Xero's US$2.5B Acquisition Likely to Fast-Track U.S. Expansion -- Market Talk

Dow Jones
2025/06/27

0148 GMT - Xero's US$2.5 billion acquisition of payments provider Melio should help the accounting-software developer fast-track its U.S. expansion, Morgans analyst Nick Harris says. He tells clients in a note that the acquisition brings product innovation and increases Xero's appeal to potential customers. The additional scale Melio brings should, alongside further sales and marketing investments, move Xero closer to having what Harris calls critical mass in North America. The downside is the dilutive impact of a loss-making business, he adds. Harris maintains an accumulate rating on Xero. Morgans keeps a A$215.00 target price on the stock, which is up 0.2% at A$184.40. (stuart.condie@wsj.com)

 

(END) Dow Jones Newswires

June 26, 2025 21:48 ET (01:48 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10