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Investing.com - Keefe, Bruyette & Woods (KBW) reduced its price target on Bill.com Holdings Inc (NYSE:BILL) to $46.00 from $54.00 on Thursday, while maintaining its Market Perform rating on the stock.
The price target adjustment follows Bill.com’s weaker-than-expected fiscal 2026 outlook, which KBW attributed to "continued macro uncertainty" affecting the company’s performance projections. According to InvestingPro data, the company maintains impressive gross profit margins of 84.5% and shows positive revenue growth of 14.5% over the last twelve months.
KBW noted that despite "considerable market opportunity" for Bill.com, the persistent uncertainty makes it difficult to maintain optimism about the company’s near-term prospects. InvestingPro analysis suggests the stock is currently undervalued, with additional insights available in the comprehensive Pro Research Report, which covers key metrics and growth prospects for BILL among 1,400+ US stocks.
The financial services firm is lowering its fiscal 2026 and fiscal 2027 estimates for Bill.com based on the company’s latest guidance.
KBW indicated it would maintain its neutral Market Perform rating until there is "greater line of sight into when BILL will be able to achieve the targeted 20% core revenue growth."
In other recent news, Bill Com Holdings Inc . reported its fiscal fourth-quarter 2025 earnings, surpassing analyst expectations. The company achieved an earnings per share (EPS) of $0.53, exceeding the forecasted $0.41. Revenue for the quarter reached $383.3 million, slightly above the anticipated $376.52 million. These results indicate a strong performance for the company during this period. Analysts from various firms had projected these figures, and the actual results were favorable in comparison. The earnings announcement reflects recent developments that are noteworthy for investors.
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