static.tigerbbs.com/99683f45d54760b438ec2c1856261ad3","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563930588845537","authorIdStr":"3563930588845537"},"themes":[],"htmlText":"Like ","listText":"Like ","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/600920031","repostId":"1187736093","repostType":4,"isVote":1,"tweetType":1,"viewCount":995,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"defaultTab":"posts","isTTM":false}