ASX:XROSoftware
Xero (ASX:XRO) Valuation Check As Tech Volatility Meets AI Investment And U.S. Melio Expansion
The recent swings in Xero (ASX:XRO) have been closely tied to pressure on global tech stocks, as investors reassess the company’s reinvestment in product development, artificial intelligence and its higher risk U.S. expansion via Melio.
See our latest analysis for Xero.
At A$84.0, Xero’s recent 30 day share price return of 21.94% and 90 day share price return of 34.05% sit alongside a 1 year total shareholder return decline of 54.20%. This suggests that short term momentum has weakened even...