You have to go all the way back to June 2019 to find the last time Xero Ltd shares were trading below the $60 mark.
Xero shares are now down almost 30% over the past month and around 47% since the start of 2026.
ASX tech shares had another tough session on Monday as expectations for another RBA rate rise increased.
Xero has also been caught in the software sell-off as investors question what AI could mean for the sector over the next few years.
Free cash flow reached NZ$554 million, while Xero added another 506,000 customers to finish the year with 4.92 million.
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Headline as published: Xero shares crash to a 7-year low after a brutal sell-off
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The article, shortened and in plain language
You have to go all the way back to June 2019 to find the last time Xero Ltd shares were trading below the $60 mark.
Xero finished Monday at $60.08 after dropping another 4.30%, having touched an intraday low of $59.65.
Xero shares are now down almost 30% over the past month and around 47% since the start of 2026.
What makes the latest slide a little harder to pin down is that Xero hasn't released any bad news to the market.
ASX tech shares had another tough session on Monday as expectations for another RBA rate rise increased.
Australian 10-year bond yields were also sitting around 5.3%, which hasn't helped high-growth tech stocks either.
Xero has also been caught in the software sell-off as investors question what AI could mean for the sector over the next few years.
In FY26, operating revenue rose 31% to NZ$2.75 billion, while adjusted EBITDA increased 18% to NZ$757.4 million.
Free cash flow reached NZ$554 million, while Xero added another 506,000 customers to finish the year with 4.92 million.
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