ASX:XRO 29 March 2026 - 14 May 2026

ASX:XRO·Business·Finance·News·Technology

Xero’s Stock Bounce Has a Catch as AI Hopes Face a Profit Squeeze

Xero shares closed at A$78.62 on Tuesday, up 0.7% as the S&P/ASX 200 rose 1.17%. The stock remains down 31% in 2026 and 57% for the financial year. Investors are weighing a new Claude AI integration and U.S. payments growth against falling net profit and tighter margins. Xero reported a 27% drop in net profit after tax for the year to March 31.

May 20, 2026

ASX:XRO·Business News·Finance·Investment·News

Xero Limited Shares Sink 9% as A$550 Million Buyback Fails to Blunt Melio Profit Hit

Xero shares fell 9.04% in Sydney after the company reported a 27% drop in annual net profit to NZ$167.4 million, despite a 31% revenue increase and a planned A$550 million share buyback. The company cited NZ$50.6 million in Melio acquisition costs. Xero forecast FY27 revenue of up to NZ$3.73 billion and adjusted EBITDA up to NZ$920 million.

May 14, 2026

AI·ASX:XRO·Business·News·Technology

Xero Limited Bets on Anthropic to Put Claude AI Inside Small-Business Finance

Xero said Thursday it will embed Anthropic’s Claude AI in its accounting platform and allow Xero data inside Claude.ai, with rollout expected in coming months. The move follows Xero’s U.S. bill payments launch after its Melio acquisition. Xero shares closed Friday at A$72.84, up 0.6%. The company has 4.6 million subscribers and reported first-half revenue of NZ$1.2 billion, up 20% year-on-year.

March 29, 2026

Goodman Group Shares Seen as Undervalued by Bell Potter with 18% Upside Potential
May 26, 2026, 9:23 PM EDT. Goodman Group (ASX: GMG) shares have dipped over 8% in the past year, prompting questions on valuation. Broker Bell Potter retains a Buy rating with a trimmed price target of AUD 35.50, implying an 18% gain from the current AUD 30.01 share price. The broker reaffirmed FY26 operating EPS growth of 9% year-on-year and highlighted a 7% rise in data centre powerbank capacity to 6.4GW, driven by Australia and New Zealand growth. Though leasing progress and development timing pose uncertainties, Bell Potter notes Goodman's strong market position and discounted trading multiples versus ASX200 peers. The firm sees potential downside risks but believes the sector moat is widening for scaled data centre players.