Zoom Stock Rally Faces Resistance As Q1 Earnings Loom - Breakout Or Fade Ahead?

Quick Summary:

Zoom Communications Inc.(NASDAQ:ZM) is set to report its first-quarter earnings after the market closes Wednesday, with Wall Street expecting earnings per share of $1.31 and revenue of $1.17 billion.

Read Also: Zoom Likely To Report Lower Q1 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of ...

As investors await results, the technical setup for the stock suggests the recent rally may still have room to run – though caution is warranted.

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Author / Journalist: Surbhi Jain

Category: Technology

Markets: United States

Topics: Earnings outlook Pro Project Top Stories Technicals Tech ZM Earnings preview Benzinga Trading Ideas Stories That Matter Previews

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-21 @ 18:36:59 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 358 words

Reading Time: 2 minutes read

Sentences: 18 lines

Sentence Length: 20 words per sentence (average)

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Copyright Owner: © Benzinga

News ID: 28892939

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