Zoom Shares Fall as It Pulls Back Claim of 300 Million Daily Active Users [TheStreet.com]
Zoom Video Communications, Inc. - Class A (ZM)
Last zoom video communications, inc. - class a earnings: 3/4 04:20 pm
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Source: TheStreet.com
Shares of Zoom Video Communications(ZMGet ReportThe Verge discovered that Zoom quietly edited a blog post from earlier this month that made the claim. Zoom shares recently traded at $137.18, down 6.35%, but have soared 87% over the last three months.The original post said Zoom had “more than 300 million daily users” and that “more than 300 million people around the world are using Zoom during this challenging time,” referring to the coronavirus pandemic, The Verge reported.Zoom got rid of that text and now says it has “300 million daily Zoom meeting participants.” The distinction between a daily active user (DAU) and “meeting participant” is quite important, The Verge points out.Daily meeting participants can be counted multiple times. But companies count DAUs once per day, and that is the metric commonly used to measure service usage. So the meeting participant metric, used by itself, could exaggerate usage of the platform.Zoom edited the misleading section of the blog April 24, afte
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News
- Zoom Communications (NASDAQ:ZM) was upgraded by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from a "hold (c+)" rating to a "buy (b-)" rating.MarketBeat
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- Zoom Communications (NASDAQ:ZM) had its "hold (c+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Zoom Communications (NASDAQ:ZM) had its price target raised by analysts at JPMorgan Chase & Co. from $85.00 to $90.00. They now have a "neutral" rating on the stock.MarketBeat
- Zoom Communications (NASDAQ:ZM) had its "outperform" rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $100.00 price target on the stock.MarketBeat
ZM
Earnings
- 11/24/25 - Beat
ZM
Sec Filings
- 12/5/25 - Form 4/A
- 12/4/25 - Form 4
- 11/25/25 - Form 10-Q
- ZM's page on the SEC website