BILL (NYSE:BILL) Stock Price Expected to Rise, Keefe, Bruyette & Woods Analyst Says

Key Points

• Keefe, Bruyette & Woods has increased its price target for BILL stock from $46.00 to $56.00, indicating a potential upside of 4.71% based on its latest closing price.
• Despite the upgrade by Keefe, several analysts, including Morgan Stanley and Piper Sandler, have downgraded their ratings and target prices for BILL, reflecting a mixed sentiment among equity researchers.
• BILL's Board of Directors has announced a stock buyback plan authorizing the repurchase of up to $300 million in shares, aimed at demonstrating confidence in the company's valuation.

BILL (NYSE:BILL - Get Free Report) had its target price boosted by research analysts at Keefe, Bruyette & Woods from $46.00 to $56.00 in a report released on Wednesday,Benzinga reports. The firm presently has a "market perform" rating on the stock. Keefe, Bruyette & Woods' target price would suggest a potential upside of 4.71% from the stock's previous close.

A number of other equities research analysts also recently commented on the stock. Morgan Stanley downgraded shares of BILL from an "overweight" rating to an "equal weight" rating and cut their target price for the stock from $60.00 to $55.00 in a research report on Wednesday, June 11th. Piper Sandler cut shares of BILL from an "overweight" rating to a "neutral" rating and cut their price objective for the company from $70.00 to $50.00 in a research report on Thursday, August 28th. Canaccord Genuity Group reissued a "buy" rating and issued a $75.00 price objective on shares of BILL in a research report on Thursday, August 28th. Mizuho cut their target price on BILL from $50.00 to $43.00 and set a "neutral" rating on the stock in a research note on Thursday, August 28th. Finally, Needham & Company LLC reissued a "buy" rating and issued a $75.00 price target on shares of BILL in a report on Thursday, August 28th. Eleven investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $59.65.

BILL Trading Up 1.0%

Shares of NYSE:BILL traded up $0.51 during midday trading on Wednesday, hitting $53.48. 1,416,353 shares of the stock traded hands, compared to its average volume of 2,943,613. The business's 50 day moving average is $46.43 and its two-hundred day moving average is $45.46. BILL has a one year low of $36.55 and a one year high of $100.19. The stock has a market capitalization of $5.44 billion, a PE ratio of -334.27, a P/E/G ratio of 15.46 and a beta of 1.37. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 0.38.

BILL (NYSE:BILL - Get Free Report) last posted its earnings results on Wednesday, August 27th. The company reported $0.53 EPS for the quarter, topping the consensus estimate of $0.41 by $0.12. BILL had a net margin of 1.63% and a return on equity of 1.16%. The firm had revenue of $383.35 million during the quarter, compared to analysts' expectations of $376.43 million. During the same period last year, the company posted $0.57 EPS. The company's quarterly revenue was up 11.5% compared to the same quarter last year. BILL has set its FY 2026 guidance at 2.000-2.200 EPS. Q1 2026 guidance at 0.490-0.520 EPS. As a group, research analysts forecast that BILL will post 0.12 earnings per share for the current year.

BILL announced that its Board of Directors has initiated a stock buyback plan on Wednesday, August 27th that authorizes the company to repurchase $300.00 million in shares. This repurchase authorization authorizes the company to repurchase up to 7.2% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's leadership believes its shares are undervalued.

Institutional Investors Weigh In On BILL

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BILL. Temasek Holdings Private Ltd lifted its holdings in shares of BILL by 36.4% in the 1st quarter. Temasek Holdings Private Ltd now owns 3,719,895 shares of the company's stock worth $170,706,000 after acquiring an additional 992,591 shares during the last quarter. Greenhouse Funds LLLP increased its position in BILL by 23.0% during the second quarter. Greenhouse Funds LLLP now owns 2,889,979 shares of the company's stock worth $133,690,000 after buying an additional 541,213 shares during the period. Ameriprise Financial Inc. grew its position in BILL by 23.6% in the 1st quarter. Ameriprise Financial Inc. now owns 2,490,921 shares of the company's stock valued at $114,308,000 after buying an additional 475,100 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of BILL by 110.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,489,918 shares of the company's stock valued at $114,265,000 after purchasing an additional 1,309,337 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in BILL by 133.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,038,609 shares of the company's stock valued at $93,552,000 after acquiring an additional 1,165,398 shares during the last quarter. Institutional investors and hedge funds own 97.99% of the company's stock.

BILL Company Profile

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.

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