A Glimpse Into The Expert Outlook On Zuora Through 4 Analysts
Portfolio Pulse from Benzinga Insights
In the last three months, 4 analysts have provided ratings on Zuora (NYSE:ZUO), with all maintaining a bullish stance. The average 12-month price target is $14.5, representing a 45% increase from the previous target of $10. Zuora's financial performance shows positive revenue growth, a strong net margin, and an excellent ROE and ROA, but a high debt-to-equity ratio. Analysts from Goldman Sachs, Needham, and Canaccord Genuity have recently updated their ratings and price targets for ZUO.
January 23, 2024 | 6:01 pm
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Zuora has received unanimous bullish ratings from 4 analysts, with an increased average price target of $14.5. The company's financials show positive growth and profitability, but it has a high debt-to-equity ratio.
The unanimous bullish sentiment from analysts and the raised price target suggest a positive short-term impact on ZUO's stock price. The company's strong financial performance indicators such as revenue growth and net margin support this outlook. However, the high debt-to-equity ratio is a concern that might temper the stock's upward movement, but it seems to be outweighed by the positive factors in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100