Zoom Video Communications Cl A (ZM)

$85.18 +1.77 (2.12%)
Market Cap 26.43B
Revenue (ttm) 4.53B
Net Income (ttm) 637.46M
EPS (ttm) N/A
PE Ratio 29.42
Forward PE 29.33
Profit Margin 14.08%
Debt to Equity Ratio 0.00
Volume 3,079,502
Avg Vol 3,251,843
Day's Range N/A - N/A
Shares Out 307.79M
Stochastic %K 39%
Beta -0.05
Analysts Sell
Price Target $75.39

Company Profile

Zoom Communications, Inc. provides an Artificial Intelligence-first open work platform for human connection in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company offers Zoom Meetings that offers HD video, voice, chat, and content sharing through mobile devices, desktops, laptops, telephones, and conference room systems; Zoom Phone, a cloud phone system; and Zoom Team Chat enables users to share messages, images, files, and content in desktop, laptop, tablet, and mob...

Industry: Software - Application
Sector: Technology
Phone: 888 799 9666
Address:
55 Almaden Boulevard, 6th Floor, San Jose, United States
onlythebestcompanies
onlythebestcompanies Jun. 2 at 1:55 PM
$ZM $120 soon.
0 · Reply
ure300
ure300 Jun. 2 at 12:53 PM
$ZM if it were such a hidden value stock why isn't it $200 now?
1 · Reply
btdb
btdb Jun. 2 at 11:43 AM
$ZM Let’s say ZM has a pe of 18, a market cap of 32BB. It’s actual pe is 32BB minus 7.7 BB cash, minus 3.7BB Anthropic value which suggests a pe of 11.5. That’s why it is a value stock. Just saying….. it still needs to perform as a business, but the bar is lower than it looks.
0 · Reply
ure300
ure300 Jun. 2 at 10:31 AM
$ZM yesterday's software run is over hope you enjoyed it
1 · Reply
BEST_MAN_EVER
BEST_MAN_EVER Jun. 2 at 10:11 AM
$ZM Zoom is trading lower that what it worth in cash + assets and Anthropic holdings. Yet average retail is so stupid will buy overvalued garbage up 200% in a week or meme stocks because Jensen named them while farting in the toilet at a dinner. $MRVL $IBM $NOW $SNOW
1 · Reply
Pandolin
Pandolin Jun. 2 at 1:32 AM
$ANTHROPIC $ZM is set to benefit ?
0 · Reply
PhishTourFunds
PhishTourFunds Jun. 2 at 1:09 AM
$ANTHROPIC $ZM S-1 bounce 💥
0 · Reply
BEST_MAN_EVER
BEST_MAN_EVER Jun. 1 at 8:46 PM
$ZM 14 dollars of 111 are the Anthropic participation value embedded in ZM. Wow
0 · Reply
mrpocket
mrpocket Jun. 1 at 6:47 PM
$AMZN $CRM $GOOGL $ZM
0 · Reply
Ro_Patel
Ro_Patel Jun. 1 at 6:43 PM
Anthropic announces that it has confidentially submitted a draft registration statement on Form S-1 to the SEC for a proposed IPO $AMZN $GOOGL $CRM $ZM
0 · Reply
Latest News on ZM
Zoom Communications price target raised to $133 from $107 at HSBC

2026-06-02T12:29:57.000Z - 1 hour ago

Zoom Communications price target raised to $133 from $107 at HSBC

Zoom stock jumps as Anthropic IPO plans boost AI investment value

Jun 1, 2026, 1:46 PM EDT - 20 hours ago

Zoom stock jumps as Anthropic IPO plans boost AI investment value

Zoom Stock Jumps 11%. Why the Anthropic IPO Is Good News for the Video Calling Company.

Jun 1, 2026, 12:49 PM EDT - 21 hours ago

Zoom Stock Jumps 11%. Why the Anthropic IPO Is Good News for the Video Calling Company.

