Craig-Hallum analyst Chad Bennett assigned a Buy rating to the stock today. The company’s shares closed yesterday at $9.27.
According to TipRanks, Bennett is a 4-star analyst with an average return of 6.6% and a 54.36% success rate. Bennett covers the Technology sector, focusing on stocks such as OneSpan, Mitek Systems, and Teradata.
Zuora has an analyst consensus of Strong Buy, with a price target consensus of $13.00, implying a 40.24% upside from current levels. In a report released today, Needham also maintained a Buy rating on the stock with a $15.00 price target.
See the top stocks recommended by analysts >>
Based on Zuora’s latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of $109.85 million and a GAAP net loss of $5.5 million. In comparison, last year the company earned a revenue of $101.07 million and had a GAAP net loss of $37.03 million
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Zuora (ZUO) Company Description:
Zuora, Inc. operates as an online subscription billing and management platform. The firm’s products include Zuora Billing, Zuora RevPro, Zuora CPQ and Zuora Collect. Its Central Platform is composed of six core engines: Pricing Engine, Subscription Orders Engine, Rating Engine, Global Payments Engine, Subscription Metrics and Subscription Accounting Engine. It also offers traditional ERP software, such as Oracle Corporation and SAP AG. The company was founded in 2007 by K.V. Rao, Cheng Zou and Tien Tzuo and is headquartered in San Mateo, CA.
Read More on ZUO:
