10 Best Affordable Tech Stocks to Buy According to Analysts

2) Zuora, Inc. (NYSE:ZUO)

Forward P/E as of 23 August: 20.92x

Upside Potential: 44.44%

Expected EPS Growth This Year: 69.7%

Zuora, Inc. (NYSE:ZUO) offers cloud-based software on a subscription basis which enables companies across different industries to launch, manage, and transform into a subscription business.

Zuora, Inc. (NYSE:ZUO) released its 2Q 2025 financial results, with revenues reaching US$115.4 million and surpassing the analysts’ expectations by 2.5%. Its subscription revenue went up by 9% YoY to $104 million and its non-GAAP operating income set a quarterly record at $25.6 million, surpassing the guidance.

Moving forward, Zuora, Inc. (NYSE:ZUO)’s earnings are expected to be supported by growth in the media sector (due to AI paywall strategies) and its strategic monetization strategies, including payments from processors and partners. The company has also emphasized its goal of building an ecosystem to monetize more than $100 billion flowing through its system annually.

Its focus on subscription revenue growth, supported by its land and expand strategy and acquisitions, has paid off as it saw increased non-GAAP operating income.  With a strong pipeline for 2H 2024 and investments in AI and consumption-based billing, Zuora, Inc. (NYSE:ZUO) is well-placed to continue its growth trajectory.

Analysts at Needham & Company LLC reiterated a “Buy” rating on the shares of Zuora, Inc. (NYSE:ZUO), and gave it a price target of $15.00 on 22^nd August. The number of hedge funds tracked by Insider Monkey owning stakes in Zuora, Inc. (NYSE:ZUO) grew to 30 at the end of Q2 2024, from 20 in the previous quarter.