JPMorgan Chase & Co. Issues Positive Forecast for BILL (NYSE:BILL) Stock Price

BILL (NYSE:BILL) had its target price boosted by equities research analysts at JPMorgan Chase & Co. from $55.00 to $60.00 in a report released on Friday,Benzinga reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 31.72% from the stock’s previous close.

Several other research firms have also issued reports on BILL. Mizuho dropped their target price on shares of BILL from $50.00 to $43.00 and set a “neutral” rating on the stock in a report on Thursday, August 28th. Wolfe Research upgraded BILL from a “peer perform” rating to an “outperform” rating and set a $70.00 target price on the stock in a report on Thursday, September 11th. Citigroup raised shares of BILL to a “strong-buy” rating in a research report on Thursday, October 23rd. Deutsche Bank Aktiengesellschaft began coverage on BILL in a research note on Thursday, July 17th. They set a “hold” rating and a $49.00 target price on the stock. Finally, Susquehanna decreased their price objective on shares of BILL from $89.00 to $84.00 and set a “positive” rating for the company in a report on Friday. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $58.90.

BILL Stock Performance

BILL traded up $1.18 during trading on Friday, hitting $45.55. The stock had a trading volume of 4,895,306 shares, compared to its average volume of 2,893,007. BILL has a one year low of $36.55 and a one year high of $100.19. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.58 and a quick ratio of 1.58. The firm has a market cap of $4.57 billion, a price-to-earnings ratio of -284.68, a P/E/G ratio of 12.22 and a beta of 1.43. The company has a 50 day moving average price of $50.79 and a 200-day moving average price of $46.64.

BILL (NYSE:BILL) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.10. BILL had a net margin of 1.63% and a return on equity of 1.16%. The firm had revenue of $395.74 million for the quarter, compared to the consensus estimate of $390.91 million. During the same period in the prior year, the company posted $0.63 earnings per share. The business’s revenue for the quarter was up 10.4% on a year-over-year basis. BILL has set its FY 2026 guidance at 2.110-2.250 EPS. Q2 2026 guidance at 0.540-0.570 EPS. As a group, research analysts predict that BILL will post 0.12 EPS for the current year.

BILL declared that its board has approved a stock repurchase program on Wednesday, August 27th that allows the company to buyback $300.00 million in outstanding shares. This buyback authorization allows the company to purchase up to 7.2% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.

Institutional Trading of BILL

Several hedge funds and other institutional investors have recently bought and sold shares of BILL. Quarry LP grew its holdings in BILL by 85.9% in the 1st quarter. Quarry LP now owns 766 shares of the company’s stock worth $35,000 after acquiring an additional 354 shares during the last quarter. Brooklyn Investment Group boosted its holdings in shares of BILL by 73.6% during 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 period. UMB Bank n.a. grew its stake in shares of 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. Blue Trust Inc. increased its holdings in BILL by 102.7% during the 2nd quarter. Blue Trust Inc. now owns 1,261 shares of the company’s stock valued at $58,000 after purchasing an additional 639 shares during the period. Finally, State of Wyoming purchased a new position in BILL during the 1st quarter valued at about $62,000. 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.