BILL (NYSE:BILL) Given New $60.00 Price Target at Oppenheimer

BILL (NYSE:BILL) had its target price upped by Oppenheimer from $55.00 to $60.00 in a research note released on Friday morning,Benzinga reports. Oppenheimer currently has an outperform rating on the stock.

A number of other equities analysts also recently weighed in on BILL. Jefferies Financial Group downgraded BILL from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. BMO Capital Markets lifted their target price on BILL from $46.00 to $55.00 and gave the stock a “market perform” rating in a research note on Thursday, August 20th. Keefe, Bruyette & Woods boosted their target price on BILL from $52.00 to $58.00 and gave the stock a “market perform” rating in a report on Friday. The Goldman Sachs Group raised their price target on BILL from $50.00 to $57.00 and gave the company a “buy” rating in a report on Thursday, August 20th. Finally, Wolfe Research lifted their price objective on shares of BILL from $57.00 to $60.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 25th. Ten analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $57.59.

BILL Stock Up 3.3%

Shares of NYSE:BILL traded up $1.70 during midday trading on Friday, hitting $52.59. The stock had a trading volume of 2,211,065 shares, compared to its average volume of 1,332,021. BILL has a 12 month low of $31.41 and a 12 month high of $57.21. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.49. The business’s 50-day simple moving average is $47.26 and its 200-day simple moving average is $42.70. The company has a market cap of $4.52 billion, a P/E ratio of 103.11, a PEG ratio of 0.72 and a beta of 1.08.

BILL (NYSE:BILL) last posted its quarterly earnings results on Thursday, November 5th. The company reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.20. The firm had revenue of $353.77 million for the quarter, compared to analyst estimates of $438.62 million. BILL had a negative net margin of 0.68% and a positive return on equity of 3.74%. The company’s quarterly revenue was down 10.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.61 earnings per share. BILL has set its FY 2027 guidance at 3.990-4.150 EPS and its Q2 2027 guidance at 0.970-1.010 EPS. On average, sell-side analysts forecast that BILL will post 2.29 earnings per share for the current fiscal year.

Insider Activity at BILL

In related news, insider Michael Cieri sold 10,754 shares of BILL stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $49.13, for a total transaction of $528,344.02. Following the sale, the insider directly owned 997 shares in the company, valued at $48,982.61. This trade represents a 91.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Rene Lacerte sold 141,256 shares of the firm’s stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $48.42, for a total value of $6,839,615.52. Following the transaction, the chief executive officer owned 100,899 shares of the company’s stock, valued at $4,885,529.58. This trade represents a 58.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 267,997 shares of company stock valued at $13,057,984. 13.20% of the stock is owned by insiders.

Hedge Funds Weigh In On BILL

Several hedge funds have recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its position in BILL by 4.3% in the first quarter. Dimensional Fund Advisors LP now owns 3,090,741 shares of the company’s stock worth $118,366,000 after purchasing an additional 126,427 shares during the last quarter. Sepio Capital LP lifted its stake in BILL by 1,251.6% in the third quarter. Sepio Capital LP now owns 1,304,267 shares of the company’s stock valued at $55,484,000 after purchasing an additional 1,207,769 shares during the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in BILL in the third quarter worth $35,983,000. Canada Pension Plan Investment Board purchased a new stake in BILL in the second quarter worth $14,894,000. Finally, Algert Global LLC raised its stake in shares of BILL by 113.8% in the second quarter. Algert Global LLC now owns 385,264 shares of the company’s stock valued at $13,931,000 after buying an additional 205,024 shares during the period. Institutional investors own 97.99% of the company’s stock.

Key Headlines Impacting BILL

Here are the key news stories impacting BILL this week:

• Positive Sentiment: BILL reported first-quarter fiscal 2027 adjusted earnings of $1.18 per share, beating the $0.98 consensus and rising from $0.61 a year earlier. Its FY2027 EPS forecast of $3.99–$4.15 also topped the $3.44 analyst estimate. BILL first-quarter results
• Positive Sentiment: Oppenheimer raised its price target to $60 from $55 and maintained an outperform rating. Keefe, Bruyette & Woods lifted its target to $58 from $52, while keeping a market-perform rating. Oppenheimer recommendations Keefe, Bruyette & Woods recommendations
• Positive Sentiment: Management highlighted margin gains, increased AI adoption and improving payment monetization, including five product launches and a Visa pilot. These developments may support growth and profitability as BILL works through sales restructuring. Earnings call highlights
• Negative Sentiment: Revenue was $353.77 million, below the $438.62 million consensus and down 10.6% year over year. Revenue guidance also lagged expectations: BILL forecast $1.4–$1.5 billion for FY2027 versus $1.8 billion consensus, and $353–$363 million for Q2 versus $453.1 million. This gap may temper enthusiasm despite the EPS beat.

About BILL

BILL Holdings, Inc provides financial operations software for small and midsize businesses, accountants and financial institutions. Its cloud-based platform is designed to automate and simplify back-office processes, including accounts payable, accounts receivable, expense management, budgeting and payments.

The company’s offerings enable businesses to receive and pay bills, send invoices, manage expenses, establish spending controls and connect financial workflows with accounting systems.