Bloomberg Analysts Predict Zoom Video Shares Up 65% in One Year

Analysts predict that Zoom Video shares will rise 65% to $143.3 in the coming year. It is reported by Bloomberg.

The figure is far from the close of 2020, when the videoconferencing service was worth $568.34. At the same time, they represent a potential benefit for those who buy them at the current "depressive" levels, the newspaper notes. As of 17:45 Moscow time, Zoom shares were worth $87.59, according to NASDAQ data.

At the same time, demand for Zoom is certainly slowing down as schools and offices reopen after the pandemic and competition intensifies, particularly with platforms from Microsoft, Salesforce and Webex Cisco.

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