For fiscal year 2023, Zoom earned $4.4 billion in revenues. This barely budged to $4.5 billion for fiscal year 2024, and analysts see it only ticking up to $4.6 billion for fiscal year 2025. Needless to say, it’s not really appealing to see a technology company growing its revenues slower than the inflation rate.
Some bulls point to Zoom’s AI Companion as a key offering that can get its growth story rolling again. But investors shouldn’t give Zoom’s AI efforts the benefit of the doubt until there is concrete proof that the company is regaining market share and growing its addressable market.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
