I know a lot of people are asking this and even more are probably anxiously wondering about this question.
I don’t have the answer although I have added my 2 cents worth on a number of threads recently in discussions with folks on this board.
There are basically 3 investor horizons to think about as far as Zoom’s future is concerned.
- There’s the usual fun and games concerning the next quarter (due to report on Monday after hours I believe).
- There’s the major question over what will happen to Zoom when it has to start lapping the covid era quarters next year. The most alarmist suggestions I have heard/read have been 0-20%. Usually guestimates arrive in a 25-35% ball park.
- Then there’s the long term horizon of how the future TAM will evolve for Zoom as it builds in many future capabilities to become more than a videoconferencing app but a potentially de facto communications platform and foundation for unlimited business processes. (Perhaps Zoom should consider out bidding SFDC for Slack!)
Anyhow - a couple of notes were just put out concerning horizons 1 and 2 which make for interesting thinking.
In particular a note from an absolute top ranked analyst (#7 of 14,854), with a 5 star record reckoning that i) Zoom will blow expectations away on Monday and ii) the covid lapping growth rate could still be ~60%!
Interesting food for thought!
Happy thanks giving to all our American board members!