ZUO Stock Recent News
ZUO LATEST HEADLINES
The mean of analysts' price targets for Zuora (ZUO) points to a 34% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
After reaching an important support level, Zuora (ZUO) could be a good stock pick from a technical perspective. ZUO surpassed resistance at the 200-day moving average, suggesting a long-term bullish trend.
Zuora (ZUO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Zuora (ZUO) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, ZUO broke through the 50-day moving average, which suggests a short-term bullish trend.
The mean of analysts' price targets for Zuora (ZUO) points to a 36.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Zuora, Inc. (ZUO) Q4 2023 Earnings Call Transcript
ZUO's revenue growth has been strong during the last decade (+22%), although there appears to be a slowdown to low single-digits in recent peers. Despite consistently upselling its existing customer base, we feel ZUO is struggling with competitive pressures, restricting its ability to acquire customers at a considerable rate. This has restricted its ability to progress margins to the level expected by investors. We believe ZUO can reach an adj. EBITDA-M of ~15%.
Zuora (ZUO) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Zuora (ZUO) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Does Zuora (ZUO) have what it takes to be a top stock pick for momentum investors? Let's find out.