BILL Holdings (BILL)

• Market cap: $4.14B
• 1 day: -0.73%
• 5 days: -1.22%
• 1 month: -12.82%
• 3 months: -54.32%
• 6 months: -28.34%
• Year to date: -51.68%
• 1 year: -34.94%
• 5 years: -3.38%
• 10 years: 14.39%
• Sector: Technology
• Industry: Software - Application

About: BILL Holdings Inc is a provider of software-as-a-service, cloud-based payments and spend and expense management products, which allow users to automate accounts payable and accounts receivable transactions, enable businesses to easily connect with their suppliers or customers to do business, eliminate expense reports, manage cash flows and improve back office efficiency. Initial Public Offering and Follow-on Offering.

Employees: 2,187

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

145% more call options, than puts

Call options by funds: $543M | Put options by funds: $221M

118% more first-time investments, than exits

New positions opened: 124 | Existing positions closed: 57

70% more capital invested

Capital invested by funds: $4.73B [Q3] → $8.02B (+$3.29B) [Q4]

57% more funds holding in top 10

Funds holding in top 10: 7 [Q3] → 11 (+4) [Q4]

19% more funds holding

Funds holding: 338 [Q3] → 401 (+63) [Q4]

17% more repeat investments, than reductions

Existing positions increased: 126 | Existing positions reduced: 108

7.5% more ownership

Funds ownership: 83.93% [Q3] → 91.43% (+7.5%) [Q4]

Research analyst outlook

11 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $53 31% upside
• Avg. target: $71 74% upside
• High target: $105 159% upside

11 analyst ratings

• positive: 6 55%
• neutral: 4 36%
• negative: 1 9%

Morgan Stanley Keith Weiss 31% 1-year accuracy 11 / 36 met price target	60% upside $65	Equal-Weight Maintained	16 Apr 2025
Mizuho Siti Panigrahi 48% 1-year accuracy 16 / 33 met price target	31% upside $53	Neutral Maintained	15 Apr 2025
Piper Sandler Clarke Jeffries 19% 1-year accuracy 8 / 43 met price target	72% upside $70	Overweight Maintained	10 Apr 2025
Baird David Koning 64% 1-year accuracy 21 / 33 met price target	35% upside $55	Neutral Maintained	4 Apr 2025
Goldman Sachs Will Nance 33% 1-year accuracy 15 / 45 met price target	48% upside $60	Buy Maintained	2 Apr 2025