Full record
HitmarketsZoom Video Communications ($ZM) is worth less than $150 billion in 2022 or 2023.
A scored prediction by Michael Burry, made on .
Scored prediction
Hitmarkets“Anyone else sensing #PeakZoom? Schools back, #COVID_19 fall surge etc. what will 2022 or 2023 $ZM look like? Something tells me not $150 billion #PeakZoom.”
Zoom Video Communications ($ZM) is worth less than $150 billion in 2022 or 2023.
- Made on
- 2020-09-23
- Outcome
- Hit
- Importance
- 3 / 5
- Effect on score
- +2.27
What counted as right
- Status
- resolved
- Settled on
- 2022-01-03
Zoom Video Communications ($ZM) has a market capitalisation below $150 billion during calendar 2022 or 2023, measured on closing prices at any point in that window.
Determinate and unambiguous: the criterion asks only whether ZM's market cap was below 150bn USD on closing prices at any point during calendar 2022 or 2023, and it was below that level continuously throughout both years. resolved_on set to 2022-01-03, the first trading day of the criterion window, when the condition was already satisfied (market cap roughly 55bn USD). Source limitation logged: exchange-primary price feeds (Yahoo Finance, Nasdaq, WSJ, Stooq) were rate-limited, paywalled or behind bot-detection during this pass and were not used; figures come from the stockanalysis.com aggregator. The margin here is roughly 3x, far larger than any plausible aggregator discrepancy, so the resolution is not sensitive to the source. Independent cross-check available if wanted: ZM's 10-K share counts against exchange closing prices.
Sources
Evidence of what happened
Zoom Video Communications (ZM) market capitalisation history: 54.80bn USD at 2021-12-31, 19.80bn USD at 2022-12-30 (down 63.87 percent on the year), and 21.89bn USD at 2023-12-29. ZM's market cap was below 150bn USD on every trading day of calendar 2022 and 2023, entering 2022 already roughly one third of the threshold.
ZM daily closing price history: the first trading day of 2022 (2022-01-03) closed at 184.26 USD, which was also the highest close of calendar 2022; the 2022 low close was 65.36 USD (2022-12-28). Calendar 2023 ranged from a high close of 84.66 USD (2023-02-07) to a low close of 59.29 USD (2023-10-27). Against roughly 0.3bn shares outstanding, every one of these closes implies a market cap far below 150bn USD.
Context on whether the threshold was a real bar when the claim was made on 2020-09-23: ZM's highest close across 2020-2023 was 568.34 USD on 2020-10-19, roughly a month after the claim, implying a peak market capitalisation in the neighbourhood of 160-170bn USD, i.e. above the 150bn USD line at the time of the call.
Corrections
No public corrections.
Effect on the score
+2.27- How sure they sounded
- 65%
- Outcome
- Hit
- Importance
- 3 / 5
This page shows the scored prediction as published; the site doesn't recompute or adjust the score.
Where this came from
Zoom Video Communications ($ZM) is worth less than $150 bil…- Methodology version
- v1.0.0
- Last computed
- August 2, 2026
- Made on
- 2020-09-23
How this profile was built
Scored by independent judges
Predictions gathered and sourced
Independently verified against sources