Zoom Communications announces launch of ZoomMate

2026-06-01T13:46:00.000Z - 1 day ago

Zoom Communications announces launch of ZoomMate

Zoom launches ZoomMate: the first AI teammate built to turn conversations into completed work

Jun 1, 2026, 9:00 AM EDT - 1 day ago

Zoom launches ZoomMate: the first AI teammate built to turn conversations into completed work

Zoom Communications price target raised to $126 from $122 at Citi

2026-05-26T11:16:28.000Z - 7 days ago

Zoom Communications price target raised to $126 from $122 at Citi

Zoom Communications price target raised to $105 from $90 at BofA

2026-05-25T09:05:52.000Z - 8 days ago

Zoom Communications price target raised to $105 from $90 at BofA

Zoom's $51 Million Anthropic Investment Now Worth $1 Billion

May 24, 2026, 7:15 PM EDT - 8 days ago

Zoom's $51 Million Anthropic Investment Now Worth $1 Billion

Zoom Jumps on Sales Forecast Topping Estimates

May 22, 2026, 2:05 PM EDT - 10 days ago

Zoom Jumps on Sales Forecast Topping Estimates

Zoom Communications price target raised to $105 from $92 at Morgan Stanley

2026-05-22T13:17:32.000Z - 11 days ago

Zoom Communications price target raised to $105 from $92 at Morgan Stanley

Zoom Communications price target raised to $130 from $115 at Rosenblatt

2026-05-22T12:58:15.000Z - 11 days ago

Zoom Communications price target raised to $130 from $115 at Rosenblatt

Zoom Communications price target raised to $125 from $121 at Benchmark

2026-05-22T12:51:24.000Z - 11 days ago

Zoom Communications price target raised to $125 from $121 at Benchmark

Zoom Communications price target raised to $130 from $110 at RBC Capital

2026-05-22T12:40:28.000Z - 11 days ago

Zoom Communications price target raised to $130 from $110 at RBC Capital

Stay Aware of U.S.-Iran Headlines, Breaking Down WDAY, ZM & DECK Earnings

May 22, 2026, 8:30 AM EDT - 11 days ago

Stay Aware of U.S.-Iran Headlines, Breaking Down WDAY, ZM & DECK Earnings

WDAY DECK

Zoom Communications price target raised to $130 from $100 at Needham

2026-05-22T12:03:32.000Z - 11 days ago

Zoom Communications price target raised to $130 from $100 at Needham

Zoom Communications price target raised to $104 from $87 at Cantor Fitzgerald

2026-05-22T12:02:43.000Z - 11 days ago

Zoom Communications price target raised to $104 from $87 at Cantor Fitzgerald

Zoom Communications price target raised to $125 from $100 at BTIG

2026-05-22T11:53:35.000Z - 11 days ago

Zoom Communications price target raised to $125 from $100 at BTIG

Zoom Communications price target raised to $107 from $91 at Piper Sandler

2026-05-22T11:40:06.000Z - 11 days ago

Zoom Communications price target raised to $107 from $91 at Piper Sandler

Zoom Communications price target raised to $120 from $100 at Mizuho

2026-05-22T11:27:21.000Z - 11 days ago

Zoom Communications price target raised to $120 from $100 at Mizuho

Zoom Communications price target raised to $105 from $90 at Wells Fargo

2026-05-22T11:00:02.000Z - 11 days ago

Zoom Communications price target raised to $105 from $90 at Wells Fargo

Zoom raises annual forecasts, banks on AI features to drive demand

May 21, 2026, 5:34 PM EDT - 11 days ago

Zoom raises annual forecasts, banks on AI features to drive demand

Zoom Communications Earnings Call Transcript: Q1 2027

May 21, 2026, 5:00 PM EDT - 11 days ago

Zoom Communications Earnings Call Transcript: Q1 2027

Zoom Communications Earnings release: Q1 2027

May 21, 2026, 5:00 PM EDT - 11 days ago

Zoom Communications Earnings release: Q1 2027

Zoom Communications Slides: Q1 2027

May 21, 2026, 5:00 PM EDT - 11 days ago

Zoom Communications Slides: Q1 2027

Zoom Communications Quarterly report: Q1 2027

May 21, 2026, 5:00 PM EDT - 11 days ago

Zoom Communications Quarterly report: Q1 2027

Zoom Communications Reports Financial Results for the First Quarter of Fiscal Year 2027

May 21, 2026, 4:05 PM EDT - 11 days ago

Zoom Communications Reports Financial Results for the First Quarter of Fiscal Year 2027

