Company Encyclopedia
View More
name
Xero Limited
XRO.AU
News
View More

Morgan Stanley Sticks to Its Buy Rating for Xero Limited (XROLF)

Morgan Stanley analyst Andrew McLeod maintained a Buy rating on Xero Limited with a price target of A$225.00. McLeod, who covers the Communication Services sector, has an average return of 0.7% and a 47.06% success rate. Xero also received a Buy rating from Citi's Siraj Ahmed, while TR | OpenAI reiterated a Hold rating.

Tip Ranks·
Tip Ranks·

Xero Still Not Cheap Enough Given Melio Related Uncertainty, Says Jefferies

Xero Still Not Cheap Enough Given Melio Related Uncertainty, Says Jefferies

marketscreener·
marketscreener·

ASX 200 stocks with the best performance: Return, momentum, risk-vs-reward – Week 46

Lithium and gold stocks lead ASX 200 performance, with Liontown Resources and Perseus Mining among top performers. Rare earths stocks LYC and ILU rebounded. High P/E stocks like Xero and Guzman Y Gomez underperformed. Domino's Pizza improved its position, while Droneshield declined. The report provides insights into return, momentum, and risk-reward metrics for ASX 200 stocks.

Market Index·
US
DPZ
-1.35%
Market Index·
US
DPZ
-1.35%

Xero Limited’s Earnings Call Highlights Strong Growth

Xero Limited's Q2 earnings call highlighted strong revenue growth, with a 20% year-over-year increase to $1.194 billion. Key regions like Australia, the UK, and North America showed impressive growth. The Melio acquisition is set to boost U.S. market growth. Despite challenges like increased churn and regional issues in Canada, Xero's financial health remains robust. Forward guidance is optimistic, with a 12% rise in adjusted EBITDA. Overall, Xero's strategic initiatives and revenue growth indicate a positive outlook for sustained financial performance.

Tip Ranks·
Tip Ranks·

Morgans Sticks to Its Buy Rating for Xero Limited (XROLF)

Morgans' analyst Nick Harris has maintained a Buy rating on Xero Limited with a price target of A$141.00. Harris, who covers the Technology sector, has an average return of 4.4% and a 47.20% success rate. Additionally, Citi's Siraj Ahmed also issued a Buy rating for Xero Limited, while RBC Capital maintained a Hold rating.

Tip Ranks·
Tip Ranks·