tradingkey.logo

ASX-listed Xero falls; Morningstar cuts valuation, citing weak Melio prospects

ReutersSep 15, 2025 2:45 AM

Xero XRO.AX falls as much as 1.2% to A$160.240; marks biggest intraday pct loss since September 3

Morningstar trims fair value estimate by 2% to A$100, citing material overvaluation

Says Melio's buyout won't materially improve co's conversion or retention of customers

Notes sizable drop in stock price after announcement of acquisition of U.S. fintech firm Melio Payments

Says Xero nearing market saturation in Australia, New Zealand as evidenced by fast-deteriorating returns on sales, marketing spending there

Stock rated "buy" on avg; median PT is A$205, per data compiled by LSEG

YTD, XRO falls 4%

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI