Canaccord Genuity Group Forecasts Strong Price Appreciation for BILL (NYSE:BILL) Stock

BILL (NYSE:BILL) had its price target upped by stock analysts at Canaccord Genuity Group from $75.00 to $77.00 in a research note issued to investors on Tuesday, Marketbeat Ratings reports. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective suggests a potential upside of 63.36% from the company’s previous close.

Several other research firms also recently weighed in on BILL. BMO Capital Markets decreased their price objective on BILL from $50.00 to $46.00 and set a “market perform” rating for the company in a report on Friday, February 6th. UBS Group cut their price objective on shares of BILL from $65.00 to $60.00 and set a “buy” rating on the stock in a report on Friday, November 7th. Evercore ISI set a $42.00 target price on BILL in a research report on Friday, February 6th. Needham & Company LLC restated a “buy” rating and set a $75.00 price objective on shares of BILL in a research note on Friday, February 6th. Finally, BTIG Research reiterated a “buy” rating and issued a $60.00 target price on shares of BILL in a research note on Monday, February 2nd. One 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 company. According to MarketBeat.com, BILL has a consensus rating of “Moderate Buy” and an average price target of $56.30.

BILL Stock Down 6.9%

Shares of BILL opened at $47.14 on Tuesday. The firm has a fifty day moving average price of $50.66 and a 200-day moving average price of $49.06. The company has a current ratio of 1.65, a quick ratio of 1.67 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $4.66 billion, a P/E ratio of -196.40, a P/E/G ratio of 6.20 and a beta of 1.30. BILL has a 12-month low of $35.46 and a 12-month high of $61.75.

BILL (NYSE:BILL) 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 during the quarter, compared to analyst estimates of $399.71 million. BILL had a negative net margin of 1.56% and a positive return on equity of 1.70%. The firm’s revenue for the quarter was up 14.4% on a year-over-year basis. During the same quarter last year, the business 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 expect that BILL will post 0.12 earnings per share for the current year.

Insider Transactions at BILL

In other BILL news, SVP Germaine Cota sold 1,104 shares of BILL stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $51.23, for a total transaction of $56,557.92. Following the completion of the sale, the senior vice president owned 10,812 shares of the company’s stock, valued at approximately $553,898.76. The trade was a 9.26% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 13.20% of the stock is owned by company insiders.

Institutional Investors Weigh In On BILL

Large investors have recently bought and sold shares of the company. Y Intercept Hong Kong Ltd grew its position in shares of BILL by 82.9% in the third quarter. Y Intercept Hong Kong Ltd now owns 90,683 shares of the company’s stock valued at $4,803,000 after purchasing an additional 41,103 shares in the last quarter. Oak Thistle LLC purchased a new stake in BILL in the 3rd quarter valued at $2,737,000. Universal Beteiligungs und Servicegesellschaft mbH grew its holdings in BILL by 647.5% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 65,320 shares of the company’s stock valued at $3,460,000 after buying an additional 56,582 shares in the last quarter. ING Groep NV acquired a new stake in shares of BILL in the 3rd quarter worth $26,485,000. Finally, Texas Permanent School Fund Corp raised its holdings in shares of BILL by 43.2% during the 2nd quarter. Texas Permanent School Fund Corp now owns 60,448 shares of the company’s stock worth $2,796,000 after acquiring an additional 18,232 shares during the period. Hedge funds and other institutional investors 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. It also offers onboarding implementation support, and ongoing support and training services.