The Big 3: NVDA, SMCI & ZM

May 8, 2026, 1:00 PM EDT - 24 days ago

The Big 3: NVDA, SMCI & ZM

NVDA SMCI

Josh Brown now has just one software name in his 'best stocks' list

May 4, 2026, 11:00 PM EDT - 4 weeks ago

Josh Brown now has just one software name in his 'best stocks' list

Zoom Recognizes the Rise of AI-Powered Businesses of One with Inaugural Solopreneur 50

May 4, 2026, 8:00 AM EDT - 4 weeks ago

Zoom Recognizes the Rise of AI-Powered Businesses of One with Inaugural Solopreneur 50

Zoom Has a ‘SWAT Team' to Stand Out on ChatGPT and Gemini

Apr 30, 2026, 12:38 PM EDT - 4 weeks ago

Zoom Has a ‘SWAT Team' to Stand Out on ChatGPT and Gemini

Zoom Communications Proxy statement: Proxy filing

Apr 30, 2026, 8:00 AM EDT - 4 weeks ago

Zoom Communications Proxy statement: Proxy filing

Zoom Communications Proxy statement: Proxy filing

Apr 30, 2026, 8:00 AM EDT - 4 weeks ago

Zoom Communications Proxy statement: Proxy filing

Zoom to Release Financial Results for the First Quarter of Fiscal Year 2027

Apr 29, 2026, 4:05 PM EDT - 4 weeks ago

Zoom to Release Financial Results for the First Quarter of Fiscal Year 2027

Zoom appoints Russell Dicker as chief product officer to advance AI-first product strategy and workflow automation

Apr 15, 2026, 9:05 AM EDT - 6 weeks ago

Zoom appoints Russell Dicker as chief product officer to advance AI-first product strategy and workflow automation

AI agents could REPLACE meeting attendance, Zoom CEO says

Apr 11, 2026, 6:00 PM EDT - 7 weeks ago

AI agents could REPLACE meeting attendance, Zoom CEO says

Zoom AI Companion 3.0 Empowers Workers to Reclaim Time, Backed by New Research on Lost Lunch Breaks

Mar 25, 2026, 9:08 AM EDT - 2 months ago

Zoom AI Companion 3.0 Empowers Workers to Reclaim Time, Backed by New Research on Lost Lunch Breaks

Pindrop Zoom Integration Embeds Real-Time Deepfake Detection and Identity Verification in Zoom Contact Center

Mar 12, 2026, 9:00 AM EDT - 2 months ago

Pindrop Zoom Integration Embeds Real-Time Deepfake Detection and Identity Verification in Zoom Contact Center

PCI Pal Advances AI-Driven Customer Engagement with Secure Payment Experiences for Zoom Virtual Agent

Mar 10, 2026, 9:02 AM EDT - 3 months ago

PCI Pal Advances AI-Driven Customer Engagement with Secure Payment Experiences for Zoom Virtual Agent

Zoom introduces an AI-powered office suite, says AI avatars for meetings arrive this month

Mar 10, 2026, 9:00 AM EDT - 3 months ago

Zoom introduces an AI-powered office suite, says AI avatars for meetings arrive this month

Zoom Communications Transcript: Morgan Stanley Technology, Media & Telecom Conference 2026

Mar 2, 2026, 3:20 PM EST - 3 months ago

Zoom Communications Transcript: Morgan Stanley Technology, Media & Telecom Conference 2026

How to gauge if the bottom is in for software stocks

Feb 26, 2026, 1:56 PM EST - 3 months ago

How to gauge if the bottom is in for software stocks

CRM IBM IGV SNOW SNPS TTAN

Software stocks bounce as Nvidia shares falter. Is a new rotation trade in store?

Feb 26, 2026, 1:54 PM EST - 3 months ago

Software stocks bounce as Nvidia shares falter. Is a new rotation trade in store?

