ZM
Zoom
Market cap$26.8B
Updated - ago
Zoom shares pulled down by 2.62% to $89.074, mirroring broader tech sector softness and digestion of recent insider transactions including a scheduled stock sale by CEO Eric Yuan.1 The downward drift also follows management's long-term financial targets outlined at Zoomtopia 2026, as investors weigh slowing top-line growth ahead of upcoming fiscal Q3 earnings.2
Zoom Video Communications, Inc. is an American technology company headquartered in San Jose, California that specializes in cloud-based video conferencing and unified communications solutions. Founded in 2011 by Eric Yuan, Zoom developed a platform that enables individuals and organizations to connect through high-definition video meetings, webinars, and messaging services. The company went public on NASDAQ in April 2019 and became widely recognized during the COVID-19 pandemic as remote work and distance learning surged globally, making video conferencing essential for business continuity and education. Zoom's platform is known for its user-friendly interface, reliability, and scalability, serving millions of users across enterprises, educational institutions, and consumers worldwide. The company generates revenue through various subscription tiers ranging from free basic services to premium plans for businesses and large enterprises, as well as offering complementary services like webinar hosting and cloud recording. Zoom has established itself as a major player in the digital communications infrastructure space, competing with other unified communications providers while continuously expanding its product offerings and global market presence.