“All of software has been battered over the last 10 months.”

“I don’t think it’s accurate to say Zoom is uniquely struggling right now,” said Morningstar analyst Dan Romanoff in an email. The Nasdaq has plummeted due to worries about rising interest rates and recession fears as well. Others point out that Zoom is hardly the only tech/software company that is dealing with a post-Covid hangover. Wall Street is battling to determine the future of work from home headquarters in New York, U.S., on Thursday, July 22, 2021. Office workers walk near the Goldman Sachs Group Inc. That could be a possibility,” Bonner said. However, Bonner said there’s a chance that Zoom could be bought by an investment firm so that it would no longer be subject to the quarterly earnings report whims of Wall Street. Still at a $24 billion market cap, it’s not that cheap and an acquisition premium would push that toward $30 billion or more.”īonner thinks that price tag would likely scare off any big tech buyers, as would the possibility of any potential deal getting a tough review from regulators in Washington. “The thesis in favor of acquisition would be to pick up the asset on the cheap since it’s lost so much value in the past year. “A Zoom acquisition is unlikely due to a number of factors,” Bonner said in an email. Joseph Bonner of Argus noted that although Zoom shares are well off their pandemic peaks, the company still would be tough to swallow - even for a megacap tech with tons of cash. The major obstacle to any deal could be Zoom’s price. (CRM) agreed to buy in 2020 for nearly $28 billion, to create an uber-workplace productivity app that could compete even more effectively with Microsoft’s Teams. (CRM)? There’s an argument to be made to combine Zoom with Slack, which Salesforce (FB)? The Facebook/Instagram/Messenger/WhatsApp owner could potentially get a further boost to its video aspirations by adding Zoom. (AAPL) did a deal in 2020 for a startup called Spaces that helps augment video conferencing technology with virtual reality avatars.īut what about other tech firms that still might want a bigger presence in video? Could Zoom be a fit for Meta Platforms

The company already has the ubiquitous FaceTime video chat platform for its iPhones, iPads and Macs. (AAPL) likely wouldn’t make sense as a Zoom buyer either. Virtual meetings can crush creativity, new study finds

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