Perspectives of Zoom Stocks for 2022

Zoom stocks continue to fall on the market. From what once was the main video chatting app, the service turned into a widely criticized disappointment. While the app is still widely used, investors continue to ignore the app.

Out of the major spotlight, Zoom is still raising the audience. The company is stable and continues to bring income to developers. In 2020 Zoom was one of the most desirable items on the market. Covid-19 changed the rules of business and studies, bringing our life online. Zoom was the quickest app that reacted to the changes offering free-of-charge basic features. Its stocks went up uncontrollably. During 2020 the price of Zoom stocks was $600 for a share.

The situation changed in the second half of 2021. The new rivals appeared on the market, forcing Zoom to step back. Investors are ignoring the service, hunting for more popular options. Since its peak of October 2020, the app lost 70 percent in stock. While many people are still using Zoom to chat with friends or to listen to the presentation, the service does not handle the competition. Yet, digital focus the world became so obsessed about Zoom's revenue 326 percent during the 2021 fiscal year. Now it is equal to $2.65 billion. The growth was stable and the stock price rose to make Zoom’s stocks one of the most expensive acquisitions.

Close to the end of 2021, the growth began to fade. Experts connected the situation with the eased lockdowns. However, the situation is still the same, with the Zoom stocks falling down. Although the demand for stocks is low, the growth for the 3rd quarter of the 2022 fiscal year is 35 percent compared to the last year. The total revenue for the year is $4 billion. Zoom has a strong financial package gathered during 2020.

Do you use Zoom in your work or studies? Have you paid for the subscription? Share your impressions in the comments below.