RBC keeps its AUD 96.00 target for Xero stock

Published on 10/20/2026 at 21:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Xero reports half-year results on November 12, 2026 after FY26 revenue rose 31.00 percent. Xero stock costs EUR 38.40 on October 20, 2026.

RBC maintains its rating

RBC Capital maintained its Buy rating and AUD 96.00 target on October 11, 2026.
Xero reported FY26 revenue of NZD 2.75 billion, up 31.00 percent, for the year ended March 31, 2026.
Xero stock costs EUR 38.40 at Lang & Schwarz on October 20, 2026 at 9:45 p.m. CEST.
Xero is scheduled to report half-year results on November 12, 2026.

Xero, NZXROE0001S2, Illustration mit AI erstellt.

Xero (ISIN NZXROE0001S2) has an AUD 96.00 price target from RBC Capital, which maintained its Buy rating in a report dated October 11, 2026, according to Business Insider. Xero stock was trading at EUR 38.40 at Lang & Schwarz on October 20, 2026 at 9:45 p.m. CEST.

Revenue growth meets a new date

Xero reported FY26 operating revenue of NZD 2.75 billion for the year ended March 31, 2026, an increase of 31.00 percent from FY25, according to Veye. The same report put adjusted EBITDA at NZD 757.4 million, up 18.00 percent, while free cash flow reached NZD 554.0 million.

Xero lists FY27 half-year results for November 12, 2026, covering the six months ended September 30, 2026. The date gives investors a defined checkpoint for revenue growth, margins and the integration of Melio.

What does the AUD 96.00 target imply?

Xero traded at AUD 61.34 on the ASX at 4:10 p.m. AEDT on October 20, 2026. RBC's AUD 96.00 target stood 56.50 percent above that price, a comparison supplied with the dated analyst action by Business Insider.

Price position and valuation

Xero's ASX quote had a 52-week range of AUD 55.09 to AUD 155.82 on October 20, 2026. Its market capitalization was AUD 10.5 billion and its price-to-earnings ratio was 71.98 on the same date. The listing is Xero Limited on the ASX under ticker XRO, as identified by MarketScreener.

Comparison with peers

Xero: P/E 71.98, market capitalization AUD 10.5 billion. Intuit (Nasdaq, USD): up 2.75 percent, P/E 20.28, market capitalization USD 89.4 billion. The Sage Group (LSE, GBp): up 0.53 percent, P/E 29.37, market capitalization GBP 10.3 billion.

What the next report may clarify

The November 12, 2026 results will put the FY27 outlook against the FY26 base of NZD 2.75 billion in revenue and NZD 757.4 million in adjusted EBITDA. The contrast between strong sales growth and the elevated valuation makes the reporting date material for the stock's next assessment.

German trading view

For German investors, Xero was trading at EUR 38.40 at Lang & Schwarz on October 20, 2026 at 9:45 p.m. CEST. The euro quotation provides the latest after-hours indication while the company remains anchored to its ASX listing and AUD reporting currency. The further course of trading is shown by the continuously updated real-time quote of Xero stock.