BILL (NYSE:BILL) Shares Gap Up on Strong Earnings

BILL Holdings, Inc. (NYSE:BILL)’s share price gapped up prior to trading on Friday after the company announced better than expected quarterly earnings. The stock had previously closed at $35.68, but opened at $41.14. BILL shares last traded at $41.1640, with a volume of 1,110,384 shares changing hands.

The company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.08. The firm had revenue of $414.67 million during the quarter, compared to the consensus estimate of $399.71 million. BILL had a negative net margin of 1.56% and a positive return on equity of 1.69%. The firm’s quarterly revenue was up 14.4% on a year-over-year basis. 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.

BILL News Roundup

Here are the key news stories impacting BILL this week:

• Positive Sentiment: Q2 results: BILL reported revenue and EPS above Street estimates and emphasized stronger profitability and TPV growth; management raised FY26 and Q3 guidance, signaling better-than-expected near-term momentum. BILL Reports Second Quarter Fiscal Year 2026 Financial Results
• Positive Sentiment: Analysts/coverage note: Zacks highlights the Q2 beat driven by core platform strength and higher total payment volume (TPV), reinforcing the narrative that billing and payments momentum is re-accelerating. BILL Holdings Q2 Earnings Beat Estimates on Core Strength & Higher TPV
• Positive Sentiment: Bullish research piece argues BILL’s valuation and margin profile look attractive after the quarter, pointing to durable subscription revenue, expanding customer base and raised FY26 guidance as a buy thesis. BILL Holdings: Muscle Past AI Fears And Buy This Stock For Value
• Positive Sentiment: Broker support: Needham reaffirmed a “buy” rating and $75 price target, providing a strong bullish anchor and a sizable upside case versus the current share price. Needham & Company LLC Reaffirms Buy
• Neutral Sentiment: Earnings call/transcript published — useful for hearing management detail on TPV, customer trends, and margin drivers but not additional headline moves beyond the release. BILL Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Analytical breakdowns (Zacks follow-ups) review key metrics vs. estimates — helpful context but largely restates the beat and guidance details. Here’s What Key Metrics Tell Us About BILL Q2 Earnings
• Negative Sentiment: Price-target cuts: Keefe, Bruyette & Woods trimmed their target to $49 and moved to “market perform,” reducing an upside driver and signaling more cautious near-term expectations from some shops. Keefe, Bruyette & Woods Lowers Price Target
• Negative Sentiment: Another sell-side trim: BMO cut its target to $46 and classified the stock as “market perform,” which may cap further rallies until more evidence of sustained growth appears. BILL Price Target Lowered at BMO Capital Markets

Analysts Set New Price Targets

Several equities analysts have issued reports on BILL shares. Evercore ISI set a $42.00 price objective on BILL in a research report on Friday. William Blair reaffirmed a “market perform” rating on shares of BILL in a report on Friday, November 7th. BTIG Research reiterated a “buy” rating and set a $60.00 price target on shares of BILL in a research report on Monday, February 2nd. Keefe, Bruyette & Woods lowered their price objective on shares of BILL from $60.00 to $49.00 and set a “market perform” rating for the company in a research report on Friday. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of BILL in a research report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $56.61.

Insider Transactions at BILL

In other news, SVP Germaine Cota sold 1,104 shares of the firm’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $51.23, for a total value of $56,557.92. Following the transaction, the senior vice president owned 10,812 shares of the company’s stock, valued at approximately $553,898.76. This trade represents a 9.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 13.20% of the company’s stock.

Hedge Funds Weigh In On BILL

Several large investors have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd grew its holdings in BILL by 972.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 536 shares of the company’s stock worth $28,000 after acquiring an additional 486 shares during the period. CWM LLC boosted its position in shares of BILL by 1,000.0% in the 4th quarter. CWM LLC now owns 803 shares of the company’s stock worth $44,000 after purchasing an additional 730 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of BILL by 27.2% during the fourth quarter. GAMMA Investing LLC now owns 1,243 shares of the company’s stock worth $68,000 after purchasing an additional 266 shares during the period. Hantz Financial Services Inc. increased its holdings in BILL by 189.2% in the third quarter. Hantz Financial Services Inc. now owns 1,255 shares of the company’s stock valued at $66,000 after purchasing an additional 821 shares during the last quarter. Finally, Blue Trust Inc. lifted its stake in BILL by 102.7% in the second quarter. Blue Trust Inc. now owns 1,261 shares of the company’s stock valued at $58,000 after buying an additional 639 shares during the period. 97.99% of the stock is currently owned by institutional investors and hedge funds.

BILL Stock Up 37.1%

The company has a debt-to-equity ratio of 0.47, a current ratio of 1.67 and a quick ratio of 1.67. The stock has a market cap of $4.90 billion, a price-to-earnings ratio of -203.83, a price-to-earnings-growth ratio of 4.95 and a beta of 1.30. The firm has a 50 day simple moving average of $50.74 and a two-hundred day simple moving average of $48.96.

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. It also offers onboarding implementation support, and ongoing support and training services.