|Bid||92.59 x 4000|
|Ask||92.74 x 1000|
|Day's range||90.30 - 94.85|
|52-week range||79.03 - 406.48|
|Beta (5Y monthly)||-0.67|
|PE ratio (TTM)||20.12|
|Earnings date||23 May 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||190.61|
Zoom (NASDAQ: ZM) was one of investors' favorite stocks in earlier phases of the pandemic. Its video communication platform became a household name as millions of in-person events and meetings moved to the digital space. Zoom expanded sales at a fantastic rate for fiscal year 2022 (12-month period ending Jan. 31), with revenue rising 55% to $4.1 billion.
Zoom Video Communications' (ZM) fiscal first-quarter results are likely to reflect gains from steady user growth and strength in its partner base.
Technology stocks have been hammered recently by fierce inflation, rising interest rates, and global economic impacts from the war between Russia and Ukraine. With no signs of turning the corner anytime soon, the Nasdaq Composite -- which has already sunk 26% year to date -- could face additional pressure in the near future. Let's check out two beaten-down Nasdaq stocks that should bounce back in the long run.