BILL Holdings (BILL)

• Market cap: $4.16B
• 1 day: 2.36%
• 5 days: -1.57%
• 1 month: -19.76%
• 3 months: -55.60%
• 6 months: -27.47%
• Year to date: -51.46%
• 1 year: -32.68%
• 5 years: -14.47%
• 10 years: 14.93%
• 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: $43 5% upside
• Avg. target: $70 70% upside
• High target: $105 157% upside

11 analyst ratings

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

Wells Fargo Andrew Bauch 30% 1-year accuracy 11 / 37 met price target	5% upside $43	Underweight Maintained	22 Apr 2025
Morgan Stanley Keith Weiss 34% 1-year accuracy 12 / 35 met price target	59% upside $65	Equal-Weight Maintained	16 Apr 2025
Mizuho Siti Panigrahi 15% 1-year accuracy 5 / 33 met price target	30% upside $53	Neutral Maintained	15 Apr 2025
Piper Sandler Clarke Jeffries 14% 1-year accuracy 6 / 43 met price target	72% upside $70	Overweight Maintained	10 Apr 2025
Baird David Koning 63% 1-year accuracy 19 / 30 met price target	35% upside $55	Neutral Maintained	4 Apr 2025