NVDA ADBE CRM IGV

Zoom CEO Eric Yuan: Human to human interactions are still essential in the AI era

Feb 26, 2026, 12:21 PM EST - 3 months ago

Zoom CEO Eric Yuan: Human to human interactions are still essential in the AI era

Zoom forecasts quarterly profit below estimates amid tough competition

Feb 25, 2026, 5:05 PM EST - 3 months ago

Zoom forecasts quarterly profit below estimates amid tough competition

Zoom Communications Earnings Call Transcript: Q4 2026

Feb 25, 2026, 5:00 PM EST - 3 months ago

Zoom Communications Earnings Call Transcript: Q4 2026

Zoom Communications Annual report: Q4 2026

Feb 25, 2026, 5:00 PM EST - 3 months ago

Zoom Communications Annual report: Q4 2026

Zoom Communications Earnings release: Q4 2026

Feb 25, 2026, 5:00 PM EST - 3 months ago

Zoom Communications Earnings release: Q4 2026

Zoom Communications Slides: Q4 2026

Feb 25, 2026, 5:00 PM EST - 3 months ago

Zoom Communications Slides: Q4 2026

Zoom Communications Shareholder letter: Q4 2026

Feb 25, 2026, 5:00 PM EST - 3 months ago

Zoom Communications Shareholder letter: Q4 2026

Zoom Communications Annual report: Q4 2026

Feb 25, 2026, 5:00 PM EST - 3 months ago

Zoom Communications Annual report: Q4 2026

Zoom introduces next-gen Zoom Virtual Agent to automate end-to-end customer resolution

Feb 24, 2026, 8:56 AM EST - 3 months ago

Zoom introduces next-gen Zoom Virtual Agent to automate end-to-end customer resolution

Zoom Video stock: Wyckoff Theory points to a 100% surge

Feb 23, 2026, 11:17 AM EST - 3 months ago

Zoom Video stock: Wyckoff Theory points to a 100% surge

France ditches Zoom and Teams for homegrown system amid European digital sovereignty push

Feb 3, 2026, 7:15 AM EST - 4 months ago

France ditches Zoom and Teams for homegrown system amid European digital sovereignty push

Zoom Communications (ZM) Price Forecast: Base Breakout Signals Trend Continuation

Feb 2, 2026, 5:19 PM EST - 4 months ago

Zoom Communications (ZM) Price Forecast: Base Breakout Signals Trend Continuation

Zoom to Release Financial Results for the Fourth Quarter and Full Fiscal Year 2026

Jan 29, 2026, 4:05 PM EST - 4 months ago

Zoom to Release Financial Results for the Fourth Quarter and Full Fiscal Year 2026

Imperative Care Launches Zoom 4S Catheter to Further Advance Company's Zoom Stroke System for Ischemic Stroke Treatment

Jan 28, 2026, 4:15 PM EST - 4 months ago

Imperative Care Launches Zoom 4S Catheter to Further Advance Company's Zoom Stroke System for Ischemic Stroke Treatment

What's Happening With Zoom Stock?

Jan 27, 2026, 11:20 AM EST - 4 months ago

What's Happening With Zoom Stock?

Baird Says Zoom's 2023 Investment in Anthropic Could Be Worth at Least $2 Billion

Jan 26, 2026, 7:51 PM EST - 4 months ago

Baird Says Zoom's 2023 Investment in Anthropic Could Be Worth at Least $2 Billion

Zoom's 'hidden gem' investment in Anthropic could be worth $2 billion to $4 billion, analysts say

Jan 26, 2026, 1:22 PM EST - 4 months ago

Zoom's 'hidden gem' investment in Anthropic could be worth $2 billion to $4 billion, analysts say

Zoom Stock Is Soaring. Its Investment in Anthropic Is a ‘Hidden Gem.

Jan 26, 2026, 11:45 AM EST - 4 months ago

Zoom Stock Is Soaring. Its Investment in Anthropic Is a ‘Hidden Gem.

DataParser Announces Support for Zoom Phone

Jan 14, 2026, 3:00 AM EST - 4 months ago

DataParser Announces Support for Zoom Phone

Zoom Opens Nominations for First U.S. Solopreneur 50 List, Recognizing AI-First Solo Business Leaders

Jan 8, 2026, 9:00 AM EST - 5 months ago

Zoom Opens Nominations for First U.S. Solopreneur 50 List, Recognizing AI-First Solo Business Leaders

Nikon Reveals NIKKOR Z 24-105mm F4-7.1 Zoom Lens – Preorder and More Info at B&H Photo

Jan 6, 2026, 11:01 PM EST - 5 months ago

Nikon Reveals NIKKOR Z 24-105mm F4-7.1 Zoom Lens – Preorder and More Info at B&H Photo

