BILL (NYSE:BILL) Cut to “Hold” at Zacks Research

Zacks Research downgraded shares of BILL (NYSE:BILL) from a strong-buy rating to a hold rating in a research report sent to investors on Monday,Zacks.com reports.

A number of other research firms also recently weighed in on BILL. The Goldman Sachs Group lifted their target price on BILL from $44.00 to $50.00 and gave the stock a “buy” rating in a report on Monday, May 11th. Keefe, Bruyette & Woods raised their price objective on BILL from $42.00 to $49.00 and gave the stock a “market perform” rating in a research note on Tuesday, May 12th. Truist Financial cut BILL from a “buy” rating to a “hold” rating and dropped their price objective for the company from $45.00 to $35.00 in a report on Wednesday, June 10th. TD Cowen began coverage on BILL in a research note on Monday, June 22nd. They issued a “buy” rating and a $43.00 price target for the company. Finally, Weiss Ratings raised shares of BILL from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, May 20th. Twelve research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $55.50.

BILL Stock Down 5.5%

BILL stock opened at $41.83 on Monday. BILL has a twelve month low of $31.41 and a twelve month high of $57.21. The stock has a market cap of $4.17 billion, a P/E ratio of -4,178.92, a P/E/G ratio of 0.99 and a beta of 1.17. The company’s 50-day moving average price is $37.41 and its two-hundred day moving average price is $40.88. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 0.48.

BILL (NYSE:BILL) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.13. The business had revenue of $406.56 million during the quarter, compared to analysts’ expectations of $403.76 million. BILL had a return on equity of 2.40% and a net margin of 0.01%.The firm’s revenue for the quarter was up 13.5% compared to the same quarter last year. During the same period last year, the firm posted $0.50 EPS. BILL has set its FY 2026 guidance at 2.610-2.640 EPS and its Q4 2026 guidance at 0.690-0.720 EPS. As a group, analysts expect that BILL will post 0.95 EPS for the current year.

Hedge Funds Weigh In On BILL

Institutional investors and hedge funds have recently bought and sold shares of the company. ER Collective Holdings LLC acquired a new stake in BILL during the 4th quarter worth approximately $464,588,000. Senvest Management LLC increased its position in BILL by 155.8% in the 4th quarter. Senvest Management LLC now owns 2,573,261 shares of the company’s stock valued at $140,346,000 after acquiring an additional 1,567,186 shares during the period. Contour Asset Management LLC increased its position in BILL by 45.5% in the 4th quarter. Contour Asset Management LLC now owns 4,710,570 shares of the company’s stock valued at $256,914,000 after acquiring an additional 1,472,132 shares during the period. Marshall Wace LLP increased its position in BILL by 190.8% in the 3rd quarter. Marshall Wace LLP now owns 2,166,899 shares of the company’s stock valued at $114,781,000 after acquiring an additional 1,421,785 shares during the period. Finally, Norges Bank bought a new position in shares of BILL during the fourth quarter valued at $54,275,000. Institutional investors and hedge funds own 97.99% of the company’s stock.

BILL News Summary

Here are the key news stories impacting BILL this week:

• Positive Sentiment: BILL set its fiscal Q4 and full-year 2026 earnings release for August 19, giving investors a near-term event to watch for updates on growth, margins, and guidance. BILL to Report Fiscal Fourth Quarter and Fiscal 2026 Financial Results
• Neutral Sentiment: The company’s announcement confirms the timing of its upcoming earnings call, but it did not provide new financial results or updated guidance yet. BILL to Report Fiscal Fourth Quarter and Fiscal 2026 Financial Results
• Negative Sentiment: Zacks Research downgraded BILL from strong-buy to hold, a rating cut that may signal more cautious expectations for the stock near term. Zacks.com

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.