Zuora found using ticker (ZUO) have now 6 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 27 and 20 with a mean TP of 23.67. Given that the stocks previous close was at 16.13 this would imply there is a potential upside of 46.7%. There is a 50 day moving average of 19.66 and the 200 day moving average is 17.62. The market cap for the company is $2,023m. Company Website: https://www.zuora.com
The potential market cap would be $2,968m based on the market concensus.
Zuora, together with its subsidiaries, provides cloud-based software on a subscription basis that enables companies in various industries to launch, manage, and transform into a subscription business. The company offers Zuora Central platform that acts as an intelligent subscription management hub that allows customers to order-to-revenue operations. Its products include Zuora Billing for subscription billing; Zuora Revenue, a revenue recognition automation solution; Zuora CPQ for configuring deals, pricing, and quoting in a subscription business; Zuora Collect designed to handle the complicated function of collections associated with subscription-based businesses; and Zuora Marketplace. It sells its products through its direct sales force, global systems integrators, management consulting firms, resellers, technology, and ecosystem partners. Zuora was incorporated in 2006 and is headquartered in Redwood City, California.
