BILL (NYSE:BILL) Given New $50.00 Price Target at Oppenheimer

Key Points

• Oppenheimer cut its price target on BILL from $60 to $50 while maintaining an Outperform rating, implying roughly a 30.9% upside from the prior close.
• Analyst sentiment is mixed with a consensus Hold, an average price target of $55.10, and 12 Buys, 10 Holds and 2 Sells.
• BILL beat the quarter with $0.64 EPS vs. $0.56 expected and $414.7M revenue versus $399.7M, set Q3 and FY2026 guidance ranges, and the stock traded down to $38.21 (down ~3.8%).

BILL (NYSE:BILL - Get Free Report) had its target price decreased by investment analysts at Oppenheimer from $60.00 to $50.00 in a report issued on Tuesday,Benzinga reports. The brokerage presently has an "outperform" rating on the stock. Oppenheimer's price target points to a potential upside of 30.87% from the company's previous close.

Other analysts have also recently issued reports about the company. Zacks Research cut BILL from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 10th. Jefferies Financial Group reiterated a "buy" rating on shares of BILL in a research report on Friday, February 6th. Robert W. Baird set a $50.00 target price on BILL in a research report on Friday, February 6th. Evercore set a $42.00 target price on BILL in a research report on Friday, February 6th. Finally, Keefe, Bruyette & Woods cut their target price on BILL from $60.00 to $49.00 and set a "market perform" rating on the stock in a research report on Friday, February 6th. Twelve analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, BILL has a consensus rating of "Hold" and an average price target of $55.10.

BILL Stock Down 3.8%

NYSE:BILL traded down $1.52 during midday trading on Tuesday, reaching $38.21. The company had a trading volume of 791,703 shares, compared to its average volume of 2,522,157. The firm has a market capitalization of $3.78 billion, a price-to-earnings ratio of -159.86, a PEG ratio of 3.51 and a beta of 1.22. The stock's fifty day simple moving average is $39.90 and its 200-day simple moving average is $46.37. BILL has a 12-month low of $34.44 and a 12-month high of $57.21. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 0.48.

BILL (NYSE:BILL - Get Free Report) last released its earnings results on Thursday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.56 by $0.08. The firm had revenue of $414.67 million during the quarter, compared to analyst estimates of $399.71 million. BILL had a positive return on equity of 1.70% and a negative net margin of 1.56%.BILL's revenue was up 14.4% compared to the same quarter last year. During the same period last year, the business posted $0.56 earnings per share. BILL has set its Q3 2026 guidance at 0.530-0.570 EPS and its FY 2026 guidance at 2.330-2.410 EPS. On average, sell-side analysts anticipate that BILL will post 0.59 earnings per share for the current fiscal year.

Institutional Investors Weigh In On BILL

Institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its stake in shares of BILL by 3.5% during the 3rd quarter. Vanguard Group Inc. now owns 10,843,612 shares of the company's stock worth $574,386,000 after acquiring an additional 371,265 shares in the last quarter. Y Intercept Hong Kong Ltd raised its position in shares of BILL by 82.9% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 90,683 shares of the company's stock worth $4,803,000 after purchasing an additional 41,103 shares during the last quarter. ING Groep NV acquired a new position in BILL in the 3rd quarter valued at $26,485,000. WINTON GROUP Ltd acquired a new position in BILL in the 3rd quarter valued at $7,298,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH raised its holdings in BILL by 647.5% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 65,320 shares of the company's stock valued at $3,460,000 after acquiring an additional 56,582 shares during the last quarter. Hedge funds and other institutional investors own 97.99% of the company's stock.

About BILL

BILL Holdings, Inc provides financial automation software for small and midsize businesses worldwide. The company provides software-as-a-service, cloud-based payments, and spend management products, which allow users to automate accounts payable and accounts receivable transactions, as well as enable users to connect with their suppliers and/or customers to do business, eliminate expense reports, manage cash flows, and improve office efficiency. It also offers onboarding implementation support, and ongoing support and training services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.