The average of price targets set by Wall Street analysts indicates a potential upside of 42.5% in BILL Holdings (BILL). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Three weeks after announcing mass job cuts, BILL is instituting an overhaul of its leadership team. The financial operations platform said Tuesday (May 26) that it was making several changes to its executive team as it increases its focus on artificial intelligence.
BILL's SMB finance platform keeps expanding with new products, AI automation, partner reach and a $1B buyback despite macro risks.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Barington Capital Group LP Barington Capital Group LP | 313,800 | $12.97M | $11.04M | -$1.93M | -14.86% |
George Soros Soros Fund Management LLC | 106,925 | $4.1M | $3.76M | -$332,002.63 | -8.11% |
Bridgewater Associates LP Bridgewater Associates LP | 65,743 | $3.36M | $2.31M | -$1.05M | -31.18% |
Yiheng Capital Management Yiheng Capital Management LP | 222,820 | $8.53M | $7.84M | -$691,856.1 | -8.11% |
Jeffrey C. Smith Starboard Value LP | 7.02M | $372.11M | $247.2M | -$124.87M | -33.56% |
| Software Industry | Information Technology Sector | Rene A. Lacerte CEO | NYSE Exchange | 090043100 CUSIP |
| US Country | 2,187 Employees | - Last Dividend | - Last Split | - IPO Date |
BILL Holdings, Inc., initially known as Bill.com Holdings, Inc., rebranded in February 2023, making a significant stride in the financial operations sphere for small and midsize businesses across the globe. With its headquarters established in San Jose, California since its inception in 2006, the company has focused on elevating the financial operations platform through innovative software solutions. By leveraging cloud technology and software-as-a-service (SaaS) models, BILL Holdings, Inc. aims to streamline and automate critical financial transactions and processes, thus promoting efficiency and connectivity among businesses, their suppliers, and customers.
The array of products and services offered by BILL Holdings, Inc. is designed to address the intricate needs of managing financial operations, enhancing office efficiencies, and fostering business connections. These offerings include: