Zuora, Inc. (ZUO) shares are trading at 33.67. The company announces its quarterly earnings on August 30, after the market close. What should investors know about Zuora? What's ZUO stock price forecast?
Here is the scoop on investing in Zuora: the company is riding on the subscription economy trend. It is growing its topline very fast, but generating losses. The stock is volatile, and the bears say it is valued expensively now, raising issues around the scalability of its business model, and a difficult path to profitability.
On the other hand, the Wall Street remains bullish about the company, citing an exceptional leadership team. Needham & Co raised its target for Zuora to $38, which is a new Street-high target.
www.finstead.com/bit...ction-august-30-2018
Here is the scoop on investing in Zuora: the company is riding on the subscription economy trend. It is growing its topline very fast, but generating losses. The stock is volatile, and the bears say it is valued expensively now, raising issues around the scalability of its business model, and a difficult path to profitability.
On the other hand, the Wall Street remains bullish about the company, citing an exceptional leadership team. Needham & Co raised its target for Zuora to $38, which is a new Street-high target.
www.finstead.com/bit...ction-august-30-2018