Xero's Price Rises Suggest Confidence to Bull -- Market Talk

Dow Jones

May 04

0410 GMT - Xero's bull at Citi reckons that the accounting-software provider's latest Australian price rises suggest it is confident in its market position. Analyst Siraj Ahmed acknowledges that customer churn could rise slightly given the increase for Xero's so-called Ignite plan, but still views the move positively. He tells clients in a note that he expects Xero to grow fiscal 2027 average revenue per user in Australia by 5% in constant currency terms. Ahmed thinks Xero could beat the consensus forecast of an 11% rise in New Zealand dollar terms. Xero reports in New Zealand dollars, which has declined in value against its Australian counterpart. Citi has a last-published buy rating and A$112.65 target price on the stock, which is up 3.3% at A$83.26. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

May 04, 2026 00:10 ET (04:10 GMT)

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Analyst Siraj Ahmed acknowledges that customer churn could rise slightly given the increase for Xero's so-called Ignite plan, but still views the move positively. He tells clients in a note that he expects Xero to grow fiscal 2027 average revenue per user in Australia by 5% in constant currency terms. Ahmed thinks Xero could beat the consensus forecast of an 11% rise in New Zealand dollar terms. Xero reports in New Zealand dollars, which has declined in value against its Australian counterpart. Citi has a last-published buy rating and A$112.65 target price on the stock, which is up 3.3% at A$83.26. 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Analyst Siraj Ahmed acknowledges that customer churn could rise slightly given the increase for Xero's so-called Ignite plan, but still views the move positively. He tells clients in a note that he expects Xero to grow fiscal 2027 average revenue per user in Australia by 5% in constant currency terms. Ahmed thinks Xero could beat the consensus forecast of an 11% rise in New Zealand dollar terms. Xero reports in New Zealand dollars, which has declined in value against its Australian counterpart. Citi has a last-published buy rating and A$112.65 target price on the stock, which is up 3.3% at A$83.26. (stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 04, 2026 00:10 ET (04:10 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7016","symbol_name":"应用软件","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2632866980","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2632866980","pubTimestamp":1777867800,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0410 GMT - Xero's bull at Citi reckons that the accounting-software provider's latest Australian price rises suggest it is confident in its market position. Analyst Siraj Ahmed acknowledges that customer churn could rise slightly given the increase for Xero's so-called Ignite plan, but still views the move positively. He tells clients in a note that he expects Xero to grow fiscal 2027 average revenue per user in Australia by 5% in constant currency terms. Ahmed thinks Xero could beat the consensus forecast of an 11% rise in New Zealand dollar terms. Xero reports in New Zealand dollars, which has declined in value against its Australian counterpart. Citi has a last-published buy rating and A$112.65 target price on the stock, which is up 3.3% at A$83.26. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7016":"应用软件","XRO.AU":"XERO LTD","BK7503":"科技股"},"translate_title":"Xero的价格上涨表明了牛市的信心——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XRO.AU":0.9},"content_text":"0410 GMT - Xero's bull at Citi reckons that the accounting-software provider's latest Australian price rises suggest it is confident in its market position. Analyst Siraj Ahmed acknowledges that customer churn could rise slightly given the increase for Xero's so-called Ignite plan, but still views the move positively. He tells clients in a note that he expects Xero to grow fiscal 2027 average revenue per user in Australia by 5% in constant currency terms. Ahmed thinks Xero could beat the consensus forecast of an 11% rise in New Zealand dollar terms. Xero reports in New Zealand dollars, which has declined in value against its Australian counterpart. Citi has a last-published buy rating and A$112.65 target price on the stock, which is up 3.3% at A$83.26. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 04, 2026 00:10 ET (04:10 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}