UBS analyst Taylor McGinnis maintains $BILL Holdings (BILL.US)$ with a buy rating, and adjusts the target price from $65 to $90.
According to TipRanks data, the analyst has a success rate of 38.1% and a total average return of -14.7% over the past year.
Furthermore, according to the comprehensive report, the opinions of $BILL Holdings (BILL.US)$'s main analysts recently are as follows:
The company's Q1 results demonstrated strength, with revenue and profitability aligning with more optimistic scenarios. Despite the variable macro conditions for SMBs, the company's strides in promoting payment adoption and its commitment to market expansion and innovation are anticipated to bolster the business throughout the latter part of FY25.
The firm noted that the first fiscal quarter results for Bill were solid compared to expectations, with the guidance for fiscal year 2025 being revised upwards. Nonetheless, the firm holds the view that the risk/reward profile remains quite balanced.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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