The Goldman Sachs Group Issues Positive Forecast for BILL (NYSE:BILL) Stock Price

BILL (NYSE:BILL) had its target price upped by The Goldman Sachs Group from $54.00 to $62.00 in a research note issued to investors on Monday morning,Benzinga reports. The Goldman Sachs Group currently has a buy rating on the stock.

Other equities analysts have also recently issued research reports about the stock. Truist Financial raised shares of BILL from a “hold” rating to a “buy” rating and boosted their price objective for the company from $50.00 to $63.00 in a research note on Friday, September 19th. Piper Sandler cut shares of BILL from an “overweight” rating to a “neutral” rating and reduced their price objective for the company from $70.00 to $50.00 in a research note on Thursday, August 28th. Mizuho reduced their price objective on shares of BILL from $50.00 to $43.00 and set a “neutral” rating for the company in a research note on Thursday, August 28th. Evercore ISI reduced their price objective on shares of BILL from $50.00 to $48.00 and set an “in-line” rating for the company in a research note on Thursday, August 28th. Finally, Robert W. Baird reduced their price objective on shares of BILL from $55.00 to $52.00 and set a “neutral” rating for the company in a research note on Friday, July 18th. Eleven analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $59.75.

BILL Price Performance

BILL opened at $49.65 on Monday. The company has a market capitalization of $5.05 billion, a price-to-earnings ratio of -310.28, a PEG ratio of 13.17 and a beta of 1.42. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 0.38. The firm has a 50-day moving average price of $47.81 and a 200-day moving average price of $45.69. BILL has a twelve month low of $36.55 and a twelve month high of $100.19.

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

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

Institutional Investors Weigh In On BILL

Institutional investors have recently made changes to their positions in the business. Fifth Third Bancorp lifted its stake in BILL by 134.1% in the first quarter. Fifth Third Bancorp now owns 749 shares of the company’s stock worth $34,000 after purchasing an additional 429 shares during the last quarter. Quarry LP lifted its stake in BILL by 85.9% in the first quarter. Quarry LP now owns 766 shares of the company’s stock worth $35,000 after purchasing an additional 354 shares during the last quarter. Brooklyn Investment Group lifted its stake in BILL by 73.6% in the first quarter. Brooklyn Investment Group now owns 889 shares of the company’s stock worth $41,000 after purchasing an additional 377 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in BILL by 2,189.1% in the first quarter. Farther Finance Advisors LLC now owns 1,053 shares of the company’s stock worth $48,000 after purchasing an additional 1,007 shares during the last quarter. Finally, UMB Bank n.a. lifted its stake in BILL by 283.3% in the second quarter. UMB Bank n.a. now owns 1,215 shares of the company’s stock worth $56,000 after purchasing an additional 898 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.