Zuora with ticker code (ZUO) have now 6 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 27 and 20 with the average target price sitting at 23.67. Now with the previous closing price of 15.2 this is indicating there is a potential upside of 55.7%. The 50 day moving average now sits at 17.91 and the 200 day MA is 17.58. The market capitalisation for the company is $1,982m. Company Website: https://www.zuora.com
The potential market cap would be $3,087m 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.
