Actually. It’s not that bad better than Amazon. They made 92 cents this quarter. Assuming they can keep this number. That’s $4 earning for 2021 and PE ratio about 75. It’s not that insane given their growth rate of quadrupling YoY and a total rev of 2Bil. I think it could hit $500. There are many other companies such as Fastly and ddog with under 1bil revenue and growing a lot less than zoom. So in comparison zoom is not that expensive.
comments