Last quarter, Microsoft said 138 organizations had more than 100,000 Teams users, and more than 3,000 organizations had over 10,000 Teams users.īut Microsoft isn't killing Zoom yet. Microsoft's Teams, which has largely replaced Skype, is becoming a growing threat to both Zoom and Salesforce's ( CRM -1.70%) Slack in the enterprise-communications space. Zoom also faces tougher competition in that slowing market. Those estimates will likely be raised after its latest report, but they still imply the company will face increasingly difficult year-over-year comparisons as the pandemic ends. Zoom didn't provide a forecast for fiscal 2023, but analysts had expected its revenue to rise 52% this year and grow 18% next year. Both of those forecasts surpassed analysts' expectations and indicated the company could still generate impressive double-digit growth on top of its triple-digit growth last year. Zoom expects its revenue to rise 19% year over year in the fourth quarter and grow 54% for the full year.

Zoom stock buy