BILL (NYSE:BILL) Price Target Lowered to $46.00 at Truist Financial

Key Points

• Truist cut BILL's price target from $59 to $46 while keeping a "buy" rating, which implies about a 25% upside from the prior close but sits below the consensus $56 price target.
• BILL beat Q4 estimates (EPS $0.64 vs. $0.56; revenue $414.7M vs. $399.7M) and provided Q3 and FY2026 guidance (Q3: 0.530–0.570 EPS; FY: 2.330–2.410 EPS), yet the stock trades around $36.70 near its 52‑week low.
• Institutional ownership is very high (~98%), with major managers like Vanguard, Contour Asset Management, Marshall Wace and Senvest significantly increasing positions recently.

BILL (NYSE:BILL - Get Free Report) had its target price decreased by research analysts at Truist Financial from $59.00 to $46.00 in a report released on Friday,Benzinga reports. The firm presently has a "buy" rating on the stock. Truist Financial's target price would indicate a potential upside of 25.33% from the stock's previous close.

BILL has been the subject of a number of other research reports. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of BILL in a research note on Monday, December 29th. BMO Capital Markets cut their price objective on shares of BILL from $50.00 to $46.00 and set a "market perform" rating for the company in a research note on Friday, February 6th. Citigroup cut their price objective on shares of BILL from $71.00 to $62.00 and set a "buy" rating for the company in a research note on Thursday, January 22nd. Jefferies Financial Group reaffirmed a "buy" rating on shares of BILL in a research note on Friday, February 6th. Finally, Wall Street Zen raised shares of BILL from a "hold" rating to a "buy" rating in a research note on Friday, April 3rd. Thirteen research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $56.00.

BILL Price Performance

Shares of NYSE BILL traded up $0.04 during trading hours on Friday, reaching $36.70. 111,807 shares of the stock traded hands, compared to its average volume of 2,626,439. The company has a market capitalization of $3.63 billion, a P/E ratio of -153.03, a price-to-earnings-growth ratio of 4.71 and a beta of 1.32. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 0.48. BILL has a 52-week low of $34.44 and a 52-week high of $57.21. The company's 50-day simple moving average is $40.76 and its two-hundred day simple moving average is $46.91.

BILL (NYSE:BILL - Get Free Report) last announced its quarterly earnings data on Thursday, February 5th. The company reported $0.64 earnings per share for the quarter, beating analysts' consensus estimates of $0.56 by $0.08. The company had revenue of $414.67 million for the quarter, compared to analysts' expectations 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 for the quarter was up 14.4% compared to the same quarter last year. During the same period last year, the firm posted $0.56 EPS. BILL has set its Q3 2026 guidance at 0.530-0.570 EPS and its FY 2026 guidance at 2.330-2.410 EPS. Equities research analysts forecast that BILL will post 0.56 EPS for the current year.

Institutional Investors Weigh In On BILL

Several institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in BILL by 3.5% during the 3rd quarter. Vanguard Group Inc. now owns 10,843,612 shares of the company's stock valued at $574,386,000 after buying an additional 371,265 shares during the period. ER Collective Holdings LLC purchased a new stake in BILL during the 4th quarter valued at $464,588,000. Contour Asset Management LLC boosted its position in BILL by 45.5% during the 4th quarter. Contour Asset Management LLC now owns 4,710,570 shares of the company's stock valued at $256,914,000 after buying an additional 1,472,132 shares during the period. Marshall Wace LLP boosted its position in BILL by 36.5% during the 4th quarter. Marshall Wace LLP now owns 2,958,096 shares of the company's stock valued at $161,335,000 after buying an additional 791,197 shares during the period. Finally, Senvest Management LLC boosted its position in BILL by 155.8% during the 4th quarter. Senvest Management LLC now owns 2,573,261 shares of the company's stock valued at $140,346,000 after buying an additional 1,567,186 shares during the period. 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.

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