Truist Securities has upgraded BILL Holdings Inc (BILL) from Hold to Buy, reflecting a more optimistic outlook on the company's prospects. The action, taken on September 18, 2025, comes as the stock trades at $47.38.
This upgrade may indicate improved fundamentals or better-than-expected business performance, showcasing increased confidence in the company's strategic direction. BILL Holdings, headquartered in San Jose, California, specializes in cloud-based software solutions, particularly in payments and expense management. The firm went public on December 12, 2019, and currently employs 2,364 full-time staff.
As of November 20, 2025, BILL Holdings boasts a market cap of $4.8 billion, with a P/E ratio of 401.89 and an EPS of 0.11. The company has consistently exceeded earnings expectations, with a notable 17.2% surprise in Q1 2026, reporting an EPS of $0.61 against an estimate of $0.52.
Upcoming earnings are scheduled for May 6, 2026, with estimates of $0.52 EPS and $401.8 million in revenue. Analyst consensus remains positive, with 8 Strong Buy, 12 Buy, and 11 Hold ratings as of November 1, 2025. Recent analyst actions, including the Truist upgrade, underscore a growing confidence in BILL's future performance.
While analyst ratings can provide valuable insights, they are based on research and assumptions that may evolve over time. Investors are encouraged to consider various factors, including company fundamentals and industry trends, when making decisions.