Final Trade: CCCX, ZM, DAL, LULU, UBER

Dec 11, 2025, 6:28 PM EST - 6 months ago

Final Trade: CCCX, ZM, DAL, LULU, UBER

LULU UBER DAL

Final Trades: Coeur Mining, Netskope, Delta Air Lines and Zoom

Dec 11, 2025, 1:17 PM EST - 6 months ago

Final Trades: Coeur Mining, Netskope, Delta Air Lines and Zoom

CDE DAL NTSK

Zoom Leads A Workplace Revolution

Dec 10, 2025, 6:29 AM EST - 6 months ago

Zoom Leads A Workplace Revolution

Zoom Communications Transcript: UBS’s 2025 Global Technology and AI Conference

Dec 2, 2025, 11:30 AM EST - 6 months ago

Zoom Communications Transcript: UBS’s 2025 Global Technology and AI Conference

16 software stocks for investors sifting through the bargain bin

Nov 29, 2025, 8:30 AM EST - 6 months ago

16 software stocks for investors sifting through the bargain bin

ADSK AXON IGV KVYO MNDY NOW OKTA

Stocks on the move and Calls of the Day: Zoom, Applied Materials, Snowflake, Live Nation and more

Nov 25, 2025, 1:13 PM EST - 6 months ago

Stocks on the move and Calls of the Day: Zoom, Applied Materials, Snowflake, Live Nation and more

AMAT LYV SNOW

Top Stock Movers Now: Nvidia, Coinbase, Kohl's, and More

Nov 25, 2025, 1:00 PM EST - 6 months ago

Top Stock Movers Now: Nvidia, Coinbase, Kohl's, and More

ANF COIN KSS NVDA

Final Trade: BABA, ZM, NVO, TJX

Nov 25, 2025, 9:56 AM EST - 6 months ago

Final Trade: BABA, ZM, NVO, TJX

NVO TJX BABA

Zoom Communications Earnings Call Transcript: Q3 2026

Nov 24, 2025, 5:00 PM EST - 6 months ago

Zoom Communications Earnings Call Transcript: Q3 2026

Zoom Communications Quarterly report: Q3 2026

Nov 24, 2025, 5:00 PM EST - 6 months ago

Zoom Communications Quarterly report: Q3 2026

Zoom Communications Earnings release: Q3 2026

Nov 24, 2025, 5:00 PM EST - 6 months ago

Zoom Communications Earnings release: Q3 2026

Zoom Communications Slides: Q3 2026

Nov 24, 2025, 5:00 PM EST - 6 months ago

Zoom Communications Slides: Q3 2026

Zoom Communications lifts annual outlook on accelerated demand for AI tools in hybrid work

Nov 24, 2025, 4:41 PM EST - 6 months ago

Zoom Communications lifts annual outlook on accelerated demand for AI tools in hybrid work

Zoom Communications Reports Financial Results for the Third Quarter of Fiscal Year 2026

Nov 24, 2025, 4:05 PM EST - 6 months ago

Zoom Communications Reports Financial Results for the Third Quarter of Fiscal Year 2026

Tuttle's Take on ZM: Can't Compete Head-to-Head Against MSFT, GOOGL

Nov 24, 2025, 4:05 PM EST - 6 months ago

Tuttle's Take on ZM: Can't Compete Head-to-Head Against MSFT, GOOGL

Zoom No Longer "Pandemic Darling," Agentic A.I.'s Rebound Potential for ZM

Nov 24, 2025, 9:00 AM EST - 6 months ago

Zoom No Longer "Pandemic Darling," Agentic A.I.'s Rebound Potential for ZM

Zoom stock price analysis: is ZM a buy ahead of earnings?

Nov 23, 2025, 12:57 AM EST - 6 months ago

Zoom stock price analysis: is ZM a buy ahead of earnings?

