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Zoom share price (NASDAQ:ZM) | How to buy Zoom shares from Australia

Everything you need to know about buying Zoom shares.

Last updated:

Zoom share price

Zoom dividend

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Quick stats

    • Full name: Zoom Video Communications
    • Ticker code: NASDAQ:ZM
    • Industry: Technology Services
    • Date listed: 2019
    • Market cap: US$36.084 billion
    • CEO: Eric Yuan
    • Key competitors: WebEx, Skype, LogMeIn


About Zoom Video Communications

Zoom Video Communications, Inc. (ZM) is a technology services and video conferencing company headquartered in San Jose, California and listed on the NASDAQ. Since the 2020 COVID-19 pandemic, there has been a surge of interest in Zoom as more people self-isolate and connect via video conferencing.

Zoom stock profile

Zoom is a US technology stock listed on the NASDAQ and one of the world's most popular video conferencing providers. This has made it an especially attractive stock during the COVID-19 coronavirus outbreak. With people around the world forced to work from home and sign up to video platforms, many believe Zoom could stay a popular choice among companies and workers into the future.

Pros

  • Share price rise. Zoom's share price has more than doubled in the 12 months since it was listed in April 2019 and some analysts expect it to go further.
  • Work from home culture. COVID-19 has intrinsically changed the way we interact and work together, and Zoom is one of the biggest leaders in the video conferencing space set to benefit.
  • Financials. The March 2020 profit report proved positive, with full-year revenue up more than 80% from the year before and cash flow up 196%.

Cons

    • Over-hyped. Some analysts believe the stock has been overbought during the height of COVID-19 and will deliver little more growth or even reverse once the pandemic ends.
    • Changing landscape. The digital video space is reasonably crowded with many new and existing players competing for the top spot.
    • Risk. Tech stocks are historically more volatile than other types of stocks as they tend to garner more hype but also more competition.

Should I buy Zoom stocks?

Technical analysis is used in finance to forecast the direction of prices by studying the past movements of markets. This is not a recommendation, it represents an analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

How to buy Zoom shares

  1. Choose a share trading platform. In order to buy shares listed in the US you'll need to open an account with a broker that offers global shares. Our table below can help you choose.
  2. Open your account. You’ll need your ID, bank details and tax file number.
  3. Confirm your payment details. You’ll need to fund your account with a bank transfer, debit card or credit card.
  4. Find the shares you want to buy. Search the platform for Zoom (NASDAQ:ZM) shares and place a buy order. It's that simple.

When you successfully purchase shares, you’ll receive a confirmation note from the broker, and the money will be taken out of your cash account. For more information about buying stocks, you can read our guide on how to buy shares.

Compare share trading accounts to buy Zoom shares

Updated April 4th, 2020
Name Product Standard brokerage fee for ASX shares Standard brokerage for US shares Inactivity fee Currency conversion fee Markets
IG Share Trading
AUD 8 or
0.1%
USD 10 or
2 cents per share
$50 per quarter if you make fewer than three trades in that period.
0.50%
ASX shares
Global shares
Forex
CFDs
Margin trading
Special offer: Earn up to 10,000 Qantas Points when you start trading on a new IG Share Trading account. T&C applies.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, forex and CFDs, plus get access to 24-hour customer support.
SelfWealth Share Trading (Basic account)
AUD 9.5
N/A
$0
N/A
ASX shares
Trade ASX-listed shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
Bell Direct Share Trading (Silver account)
AUD 15 or
0.1% for first 10 trades monthly
N/A
$0
N/A
ASX shares
mFunds
Invest in Australian shares, options and managed funds from the one account with no inactivity fee.
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
CMC Markets Stockbroking (Classic account)
AUD 11 or
0.1% for first 10 trades monthly
USD 19.95 for
up to $5000 shares
$15 per month if you make no trades in that period.
Up to 0.60%
ASX shares
Global shares
Forex
CFDs
Margin trading
Options trading
mFunds
Access a broad range of investment products from Australia and overseas.
Take advantage of IPOs and trade shares, warrants, options and CFDs listed across the ASX, SSX and Chi-X, and other major global exchanges, including US, Canada and UK markets.
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Compare up to 4 providers

Or, if you’re interested in buying shares in popular global brands like Netflix, Amazon or Apple, we have a handy guide for that, too.

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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