Bill.com stock rating reiterated at Buy by UBS on improved KPIs

Published 28/08/2025, 15:00
Bill.com stock rating reiterated at Buy by UBS on improved KPIs

Investing.com - UBS has reiterated a Buy rating and $65.00 price target on Bill.com Holdings Inc. (NYSE:BILL) following the company’s fourth-quarter fiscal 2025 results. According to InvestingPro data, the stock is currently trading at $45.27, suggesting significant upside potential to the target price. The company’s overall financial health is rated as "GOOD" by InvestingPro’s comprehensive scoring system.

The firm noted that despite cautious investor sentiment, most key performance indicators improved and exceeded expectations. Within accounts payable and accounts receivable, transaction payment volume per customer accelerated to 0.4% year-over-year, while the take rate expanded 0.25 basis points quarter-over-quarter to 0.165%. The company maintains impressive gross profit margins of 84.52%, according to InvestingPro analysis, which shows 10+ additional key insights available for subscribers.

Bill.com attributed its outperformance to spending pull-forward ahead of tariffs, but warned it began seeing normalization in trends and continued macroeconomic pressures on discretionary spending at the start of the first quarter of fiscal 2026.

UBS is modeling 12.3% year-over-year growth for the first quarter of fiscal 2026 and 13.2% for the full fiscal year, below consensus estimates of 13.2% and 14% respectively, taking a conservative approach to start.

The company indicated it doesn’t need a macroeconomic recovery to achieve the high-end of its fiscal 2026 core revenue guidance of 14.6% year-over-year growth, suggesting faster or better execution on key initiatives could be sufficient.

In other recent news, Bill.com Holdings Inc. reported its fiscal fourth-quarter 2025 earnings, which exceeded analyst expectations. The company achieved an earnings per share (EPS) of $0.53, surpassing the forecasted $0.41, and reported revenue of $383.3 million, slightly above the anticipated $376.52 million. Despite this positive performance, BMO Capital has lowered its price target for Bill.com to $50.00 from $52.00, maintaining a Market Perform rating. BMO noted that the company’s results showed moderate upside on core revenue and EBIT margin. Similarly, Keefe, Bruyette & Woods (KBW) adjusted its price target to $46.00 from $54.00, citing a weaker-than-expected fiscal 2026 outlook due to ongoing macroeconomic uncertainty. KBW also maintained a Market Perform rating for the stock. These developments highlight the mixed reactions from analysts, reflecting both the company’s recent earnings success and concerns about future performance.

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