Imperative Care Presents Positive Real-World Data from Ischemic Stroke Patients Treated with ADAPT 2.0 Using the Zoom Stroke System

Nov 21, 2025, 4:15 PM EST - 6 months ago

Imperative Care Presents Positive Real-World Data from Ischemic Stroke Patients Treated with ADAPT 2.0 Using the Zoom Stroke System

Final Trades: Vistra, Leidos Holdings, Walmart and Zoom Communications

Nov 21, 2025, 1:29 PM EST - 6 months ago

Final Trades: Vistra, Leidos Holdings, Walmart and Zoom Communications

LDOS WMT VST

onlythebestcompanies
onlythebestcompanies Jun. 2 at 1:55 PM
$ZM $120 soon.
0 · Reply
ure300
ure300 Jun. 2 at 12:53 PM
$ZM if it were such a hidden value stock why isn't it $200 now?
1 · Reply
btdb
btdb Jun. 2 at 11:43 AM
$ZM Let’s say ZM has a pe of 18, a market cap of 32BB. It’s actual pe is 32BB minus 7.7 BB cash, minus 3.7BB Anthropic value which suggests a pe of 11.5. That’s why it is a value stock. Just saying….. it still needs to perform as a business, but the bar is lower than it looks.
0 · Reply
ure300
ure300 Jun. 2 at 10:31 AM
$ZM yesterday's software run is over hope you enjoyed it
1 · Reply
BEST_MAN_EVER
BEST_MAN_EVER Jun. 2 at 10:11 AM
$ZM Zoom is trading lower that what it worth in cash + assets and Anthropic holdings. Yet average retail is so stupid will buy overvalued garbage up 200% in a week or meme stocks because Jensen named them while farting in the toilet at a dinner. $MRVL $IBM $NOW $SNOW
1 · Reply
Pandolin
Pandolin Jun. 2 at 1:32 AM
$ANTHROPIC $ZM is set to benefit ?
0 · Reply
PhishTourFunds
PhishTourFunds Jun. 2 at 1:09 AM
$ANTHROPIC $ZM S-1 bounce 💥
0 · Reply
BEST_MAN_EVER
BEST_MAN_EVER Jun. 1 at 8:46 PM
$ZM 14 dollars of 111 are the Anthropic participation value embedded in ZM. Wow
0 · Reply
mrpocket
mrpocket Jun. 1 at 6:47 PM
$AMZN $CRM $GOOGL $ZM
0 · Reply
Ro_Patel
Ro_Patel Jun. 1 at 6:43 PM
Anthropic announces that it has confidentially submitted a draft registration statement on Form S-1 to the SEC for a proposed IPO $AMZN $GOOGL $CRM $ZM
0 · Reply
PittsburghTrader
PittsburghTrader Jun. 1 at 6:18 PM
$ZM sweet
0 · Reply
BigGainTom
BigGainTom Jun. 1 at 6:16 PM
$FLNT $FLNC Sure... It's like how $ZM and $ZOOM.X used to run together during the ZM IPO.
0 · Reply
btdb
btdb Jun. 1 at 5:56 PM
$ZM
0 · Reply
WuTangClam
WuTangClam Jun. 1 at 5:44 PM
$SPSC picked up 1k shares on this AM ... Looks like a good set up with room to run .. set and forget it .. same with $ZM I added some shares
0 · Reply
StocktwitsNews
StocktwitsNews Jun. 1 at 5:16 PM
ZM Stock Rips To Near 4-Year Highs After Anthropic IPO Filing – Retail Expects A Breakout $ZM https://stocktwits.com/news/equity/markets/zm-stock-rips-to-near-4-year-highs-after-anthropic-ipo-filing-retail-expects-a-breakout/cZ0gzhBRev5
0 · Reply
Ron_Burn
Ron_Burn Jun. 1 at 5:11 PM
$ZM 114 resistance is a real bitch. but i see her going to 130's later this week
0 · Reply
DaphneBrooke
DaphneBrooke Jun. 1 at 4:51 PM
$ZM I just came to look at my portfolio and what a nice surprise. Of course we all knew this was undervalued.
1 · Reply
btdb
btdb Jun. 1 at 4:24 PM
$ZM $125 coming fast
0 · Reply
insanitywolftrading
insanitywolftrading Jun. 1 at 4:16 PM
$ZM $TDOC why is the remote work and telehealth stuff going crazy today? Is it because of oil?
1 · Reply
Emg11
Emg11 Jun. 1 at 4:11 PM
$ZM I can see this stock hitting 2020-2021 levels again at some point. 100-450+
0 · Reply
RagingBullRunBandit
RagingBullRunBandit Jun. 1 at 4:04 PM
$ZM ZoomMate is going to be a game changer. Conversation to action.
0 · Reply
L1some
L1some Jun. 1 at 4:02 PM
$ZM oh yeah baby
1 · Reply