ZM targets raised on the Street to 250-350 following obscene blow-out results, doubling EPS guidance, with 300M people per day using Zoom service in April. But pandemic lockdown may be fizzling, so 30x forward sales could become 60x if sales growth curve starts to flatten out as offices reopen.
Either way, we certainly got our breakout.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.