Zuora with ticker code (ZUO) now have 6 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 15 and 7 with a mean TP of 11.75. With the stocks previous close at 7.4 this is indicating there is a potential upside of 58.8%. The day 50 moving average is 6.8 while the 200 day moving average is 8.54. The market cap for the company is $1,002m. Find out more information at: https://www.zuora.com
The potential market cap would be $1,591m 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 orchestration engine that allows customers quote-to-revenue operations. Its products include Zuora Billing that helps customers to set payment terms, manage hierarchical billing relationships, consolidate invoicing across multiple subscriptions, and tax transactions; 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 payments associated with subscription-based businesses; and Zuora Marketplace. It sells its products through its direct sales force, systems integrators, management consulting firms, resellers, technology, and ecosystem partners. Zuora was incorporated in 2006 and is headquartered in Redwood City, California.
