Bill.com Holdings Inc. (BILL) PT Raised at BMO Capital Despite 'Macro Wobbles'

BMO Capital analyst Daniel Jester raised the price target on Bill.com Holdings Inc. (NYSE: BILL) to $52.00 (from $47.00) while maintaining a Market Perform rating.

The analyst commented: "Macro Wobbles Threaten to Delay Acceleration Opportunity; FY25 was year of investment across the business and product to help drive core growth back towards ~20% y/y, but moderating customer spending and monetization trends in FY3Q25 suggest the recovery into FY26 will take longer to emerge. We cut our estimates to reflect more caution across most key metrics, partially offset by pricing actions and emerging products like enhanced ACH which could be catalysts. Higher expected FCF generation is an incremental positive. Our target ticks higher to $52 as we gauge macro trends ahead of year-end results in August."

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