Zoom is currently trading at an overvalued rate, with its 12-month-trailing P/E ratio approximately 444x times its EPS. This ‘remote working revolution’ will require effective video conferencing software, such as Zoom to contribute to the revolution. Besides the spike of users from coronavirus, many companies are becoming more remote.

Many analysts predict that Zoom could grow its annual revenue to around the £1bn mark by 2022, a significant increase from the £662m in 2019. A combination of these factors and the likelihood of social distancing lasting throughout 2022 could boost Zoom’s revenue accordingly.

Most company’s employees are working from home and there is limited contact between businesses dealing with one another. A room in currently £39.00 per month per room, and works as an ideal solution for larger companies who regularly host conferences.įor example, a multinational enterprise (MNE) that wishes to sign up to zoom may choose their enterprise package, starting at £15.99 per month for a minimum of 100 hosts - resulting in a total minimum cost of £1,599 per month.ĭemand for collaboration tools, such as Zoom has hit a new high following the coronavirus pandemic. Here, Zoom makes a clear distinction between meeting packages and conferencing packages.

‘Zoom rooms’ is Zoom’s video conferencing package. However, as packages get more expensive, they also require a minimum number of ‘hosts’ per package. They also come with additional features such as cloud recording storage, dedicated support and customisation options. As packages get more expensive, they reduce limits on participant numbers and meeting lengths.

Following this, Zoom offers three additional packages ranging from £11.99 - £15.99* per month per host. A basic Zoom account is free and allows video meetings for a limited number of participants for a limited time.

What was zoom stock in march 2020